The Secure Asset Fund for Users (SAFU) is a concept specific to Binance, one of the leading cryptocurrency exchanges globally. SAFU serves as a reserve fund established by Binance to provide an additional layer of security and protection for its users' assets. The purpose of SAFU is to compensate users in the event of unforeseen security breaches, hacking incidents, or other risks that may lead to losses of user funds.

SAFU operates by setting aside a portion of the trading fees collected by Binance into a dedicated fund. emergency situations and mitigate the impact on user funds. By creating SAFU, Binance aims to ensure that users' assets are safeguarded even in the face of unexpected events beyond their control.

It's important to know that while SAFU is commonly associated with Binance, other exchanges may have similar mechanisms in place to address user security concerns.

One such example is CoinEx Shield Fund. CoinEx has established the CoinEx Shield Fund to enhance the security and financial protection of worldwide users. This fund is financed by reserving 10% of all trading fees collected from users and channeling them into a dedicated pool specifically designated for asset protection. The primary objective of this fund is to safeguard the integrity of user assets in the face of uncontrollable risk events and unforeseen circumstances.

(insert link with the anchor CoinEx Shield Fund: https://www.coinex.com/en/asset-security)