#SoftStaking Today I will talk about Binance's token holding interest.
1. What is token holding interest? As the name suggests, it means that by holding tokens, you can earn interest without the need to manually purchase financial products, just like keeping money in a bank savings account—just deposit it and you will earn returns.
2. How do you activate this feature? On the Binance exchange homepage, directly click on the three horizontal lines in the upper left corner ---> click on more services below -----> click on search more services at the top ------> search for token holding interest -----> click to activate -------> start earning returns. At this point, the token holding interest feature has been successfully activated, and you will see returns tomorrow if you have tokens in your wallet.
3. Now let’s talk about the benefits of token holding interest. What are the benefits? This is self-explanatory. Just by holding tokens, you earn interest. The whole point of putting money aside is to make it grow, so having an extra source of income is definitely a benefit.
Finally, let me share my user experience. Previously, the interest-earning products required manual purchase, and redeeming them was a bit of a hassle, even though redemption was quick, it still required manual operation. Token holding interest is much more convenient; you can deposit and withdraw anytime and use it as you wish, making it very user-friendly.
This is my understanding and experience with token holding interest, and I hope it helps you.
$NXPC