softstsking

#softstsking very nice 👍👍

Here's an original post for Binance Square about #softstsking taking:
Discovering the passive income potential with #SoftStaking_ tStaking on Binance! If you're holding idle funds in your spot wallet, Soft Staking automatically puts them to work for you, earning daily rewards without needing to lock up assets or subscribe manually. It's incredibly simple to activate – just ensure your funds are in your spot wallet, and you're often earning by default on eligible assets! The biggest benefit? Complete flexibility! You can trade or withdraw your assets anytime without waiting for unlock periods. I've personally found it a fantastic, low-effort way to maximize my holdings, seeing my crypto grow even when I'm not actively trading. It’s a true set-it-and-forget-it solution for passive gains.

#softstsking , Earnings on Binance Earn vary depending on the type of investment and the cryptocurrency you choose. Some options offer daily earnings, while others require locking your cryptocurrencies for a specified period.

*Types of earnings on Binance Earn*

- *Flexible Savings*: Earn daily profits without locking your cryptocurrencies. You can deposit and withdraw at any time.
- *Locked Savings*: Earn higher interest by locking your cryptocurrencies for a specified period (7-90 days).
- *Locked Staking*: Invest in cryptocurrencies with the Proof of Stake (PoS) protocol and earn rewards by locking your cryptocurrencies for at least 15 days.
- *DeFi Staking*: Lend your cryptocurrencies on platforms like Kava Lend, Venus, and Maker to earn interest.
- *BNB Vault*: Optimize your earnings with Flexible Savings, DeFi Staking, and Launchpad using Binance Coin (BNB).

*Why add lower-value tokens to Simple Earn?*

Adding lower-value tokens to Simple Earn can be advisable due to their growth potential. Some lower-value tokens may offer greater rewards and have a higher potential for value increase compared to more established tokens.

Some examples of lower-value tokens that could be considered are¹ ² ³:
- *Arkham (ARKM)*: Currently trading at $0.49 with a 6.28% increase in its value.
- *Pendle (PENDLE)*: Trading at $3.72 with a 7.17% increase in its value.
- *Binance Staked SOL (BNSOL)*: Trading at $166.70 with a 2.27% increase in its value.

Remember to research and carefully evaluate any investment before making a decision. Market volatility and the risks associated with cryptocurrencies can affect your investments.
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#softstsking , Passive staking on Binance Earn is a way to generate passive earnings with your cryptocurrencies without the need to constantly monitor the market. Binance Earn offers several options for staking, including¹:
- *Flexible Savings*: You can deposit and withdraw your cryptocurrencies at any time, and you will receive daily rewards in the form of new coins.
- *Locked Savings*: You must keep your cryptocurrencies locked for a specified period (7-90 days) to receive rewards.
- *Locked Staking*: Similar to Locked Savings, but requires a minimum period of 15 days and is ideal for cryptocurrencies that operate under the Proof of Stake (PoS) protocol.
- *DeFi Staking*: You can lend your cryptocurrencies on the Binance Smart Chain (BSC) or on platforms like Kava Lend, Venus, and Maker.
- *BNB Vault*: A feature that optimizes earnings from Flexible Savings, DeFi Staking, and Launchpad, but is only compatible with Binance Coin (BNB).

Some of the cryptocurrencies available for staking on Binance Earn include:
- *Bitcoin (BTC)*: Available for Flexible Savings and Locked Savings.
- *Ethereum (ETH)*: You can stake ETH 2.0 until the second version of its protocol is launched.
- *Binance Coin (BNB)*: Available for Locked Staking, DeFi Staking, and BNB Vault.
- *Stablecoins*: Tether (USDT), Binance USD (BUSD), and USD Coin (USDC) are available for Flexible and Locked Savings, and DeFi Staking.

To start passive staking on Binance Earn, you must:
1. Create an account on Binance.
2. Buy cryptocurrencies.
3. Enter the Binance Earn section.
4. Select the staking option you prefer.
5. Transfer your cryptocurrencies to the selected financial product.

Remember that Binance Earn offers more than 60 cryptocurrencies available for staking, but it is important to review the conditions and risks associated with each one before investing.

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