Where and How to Earn Convex Finance (CVX)

简介

Lending Convex Finance for those who want to hold CVX, but also earn yield, can be a good choice. The steps might be a bit intimidating, especially the first time you try them. Therefore, we've prepared this guide for you.

Step-by-step Guide

1. 1. Obtain Convex Finance (CVX) Tokens

   To lend Convex Finance, you need to already own it. To get Convex Finance, you’ll need to buy it. You can select from these well-known exchanges.

   Platform	Coin	Price
   Nexo	Convex Finance (CVX)	3.07
   Uphold	Convex Finance (CVX)	3.05
   Kraken	Convex Finance (CVX)	3.08
   OKX	Convex Finance (CVX)	2.23
   Binance	Convex Finance (CVX)	3.06
   BTSE	Convex Finance (CVX)	3.06

   See all 46 prices

2. 2. Choose a Convex Finance Lender

   Once you have CVX, you'll need to choose a Convex Finance lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	Convex Finance (CVX)	Up to 0.5% APY

3. 3. Earn Convex Finance

   After selecting a platform for earning your Convex Finance, transfer your Convex Finance to your wallet on the earning platform. Once deposited, it begins to earn interest. Some platforms provide interest payouts daily, while others do so weekly or monthly.

4. 4. Earn收益

   Now all you need to do is relax while your crypto generates interest. The more you deposit, the more interest you can earn. Ensure that your earning platform pays compounding interest to maximize your returns.

Things to Note

Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don't lend more than you're willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.