#SoftStaking

allows users to earn staking rewards on selected tokens in their Spot Accounts, which can be simply activated with one click.

Cryptocurrency staking can take many forms, but it generally falls into two categories: active and passive. Active crypto staking means locking your tokens to a network for the purpose of actively participating in the network. Active participants may validate transactions and create new blocks to earn token rewards.Whilst Passive crypto staking involves simply locking your tokens to a blockchain network to help keep it secure and operating efficiently. Passively staking crypto is not time-consuming, but it generally yields lower token rewards than active participation.

Staking cryptocurrency is potentially rewarding, but inherently risky. The practice of staking is becoming increasingly popular as platforms like Ethereum make staking accessible while more blockchains adopt proof-of-stake consensus mechanisms. Learning about cryptocurrency staking is a great first step toward mastering this potentially lucrative strategy.