Posts

Binance (BABT) NFT TOKEN

avatar of @alinoor0008
25
@alinoor0008
·
0 views
·
2 min read

HEY ASALAM O ALAIKUM To ALL OF YOU

SO Today I am going to share a new announcement by "BINANCE EXCHANGE"

"Binance to Launch Binance Account Bound (BAB) Token, the First-Ever Soulbound Token on BNB Chain"

This token will be like a NFT

Each person who has a Verified Binance Account can Claim a Token

The Promotion Time Is As Below

About BAB Tokens: {Binance Account Bound (BAB) tokens are identity credentials for Binance users who completed KYC verification. It will first be issued on the BNB Chain by Binance. A couple of projects on BNB Chain will be introducing the BAB tokens as identity credentials to their communities. Once a verified Binance user creates a BAB token, the user will be able to participate in building the supporting projects on the chain and receive rewards. Details will be announced by BNB Chain at a later date.}

Note: *All Binance users who have completed KYC verification will be able to mint their unique BAB tokens. *If you have not yet downloaded the Binance App, please click here to do so. *Gas fee applies whilst minting BAB tokens, which will be deducted from the user's Funding or Spot Wallet on Binance. The initial gas fee is fixed at 1 BUSD. *Users may revoke their minted BAB tokens, after which there will be a 72-hour lock period. Users may mint new BAB tokens after the lock period. *BAB tokens will be displayed on users’ on-chain wallet addresses.

Now How to Mint Binance Account Bound (BAB) Token

To start u have to know about (BAB) Token first

Binance users who have completed Identity Verification can mint their BAB directly on their wallets. Let’s see how to mint BAB on Binance.

1- You have to Login to your binance wallet if u dont have a wallet yet what u are waiting for join it by here

https://www.binance.info/en/activity/referral-entry/CPA?fromActivityPage=true&ref=CPA_0098TJ0ZK6

Now As You have a account now go in profile section and turn on the professional Mode

Now tap [More] on the homepage.

Scroll down to [Gift & Campaign] - [BAB Token].

You will see the list of requirements for minting your BAB token, including complete Identity Verification, connect a compatible wallet, and verify the wallet ownership.

If Your Account Is Verified It will be shown as below

As it seems verified now move on next step which is to connect a Defi wallet Or any 'BSC chain' wallet which support 'Wallet Connect' option Like Metamask , Trust wallet, Token pocket or Klever Wallet.

As Your Wallet is connected now move to 3rd step which is to "Sign The Contract"

At this point you will be charged a 1 Busd as fee For minting

Now as your (BAB) Token Is Minted You can view it at 'BSC SCAN'

After that it will take Some Time To Process

You will get Your "BINANCE ACCOUNT BOUND TOKEN" (BABT) Under 24 hours to your "DEFI WALLETS"

As i used Trust wallet i can show u that i got my token There.

So That's It For Today "HOPE YOU GUYS LOVED IT!

FOR MORE LIKE THIS CONTENT FOLLOW ME