#SoftStaking What is it? How to activate, benefits, and personal experience.
1. What is Soft Staking on Binance?
It is a form of staking that does not require locking tokens, allowing you to still trade or withdraw at any time while receiving automatic daily staking rewards.
Just hold the eligible tokens in your Spot wallet, and you can earn interest without having to deposit them into Earn as before.
Launched on June 18, currently supporting 10 tokens: SOL, ADA, POL, BNB, SUI, S, NEAR, TON, ALGO, AXS.
Details: binance.com/en/support/ann…
2. How to activate Soft Staking on Binance:
On the Website:
Access the [Earn] section, select [Simple Earn], then click on [Soft Staking].
Click [Activate].
Read and agree to the terms, then click [Start Earning].
Activate here: binance.com/en/earn/soft-s…
On the Binance App:
Click [More] on the home page of the app.
Go to [Earn] > [Soft Staking].
Click [Activate].
Read and agree to the terms, then click [Start Earning].
3. Benefits of Soft Staking on Binance.
No need to lock assets: Freedom to withdraw/trade at any time.
Receive automatic daily interest.
Maintain flexible liquidity, no worries about being stuck with funds.
Easy to use, no complicated operations required.
Safe and reliable, supported by Binance.
4. Personal experience.
As a long-time crypto investor, I have experienced fixed staking, flexible staking, and Soft Staking. What I like most about Soft Staking is the freedom – I am not bound by lock-up times and can react to the market immediately.
Tip:
Enable both Auto-Subscribe and Soft Staking, then go to settings to disable Auto-Subscribe for the tokens you want to keep in your Spot wallet to earn interest from Soft Staking instead of being transferred to Earn.
