Soft Staking optimizes the complexity and liquidity constraints of traditional staking by automating management through exchanges, providing a simple, flexible, and low-risk earning method, especially suitable for ordinary users who want to balance liquidity and stable returns.
Easy operation: No complex locking or manual operations are required; simply hold designated tokens (such as $BNB, $ETH) in the exchange's spot account to automatically participate in PoS (Proof of Stake) rewards.
High flexibility: No lock-up period restrictions, users can buy, sell, or withdraw tokens at any time, ensuring strong fund liquidity, suitable for investors seeking flexibility.
Exchange custody: Staking rewards are automatically managed by the exchange, reducing users' technical barriers and operational risks, ensuring transparency and convenience in reward distribution.
Low-risk earnings: With a combined stable income mechanism (such as 10.5% APY), soft staking provides low-risk passive income opportunities, suitable for users who do not want to bear high complexity or long-term locking.
Multi-currency support: Supports various mainstream PoS tokens, increasing user choice variety and accommodating different investment preferences.
How to use: Open Binance, click on more, click on holding coins for interest, and select the tokens you want to deposit or withdraw.
I have already experienced it, and it's very convenient, not affecting normal token usage.