How to Stake Convex Finance (CVX) in Vietnam

Introduction

Staking Convex Finance is an excellent choice for those looking to hold CVX while earning yield securely and supporting the network. The process may seem overwhelming, especially for first-timers. That's why we've created this guide to help you through it.

Comprehensive Guide

1. 1. Acquire Convex Finance (CVX) Tokens

   To stake Convex Finance, you first need to acquire it. You can purchase Convex Finance from various popular exchanges.

   Platform	Coin	Cost
   Nexo	Convex Finance (CVX)	3.77
   Binance	Convex Finance (CVX)	3.77
   BTSE	Convex Finance (CVX)	3.78
   Coinbase	Convex Finance (CVX)	3.77
   Kraken	Convex Finance (CVX)	3.74
   OKX	Convex Finance (CVX)	2.23

   View all 47 prices

2. 2. Select a Convex Finance Wallet

   Once you have CVX, you'll need to select a Convex Finance wallet to keep your tokens safe. Here are some great options.

3. 3. Delegate Your CVX

   We suggest using a staking pool for staking CVX. It's easier and quicker to start. A staking pool consists of validators who pool their CVX, increasing their chances of validating transactions and earning rewards. You can access this via your wallet's interface.

4. 4. Begin Validation

   You will need to wait for your deposit to be confirmed by your wallet. Once confirmed, you will automatically validate transactions on the Convex Finance network. You will be rewarded with CVX for these validations.

Key Considerations

Consider the transaction and staking pool fees. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, which can take some time.