Soft staking is a simplified form of cryptocurrency staking offered by exchanges or platforms where you earn rewards simply by holding eligible coins in your exchange wallet. Unlike traditional ("hard") staking, your funds **are not locked** and remain available for trading or withdrawal.

**Benefits:**

* **Passive Income:** Earn rewards (typically paid daily or weekly) on idle crypto holdings.

* **Liquidity:** Your coins remain instantly accessible for trading or withdrawal.

* **Simplicity:** No technical setup, delegation, or minimum lock-up periods required. Just hold the coin.

* **Low Barrier:** Often no minimum holding amount (or very low).

**How to Activate:**

1. Hold a coin that supports soft staking on your exchange/platform (e.g., ATOM, XTZ, ADA on Binance/Kraken).

2. Ensure the coin is in your main Spot Wallet (not on loan, in orders, etc.).

3. That's usually it! Rewards accrue automatically. Sometimes you might need to press an "Opt-in" button once.

**Experience:**

Using soft staking is extremely user-friendly. After ensuring your eligible coins are in your spot wallet, rewards start accumulating automatically in the background. You see them added periodically without any action needed. The key benefit is earning yield while maintaining full control and liquidity over your assets. The trade-off is typically a slightly lower reward rate compared to locked staking. It's an excellent, hands-off starting point for earning crypto rewards. #softstaking