#SoftStaking
The term Soft Staking is used in the world of cryptocurrencies and refers to a type of earning rewards on digital currencies without the need to lock or freeze them for a long period, as is the case with traditional Hard Staking.
Here’s a simplified explanation:
---
✅ What is Soft Staking?
It is the process of holding your digital currencies in a wallet or platform that supports soft staking, and earning profits or rewards in return, without losing control over your assets or having to lock them.
---
🧾 Key Features:
High Flexibility: You can withdraw or trade the currencies at any time.
No Locking of Funds: Unlike regular staking, the currencies are not frozen.
Relatively Lower Yield: Because it is more flexible, the rewards are often less than Hard Staking.
---
📍 Examples of Platforms Offering Soft Staking:
Binance
KuCoin
Kraken (some assets)
Trust Wallet (for some currencies)
---
📌 The Difference Between Soft Staking and Hard Staking:
| Feature | Soft Staking | Hard Staking