Where and How to Earn Convex Finance (CVX)

Introduction

Lending Convex Finance can be an excellent choice for individuals looking to hold CVX while earning an attractive APY. The process may seem a bit overwhelming, particularly for first-time users. To simplify this experience, we have created this comprehensive guide tailored for you.

Step-by-Step Guide

1. 1. Acquire Convex Finance (CVX) Tokens

   To lend Convex Finance, you must first possess it. To acquire Convex Finance, you will need to buy it. You can select from these well-known exchanges that are popular in the Chinese market.

   平台	Coin	Price
   Nexo	Convex Finance (CVX)	3.53 APY
   Uphold	Convex Finance (CVX)	2.7 APY
   Kraken	Convex Finance (CVX)	3.57 APY
   OKX	Convex Finance (CVX)	3.47 APY
   Binance	Convex Finance (CVX)	3.57 APY
   BTSE	Convex Finance (CVX)	3.56 APY

   View all 47 prices

2. 2. Select a Convex Finance lending platform

   Once you have CVX, you'll need to select a Convex Finance lending platform to lend your tokens. You can explore several options available in the market here.

   平台	Coin	APY
   Kucoin	Convex Finance (CVX)	Up to 0.5% APY

3. 3. Earn Convex Finance

   Once you've selected a platform to earn your Convex Finance, transfer your Convex Finance into your wallet on the earning platform. After the deposit is completed, it will begin to accrue interest. Some platforms offer interest payments daily, while others may do so weekly or monthly.

4. 4. Earn APY on Your Assets

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the greater your potential earnings. Be sure to choose a platform that offers compounding interest to maximize your returns.

What to Consider in the Chinese Market

Lending your cryptocurrency can involve significant risks