#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:

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✅ 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.

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🧾 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.

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📍 Examples of Platforms Offering Soft Staking:

Binance

KuCoin

Kraken (some assets)

Trust Wallet (for some currencies)

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📌 The Difference Between Soft Staking and Hard Staking:

| Feature | Soft Staking | Hard Staking