Binance has launched a new feature called Soft Staking. It’s an easy way to earn rewards on your crypto without locking your tokens. Now you can earn daily rewards from your Spot Wallet while keeping full control of your funds. You can still trade, withdraw, or use your crypto anytime.
What is Soft Staking?
Soft Staking lets you earn rewards on certain tokens just by holding them in your Spot Wallet. There is no need to lock your crypto. Rewards are calculated daily based on how much of the supported tokens you hold on average.
How to Start Soft Staking:
On Binance Website:
Go to Earn > Simple Earn > Soft Staking
Click Activate
Agree to the terms and start earning
On Binance App:
Tap More on the home screen
Select Earn > Soft Staking
Click Activate and agree to the terms
Which Tokens Are Supported?
Some of the tokens you can earn rewards on include:
$BNB , $SOL , $ADA , #SUI , #TON , #NEAR , #POL , ALGO, S, and AXS.
Make sure you have the minimum amount required for each token.
Why Use Soft Staking?
I have tried Soft Staking on multiple tokens. It’s easy, rewards come daily, and my funds stay flexible. If you are holding crypto on Binance and not using Soft Staking, you are missing free rewards.
Activate it today and let your crypto grow while you keep control.