#SoftStaking is a way to earn rewards for holding cryptocurrencies on a platform (like Binance or KuCoin), without the need to lock them. Unlike traditional staking, in soft staking your funds remain liquid, meaning you can withdraw or use them at any time.
It is activated automatically when you have eligible crypto in your spot account, although on some exchanges you must accept the terms.
Its benefits include daily passive rewards, total flexibility, and no waiting times to withdraw. It is ideal for users who want returns without compromising liquidity. It does not apply to all coins; check if your crypto is compatible.
My experience with this method is one as it generated extra money not is assets.