Secure Asset Fund for Users (SAFU)

De CoinGecko| Actualizat la Mar 03, 2020
On the 3rd of July, 2018, Binance announced the Secure Asset Fund for Users (SAFU) as an emergency insurance fund to protect their users in the event of any hacks or security breaches. The SAFU fund is collected as a portion of users' trading fees, and increases as more users trade on Binance

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Cryptocurrency
A form of digital currency that utilizes cryptographic protocols to record ownership and prevent counterfeiting
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Mnemonics are memory aids with a system such as letters or associations that help in recall. *see Mnemonic Phrase.
Cryptocurrency Act of 2020
The Cryptocurrency Act of 2020 is a bill which aims to clarify which federal agencies would regulate which type of crypto assets.
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Typically refers to Bitcoins' market capitalization dominance.
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