#BAB
A Binance Account Bound (BAB) token is a non-transferable, soulbound token (SBT) issued by Binance to users who have completed Know Your Customer (KYC) identity verification. It serves as a digital credential, verifying a user's identity on the Binance platform. BAB tokens are issued on the BNB Chain and can be viewed on any third-party wallet that supports NFTs.
Key Properties of BAB Tokens:
Non-transferable: BAB tokens cannot be transferred from one address to another.
Revocable: Binance can revoke a BAB token, and a user can mint a new one after a 72-hour waiting period.
Unique: One Binance UID can only be associated with one BAB token at a time on a single chain.
How to Obtain a BAB Token:
Complete the Know Your Customer (KYC) verification process on Binance.
Navigate to the BAB token section within the Binance platform (usually under "More" then "BABT" in the app).
Connect a compatible third-party wallet (e.g., MetaMask, Trust Wallet).
Follow the instructions to mint the BAB token to your chosen wallet address.
Use Cases and Third-Party Integration:
BAB tokens are intended to be used as a digital identity credential within the Binance ecosystem.
Third-party projects can choose to integrate BAB tokens into their own ecosystems, using them to verify user identity or grant access to specific features or services.
Binance does not endorse or recommend any specific third-party project that integrates BAB tokens.
Binance is not responsible for how third-party projects use BAB tokens.
