Uphold - Digital Asset Platform
Convex Finance (CVX) is the 312nd largest cryptocurrency by market cap, valued at US$157,335,210.
Convex Finance is a highly volatile asset capable of major price swings in a single day. Today the price of CVX is $1.92, which is higher than yesterday's trading price of $1.85. Over the past year, Convex Finance's price has seen a decrease of -54%.
So before you buy Convex Finance, make sure you understand these unique risks as well as its legal and tax status here in the US.
If you're ready to get started, read on for step-by-step instructions on how you can buy Convex Finance.
The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.
Find an exchange to buy, sell and trade CVX by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.
Simply put, Convex Finance is a DeFi protocol that has been built atop Curve, a stablecoin-centric trading ecosystem. At its core, Convex is designed to help provide Curve liquidity providers and CRV stakers with a range of handsome DeFi yields in a seamless fashion. As per the official project whitepaperwhitepaperusers who keep supplying CRV tokens to the ecosystem can continue to accrue increasing interest rates. As a result of using such an aggressive incentive driven framework, Covex FInance has continued to muster more and more mainstream support in recent years. Not only that, its highly simplistic user interface has made it possible for even crypto novices to seamlessly make use of the platform and thus enter the fast maturing DeFi ecosystem.
Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in the US to help you choose the one that's right for you.
Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.
To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.
An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Convex Finance.
Once you've created an account, you will need to deposit funds to buy CVX with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy CVX:
The easiest way to buy CVX is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.
Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.
Before buying CVX, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Convex Finance has been performing recently.
You can keep your CVX on the exchange you purchased it on, or move it to a personal wallet:
Ledger Nano X Wallet |
Trezor Model T Wallet |
SafePal S1 Wallet |
 |
 |
 |
|
|
|
|
|
|
|
|
|
Supported assets 5,500+ |
Supported assets 1,000+ |
Supported assets 30,000+ |
|
Price (USD) $149 |
Price (USD) $129 |
Price (USD) $49.99 |
See more of the best crypto wallets
CVX is the base crypto asset that is used to facilitate a host of internal processes related to the Convex Finance ecosystem. Here are a few key aspects to consider before investing in the platform:
Compare today's price of Convex Finance ($1.92 USD) against its all-time-high price of $60.09 USD on 01 January 2022. The closer the bar is to 100%, the closer CVX is to reaching its ATH again.
Disclaimer: Cryptocurrencies, including Convex Finance, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of CVX is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Convex Finance or any other cryptocurrency discussed.
This guide provides step-by-step instructions on how to buy POL, lists some exchanges where you can get it and provides daily price data on (POL).
This guide provides step-by-step instructions on how to buy Pepe, lists some exchanges where you can get it and provides daily price data on (PEPE).
This guide provides step-by-step instructions on how to buy TRON, lists some exchanges where you can get it and provides daily price data on (TRX).
This guide provides step-by-step instructions on how to buy IOTA, lists some exchanges where you can get it and provides daily price data on (MIOTA).
This guide provides step-by-step instructions on how to buy Stellar, lists some exchanges where you can get it and provides daily price data on (XLM).
This guide provides step-by-step instructions on how to buy Bitcoin Cash, lists some exchanges where you can get it and provides daily price data on (BCH).
This guide provides step-by-step instructions on how to buy Bitcoin Gold, lists some exchanges where you can get it and provides daily price data on (BTG).
Learn how to sell Dogecoin in 3 simple steps.
Learn how to buy Cardano in the US with our simple step-by-step guide and tips on what to know before you get started.
Learn how to buy Litecoin in the US with our simple step-by-step guide and tips on what to know before you get started.