Binance Coin Exceeds $1 Billion in Trading Volume Following BNB Network Upgrade
Binance Coin price has skyrocketed by 2.04%, trading at $295.28 as of press time.
Trading volumes have also surged over 1 billion in sync with the latest upgrades.
BAB is a token used to identify users of BNB that have successfully finalized KYC verification.
The launch of BAB was announced via a tweet.
The Binance Account Bond (BAB) token will allow users to present this as identity authentication and also for creating different projects and earning rewards on the platform.
The BAB token holds no data or utility other than to signify that the wallet holder has passed KYC checks through Binance.