Binance is introducing the Binance Account Bound (BAB) tokens, the first Soulbound Token (SBT) created on the BNB Chain. $
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About Binance Account Bound
Binance users who complete KYC verification by September 8, 2022, at 09:00 (UTC) will receive a Soulbound Token, serving as proof of identity. This token can be used to mint $BAB tokens on the BNB Chain, participate in projects, and earn rewards. Details will be provided by BNB Chain at a later date. The token is non-transferable and holds no monetary value. It acts as digital identity credentials for KYC-verified Binance users, allowing developers and project owners to ensure engagement with verified individuals/entities behind wallet addresses.
Step-by-step guide
Have a verified Binance account. Log in to your Binance App. Follow the steps outlined by the Binance Guide to Mint your $BAB token.
Disclaimer: This content is for educational and informational purposes only and does not constitute financial advice. Conduct thorough research before making any deposit/investment decisions (DYOR).
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