Binance announces the launch of a soft staking feature, allowing spot accounts to designate tokens for earning holdings rewards.

BlockBeats News, June 18, Binance announced the launch of a soft staking feature, allowing users to earn holding rewards from specified tokens in their spot accounts. The soft staking rewards feature offers maximum flexibility, enabling users to trade, withdraw, or use their tokens at any time while still earning returns on their spot assets.

Currently, the tokens supported for soft staking include: BNB, SOL, ADA, SUI, TON, NEAR, POL, ALGO, S, and AXS. To be eligible for soft staking rewards, users must meet the minimum holding requirements for each token in their spot balance. There is a cap on the effective holding amount, and any balance exceeding this cap will not be eligible for additional rewards.