Cómo prestar Convex Finance (CVX)

Introduction

Lending Convex Finance can be an excellent choice for those looking to hold CVX while generating yield. The process might seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for Spain 1

1. 1. Acquire Convex Finance (CVX) Tokens

   To lend Convex Finance, you first need to possess it. To acquire Convex Finance, you'll have to buy it. You can select from these popular exchanges available in Spain.

   Plataforma	Cripto	Price
   Nexo	Convex Finance (CVX)	1,96 APY
   Binance	Convex Finance (CVX)	1,96 APY
   BTSE	Convex Finance (CVX)	1,96 APY
   Coinbase	Convex Finance (CVX)	1,96 APY
   Kraken	Convex Finance (CVX)	1,95 APY
   OKX	Convex Finance (CVX)	2,23 APY

   Consulta todos los 48 precios

2. 2. Select a Convex Finance Lender

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

   Plataforma	Cripto	APY
   Kucoin	Convex Finance (CVX)	Hasta 0,5% APY

3. 3. Lend Your Convex Finance

   Once you've selected a platform to lend your Convex Finance, transfer your Convex Finance into your wallet on the lending platform. Once it's deposited, it will begin to earn APY. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Generate Earnings

   Now all you need to do is sit back while your cryptocurrency earns APY. The more you deposit, the more APY you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.

What to Keep in Mind

Lending your crypto can be risky