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#SoftStaking How does it work?
Basically, by depositing or purchasing cryptocurrencies on a platform that offers soft staking, such as Binance, you are participating in the proof of stake (PoS) mechanism of the underlying blockchain network. The platform allows you to earn daily staking rewards without the need to take any additional action, such as locking your funds or participating in block validation.
Basically, by depositing or purchasing cryptocurrencies on a platform that offers soft staking, such as Binance, you are participating in the proof of stake (PoS) mechanism of the underlying blockchain network. The platform allows you to earn daily staking rewards without the need to take any additional action, such as locking your funds or participating in block validation.
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