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What is Convex Finance?

Convex Finance (CVX) is a DeFi protocol that is built upon the stablecoin exchange, Curve Finance. CVX is the native token of the Convex ecosystem.

  • Convex Finance is a platform for Curve DAO (CRV) token holders and liquidity providers, which allows holders to earn additional interest rewards on their tokens.
  • Individuals who stake CVX are able to receive a share of the Convex platform fees. Users participating in the ecosystem can earn rewards from fees, as well as airdrops to veCRV holders.
  • As the native token of the Convex ecosystem, CVX’s main purpose is to provide additional rewards to users who are staking or providing liquidity via CRV. CVX aims to promote liquidity production for Curve DAO.

By rewarding CRV holders and Curve liquidity providers, Convex Finance aims to provide a unique incentive structure for investors. By doing so they wish to allow even low-level investors to achieve rewards that would otherwise be unobtainable.

How do I swap Convex Finance?

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Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Convex Finance

Why Should I Trade CVX with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over three million Australians. We make it easy to buy and sell Convex Finance no matter what your trading experience is. Unlike other international and Australian Convex Finance exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Convex Finance with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Convex Finance how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Convex Finance?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Convex Finance for free.

Cold Storage

If you are holding Convex Finance as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Convex Finance. We are trusted by over three million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Convex Finance. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Convex Finance has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Convex Finance is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Convex Finance exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Convex Finance & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Convex Finance safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Convex Finance portfolio here.
Yes! With CoinSpot you can convert your Convex Finance to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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