Internet
safu
What does safu mean?
A meme misspelling of "safe"; also backronymed by Binance to "Secure Asset Fund for Users," an emergency insurance fund.
"Cold storage keys are offline, we're safu."
Origin
Originated from the 2018 "funds are safu" meme; later adopted officially by Binance.
Frequently asked questions
What does safu mean in crypto?
Safu is a meme misspelling of "safe," meaning funds or assets are secure. Binance later backronymed it to "Secure Asset Fund for Users."
What is Binance SAFU?
SAFU stands for Secure Asset Fund for Users, an emergency insurance fund Binance set up to protect users in extreme cases, playing on the earlier meme.
Where did safu originate?
It came from the 2018 "funds are safu" meme mocking Binance's CEO, and was later adopted officially by the exchange.
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