Binance Broadens Its Soft Staking Offering with Five New Tokens

Binance has added five new tokens to its Soft Staking service: Tron (TRX), Aptos (APT), IOTA (IOTA), ApeCoin (APE), and MultiversX (EGLD). This expansion allows users to earn staking rewards on these tokens directly from their Spot Accounts, offering flexibility in trading, withdrawal, or token use while still receiving rewards. Rewards are generated through Binance’s on-chain proof of stake mechanism, distributed daily to users’ Spot Accounts based on their eligible token balances. The platform now supports a total of 15 tokens, including BNB, SOL, TRX, ADA, SUI, TON, NEAR, APT, POL, ALGO, IOTA, S, APE, EGLD, and AXS, each with its own minimum holding requirement and cap on eligible holdings for rewards. Users can activate Soft Staking via the Binance website or app and begin receiving daily rewards by 00:00 (UTC) the following day.