A lazy financial tool that frees your hands and doesn't require much thought - #SoftStaking

In the cryptocurrency market, many people tend to leave their funds idle in spot accounts or simply wait for the opportunity of price increases, while overlooking a simple yet efficient way to earn money - holding coins for interest.

With Binance launching the Soft Staking feature, this 'lazy financial tool' is gradually changing investors' perceptions of passive income.

If you haven't tried it yet, take a few minutes to learn about it, as it might become your new favorite in cryptocurrency investing.

First, let’s talk about what holding coins for interest is?

Holding coins for interest is a revenue model that does not require locking, staking, or subscription. You just need to place supported cryptocurrencies (like BNB, SOL, DOT, ADA, etc.) in your Binance spot account, and you will automatically earn interest every day.

In simple terms, it means you earn interest just by holding, without complex operations. Every morning at 8 AM, the system will take a snapshot based on your holdings and calculate the day's earnings according to the floating annual percentage rate (APR), which will be directly credited to your spot account the next day.

The earnings formula is: *Earnings = Holdings for the Day × Annual Percentage Rate ÷ 365.

The annual percentage rate will be dynamically adjusted according to market conditions, but this flexibility also makes it a low-threshold financial choice.