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How to buy CVX coins? CVX Coin Buying and Trading Tutorial Introduction

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2024-06-25 20:07:02934browse

The full English name of CVX coin is Convex Finance. CVX coin is the native platform token of Convex Finance. On this platform, users can obtain certain platform fees by pledging CVX coins, and the pledged CVX is in the form of cvxCVR to obtain part of it. For platform fees, CVX will reward CVR users and the Curve.fi liquidity pool in a certain proportion based on the CVR generated by the platform.

The latest price of CVX currency

$3.433 ≈ ¥24.7176

Introduction to the CVX currency buying and trading tutorial

CVX currency has been listed on the Ouyi OKX exchange. Today, the editor of the currency circle will take the Ouyi Exchange as an example , an introduction to the CVX currency buying and trading tutorial for investors. The detailed steps are as follows:

1. Open the official website of OKX Exchange, click the [Register] button at the top right of the page to enter the registration page, and enter your email address on the home page.

How to buy CVX coins? CVX Coin Buying and Trading Tutorial Introduction

2. Slide the slider to the right, complete the puzzle for verification, and then enter the verification code received by email. The verification code is valid for 10 minutes.

How to buy CVX coins? CVX Coin Buying and Trading Tutorial Introduction

3. Then enter your mobile phone number and click "Verify Now"

How to buy CVX coins? CVX Coin Buying and Trading Tutorial Introduction

4. Enter the six-digit verification code received on your phone, which is also valid for 10 minutes

How to buy CVX coins? CVX Coin Buying and Trading Tutorial Introduction

5. Select residence Country/Region, check the Terms of Service, "Risk and Compliance Disclosure" and Privacy Policy and Statement

How to buy CVX coins? CVX Coin Buying and Trading Tutorial Introduction

6. Create a password that must be 8-32 characters in length, 1 lowercase letter, 1 uppercase letter, 1 number, 1 symbol, such as: ! @ # $ % and other conditions

How to buy CVX coins? CVX Coin Buying and Trading Tutorial Introduction

7. After registering an account, identity authentication is required before trading. Find "Asset Management" - "Identity Authentication" on the homepage and follow the prompts

How to buy CVX coins? CVX Coin Buying and Trading Tutorial Introduction

8 .After the certification is completed, you can conduct transactions. Click "Buy Coins" - "C2C Buy Coins" on the homepage. After selecting the appropriate merchant, follow the prompts. 9. Log in to the Ouyi official website account and go to the homepage. Click "Trade" - "Basic Transaction" to enter the transaction page

How to buy CVX coins? CVX Coin Buying and Trading Tutorial Introduction

10. Search for the currency abbreviation CVX, select the CVX/USDT trading pair, and you can see the real-time CVX market

How to buy CVX coins? CVX Coin Buying and Trading Tutorial Introduction

11. Fill in the CVX purchase For the quantity, click Buy. If it is selling, fill in the CVX selling amount and click Sell. Note: The minimum transaction quantity of CVX is 0.1CVX

How to buy CVX coins? CVX Coin Buying and Trading Tutorial Introduction

CVX Coin Value Analysis

CVX is the native platform token of Convex Finance. Staking CVX can earn platform fees. Staked CVX will receive a portion of its platform fees in the form of cvxCRV (tokenized veCRV). CVX rewards CRV subscribers and the Curve.fi liquidity pool in proportion to the CRV generated by the platform. How to buy CVX coins? CVX Coin Buying and Trading Tutorial Introduction

Convex allows Curve.fi liquidity providers to earn trading fees and claim CRV boosts without locking CRV themselves. Liquidity providers can earn increased CRV and liquidity mining rewards with minimal effort.

If you want to stake CRV, Convex allows users to charge transaction fees as well as the share of raised CRV received by liquidity providers. This allows for a better balance between liquidity providers and CRV stakeholders as well as better capital efficiency.

Convex has no withdrawal fees and minimal performance fees to pay for gas and distribute it to CVX’s stakers.

CRV stakers and liquidity providers also receive liquidity mining rewards in the form of CVX.

Convex allows liquidity providers to earn trading fees and claim CRV boosts without locking CRV themselves. Liquidity providers can effortlessly earn boosted CRV and liquidity mining rewards:

·Earn high CRV boosts for claiming rights without locking any CRV

·Get CVX rewards

·Zero deposit and withdrawal fees

·Zero fees for additional bonus tokens (SNX, etc.)

·Comprehensive introduction to CVX coins

Convex Finance is built with safety and security in mind. However, there are inherent risks when interacting with any decentralized finance smart contract. Our team actively reviews its smart contracts and seeks external auditors to identify potential vulnerabilities in the platform prior to release.

Even so, the possibility of losing some or all of your money is not zero. Please exercise caution and work within your own risk framework when interacting with the Platform.

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