The Binance Exchange is a widely-used platform for trading various cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Binance Coin (BNB).
The Binance Account Bound (BAB) tokens are unique Soulbound Tokens (SBT) developed on the BNB Chain. They cannot be transferred and do not hold any financial value. BAB tokens serve as a digital verification mechanism for Binance members who have completed the identity verification process.
Holders of BAB tokens can take part in various BNB chain projects and obtain incentives.
Step by step guide
1
Register on Binance’s Website
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2
Complete KYC verification
3
Log in to your Binance App and tap [More] on the homepage. Scroll down to [Gift & Campaign] – [BAB Token]
4
Connect a compatible wallet and mint your BAB token as described here.
5
Current rewards for BAB token holders:
Activity 1: Free ApeSwap x Binance NFT
– Visit the ApeSwap raffle page
– Connect your wallet and mint the NFT
– Now you’re eligible to win a Non-Fungible Banana NFT
Activity 2: Lifeform 1,000 Avatars Free Mint + Raffle
– Visit the Lifeform website
– BAB token holders are eligible to mint free LBT (LifeBound token)
– BAB token holders will also become eligible to participate in a daily raffle starting from October 13th — October 23rd to win a Lifeform x Binance Accessories NFT. (100 NFT per daily raffle)
– The official announcement can be found here.
