How to Lend Convex Finance (CVX): A Comprehensive Guide for Italian Investors

Introduction

Lending Convex Finance can be an excellent choice for those looking to hold CVX while generating a return. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to help you navigate through it.

Step-by-Step Guide for Italian Investors

1. Acquire Convex Finance (CVX) Tokens

To lend Convex Finance, you must first possess it. To acquire Convex Finance, you'll need to buy it. You can select from these well-known exchanges available in Italy.

Piattaforma	Criptovaluta	Value
Nexo	Convex Finance (CVX)	1,78 APY
Binance	Convex Finance (CVX)	1,78 APY
BTSE	Convex Finance (CVX)	1,78 APY
Coinbase	Convex Finance (CVX)	1,78 APY
Kraken	Convex Finance (CVX)	1,78 APY
OKX	Convex Finance (CVX)	2,23 APY

Check out all 48 prices

2. Select a Convex Finance Lender in Italy
Once you have CVX, you'll need to select a Convex Finance lending platform to lend your tokens. You can explore some options here.
Piattaforma Criptovaluta APY
Kucoin Convex Finance (CVX) Up to 0,5% APY
3. Lend Your Convex Finance in Italy
Once you've selected a platform to lend your Convex Finance, transfer your Convex Finance into your wallet on the lending platform. After the deposit is made, it will begin to accrue interest. Some platforms offer interest payments daily, while others do so weekly or monthly.
4. Earn Interest
Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential returns. Ensure that your lending platform offers compounding interest to maximize your earnings.