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#BABT
The Binance Account Bound (BAB) token is a pioneering Soulbound Token (SBT) introduced by Binance on the BNB Chain. Serving as a digital verification tool, the BAB token is exclusively available to users who have completed Binance's Identity Verification (KYC) process. Distinctively, this non-transferable token has no monetary value and is permanently bound to the user's wallet, ensuring a unique and verifiable on-chain identity.
Key Features of the BAB Token:
Non-Transferable: Once minted, the BAB token cannot be transferred between wallets, reinforcing its role as a personal identifier.
Revocable: Users retain the ability to revoke their BAB token if necessary. After revocation, a new token can be minted following a 72-hour waiting period.
Unique Identity Verification: Each verified Binance user can mint only one BAB token, establishing a singular digital identity within the BNB Chain ecosystem.
Minting the BAB Token:
To mint the BAB token, users must have a verified Binance account. The process involves accessing the BAB token section within the Binance app, connecting a compatible wallet (such as Trust Wallet or Binance Wallet), and following the on-screen instructions to complete the minting process.
Ecosystem Integration and Benefits:
The introduction of the BAB token has garnered attention from various projects within the BNB Chain ecosystem. Several decentralized applications (dApps) and platforms are integrating BAB tokens to enhance their user verification processes and offer exclusive benefits to token holders. For instance, certain projects may grant BAB token holders access to special features, airdrops, or participation rights in governance decisions.
By adopting the BAB token, Binance aims to foster a more secure and personalized Web3 experience, enabling users to establish a verifiable digital identity and participate more actively within the decentralized ecosystem.
The Binance Account Bound (BAB) token is a pioneering Soulbound Token (SBT) introduced by Binance on the BNB Chain. Serving as a digital verification tool, the BAB token is exclusively available to users who have completed Binance's Identity Verification (KYC) process. Distinctively, this non-transferable token has no monetary value and is permanently bound to the user's wallet, ensuring a unique and verifiable on-chain identity.
Key Features of the BAB Token:
Non-Transferable: Once minted, the BAB token cannot be transferred between wallets, reinforcing its role as a personal identifier.
Revocable: Users retain the ability to revoke their BAB token if necessary. After revocation, a new token can be minted following a 72-hour waiting period.
Unique Identity Verification: Each verified Binance user can mint only one BAB token, establishing a singular digital identity within the BNB Chain ecosystem.
Minting the BAB Token:
To mint the BAB token, users must have a verified Binance account. The process involves accessing the BAB token section within the Binance app, connecting a compatible wallet (such as Trust Wallet or Binance Wallet), and following the on-screen instructions to complete the minting process.
Ecosystem Integration and Benefits:
The introduction of the BAB token has garnered attention from various projects within the BNB Chain ecosystem. Several decentralized applications (dApps) and platforms are integrating BAB tokens to enhance their user verification processes and offer exclusive benefits to token holders. For instance, certain projects may grant BAB token holders access to special features, airdrops, or participation rights in governance decisions.
By adopting the BAB token, Binance aims to foster a more secure and personalized Web3 experience, enabling users to establish a verifiable digital identity and participate more actively within the decentralized ecosystem.
🆕😍BABT Binance Token 😀
What is the use of babt tokens?
Binance Account Bound (BAB) tokens are the credentials of Binance users that have passed KYC. Since it is a type of Soulbound Token (SBT), it has three key properties: it is non-transferable, it cannot be transferred from one address to another, and it is revocable. #babt
What is the use of babt tokens?
Binance Account Bound (BAB) tokens are the credentials of Binance users that have passed KYC. Since it is a type of Soulbound Token (SBT), it has three key properties: it is non-transferable, it cannot be transferred from one address to another, and it is revocable. #babt
لقد إشتركت رمز #BABT الخاص بي بينانس ب 1$ وأدخلته إلا محفضة بينانس
لاكن لا يمكنني إجاده في المحفضة؟؟
لاكن لا يمكنني إجاده في المحفضة؟؟
Adventure on binance
After long period of time I joined binance, first thing I felt is regret because I joined late but still there's #itsStillEarly for crypto they because crypto market is so huge a we can access from a phone or PC everywhere.
As I joined I received many gifts for free instead of using them I spent them for nothing.
You shouldn't do that .
Secondly after wandering I finally made my deposit because it was fun to watch fogures going up and down and I just wanted to trade
I brought #BABT token couldn't understand what's that so I revoked and paid extra dollar for revoking
Than I started #convert and #futuresmanaged to get 5 dollars again earned more than $10 .
But greed is so bad I Lost all
You shouldn't do that either.
Now I'll learn and learn and start it again step by step with calm mind
Because #itsStillEarly for crypto 😍
As I joined I received many gifts for free instead of using them I spent them for nothing.
You shouldn't do that .
Secondly after wandering I finally made my deposit because it was fun to watch fogures going up and down and I just wanted to trade
I brought #BABT token couldn't understand what's that so I revoked and paid extra dollar for revoking
Than I started #convert and #futuresmanaged to get 5 dollars again earned more than $10 .
But greed is so bad I Lost all
You shouldn't do that either.
Now I'll learn and learn and start it again step by step with calm mind
Because #itsStillEarly for crypto 😍
#writetoearn https://www.binance.com/support/announcement/binance-to-launch-binance-account-bound-bab-token-the-first-ever-soulbound-token-on-bnb-chain-0fe1e7c8781844e29f56cb674231dfd7?ref=CPA_00CJLCTYDH&utm_medium=web_share_copy&utm_source=new_share All About #BABT
$BTC
$BTC
#BABT Binance
I'm buying a BABT Binance ACCOUNT Bound Token . anyone can Buy this token so comment price is 1usdt
I'm buying a BABT Binance ACCOUNT Bound Token . anyone can Buy this token so comment price is 1usdt
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Alguien aqui sabe para que sirve el token babt de binance, hace un tiempo atrás pagamos por él y hasta ahora no veo ninguna utilidad.
#babt
Alguien aqui sabe para que sirve el token babt de binance, hace un tiempo atrás pagamos por él y hasta ahora no veo ninguna utilidad.
#babt
para que sirve el BABT? que utilidad tiene? tiene valor?
#BABT
#BitcoinHashRateSurge
#Binance250Million
#BABT
#BitcoinHashRateSurge
#Binance250Million
Hey anyone holds this binance BAB TOKEN?
do it give me any benifits?
@Binance Square Official
#BinanceTurns7 #WeAreAllSatoshi
#babt #token #NFTs
do it give me any benifits?
@Binance Square Official
#BinanceTurns7 #WeAreAllSatoshi
#babt #token #NFTs
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