I just turned on SoftStaking on #Binance.
Binance Soft Staking allows users to earn staking rewards automatically by simply holding supported tokens in their Spot Wallet. No action is required once you hold an eligible token, rewards are distributed periodically without locking your funds.
How to Activate It?
To activate soft staking, you must need to visit the soft staking page and click "activate".! Just hold supported staking assets like $SUI , $SOL , or $NEAR in your Binance Spot Wallet. Binance does the rest. You can view supported tokens and their estimated APY here:
๐ Binance Soft Staking Page:
https://www.binance.com/en/earn/soft-staking
Benefits Soft Staking:
As a long-time Binance user, You can earn rewards on tokens you already planning to hold for the long term. Thereโs no staking setup, no need to choose validators, and you can withdraw or trade anytime. Itโs staking made simple and user-friendly.
Soft Staking has become one of the best ways to generate passive income without giving up control of my assets. Itโs perfect for both beginners and pros.
Whether you're HODLing or just diversifying, Binance Soft Staking is an easy win. Start earning today by simply holding your tokens on Binance.