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What does the bind plug do and where does it go
The bind plug will plug into the receiver so you can bind your transmitter to this receiver, once it's bound you remove the bind plug and keep it just in case you ever need to rebind it again.
What is the chip with the plastic piece on a wire for and where does it go
The plug with the wire loop is the bind plug, the tube is just the antenna tube for your antenna that's on the receiver.