Brothers, hurry up and activate Hold Coin for Interest, it does not affect normal trading and provides an extra source of income! This new feature from Binance is simply amazing!
1. What is Binance Hold Coin for Interest?
Binance Hold Coin for Interest ( #SoftStaking ) is a zero-threshold wealth management service launched by Binance, allowing users to directly hold specified tokens in their spot accounts and automatically earn staking rewards.
2. Activation process for Hold Coin for Interest (Step-by-step Guide)
Step 1: Enter the wealth management page
- Open the Binance App homepage → Click 'More' → Select 'Wealth Management' section. (Refer to the screenshot: Homepage → Wealth Management Entry)
Step 2: Select 'Hold Coin for Interest'
- On the wealth management page → Find 'Soft Staking' (Hold Coin for Interest) and click to enter.
(Note: This feature is located under the 'Wealth Management' section)
Step 3: Activate the feature
- Enter the Hold Coin for Interest page → Click the 'Activate' button.
(Key note: After activation, assets will be transferred to the spot account, but trading or withdrawal can still be done at any time)
Step 4: View earnings
- After successful activation, the system automatically calculates earnings.
Supported tokens and earnings
- Token range: Limited to specified cryptocurrencies (such as BNB, SOL, ADA, SUI, NEAR, S, TON, etc. in the screenshot).
- Source of earnings: Generated based on the blockchain's Proof of Stake (PoS) mechanism, rewards are distributed in the native form of the tokens.
- Yield: Displayed as Annual Percentage Rate (APR) (e.g., 2%), it is an estimated value and fluctuates daily.
💡 Summary in one sentence: Hold Coin for Interest is a 'hold coins to earn interest' service provided by Binance for spot users, balancing flexibility and automated earnings, suitable for investors who hold mainstream tokens for the long term.
