#sotfstaking Soft Staking on Binance is a service that allows users to earn cryptocurrency rewards on their Spot balances without the need to lock up funds. Users can trade, withdraw, or use their tokens at any time while earning daily rewards. Eligible tokens include BNB, SOL, ADA, SUI, TON, NEAR, POL, ALGO, S, and AXS.
Main features of Soft Staking:
Total flexibility:
Users can operate, withdraw, or use their tokens at any time without restrictions, as there are no lock-up periods.
Daily rewards:
Rewards are credited directly to the user's Spot account every day, based on average daily snapshots of the user's balance.
Easy activation:
Activating Soft Staking is done with a single click from the Spot account.
Eligible tokens:
BNB, SOL, ADA, SUI, TON, NEAR, POL, ALGO, S, and AXS.
Minimum balance requirements:
To receive rewards, users must maintain the required minimum balance of each token in their Spot account.
Holding limits:
There may also be a limit on the number of tokens that can be included in Soft Staking.
Promotional rewards:
Binance often runs promotions with Soft Staking, offering additional rewards, such as NXPC tokens, to the first users who register and maintain the required minimum balances.
In summary, Soft Staking is a simple and flexible way to earn passive rewards with cryptocurrencies on Binance, without sacrificing the liquidity of funds.