What is Soft Staking (Holding Coins for Interest) 💰
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Holding coins for interest is a mechanism to automatically earn rewards by holding specific cryptocurrencies (such as BNB, SOL, ADA, etc.) in the Binance spot wallet.
✅ No need to lock assets; users can trade or withdraw funds at any time;
✅ Rewards are generated through the blockchain's PoS (Proof of Stake) mechanism, calculated daily and distributed to the spot account.
How to activate holding coins for interest? 📝
Log in to your Binance account 📱: Ensure that identity verification is completed and that you hold cryptocurrencies that support holding coins for interest;
Hold supported tokens 💎: Hold tokens that meet the minimum requirements in the spot wallet (specifics can be checked on the Binance holding coins for interest page);
One-click activation ⚡: Visit the Binance Earn page, find the “Holding Coins for Interest” option, click to activate, and the system will automatically calculate rewards based on the daily average balance;
View earnings 📊: Daily reward records can be viewed on the “Holding Coins for Interest” page or in the “Staking History,” with earnings distributed in native tokens every day.
Benefits of holding coins for interest ✨
Flexibility 🔄: No need to lock assets; tokens remain in the spot wallet, allowing for trading, withdrawal, or other purposes at any time, suitable for users needing liquidity;
Passive income 💸: Earn daily rewards just by holding, with an APY (Annual Percentage Yield) that varies based on tokens and network conditions, typically ranging from 3-7% or higher (up to 7% for Tezos);
Low threshold 🚪: Low minimum holding requirements, such as only needing 0.001 ETH for ETH staking, suitable for small investors;
Simple and easy to use 🤝: No technical knowledge or node operation is required; Binance handles complex operations, lowering the threshold for participating in PoS;
Security 🔒: Assets are stored in Binance's cold wallet, providing high security, but users should be aware of platform risks (such as hacking).
My usage experience share 😊
I tried to activate holding coins for interest for BNB and SOL on Binance, and the overall experience was very smooth!
✅ Activation only requires one-click operation; the interface is clear and user-friendly for beginners;
✅ Daily rewards are automatically credited, and I can clearly see the earnings details in the “Staking History,” like bank deposit interest but with a higher return rate;
✅ What I love the most is the flexibility — when the market fluctuated last week, I immediately withdrew part of my SOL for trading without the traditional staking lock-up period restrictions!
#SoftStaking