CONV is the token of Convergence Finance. Convergence Finance runs a complete set of products for DeFi, all under one roof.
One of the products is ConvX, an AMM-based decentralized exchange to provide a liquid market for the people to swap private-sale tokens, especially those launched within Convergence.
Another is ConvO, the launchpad that offers a unique opportunity for investors who want to get in on the ground floor of exciting new startups. The platform gives everyone access to pre-sale tokens from some of the most promising companies in the blockchain space.
Convergence is based on ETH but set out to solve the problem with lacking infrastructure for IDO (initial dex offering) on any chain, via cross-chain compatibility.
CONV coin staking
Convergence is a DeFi coin with a DEX. Obviously, an AMM-DEX needs liquidity providers. That means LP staking is available, you can yield income from liquidity provision for several CONV pairs.
You can also use the Convergence staking pools to simply stake the CONV coin for profit. The best place to farm CONV tokens is right in the native Convergence pool (ConvPool).
Convergence provides a guide to staking on the ConfPool here.
Where to buy CONV coin for fiat
Buying CONV coin directly for fiat will need you to get KYC verified. There’s a couple of exchanges that list CONV and let you buy it for fiat, the largest one is FTX.
Binance and Bitfinex don’t list CONV.
Where to buy CONV coin without KYC
Unsurprisingly, CONV coin is not available in the USA sister platforms of neither Binance nor FTX. If you have no access to FTX.com and want to buy CONV coin right now, you will need to do the two-step process.
First buy USDT (Tether) on any exchange that lets you and then trade your Tether for CONV coin on LATOKEN. LATOKEN is a no-KYC exchange that lists a CONV/USDT market.
Where to trade CONV coin
If all you want to do is speculate on the price of CONV coin, then you will probably want to make an account at FTX.
In case you trade a lot of low cap alts, you can always trade CONV on LATOKEN spot market. LATOKEN is an exchange that specializes in low cap alt coins.
FTX has the industry’s lowest trading fees - just 0.02% for limit orders and 0.07% for market orders on spot or derivative markets. You may also add 5% referral code savings, as well as exchange token savings if you decide to hold FTT. Use FTX referral code
Crypto wallets that support CONV coin
CONV coin can be stored in Metamask.