Convex Finance (CVX) Logo Thumb Convex Finance CVX

Rank #91 Cryptocurrency

Price Convex Finance (CVX)
40,407.27434   2.27554%

Market Cap. : IDR 3,234,856,122,000 2.27554%

Convex Finance Price Live Data

The live Convex Finance price today is IDR 40,407.27434 with a 24-hour trading volume of IDR 120,734,909,020. We update our CVX to price in real-time. Convex Finance is 2.27554% in the last 24 hours. The current ranking is #91, with a live market cap of IDR 3,234,856,122,000. It has a circulating supply of 80,056,400 CVX coins and a max. supply of 0 CVX coins.

If you would like to know where to buy Convex Finance , the top cryptocurrency exchanges for trading in Convex Finance stock are currently Binance, OKEx, CoinFLEX, and CoinTiger.

Chart Convex Finance to IDR


What is Convex Finance (CVX)?

"CVX is the ERC-20 utility token of Convex Finance, which permits Curve Finance liquidity providers to earn boosted rewards. CVX tokens function as Convex Finance’s governance token, and can be locked in exchange for a portion of the platform's earnings."

Resources

Buying tips Convex Finance (CVX)

The combination of technical and non-technical analysis is very important before deciding to buy a crypto asset, in this case Convex Finance (CVX). Technically you can combine several indicators to get the right formula for determining the entry point Convex Finance. For example, you can use the MACD indicator to find the ideal crossover point, then combine it with the RSI to measure the saturation point of sellers and buyers.

Besides technical, non-technical factors also need to be analyzed. "News" can affect the price of an asset both in the short and long term, good news or a new project from Convex Finance can lead to positive sentiment which results in an increase in the exchange rate in trading. On the other hand, bad news from Convex Finance can have a depreciating effect on the asset's value. Apart from this, news or policies related to the global economy can also affect the value of Convex Finance. So make sure you have analyzed these factors before starting to trade.

In addition to entry points, you should also know when is the best time to sell Convex Finance. So when is the right time? the following are brief tips.

  • When the price Convex Finance is high, the first moment that could be a good time to sell Convex Finance is when the price the asset is high. It should be noted that in investing there is a rule that investors need to remember, namely 'Buy When Cheap and Sell When Expensive'.
  • Prices Convex Finance Rise In the Short Term, Very fast price fluctuations make investors Convex Finance too need to periodically monitor the price of a coin. Because, there is some momentum where crypto coins can experience price spikes in a short time. For those of you who use the PRO and PREMIUM tradingpoint features, you will get a notification(*) if Convex Finance experiences a significant increase. Well, if you get the time, then it's a good time to sell some of the Convex Finance owned. But usually, this condition occurs for small coins where the per-coin price range is not too high.
  • Trading volume Convex Finance high, Price increase & decrease chart Convex Finance can also be monitored through the transaction cycle happens to a crypto asset.

Those are some brief tips that you can use as parameters in buying or selling Convex Finance, of course, besides that there are many other indicators that you can use to trade/invest.