Where and How to Earn Convex Finance (CVX)

Introduction

Lending Convex Finance can be an excellent choice for those looking to hold CVX while generating yield. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide specifically for you.

Step-by-Step Guide for Navigating Cryptocurrency in Portugal 1

1. 1. Acquire Convex Finance (CVX) Tokens in Portugal

   To lend Convex Finance in Portugal, you first need to possess it. To acquire Convex Finance, you will need to purchase it. You can select from these popular exchanges available in the Portuguese market.

   Plataforma	Moeda	Price in Portugal
   Nexo	Convex Finance (CVX)	3,53
   Uphold	Convex Finance (CVX)	2,7
   Kraken	Convex Finance (CVX)	3,39
   OKX	Convex Finance (CVX)	3,42
   Binance	Convex Finance (CVX)	3,39
   BTSE	Convex Finance (CVX)	3,38

   View all 47 prices

2. 2. Select a Convex Finance Lender in Portugal

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

   Plataforma	Moeda	APY
   Kucoin	Convex Finance (CVX)	Up to 0,5% APY in Portugal

3. 3. Earn Convex Finance in Portugal

   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 interest. Some platforms offer interest payments daily, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you need to do is relax while your cryptocurrency earns interest. The more you deposit, the greater your potential earnings. Ensure that your chosen platform offers compounding interest to maximise your returns in the Portuguese market.

What to Consider in Portugal

Lending your cryptocurrency can carry certain risks