WHAT IS BAB TOKEN! BINANCE ACCOUNT BOUND TOKEN!!!
I am holding one! DO you?
MINTING COST JUST 1 USD!
READ IT HERE!
Binance Account Bound (BAB) tokens are the credentials of Binance users who 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.
It is revocable. It can be revoked by the issuers.
A UID can only have one BAB token at a time and in a string.
Here are some of the things you can do with your BAB token:
Verify your identity in decentralized applications (dApps). Many dApps require users to have a verified identity to use their services. BAB tokens can be used to verify your identity on these dApps.
Access exclusive features and benefits. Some dApps and services offer exclusive features and benefits to users who hold BAB tokens.
Participate in airdrops and other promotions. BAB tokens are often used as rewards for participating in airdrops and other promotions.
To mint a BAB token, you will need to have a Binance account and a compatible wallet. You can then follow these steps:
Log in to your Binance account.
Go to the "More" tab and select "BAB Token".
Click on the "Mint" button.
Select your wallet and sign the transaction.
Once you have minted your BAB token, you will be able to see it in your wallet. You can then use it to verify your identity on dApps, access exclusive features and benefits, and participate in airdrops and other promotions.
Here are some of the things you cannot do with your BAB token:
Sell it or trade it. BAB tokens are non-transferable, so you cannot sell or trade them.
Use it to pay for goods or services. BAB tokens are not a form of currency, so you cannot use them to pay for goods or services.
Send it to another address. BAB tokens are not transferable, so you cannot send them to another address.
If you lose your BAB token, you will not be able to get it back. However, you can revoke your token and mint a new one. To revoke your token, you will need to contact Binance customer support
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