Earn up to
0.5% APY
An in-depth guide on how to earn Convex Finance (CVX)
We have a lot of data on earning Convex Finance (CVX) and we share some of this with you.
We show you some earning options with other coins that could be of interest.
Convex Finance (CVX) is currently priced at US$0.5 with a 24-hour trading volume of US$63.92M. The market cap of Convex Finance stands at US$337.75M, with 81.99M CVX in circulation. For those looking to buy or trade Convex Finance, Kucoin offers avenues to do so securely and efficiently}
Lending Convex Finance can be a great option for those who want to hold CVX but earn yield. The steps can be a little daunting, especially the first time you do them. That's why we've put this guide together for you.
In order to lend Convex Finance, you need to have it. To obtain Convex Finance, you'll need to purchase it. You can choose from these popular exchanges.
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 |
Once you've chosen a platform to earning your Convex Finance, transfer your Convex Finance into your wallet in the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your earning platform pays compounding interest to maximise your returns.
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.
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