Earn passive income on Binance automatically!

1. What is Soft Staking

2. How to participate in Binance's passive income program

3. Personal experience

I. What is Soft Staking and how to activate it?

Definition of Soft Staking

Soft Staking is a flexible staking method launched by Binance that allows users to automatically earn staking rewards while holding specific cryptocurrencies, without the need to lock assets for a specific period. Compared to traditional locked staking (such as locking for 30, 60, or 90 days without withdrawals), the main feature of Soft Staking is the liquidity and flexibility of the assets. Users can trade or withdraw their assets at any time while still earning daily staking rewards. Soft Staking supports various mainstream Proof of Stake (PoS) tokens such as BNB, SOL, ADA, NXPC, etc., and rewards come directly from the blockchain protocol's verification mechanism.

II. How to participate in Binance's passive income:

[Web Version]

Step 1: Go to the [Wealth Management] page, select [Capital Preservation Earn Coins], and click [Passive Income]

Step 2: Click [Activate]

Step 3: Read and agree to the relevant terms, then click [Start Earning Returns]

[App Version]

Step 1: Click [More] on the App homepage

Step 2: Select [Wealth Management] > [Passive Income]

Step 3: Click [Activate]

Step 4: Read and agree to the relevant terms, then click [Start Earning Returns]

III. Personal Experience

I tried Binance's Soft Staking feature, and the experience was very smooth.

First, I held some BNB and SOL in my spot wallet, and rewards started coming in immediately, with the reward amounts clearly displayed on the page, transparent and clear. Compared to traditional locked staking, Soft Staking allows me to avoid worrying about funds being locked, enabling me to adjust my strategy according to market changes at any time. For example, I can quickly trade part of my assets during fluctuations in SOL prices, while the staking rewards remain unaffected.