About BAB tokens
![Binance launches Binance Account Bound (BAB) token](https://wikibinance.com/wp-content/uploads/2022/09/Binance-launches-Binance-Account-Bound-BAB-token-e1662635953874.jpg)
Features of the BAB tokens
- Non-transferable: Users cannot transfer BAB tokens to other users.
- Revocable: Users can revoke their BAB tokens.
- Unique: One verified Binance user ID allows the user to mint one BAB token only on a certain chain.
![BAB is a soul-bound token for Binance users who have completed KYC verification](https://wikibinance.com/wp-content/uploads/2022/09/BAB-is-a-soul-bound-token-for-Binance-users-who-have-completed-KYC-verification-1.png)
Note
- All Binance users who have completed KYC verification will be able to mint their unique BAB tokens.
- 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.