Binance launches light staking | How to start earning from cryptocurrencies without locking your funds?
The platform announced the launch of a new feature called light staking, an innovative way for users to earn daily rewards from the cryptocurrencies in their spot accounts without needing to lock assets or wait for maturity periods.
In this article, we will briefly explain what light staking is, its advantages, the supported cryptocurrencies, and how to start using it in simple steps.
✅ What is light staking?
It is a system that allows you to earn rewards from the cryptocurrencies you hold in the spot account through a proof of stake mechanism without the need to transfer or lock the coins.
Simply: Keep the coins in your wallet, and earn automatically every day!
⚙️ How does light staking work?
Rewards are calculated daily based on the average daily balance of eligible coins in your spot account.
Rewards are distributed daily to the same account.
You can withdraw, trade, or sell at any time without losing rewards.
🪙 What are the supported cryptocurrencies in light staking?
Currently, the supported cryptocurrencies include:
$SOL
$ADA
$SUI
$TON
$NEAR
$POL
$ALGO
$S
$AXS
📌 Alert: You must hold the minimum amount of the eligible cryptocurrency to earn rewards, and there is also a maximum eligible balance.
⭐ Light Staking Features
✅ Full flexibility: No need for any lock or redemption periods.
✅ Ease of use: Activation is done with just one click.
✅ Daily rewards: Profits are automatically credited to your account every day.
✅ Withdraw and trade anytime.
✅ Support for a wide range of well-known cryptocurrencies.
🚀 How to start using light staking?
From the website:
Go to #Earn then [Simple Earn] then select [Soft Staking].
Click the [Activate] button.
Agree to the terms, then click [Start Earning].
From the Binance app:
Open the app and click [More].
Select [Earn] then [Soft Staking].
Click on [Activate], and start immediately.
⏱️ Earnings start from the next day after activating the feature and are distributed daily between 00:00 and 08:00 (UTC).
🛑 Important Notes:
This service may not be available in some countries according to local policies.
Individuals from the United States and sanctioned countries are not eligible to use the service.
You must read the Binance Terms of Use and Risk Warning before starting. bhttps://binance.com
Start your journey in earning from cryptocurrencies without locking your funds or complications, and activate light staking now with just one click! 🚀
