Wealth management on Binance (coin holding interest) helps you earn money automatically!
1. What is soft staking
2. How to perform soft staking
3. Benefits of soft staking and personal experience
1. What is soft staking and how to activate it?
Definition of soft staking
Soft Staking is a flexible staking method launched by Binance that allows users to automatically earn staking rewards while holding specific cryptocurrencies, without locking assets for a specified period. Compared to traditional locked staking (such as locking for 30, 60, or 90 days, which does not allow withdrawals), the main feature of soft staking is to maintain the liquidity and flexibility of assets. Users can trade or withdraw assets at any time while still receiving daily staking rewards. Soft staking supports various mainstream proof-of-stake (PoS) tokens, such as BNB, SOL, ADA, NXPC, etc., with rewards directly derived from the blockchain protocol's validation mechanism.