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How to buy Chiliz (CHZ)
A beginner's guide to buying and selling CHZ in the US.
How to buy Chiliz
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Chiliz.
- Open an account on an exchange that supports CHZ.
Most exchanges require an email address, phone number and proof of ID to register.
- Deposit funds into your account.
Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Chiliz.
- Buy Chiliz.
Complete your Chiliz purchase and then find the best wallet to store CHZ.
What is Chiliz?
Chiliz is a cryptocurrency that allows fans to support and engage with their favorite sporting teams. It’s an exclusive currency for Socios.com, an engagement platform for sport fans.
On the Chiliz exchange, you can use Chiliz to buy “fan tokens” from sports teams such as FC Barcelona, Paris Saint-Germain and Juventus. And in turn, you can use these “fan tokens” to vote on decisions about the team – for example, what music to play in the stadium when the team scores a goal. The “fan tokens” can also be used to claim rewards, such as signed official merchandise and free match tickets.
Fan tokens in turn are also limited in supply which means only a limited number of fans have access to rewards and voting rights.
Chiliz (CHZ) is the 51st largest cryptocurrency in the world by market cap, valued at $2,825,088,766. The current price of Chiliz is $0.529, which is 0.053% lower than yesterday. Prices have ranged between $0.556 and $0.464 over the past 24 hours. All prices are listed in US dollars and accurate as of April 21, 2021 06:04 UTC.
Where to buy ChilizFind an exchange to buy, sell and trade CHZ by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Chiliz coin priceUse our graph to track the performance of CHZ over time.
Chiliz at a glance
|Total CHZ supply||8,888,888,888|
Chiliz price performance over time
How to sell Chiliz
You can cash out your CHZ with the same exchange you bought it through:
- Sign in to the exchange you have CHZ on.
If you store your Chiliz in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of CHZ you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of Chiliz.
What to consider when buying ChilizInvesting in a cryptocurrency can be complicated and speculative, which is why it's important to do research to make sure you understand what you're buying and the purpose of the investment. Here are some of the unique things to consider before you buy Chiliz:
- Supply. The total supply of Chiliz is capped at 8.8 billion, with a circulating supply of 5.6 billion according to CoinMarketCap as of April 2021.
- Purpose. When buying Chiliz it's important to consider why you're buying it. Are you buying Chiliz as a short-term or long-term investment or are you purchasing Chiliz to reap the rewards as a sports fan? If the latter, you would want to make sure your favorite sports team is on the Socios.com platform and what rewards are available for fan token holders.
- Investing in fan tokens. Instead of investing in Chiliz directly, you can also use Chiliz to invest in fan tokens. For example, when the FC Barcelona Fan token ($BAR) began trading in June 2020 its price rose by 200% in the first 5 minutes of trading. As of April 2021 $BAR is trading around US$29.00, up from US$6.60 in June 2020.
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