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Binance Launches New Binance Account Bound (BAB) Token Standar | CryptoJournal

Binance Launches New Binance Account Bound (BAB) Token Standard

BAB will be used as proof of user verification.

Soulbound tokens:

- cannot be sent/sold
- cannot be canceled
- each token is unique (like NFT) and tied to your Trustwallet/Metamask wallet.

Now everyone who passed KYC on Binance can mint BAB token for $1. To do this, you need to download the Binance app and follow the link.

So far, this value is 0, but maybe the exchange will distribute airdrops in the future to the wallets on which you hold BAB