Hello everybody,
I was wondering if somebody could explain to me how kucoins soft staking works and how its different from normal staking. And if its worth using to begin with?
I'm relatively new to cryptos but I do know what staking is but, from what I can tell, kucoins staking is different from that of other areas. My understanding was that soft staking meant that you could remove it whenever you want but, with the coins that I am staking on kucoin to test it out, they are still locked in there so I'm just not sure what makes it different.
If kucoins staking is a good way to stake your coins for passive income, however, I'd very much like to participate in it more. There are some coins I'm holding bags of with some pretty good APR so if somebody here can tell me its worthwhile I'd jump in immediately.
Thank you in advance.
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