#SoftStaking 40 billion USD? 5000 yuan salary? Imagine, there is a giant whale that deposits 80,000 Bitcoins into Binance's Soft Staking all at once. At the current market price, this asset is worth over 4 billion USD, steadily enjoying the benefits. Meanwhile, an ordinary person may work hard every month, earning a salary of 5000 yuan, barely making ends meet.
✅ What is Binance's Soft Staking?
Binance's Soft Staking is a service that allows users to earn blockchain staking rewards without the need for locking assets. Users only need to keep supported cryptocurrencies in their Binance account, without any extra operations, and the system automatically distributes daily earnings based on their holdings.
In simple terms, as long as you hold certain supported cryptocurrencies in your Binance wallet, you can receive additional staking rewards every day. The cryptocurrencies can still be traded and transferred, and funds will not be locked, balancing flexibility and profitability.
✅ Difference between Soft Staking and Traditional Staking
Compared to traditional Staking, Soft Staking is more flexible. Traditional staking usually requires you to lock your assets on the platform for a certain period, during which you cannot trade or withdraw. On the other hand, Soft Staking has no locking restrictions; the coins can be used anytime, and liquidity is fully retained.
Moreover, Soft Staking does not require users to participate manually; all operations are completed automatically by Binance's backend, saving users from complicated technical details, making it suitable for ordinary users who are not familiar with on-chain operations.
Earnings come from Binance pooling user assets for staking to obtain block rewards, which are then proportionally returned to users. Typically, settlements occur once daily, and earnings are directly credited to users' spot accounts. The yield will fluctuate based on network and market conditions, and Binance provides a rough annualized yield reference.
Soft Staking is a simple, worry-free, and flexible way to manage crypto assets. You don’t need to lock your assets or take action; as long as you hold supported cryptocurrencies, you can enjoy daily staking rewards, making it very suitable for users who want to hold assets long-term while keeping them 'active.'