In light of recent developments, Binance reiterates to all its users and traders in the Middle East and North Africa that their funds and assets are completely safe and fully protected by the highest global security standards and the Secure Asset Fund for Users (SAFU).
The platform demonstrates its financial strength and solvency through its historic commitment to allocating 6.34 billion US dollars to cover all the effects of the recent security incident and return the affected assets to their owners without placing any burden on investors.
💡 What does this mean for traders in our region?
• Complete security for your funds: User funds are protected by the Secure Asset Fund for Users (SAFU).
• Full spot market stability: The $1.34 billion in compensatory purchases will be made through over-the-counter (OTC) channels, ensuring no volatility in coin prices on the open market and no impact on your daily trading.
• A decisive blow against hackers: Another $3 billion in stolen assets has been frozen in coordination with trusted industry partners.
Binance always puts protecting its traders first, and the Arab region will remain a key partner in the journey toward safe growth in the crypto sector#Binance #BinanceMENA #SAFU🙏 #CryptoSecurity #العملات_الرقمية $BTC
