$BTC
$ETH Binance announced it will move its entire $1 billion user protection fund into Bitcoin over the next 30 days. The decision lands as Bitcoin trades well below recent highs, adding pressure across the market. Exchange safety sits front and center again as traders rethink where they store their coins.
Binance says it will carry out the shift gradually and publish audits along the way. If Bitcoin’s price drop pushes the fund below $800 million, Binance says it will top it back up from company reserves. That promise matters when confidence feels shaky.
BINANCE.