Binance has announced the launch of a new feature called soft staking, which is an innovative way for users to earn daily rewards from cryptocurrencies held in their spot accounts, without the need to lock assets or wait for maturity periods.

In this article, we will briefly explain what soft staking is, its advantages, supported currencies, and how to start using it in simple steps.

✅ What is soft staking?

It is a system that allows you to earn rewards from cryptocurrencies you hold in the spot account (Spot Wallet) through a proof of stake mechanism, without needing to transfer or lock the currencies.

Simply: Keep the currencies in your wallet, and earn automatically every day!

⚙️ How does soft staking work?

  • Rewards are calculated daily based on the average daily balance of eligible currencies in your spot account.

  • Prizes are distributed daily to the same account.

  • You can withdraw, trade, or sell at any time without losing rewards.

🪙 What are the supported currencies in soft staking?

Currently, the supported currencies include:

  • $BNB

  • $SOL

  • $ADA

  • $SUI

  • $TON

  • $NEAR

  • $POL

  • $ALGO

  • $S

  • $AXS

📌 Note: You must hold the minimum amount of eligible currency to receive rewards, and there is also a maximum limit for the eligible balance.

⭐ Features of soft staking

  • ✅ Full flexibility: No need for any lock periods or withdrawals.

  • ✅ Ease of use: Activation is done with just one click.

  • ✅ Daily rewards: Profits are automatically credited to your account every day.

  • ✅ Withdrawal and trading possible at any time.

  • ✅ Support for a large number of well-known currencies.

🚀 How to start using soft staking?

From the website:

  1. Go to [Earn] then [Simple Earn] then choose [Soft Staking].

  2. Click on the [Activate] button.

  3. Agree to the terms, then click [Start Earning].

From the Binance app:

  1. Open the app and click on [More].

  2. Select [Earn] then [Soft Staking].

  3. Click on [Activate], and start immediately.

⏱️ Profits start from the next day after activating the feature and are distributed daily between 00:00 and 08:00 (UTC).

🛑 Important notes:

  • This service may not be available in certain countries due to local policies.

  • Individuals from the United States and sanctioned countries are not eligible to use the service.

  • You must read the Binance Terms of Use and Risk Warning before starting.

🎯 Sign up now and start earning prizes!

📍 My registration link: https://binance.com/join?ref=ABOMALAK

📍 Invitation code: ABOMALAK

Start your journey to profit from cryptocurrencies without locking your funds or complications, and activate soft staking now with just one click! 🚀