#SoftStacking #What is Soft Staking? How to activate it, benefits, and personal experience.

1. What is Soft Staking on Binance?

It is a form of staking that does not require locking tokens, allowing you to still trade or withdraw at any time while still receiving automatic daily staking rewards.

Just keep the qualifying tokens in your Spot wallet, and you can earn interest without needing to deposit into Earn as before.

Launched on June 18th, currently supports 10 tokens: SOL, ADA, POL, BNB, SUI, S, NEAR, TON, ALGO, AXS.

Details: https://binance.com/en/support/announcement/detail/55405074fb084650a164b6601314d065

2. How to activate Soft Staking on Binance:

On the Website:

Go to the [Earn] section, select [Simple Earn], then click on [Soft Staking].

Click [Activate].

Read and agree to the terms, then click [Start Earning].

Activate here: https://binance.com/en/earn/soft-staking

On the Binance App:

Tap [More] on the app's home page.

Go to [Earn] > [Soft Staking].

Click [Activate].

Read and agree to the terms, then click [Start Earning].

3. Benefits of Soft Staking on Binance.

No need to lock assets: Freedom to withdraw/trade at any time.

Receive automatic daily interest.

Maintain flexible liquidity, no worries about being stuck with capital.

Easy to use, no complicated operations required.

Safe and reliable, supported by Binance.

4. Personal experience.

I like Soft Staking because I am not stuck with capital and still receive steady interest.

Tip:

Enable both Auto-Subscribe and Soft Staking, then go to settings to turn off Auto-Subscribe for the tokens you want to keep in the Spot wallet to receive interest from Soft Staking instead of being transferred to Earn.

#SoftStaking