Where is Binance SBT after I claim it?

For many users, the first Soul Bound Token (SBT) is likely to be Binance’s BAB.

Binance officially launched the soul-bound token based on the BNB chain - Binance Account Bound (BAB) on September 8. All users who have completed Binance KYC certification can receive it.

After Binance issued BAB, multiple Web3 projects on the BNB chain announced rewards for BAB holders.

For example, ApeSwap will mint NFTs for BAB holders for free in September, and ApeSwap BAB NFT holders will automatically participate in daily draws in October. Apollox: will provide an exclusive reward program for BAB holders. PearDAO: Obtain the project's GameFi tokens: provide special voting rights to enhance DAO governance in the PearDAO ecosystem. Galxe: BAB token holders will be added to the project's credential database as a countermeasure against Sybil attacks.

However, some users reported that after receiving BAB in the Binance App, they didn’t know where their BAB was?

BAB supports three wallets

Binance Bound Account (BAB) tokens are the first Soul Tokens (SBT) built on the BNB Chain. BAB tokens cannot be transferred and have no monetary value. Binance users who have completed identity verification can use it as a digital verification tool. Binance users who have completed identity verification can mint BAB directly in their wallets.

According to the Binance Bound Account (BAB) token minting instructions, BAB associated wallets support three types of wallets: Binance DeFi Wallet, Trust Wallet, and third-party WalletConnect wallet.

I believe that many users directly choose to mint BAB in the DeFi wallet embedded in the Binance App. There is no need to elaborate on the BAB in Trust Wallet and the third-party WalletConnect wallet. This article only focuses on the BAB in the Binance App .

Binance DeFi Wallet

On March 25, 2022, Binance announced that it would embed the first DeFi project PancakeSwap mini program in its mobile client. The Binance DeFi wallet was also launched at the same time as the PancakeSwap mini program.

According to Binance's official information, Binance DeFi Wallet is a non-custodial decentralized Web3 wallet in the Binance mobile application. Users can access the wallet's applet in the latest version of Binance Mobile and directly create DeFi wallets, deposit and withdraw funds, and use decentralized applications such as PancakeSwap. Binance DeFi Wallet aims to simplify the registration and fund transfer process for new users, allowing users to seamlessly switch between the Binance platform and DeFi projects.

In other words, the Binance App has directly integrated a decentralized wallet. You can directly create a BNB on-chain wallet in the DeFi wallet under [Funds] [Overview].

If you have minted BAB through the Binance DeFi wallet, open the [DeFi Wallet] in the picture above to see your BAB tokens.

On the DeFi wallet page above, you can view your wallet address and private key . If you want to participate in the rewards activities of other Web3 projects of BNB Chain, you can import your wallet into Metamask or link it through WalletConnect.