The following is about Soft Staking and how to activate it on Binance:

Soft Staking

Soft Staking is a feature launched by Binance that allows users to earn daily rewards on eligible tokens without locking up assets or sacrificing access. Its features are as follows:

Flexible Assets: Tokens remain in the spot wallet and can be traded or withdrawn at any time, allowing users to fully control their assets.

One-Click Activation: The process is simple; just click once to enable it, and Binance will automatically include eligible tokens in its pool.

Earnings Calculation: Rewards are calculated based on the average daily balance of supported tokens in the spot wallet; the higher the balance (within limits), the more rewards are earned, but there are minimum holding requirements and maximum reward limits.

Steps to Activate Binance Soft Staking

Confirm Assets: Make sure you have eligible tokens in your Binance spot wallet. The tokens initially supported by Binance include BNB, SOL, ADA, SUI, TON, NEAR, POL, ALGO, S, and AXS, among others.

Access the Function Page: Open the Binance app or website, find the 'Finance' or related function section, and look for the 'Soft Staking' option.

Activate the Function: After clicking 'Soft Staking' to enter the page, the system will automatically detect eligible tokens in the spot wallet. Once confirmed, click the 'Activate' or 'Start' button to complete the activation. My experience is still very smooth. #SoftStaking