#SoftStaking

What is Soft Staking?

The official definition is called 'holding coins for interest', which essentially means putting idle coins lying in the spot wallet into the Binance savings flexible area with one click. The system automatically settles interest daily at 10:00 (UTC), and you can redeem your coins anytime you want, with 0 lock-up and 0 fees.

Three steps to activate:

① Open the Binance App → ② Savings → Holding coins for interest → ③ Select coin type (for example, NXPC) → Click 'Purchase', done in 30 seconds.

My real experience:

On July 8, I put in 5,000 NXPC, and the next morning I woke up to receive 1.47 NXPC in interest, with an annualized rate of approximately 10.7%, which is much better than leaving it idle in the spot market. Last night the market surged, and I redeemed 2,000 NXPC within 2 minutes to chase the trend, leaving 3,000 to continue earning passively, with liquidity completely unaffected.

In summary: Soft Staking = Flexible savings + Fixed income, a win-win tool for coin holders and swing traders!