Binance announced that it would convert its holdings in its Safe Secure Assets Funds for Users (SAFU) into its Bitcoin reserves. This comes as the BTC price remains in a downtrend. Binance Shifts SAFU Fund to Bitcoin Reserve The cryptocurrency exchange said in a blog post that it would convert the $1 billion SAFU fund The post Binance to Move $1B SAFU Fund Into Bitcoin Reserve Despite BTC Price Dip appeared first on CoinGape .