Do you have questions about #SoftStaking ? 🙄
📌 Frequently asked questions about Soft Staking on Binance.
🔸 Which wallet should I keep the tokens in?
The assets must be in your spot wallet within Binance. There is no need to transfer them to another section or lock them.
🔸 Are there any associated fees?
No. Participating in Soft Staking has no additional fees. Rewards are automatically calculated based on the eligible balance.
🔸 What happens if I activate Soft Staking but do not meet the required minimum?
In that case, no rewards will be generated. You can continue to hold the tokens in the wallet, but you will not receive staking until you reach the minimum amount.
🔸 Can I deactivate it whenever I want?
Yes, Soft Staking is flexible. You can deactivate it at any time from the same section where you activated it.
🔸 What risks are involved?
In general, it is low risk, but there is always the risk associated with the market value of the token. If the price falls, your capital may be affected, even if the staking remains active.
📲 Activate Soft Staking from the Binance app or website in just a few steps. Ideal for generating passive income without locking your assets.