safu meaning - What Is SAFU and Why Do You Need it?
In no time, cryptocurrencies have attracted global interest. Retail and institutional investors alike are heavily invested in this asset class despite its volatile nature. However, recent black swan events like the FTX saga and others have made them hesitant. SAFU (Secure Asset Fund For Users) provides them with a sense of safety that their funds are secure with the exchange.
It is a reserve fund to safeguard the interest of investors in investing in digital assets. It acts as a cushi