Registration Portal on Tokensoft is LIVE!
This is a step-by-step guide on how to get started, verify yourself and secure your spot for the future event for RED Presale.
Hello everyone! 👋
The time is finally here and the registration portal for RED Presale is finally open and live on Tokensoft. No worries if you’re new to this — we’ll walk you through it.
The private sale is ending this week, so if you still want to acquire RED at 60% discount make sure you do so here).
Why RED?
Remember how we discussed making cross-border payments faster, cheaper, and more secure? Bringing banks on chain through a regulation-friendly infrastructure platform? While BAX secures ReDeFi L1, the main blockchain infrastructure of our ecosystem, RED is the native utility token that powers the ReDeFi L2 sidechain.
Follow this guide to REGISTER for the RED Presale (remember, this is not the actual distribution event)
Step 1: Getting Started
First, fire up your browser and navigate to the RED presale page on Tokensoft. This is the ONLY official link:
Step 2: Connect your Wallet
You’ll need to connect your self-custody wallet. Click on the ‘’Connect Wallet’’ button above and select your preferred wallet.
Step 3: Verify your Account
After connecting your wallet, you’d need to sign a message to verify that the wallet is actually yours. That’s an extra security measure, it doesn’t interact with any on-chain activities.
Step 4: Registration Portal Description Page
Upon successfully following all previous steps, you‘d be greeted with the actual description of the registration page. Here, you can see all the important information about the Presale itself and the ReDeFi protocol.
Start scrolling to the bottom of the page now and follow the next steps in this guide.
Step 5: Eligibility Criteria
This is standard procedure on the Tokensoft.io platform. Since BABB ReDeFi and Tokensoft adhere to current regulations and policies per their respective jurisdictions, this is an essential step to participate.
Don’t let this jargon scare you though. It’s just a standard check to make sure everything’s legit, so everyone participating is protected.
Step 6: Identity Verification (KYC)
Upon providing the basic information from the previous step, you’ll need to verify your identity with some documents (passport, driver’s license, etc.). Think of it as your VIP pass to the presale.
The process usually takes 2–3 minutes unless the team needs to verify someone manually (no longer than 24 hours).
Step 7: Congratulations!
You’re now officially part of the RED Presale.
Kick back, relax, and wait for our announcement on when the actual Presale event will start.
About ReDeFi
ReDeFi is a Financial Infrastructure Platform (FMI) merging TradFi and DeFi. It uses a Substrate Layer-1 blockchain for decentralisation, while the Layer-2 sidechain focuses on privacy for B2B cross-border transactions, banks and financial institutions clients and so much more. The MVP is Onchain Money, a tokenised deposit system that mirrors fiat currencies in traditional bank accounts on-chain, enabling transactions using standard bank details.
All Official Links:
https://linktr.ee/redefi_world
https://linktr.ee/getbabb
Risk Disclaimer:
Don’t invest in cryptocurrencies unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
