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#SoftStaking
Soft Staking is a user-friendly and flexible method of earning passive income on your crypto holdings without locking them up. It's commonly offered by centralized exchanges (like Binance, KuCoin, and others), and here’s a breakdown of how it works:
Key Features of Soft Staking:
✅ No Lock-Up Period
You can deposit and withdraw your staked assets at any time — unlike traditional (or "hard") staking that requires fixed lock-up periods.
✅ Daily or Periodic Rewards
Soft staking usually distributes rewards daily or periodically, depending on the exchange and asset.
✅ Exchange-Managed
Your assets stay on the exchange platform, which handles the validator operations for you — no need to run your own node.
✅ Supports Multiple Coins
Commonly supported coins include ATOM, XTZ, NEO, TRX, and more, depending on the platform.
#SoftStaking
