BABT
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#BABT I created this token 2 years ago but now how do I use it?? I urgently need someone to tell me how and where to use this token... #BinanceAlphaAlert $BNB
🆕😍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
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In Binance, BABT stands for Binance Account Bound Token.
It is a type of "Soulbound Token" (SBT), a concept proposed by Vitalik Buterin (co-founder of Ethereum). Key features:
* Proof of Identity (KYC): The main function of the BABT is to serve as proof that a Binance user has completed identity verification (KYC - Know Your Customer). It is a way to link your verified Binance identity with a wallet address on the blockchain.
* Non-transferable: Unlike other tokens or cryptocurrencies, the BABT cannot be transferred from one address to another nor sold.
* No monetary value: The BABT has no intrinsic monetary value. You cannot trade it or use it as currency.
* Revocable: You can revoke (cancel) your BABT from your Binance account. If you do so, there is a waiting period (usually 72 hours) before you can mint a new one. This is useful if you lose access to your wallet.
* Uniqueness: A single Binance user ID (UID) can only have one BABT token at a time on a chain.
What is the purpose of the BABT? With no monetary value, it is an important tool in the Web3 ecosystem, for projects looking to verify users' identities without directly revealing personal data. Its utilities include:
* Identification in Web3: Acts as a digital credential on the blockchain
* Participation in projects: Some projects on BNB Chain (Binance's blockchain) may use the BABT as a requirement to access certain functionalities, participate in events, receive airdrops, or obtain exclusive rewards for verified users.
* Enhanced security and transparency: By linking KYC identity with an on-chain address, it helps improve transparency and combat illicit activities in the crypto space.
In summary, the BABT is a non-transferable token that demonstrates that you have completed the identity verification process on Binance, opening doors to different opportunities and functions in the Web3 world.
#BABT #AprendeConBinance #kyc
It is a type of "Soulbound Token" (SBT), a concept proposed by Vitalik Buterin (co-founder of Ethereum). Key features:
* Proof of Identity (KYC): The main function of the BABT is to serve as proof that a Binance user has completed identity verification (KYC - Know Your Customer). It is a way to link your verified Binance identity with a wallet address on the blockchain.
* Non-transferable: Unlike other tokens or cryptocurrencies, the BABT cannot be transferred from one address to another nor sold.
* No monetary value: The BABT has no intrinsic monetary value. You cannot trade it or use it as currency.
* Revocable: You can revoke (cancel) your BABT from your Binance account. If you do so, there is a waiting period (usually 72 hours) before you can mint a new one. This is useful if you lose access to your wallet.
* Uniqueness: A single Binance user ID (UID) can only have one BABT token at a time on a chain.
What is the purpose of the BABT? With no monetary value, it is an important tool in the Web3 ecosystem, for projects looking to verify users' identities without directly revealing personal data. Its utilities include:
* Identification in Web3: Acts as a digital credential on the blockchain
* Participation in projects: Some projects on BNB Chain (Binance's blockchain) may use the BABT as a requirement to access certain functionalities, participate in events, receive airdrops, or obtain exclusive rewards for verified users.
* Enhanced security and transparency: By linking KYC identity with an on-chain address, it helps improve transparency and combat illicit activities in the crypto space.
In summary, the BABT is a non-transferable token that demonstrates that you have completed the identity verification process on Binance, opening doors to different opportunities and functions in the Web3 world.
#BABT #AprendeConBinance #kyc
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 $10 .
But greed is so bad I Lost all
You shouldn't do that either.
Now I'll learn and learn and start it again step by step with calm mind
Because #itsStillEarly for crypto 😍
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I subscribed my Binance code #BABT to 1$ and entered it into Binance wallet but I can't find it in wallet??
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We are not done with BSC yet! Let's go, B young generals!!!
Don't go to SOL P, stay on BSC b
The community #BAB is about to take off soon
After several rounds of zeroing, we are still here
I believe $BAB will completely take off
It was hinted by CZ yesterday
Build and Build = BAB
Participating in Binance #BABT not only allows you to get back the minting fee
But also token airdrops! All covered by the community!
Note: See the comments section for CA and participation methods
#meme板块关注热点
Don't go to SOL P, stay on BSC b
The community #BAB is about to take off soon
After several rounds of zeroing, we are still here
I believe $BAB will completely take off
It was hinted by CZ yesterday
Build and Build = BAB
Participating in Binance #BABT not only allows you to get back the minting fee
But also token airdrops! All covered by the community!
Note: See the comments section for CA and participation methods
#meme板块关注热点
#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
#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.
can someone tell me what's this where can use this . it's asking for a dollar
#BABT
#BinanceAlphaAlert
#BABT
#BinanceAlphaAlert
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Hello, I bought this $BABT #BABT and I don’t know what it means and what its benefit is.
Does anyone know what the benefit is? I bought it for 1 dollar and my money is gone for nothing.
Does anyone know what the benefit is? I bought it for 1 dollar and my money is gone for nothing.
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a
Does anyone here know what the binance babt token is for? We paid for it a while ago and so far I don't see any use for it.
#babt
Does anyone here know what the binance babt token is for? We paid for it a while ago and so far I don't see any use for it.
#babt
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