Binance has launched a very practical feature similar to "Yu'e Bao" - Holding Coins for Interest
Holding Coins for Interest (Soft Staking) is a cryptocurrency financial product that allows users to automatically earn staking rewards while holding specific tokens (such as BNB, SOL, ADA, etc.) in their spot accounts. There is no need to lock assets, and users can trade or withdraw tokens at any time. The rewards typically come from on-chain staking mechanisms and are distributed to the account daily or periodically in the same token form.
In simple terms, it means holding specific tokens in your spot account without affecting your normal spot trading, giving you some additional interest income.
Therefore, aside from clicking to activate this feature, users do not need to do anything else; the tokens in the spot account will continuously generate interest, and there is no need to redeem them when you want to trade.
It basically feels similar to how Alipay automatically keeps funds in Yu'e Bao to give you some interest income.
Activation method:
Home more - Financial Management - Holding Coins for Interest
Then just activate it
