Flexible Staking:
It means you can deposit and withdraw cryptocurrencies at any time you want. This type of staking offers greater flexibility as it does not require you to commit to a specific staking period. Usually, the yield rate in flexible staking is lower compared to locked staking because it provides more flexibility.
How to participate in flexible staking on Binance?
On the Binance website:
1. Log in to your Binance account and go to the [Earn] section, then select [Simple Earn] - [Flexible Staking].
2. Click on [Activate].
What is Light Staking:
Light staking from Binance allows users to earn staking rewards on specific tokens in their spot accounts. Light staking provides complete flexibility—users can trade, withdraw, or use their tokens at any time while still earning rewards.
What rewards can I earn from light staking?
By participating in light staking, users can earn rewards generated through the staking mechanism on the blockchain, also known as Proof of Stake. Rewards are usually paid using the native tokens of the blockchain, unless otherwise stated.
