Binance has announced the addition of 5 new tokens to its staking program. Tron (TRX), Aptos (APT), IOTA (IOTA), ApeCoin (APE), and MultiversX (EGLD) are now among the assets that can earn rewards through staking.
Five new tokens added to Binance staking: TRX, APT, IOTA, APE, EGLD
The platform extends this functionality, allowing users to earn staking returns on specific tokens in their Spot accounts with just one click.
One of the most striking features of soft staking is its complete flexibility. Users can earn rewards and at the same time buy, sell, withdraw, or use tokens for other transactions at any time. In this regard, soft staking stands out as a staking model that does not require lock-in and does not limit user mobility.
With the newly added assets, the total number of tokens supported in the soft staking program has increased to 15. The program currently includes BNB, SOL, TRX, ADA, SUI, TON, NEAR, APT, POL, ALGO, IOTA, S, APE, EGLD, and AXS.
Users who wish to benefit from staking rewards must meet the minimum balance requirements for each token. There are also certain upper limits. Balances above this limit will not earn additional benefits.
Binance says users can access more information on the soft staking page. This update is part of the platform’s strategy to expand passive income options.
*This is not investment advice.
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