Your funds are SAFU is bull crap

[HeatBit]

Since the last two years now Binance exchange have done nothing but fucked the market and their users twice, like you are a big fool if you still believe that their theme

"Your funds are SAFU"

Nothing is SAFU about a centralised exchange, and my gut still tells me that Binance and CZ are the most corrupted of all in this crypto space, don't try changing my mind..

Anyways, do yourself some favour and start trusting self custody more.
Although don't mixed a poor self custody with the same as real self custody, people lose their coins mismanaging their Bitcoin.

Your own meaning of self custody might not be a good as mine, do it right and you won't have stories like this to share.

[Joy_learns_crypto]

Calm down and state why resent SAFU, you are wrote all this but made no point. Centralized exchange affects anonymity and your privacy given out due to the KYC needed on this exchanges.
CZ do have his own records that aren't spotless but Binance is the biggest crypto exchange, they got hit and have truly handled the aftermath really well.

SAFU is Binance measure to ensure users asset are safe in such situations as they are in now, if the withdrawal wasn't opened like they said it would then I would say they failed but so far they have been on track.

But remember you shouldn't safe your funds on an exchange not even the biggest exchange is safe for your asset.

[Oshosondy]

SAFU or no SAFU, exchanges are not where people should keep their cryptocurrencies. Noncustodial wallets are what should be used for people that want to hold bitcoin.

Exchanges are for crypto trading and not for savings, but people have turned exchanges to where they can save money and which is not right at all.

[hmbdofficial]

Since the last two years now Binance exchange have done nothing but fucked the market and their users twice, like you are a big fool if you still believe that their theme

"Your funds are SAFU"

Nothing is SAFU about a centralised exchange, and my gut still tells me that Binance and CZ are the most corrupted of all in this crypto space, don't try changing my mind..

Anyways, do yourself some favour and start trusting self custody more.
Although don't mixed a poor self custody with the same as real self custody, people lose their coins mismanaging their Bitcoin.

Your own meaning of self custody might not be a good as mine, do it right and you won't have stories like this to share.

The fact still remains that self custody will always be the proper way to keep bitcoin. But let not just come online and claim things that weren’t sure of. What do you have against Binance to prove that user funds are truly not SAFU since after the attack did anyone complain that they couldn’t access their funds after the withdrawal was open? Thats what SAFU means actually, they took responsibility of keeping user funds safe so stop spreading thing you don’t know. If you don’t want to use the Binance that’s fine.