Where and How to Earn Convex Finance (CVX) in the UK

Introduction

Lending Convex Finance can be an excellent option for those who wish to hold CVX while earning a yield. The steps may seem a bit daunting, particularly the first time you undertake them. That's why we've compiled this guide for you.

Step-by-Step Guide

1. 1. Obtain Convex Finance (CVX) Tokens

   To lend Convex Finance, you need to possess it. To obtain Convex Finance, you'll need to purchase it. You can choose from these popular exchanges in the UK.

   Platform	Coin	Price
   Nexo	Convex Finance (CVX)	3.55
   Uphold	Convex Finance (CVX)	2.7
   Kraken	Convex Finance (CVX)	3.55
   OKX	Convex Finance (CVX)	2.23
   Binance	Convex Finance (CVX)	3.56
   BTSE	Convex Finance (CVX)	3.55

   View all 47 prices

2. 2. Choose a Convex Finance Lender in the UK

   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	AER
   Kucoin	Convex Finance (CVX)	Up to 0.5% AER

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. Once it's deposited, it will begin to accrue AER. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Earn AER

   Now all you need to do is sit back while your cryptocurrency earns AER. The more you deposit, the more interest you can earn. Ensure that your earning platform pays compounding interest to maximise your returns.

What to Be Aware Of

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Do not lend more than you are prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.