#SoftStaking What is SoftStaking? How to activate, benefits and personal experience.

1. What is Soft Staking on Binance?

It is a form of staking that does not require locking tokens, allowing you to trade or withdraw at any time, but still automatically receive daily staking rewards.

You can earn interest by simply holding eligible tokens in your Spot wallet without having to deposit them into Earn as before.

Launched on June 18, currently supports 10 tokens: SOL, ADA, POL, BNB, SUI, S, NEAR, TON, ALGO, AXS.

2. How to activate the Soft Staking function on Binance:

On the website:

Go to [Earn], select [Simple Earn], and then click [Soft Staking].

Click [Activate].

Read and agree to the terms, then click [Start Earning].

Activate here: https://binance.com/en/earn/soft-staking

On the Binance App:

Click [Add] on the app homepage.

Go to [Earn] > [Soft Staking].

Click [Activate].

Read and agree to the terms, then click [Start Earning].

3. Advantages of Binance Soft Staking.

No need to lock assets: freely withdraw/trade at any time.

Automatically earn daily interest.

Maintain flexible liquidity without worrying about funds being locked up.

Easy to use, no complicated operations.

Safe and reliable, backed by Binance.

4. Personal experience.

I like Soft Staking because it does not lock capital and still earns regular interest.

Tip:

Enable automatic subscription and Soft Staking, then go to settings and turn off automatic with the tokens you want to hold in the Spot wallet to earn interest from Soft Staking instead of earning interest.

#SoftStaking