The recent market is really good, and the returns from Binance's holding cryptocurrencies for interest are indeed high.
A hands-free, brain-free lazy investment tool - #SoftStaking
In the cryptocurrency market, many people are used to leaving funds idle in spot accounts or simply waiting for price increases, overlooking a simple yet effective way to make money—holding cryptocurrencies for interest.
With Binance launching the Soft Staking (holding cryptocurrency for interest) feature, this 'lazy investment tool' is gradually changing investors' perceptions of passive income.
If you haven't tried it yet, take a few minutes to learn about it; it might become your new favorite in cryptocurrency investment.
First, let's talk about what holding cryptocurrencies for interest is?
Holding cryptocurrencies for interest is a profit model that does not require lock-up, staking, or subscription. You just need to keep supported cryptocurrencies (such as BNB, SOL, DOT, ADA, etc.) in your Binance spot account to automatically earn income daily.
In simple terms, it means you can earn interest just by holding, without complicated operations. Every morning at 8 AM, the system will take a snapshot based on your holdings and calculate the day's earnings based on the floating annualized return rate (APR), which will be directly credited to your spot account the next day.
The income formula is: *Income = Position held today × Annualized return rate ÷ 365.
The annualized return rate will be dynamically adjusted based on market conditions, but this flexibility also makes it a low-threshold investment option.
How to activate holding cryptocurrencies for interest?
The activation process is extremely simple and can be completed in a few steps, suitable for beginners and busy investors.
Here are the specific operation guidelines:
Web version:
1. Log into your Binance account.
2. Click the top menu 'Wealth Management' → 'Principal Guaranteed Earnings' → 'Holding Cryptocurrency for Interest'.
3. Choose the supported cryptocurrencies, activate, and agree to the relevant terms.
App version:
1. Open the Binance App and click on 'More' on the homepage.
2. Enter the 'Wealth Management' module and select 'Holding Cryptocurrency for Interest'.
3. Find the cryptocurrency you want to participate in and click the 'Activate' button.
After activation, as long as you leave the supported cryptocurrencies in the spot account, the system will automatically calculate and distribute earnings without repeated operations.
The advantages of holding cryptocurrencies for interest:
No threshold: No subscription or lock-up is required; just hold to earn money, suitable for investors who do not want to take on high risks.
Flexible funds: After earnings are distributed, funds can still be traded or withdrawn at any time without affecting daily operations, avoiding the liquidity restrictions of traditional staking.
A rich variety of supported cryptocurrencies: Currently covers mainstream assets such as BNB, SOL, DOT, ATOM, ADA, etc., with more options potentially added in the future.
Easy to operate: Earnings are automatically distributed daily, the account interface is clear, and earnings records are easy to understand, saving the trouble of manual calculations.
As an ordinary investor, I was once deterred from financial management, feeling that long lock-up periods and selecting the wrong projects could easily lead to missing market opportunities.
But since I tried holding cryptocurrencies for interest, this concern has completely disappeared. I left my idle SOL and DOT in the spot account, and after activating the function, I receive small earnings every day.
Although the daily amount is not large, the long-term accumulation is quite considerable. More importantly, I do not need to keep an eye on the market or operate frequently; my funds remain flexible and can respond to market changes at any time.
This 'passive income tool' made me realize that holding cryptocurrencies to earn interest is not only an ideal choice for lazy investors but also provides extra returns for long-term holders.
