#SoftStaking – what is it and why should you be interested in it?
In the world of cryptocurrencies, there is no shortage of ways to earn passive income, but one of the more interesting and increasingly chosen solutions is so-called SoftStaking. This is a method that allows users to earn rewards just for holding cryptocurrencies in their wallet – without the need to lock them up, as is the case with traditional staking.
The biggest advantage of SoftStaking is full flexibility. The user retains full control over their funds – they can withdraw or transfer them at any time, yet still receive rewards for holding them. This solution is particularly attractive for those who do not want to freeze their capital but still want to leverage the potential of passive income.
SoftStaking is increasingly offered by popular cryptocurrency platforms and exchanges. However, it is worth paying attention to the conditions – differences can pertain not only to the amount of rewards but also to which tokens are supported and how often rewards are paid out.
In summary, if you hold cryptocurrencies long-term and do not want to lock them up, SoftStaking can be a great option for additional profit – practically without effort.