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Also, we’ll explain why it is one of the most well-liked cryptocurrency exchanges in the world. Within the vibrant world of fintech, where innovation meets finance, the stakes for sustaining unshakable security and fostering enduring trust are sky-excessive. Binance is the most important cryptocurrency exchange on this planet by buying and selling quantity. Binance is at the moment the world’s largest cryptocurrency exchange by trading volume. Over the previous few weeks, Binance has been more and more in the spotlight because the world’s largest crypto exchange introduced plans to drag out of Cyprus, adopted by the termination of its operations in the Netherlands after failing to obtain a digital asset service provider (VASP) license. SAFU, the Secure Asset Fund for Users, is an emergency insurance fund. Over time, the exchange has proven itself reliable and responsible to its clients and has lived as much as set requirements and rules, cementing its reputation in legitimizing cryptocurrencies as an asset class.