Binance has advanced its user protection strategy with a fresh safu bitcoin allocation, reinforcing its flagship emergency reserve during a key transition phase.
Second BTC batch completed for SAFU fund
The crypto exchange Binance confirmed it has completed the second batch of its Bitcoin conversion for the Secure Asset Fund for Users, or SAFU, on Feb. 4, 2026. The latest tranche added an extra $100 million in BTC to the on-chain reserve, continuing a month-long restructuring of the protection pool.
Moreover, the company disclosed full on-chain details for transparency. The official post on its X account shared the dedicated SAFU BTC address, listed as 1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD, along with the corresponding transaction identifier at https://t.co/xm87A7Zd9T so that users can independently verify the movement of funds.
Ongoing conversion of $1 billion protection pool
Binance began this conversion initiative in late January 2026, pledging to shift its entire $1 billion SAFU fund from stablecoins into Bitcoin within a 30-day window. That said, the operator has opted to execute the transition in multiple batches, rather than as a single transfer, to manage execution and potential market impact.
The first batch of the binance safu conversion was finalized on February 2. It transferred roughly 1,315 BTC, which the exchange valued at about $100 million at the time of settlement, marking the initial leg of the planned reallocation from stablecoins into the leading crypto asset.
Structure and role of the SAFU emergency reserve
The Secure Asset Fund for Users was originally created in 2018 as a dedicated safu emergency reserve funded through a portion of Binance trading fees. Since launch, it has been presented as an additional layer of protection that can be deployed to cover extreme events or platform incidents affecting customer balances.
Furthermore, the fund operates with an internal safu rebalancing mechanism designed to preserve a minimum value of $800 million, even during periods of sharp Bitcoin price volatility. This structure aims to keep the pool sufficiently capitalized so that the safu fund bitcoin holdings and any complementary assets can maintain a consistent backstop for user funds as market conditions change.
Implications of the latest Binance SAFU moves
By conducting the latest binance safu announcement with full public wallet and transaction references, Binance reinforces its transparency message around the reserve. However, market observers will continue to monitor how the conversion toward a predominantly binance btc reserve may affect SAFU valuations during future drawdowns, given the direct link to Bitcoin market cycles.
Overall, the continuing safu bitcoin conversion marks a notable shift in how Binance structures its dedicated protection pot. The staged transfers, clear disclosure of addresses, and specified targets for minimum fund size are likely to remain central talking points as the 30-day reallocation period progresses.
In summary, Binance’s phased move of its $1 billion SAFU into BTC, backed by on-chain data and a defined value floor, underscores its effort to keep user protections visible and measurably funded through changing market conditions.
Source: https://en.cryptonomist.ch/2026/02/04/safu-bitcoin-conversion-btc/