What if the crypto sitting in your Binance Spot Account could do more than just sit there? What if it could earn you passive rewards, day after day, without you having to lock it up or sacrifice your ability to trade?
This isn’t a hypothetical scenario; it’s the core promise of Binance Soft Staking.
If you're a trader, HODLer, or anyone with eligible tokens in your Spot Account, this feature is designed for you. It’s a simple, powerful way to put your idle assets to work. Let's dive into what Soft Staking is, how it works, and how you can activate it in just a few taps.
What Exactly is Binance Soft Staking?
Think of Soft Staking as a rewards program for the crypto you already hold. It allows you to earn staking rewards on selected tokens simply by keeping them in your Spot Account.
The most important feature? Full flexibility.
Unlike traditional staking methods that might lock your funds for a set period, Soft Staking keeps your assets fully accessible. You can trade, withdraw, or use your tokens at any moment without forfeiting your ability to earn rewards. It’s the best of both worlds: the earning potential of staking combined with the complete freedom of a spot wallet.
How to Activate Soft Staking: A Step-by-Step Guide
Getting started is incredibly straightforward. Once you activate the feature, it automatically works for all eligible tokens in your Spot Account.
❍ On the Binance Website:
Log in to your Binance account.
Navigate to the [Earn] section and select [Simple Earn] -> [Soft Staking].
Click the [Activate] button.
Carefully read the Soft Staking Terms and associated Risk Warnings.
Click [Start Earning] to confirm.
❍ On the Binance App:
Log in to your account on the Binance App.
Tap [More] on the homepage.
Go to the [Earn] section and find [Soft Staking].
Tap the [Activate] toggle.
Read and agree to the terms, then tap [Start Earning].
As Of Now Only SOL, ADA ,POL, BNB, SUI, S, NEAR, TON, ALGO, AXS Are Live on Soft Staking.
That’s it. Once activated, you’re all set.
Understanding Your Rewards: What, How, and When
By participating, you earn rewards generated by the blockchain’s proof-of-stake mechanism. Here’s how it breaks down:
▨ What You Earn:
Rewards are typically paid out in the blockchain’s native token. You can see a full list of eligible tokens ( SOL, ADA ,POL, BNB, SUI, S, NEAR, TON, ALGO, AXS ) and their estimated yields on the Soft Staking page.
▨ How Rewards are Calculated:
The rewards are calculated based on the daily average balance of eligible tokens in your Spot Account. The system begins taking snapshots at 00:00 (UTC) the day after you activate the feature.
The formula is simple:
Daily Rewards = Your Soft Staked Amount * APR / 365
▨ When Rewards are Distributed:
Your first rewards will arrive in your Spot Account two days after you activate Soft Staking, typically between 00:00 and 08:00 (UTC). After that, rewards are distributed daily.
▨ Where to See Your Rewards:
You can track your earnings and the current APR on the Soft Staking page or view your complete reward history by going to the “Soft Staking” section in your [Staking History].