Convex Finance is a DeFi protocol for liquidity providers on the Curve platform. They can earn a share of trading fees on Curve without staking liquidity there. Providers stake through Convex and earn boosted rewards. The Curve finance platform is popular in the DeFi space. For many, it is a gateway to earning through staking and farming. Convex simplifies staking on Curve, as well as the token-locking system, with the help of its native fee-earning token: CVX. CVX is listed on a number of crypto exchanges, but it cannot be purchased directly with fiat. CVX is an ERC-20 utility token. It can be locked in exchange for a portion of the platform's earnings.
How To Buy Convex Finance or Add it to your Strategy
The fastest, most convenient way to purchase Convex Finance is to purchase it on ICONOMI. We check Convex Finance live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy Convex Finance by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Convex Finance is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy Convex Finance, we recommend you read the next section, as copying might be a better approach.
Add Convex Finance to your portfolio by copying a Strategy
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Convex Finance in their structure.