good afternoon but this insurance also works for different currencies that are not btc but if they are purchased here on binance it also covers this insurance right?
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ALØNDRACRYPTØ1
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$BNB 🔖 $BTC
Attention to this, Investors!! Binance has just released news that changes the game rules for our security.
It turns out that their famous emergency fund, the SAFU (that billion-dollar insurance they have in case of hacking or unforeseen events), is going to stop being in stablecoins and will fully switch to Bitcoin. Yes, you read that right: Binance trusts BTC so much that it will use it as its main shield!
What does this mean for us?
- Total confidence in the asset: They no longer only want digital dollars; they want the strongest currency in the world backing our funds.
- Value guarantee: They have committed that if the price of Bitcoin drops and the fund falls below 800 million, they will chip in from their own pocket to always bring it back to 1 billion dollars.
- Transparency: They will conduct regular audits so that we can all see that the money is there.
This is a giant step. Binance is not only telling us that BTC is the future, but also putting its own life insurance in it. It is a very clear sign that we are in the right ecosystem.
Tell me one thing, does it give you more peace of mind knowing that your protection insurance is now backed by Bitcoin instead of just by dollars tied to the dollar?
🖇️ Remember: in this world, those who do not evolve fall behind, and Binance has just fortified our security with the most powerful technology that exists.
Do you think this move by Binance is the definitive sign that BTC is no longer risky, but the safest asset on the planet, or do you still prefer the stability of digital dollars for emergencies?
#MarketCorrection
#PreciousMetalsTurbulence
Attention to this, Investors!! Binance has just released news that changes the game rules for our security.
It turns out that their famous emergency fund, the SAFU (that billion-dollar insurance they have in case of hacking or unforeseen events), is going to stop being in stablecoins and will fully switch to Bitcoin. Yes, you read that right: Binance trusts BTC so much that it will use it as its main shield!
What does this mean for us?
- Total confidence in the asset: They no longer only want digital dollars; they want the strongest currency in the world backing our funds.
- Value guarantee: They have committed that if the price of Bitcoin drops and the fund falls below 800 million, they will chip in from their own pocket to always bring it back to 1 billion dollars.
- Transparency: They will conduct regular audits so that we can all see that the money is there.
This is a giant step. Binance is not only telling us that BTC is the future, but also putting its own life insurance in it. It is a very clear sign that we are in the right ecosystem.
Tell me one thing, does it give you more peace of mind knowing that your protection insurance is now backed by Bitcoin instead of just by dollars tied to the dollar?
🖇️ Remember: in this world, those who do not evolve fall behind, and Binance has just fortified our security with the most powerful technology that exists.
Do you think this move by Binance is the definitive sign that BTC is no longer risky, but the safest asset on the planet, or do you still prefer the stability of digital dollars for emergencies?
#MarketCorrection
#PreciousMetalsTurbulence
