SoftStaking is a method of cryptocurrency staking.
Binance launched the SoftStaking service, allowing users to participate in staking with one click through their spot accounts, supporting 10 types of tokens including BNB, SOL, and ADA. This service has no lock-in period, enabling users to trade or withdraw at any time, with rewards distributed daily to their spot accounts. KuCoin also previously launched a SoftStaking token rebate service, which, without affecting users' ability to withdraw, stores a portion of users' tokens in hot wallets to meet trading needs, while staking another portion on the token's mainnet to earn staking rewards that are distributed to users. #SoftStaking