Where to Buy Chiliz (CHZ) Coin

The cryptocurrency market is expanding daily by introducing more special-purpose tokens and cryptos. Like BTC and ETH, the first-generation coins were intended to compete with the traditional payment methods of fiat currencies. However, new tokens with different features appear as the market is expanding.

One of the new tokens with a specialized utility case for the world of sports and entertainment is Chiliz (CHZ). It is a cryptocurrency that enables sports fans to have a unique experience with their favorite sports and clubs. Fans holding this cryptocurrency can have the authority to influence the decisions of their favorite sports teams. Isn’t it interesting?

Chiliz has provided the world’s first platform where fans can directly engage with their favorite sports teams. They can make decisions about the new uniform designs, stadium names, celebrating songs, and starting lineups. The teams that join this platform can also customize the fans’ engagement in the team’s decisions.

This was impossible before Chiliz, as fans could only see and praise their favorite teams back then. The most they could do was get an autograph from their favorite player or buy a product related to their favorite team or player. However, Chiliz has enabled a fan to influence the tamam decisions by holding CHZ tokens. At the same time, Chiliz has provided a unique way for sports teams to experience their most loyal supporters.

Continue reading this article to learn more about how this project works. It will discuss its history, tokenomics, use case, benefits, taxation process, etc. Furthermore, the article will walk you through where and how to buy CHZ. Finally, you can contrast the services of various exchanges that offer CHZ trading on their platforms. Let’s get started!

How to Buy Chiliz

Best Exchange to Buy Chiliz (CHZ) in November 2024

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How to Sign Up at eToro

Opening a free eToro account is simple because it is user-friendly, especially for beginners.

Step 1: Open an Account

Please follow the steps outlined below to open a new trading account.

1. On the eToro website, click the “Join Now” or “Trade Now” button.
2. On this page, you’ll find an electronic form where you can enter all your personal information needed to open a new trading account.
3. Please fill out this form with all of the required information.
4. eToro offers the option of logging in through Facebook or Gmail.
5. Please read eToro’s Terms & Conditions and privacy policy before submitting your information for consideration.
6. Please indicate your agreement with the terms by checking the appropriate box after reviewing them.
7. To submit your information, click the “signup” button.

eToro website homepage

Check out the eToro app guide if you want to use the mobile app for iOS or Android. It includes screenshots of how the app appears and functions.

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Step 2: Upload ID

First, you need to register with eToro. You can do this by giving some basic personal information, like your name, email address, and cell phone number. You’ll also need proof of your identity to complete the verification process.

Step 3: Make a Deposit

Deposit funds when you are ready. When you are ready to deposit money, go to the “Deposit Funds” section and enter the amount you want to deposit. A minimum deposit of $10 is needed to open an account with eToro, which can be done in several ways. For instance, payments can be made with debit cards, credit cards, bank transfers, Skrill, PayPal, and Neteller.

EToro does not charge deposit fees. Once you’ve chosen a payment method, click the “Deposit” button to finish the transaction.

Deposit methods on eToro

On November 09, 2021, eToro listed the Chiliz (CHZ) coin. Chiliz (CHZ) is the native token of Chiliz, a blockchain network that runs the Socios fan engagement app and allows sports fans to buy fans on the Chiliz sports exchange. Holders of fan tokens can vote on decisions for their favorite teams, gain access to exclusive platforms, and receive rewards from their teams by exchanging CHZ for fan tokens.

Step 4: Buy Chiliz 

Begin typing ‘Chiliz’ into the search bar at the top of the screen. When you see the cryptocurrency asset, click the ‘Trade’ button.

Searching CHZ on eToro

Step 5: Review Chiliz Price

This step will take you to an order page where you can enter the number of Chiliz coins you want to buy. After that, click the “Open Trade” button to add the CHZ to your account. We allow you to store your digital assets in a separate wallet from the trading platform. Some people use the eToro Crypto Wallet, which now has more than 120 currencies in addition to CHZ.

CHZ Price Chart on eToro

The good thing is, there’s no maker/taker fee on eToro as they solely charge buy/sell spread.

Step 6: Buy Chiliz

You can put $10 in the “Amount” box. To finish your order, click the “Open Trade” button.

Buy CHZ on eToro

Read more about how to buy cryptocurrency in 2024 here.

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Where to Buy Chiliz (CHZ) – Best Platforms

Chiliz (CHZ) is an Ethereum token that powers Socios.com, a platform that allows users to trade tokens to support professional sports teams. The tokens on Socios.com, known as Fan Tokens, entitle users to rewards and promotions, and they can also be used to influence team decisions through popular voting on the Chiliz blockchain.

Nonetheless, reviews of the best places to buy Chiliz can be found in our update. Our list of sites to buy CHZ  in 2024 contains their characteristics, fees, and reasons for their uniqueness. eToro has established itself as the top site for buying CHZ cryptocurrency. The platform is secure, offers competitive pricing, and is simple.

Best Brokers to Buy Chiliz

1- eToro

Founded in Israel in 2007, eToro has quickly become one of the world’s most well-known CFD brokers. The company, best known for introducing copy trading to the mainstream market, is worth more than $2.5 billion.

Retail investors can trade various financial instruments on an easy-to-use platform that offers thousands of CFDs covering stocks and ETFs, cryptocurrencies, forex, commodities, and indices. Is eToro still a good investment? Investors can access various useful tools, educational resources, and an easy-to-use platform.

The site and company offer a platform available in over 25 languages and approved by the Cyprus Financial Markets Authority. The site also includes an advanced analytics tool that allows users to identify trading opportunities, monitor performance, analyze their investment strategy, and identify areas for improvement. Additionally, you can now earn rewards for purchasing and buying Ethereum, Cardano, and Tron in your wallet.

Read more about how to stake crypto.

eToro is governed by some of the world’s most reputable regulatory bodies, including the United Kingdom’s Financial Conduct Authority (FCA). Furthermore, the Australian Securities and Investment Commission, the Cyprus Securities and Exchange Commission, and the Financial Industry Regulatory Authority (FINRA) are in charge of this (FINRA). Following CySEC regulations, user funds are kept separate from the platform’s operating capital for all CySEC-registered brokers. This is how the platform works.

eToro, like other companies, charges a small trading fee, including 0.75 percent, when buying or selling Bitcoin. The cost of converting bitcoins on eToro is only 0.1 percent on top of the existing margins. As a result, in 2022, eToro will be the market leader in cryptocurrency trading, with a strong preference for crypto-assets and CFDs.

eToro has a reasonable fee structure for its customers. Depositing eToro is free of charge. Deposit methods include bank wire transfer, credit or debit card, PayPal, Skrill, Sofort, and Netteller. The minimum deposit amount varies depending on the user region. Before trading, individuals in the United Kingdom and the rest of Europe, for example, must make a minimum deposit of $200. Users in the United States must make a $10 deposit.

Buying and selling on eToro can be done online and on handheld devices through their mobile app. The opening process of an eToro account is straightforward and takes a few minutes.

Update 2024 – Going forward, the only cryptocurrencies eToro customers in the United States will be able to trade on the platform will be Bitcoin, Bitcoin Cash and Ethereum.

Pros & Cons of the eToro platform:

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2 – Bitstamp

Bitstamp is a Luxembourg-based cryptocurrency exchange founded in 2011 by Nejc Kodri and Damijan Merlak. This well-established cryptocurrency exchange offers a low-fee cryptocurrency marketplace for professional investors and large financial institutions.

Bitstamp was one of the first Bitcoin exchanges in the cryptocurrency market, having been founded less than two years after the invention of Bitcoin.

Bitsamp best suits seasoned investors searching for a top-notch cryptocurrency trading platform. However, it is an excellent platform for users looking to make a single purchase of digital assets and store them on Bitsamp’s web-based cold storage wallet.

Payment Fees: Unlike most digital asset exchanges, Bitstamp charges relatively low transaction fees. The UK offers two deposit options. The first option is an international wire transfer, which charges only 0.05 percent of the amount transferred (very low compared to other crypto platforms). The second option is to make use of the complimentary Faster Payments service.

The withdrawal fee is also lower than the industry average – 0.1 percent for international wire transfers and 2 GBP for Faster Payment. Bitstamp’s only shortcoming is the high fee on credit card cryptocurrency purchases – 5% on any amount.

Unlike most online trading platforms, Bitstamp does not have a minimum deposit requirement. However, similar to Bittrex, it requires a minimum order of 50 USD/EUR/GBP, whereas some other exchanges may need a much higher minimum order.

Trading fees on Bitstamp: Bitstamp is widely regarded as a low-fee exchange, especially for highly active investors. The maximum trading fee is 0.5 percent if your daily volume is less than $10,000. (above the average in the industry, which is around o.25 percent ). However, as the investor’s total volume of transactions increases, the fees decrease significantly. As a result, if your volume exceeds $20,000,000, you may pay as little as 0% in fees. Individual investors should anticipate paying a fee of approximately 0.1 percent at Bitstamp.

Security: All investors performing critical account functions must now use two-factor authentication. Bitstamp claims to keep 98 percent of its digital assets offline in cold storage, with all assets insured. However, according to crypto exchange security evaluator CER, it ranked near the bottom of our review of crypto exchanges in terms of security, indicating that it may still have room to grow into a category leader.

Customer Support: Customer service is available 24 hours a day, seven days a week, including a phone support line for urgent inquiries.

Bitstamp listed Chiliz on August 23, 2021. The trading pair available for trading include CHZ/EUR.

Pros & Cons of the Bitstamp platform:

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3 – Huobi

Huobi Global, headquartered in Singapore, was founded in 2013. Initially based in China, the company relocated to Singapore in response to China’s cryptocurrency ban.

Rather than using the term “cryptocurrency exchange,” the exchange prefers to refer to itself as a “digital asset exchange.” It accepts initial coin offerings (ICOs) and trades over 350 cryptocurrencies.

According to the company, the future development of the blockchain economy will result in the creation of new categories of digital assets. Huobi Global is divided into three platforms: a global platform, a Huobi Japan platform, and a Huobi Korea platform. This exchange’s services are unavailable to traders in the United States. It provides a sophisticated trading environment, including margin and futures trading, interactive charts, and limit and stop orders.

The platform provides up to 5% leverage for margin trading. Huobi Global’s fee structure is highly reasonable and competitive compared to other firms.

Deposit: The minimum deposit amount is $100 USD, and additional fees such as deposit fees, transaction fees, and withdrawal fees vary by currency.

Fee: Those wishing to purchase cryptocurrency through Huobi must pay a higher fee. Both the maker and taker fees are 0.2 percent. Depending on the scale volume, it can also be as low as 0.1 percent.

Huobi Global provides customer service via email, telephone, online chat, ticket system, and social media platforms. It includes security features such as two-factor authentication, cold storage, account freezing, and Bitcoin reserves. On September 30, 2020, Huobi listed Chiliz (CHZ). – CHZ/USDT, CHZ/BTC, and CHZ/ETH are available trading pairs.

Pros & Cons of the Huobi platform:

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4 – Crypto.com

Crypto.com was founded in 2016 as a global cryptocurrency exchange. It is headquartered in Hong Kong and serves over ten million traders in over 90 countries. It enables you to trade over 250 cryptocurrencies at a low trading fee.

The unique selling point of the Crypto.com platform is that it enables users to stake their cryptocurrency.

By staking or holding them in a crypto.com wallet, users can earn up to 14.5 percent p.a. interest. The exchange provides additional services, including staking rewards, Visa card benefits, NFT trading, and DeFi products.

Crypto.com employs a variety of security measures, including multi-factor authentication or MFA. Additionally, it uses whitelisting to safeguard customer accounts. To guard against hacks and losses, the platform maintains compliance monitoring and stores customer funds in cold storage.

Deposit: This platform’s minimum account balance is set at $1. Maker/Taker commissions range from 0.04 to 0.40 percent. Purchases with a credit/debit card are charged at 0% or no fee for 30 days after account opening. Additionally, users can earn up to $2000 per referral.

Coinbase CHZ Listing: November 12, 2019

Pros & Cons of the Crypto.com platform:

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5 – Bybit

Bybit is a brand-new peer-to-peer (P2P) cryptocurrency derivatives exchange attempting to establish a foothold in the nascent cryptocurrency margin/leverage trading market. Despite its March 2018 launch, Bybit quickly gained traction and began enrolling customers in the Bitcoin trading community.

The exchange enables traders worldwide to trade leveraged margins on a select set of cryptocurrency assets, with up to 100x leverage available on BTC, ETH, EOS, and XRP.

Bybit, headquartered in Singapore, is a cryptocurrency-to-cryptocurrency exchange that does not require customers to submit to onerous KYC verification and currently trades up to $1 billion in daily volume.

Founders: In March 2018, Ben Zhou founded the company. Before being named CEO of the exchange, He served as general manager of XM, a forex brokerage firm.

Bybit Exchange’s primary product offering is perpetual futures with a leverage ratio of 100:1. This indicates that they intend to compete with established exchanges such as Binance and Phemex, which already offer comparable non-expiring futures contracts.

Pros & Cons of the Bybit platform:

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6 – Binance

Binance is one of the most active cryptocurrency exchanges in daily volume, transacting more than $20 billion daily. It gives users access to hundreds of assets and a friendly trading environment that makes profiting easy.

Binance’s most distinguishing features include low fees, a robust charting interface, and support for hundreds of coins. Unlike eToro, Binance is a cryptocurrency exchange that does not offer copy trading, foreign exchange, commodities, or other financial services.

Binance employs two-factor authentication (2FA) and FDIC-insured deposits in US dollars (USD). Binance also protects its customers through device management in the United States, address whitelisting, and cold storage.

Fees for buying and trading range between 0.015 and 0.10 percent, 3.5 percent or $10 for debit card purchases, whichever is greater, and $15 for US wire transfers.

On September 06, 2019, the CHZ token was listed on Binance and is now available for trading. Additionally, Binance has launched ACHZ/BTC, CHZ/BNB, and CHZ/USDT trading pairs.

Pros & Cons of the Binance platform:

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7 – Coinbase 

Coinbase was founded in San Francisco and is widely regarded as having one of the largest user bases of any Bitcoin trading platform. Coinbase was the country’s first major cryptocurrency exchange to go public, listing on the Nasdaq in April at $381, valuing the exchange at $99.6 billion fully diluted.

Coinbase enables the purchase and sale of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and over 50 others. Additionally, it can be used to convert currencies and send and receive cryptocurrency. Coinbase, similar to stock trading apps, displays the current cryptocurrency price and trend, your portfolio, and industry news. To trade, visit the Coinbase Pro exchange, less expensive than the leading Coinbase site. Coinbase Pro functions more like a broker.

On the Coinbase Pro exchange, limit, and market orders for Chiliz can be placed. For the first $10,000 in volume traded in 30 days, the maker/taker fee is 0.5 percent; after that, it is 0.35 percent. If your 30-day volume exceeds $300 million, you can trade cryptocurrency for free without paying a maker fee. Chiliz (CHZ) has been available on Coinbase.com and in the Coinbase Android and iOS apps since June 18, 2021.

Pros & Cons of the Coinbase platform:

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8 – KuCoin

KuCoin, founded in 2017, is a global cryptocurrency exchange that provides various trading options to its eight million customers. Spot, futures, margin, peer-to-peer (P2P), and staking and lending are all available.

Johnny Lyu is the Co-Founder and Chief Executive Officer of KuCoin, one of the most well-known cryptocurrency exchanges in the world. KuCoin has risen to prominence as one of the most popular cryptocurrency exchanges. It has over 8 million registered users from 207 countries and territories worldwide.

Deposit and Withdrawal: KuCoin does permit the purchase of bitcoins using fiat currency, but only via a third-party application. Payments must be made with a credit or debit card, Apple Pay, or Google Pay; bank transfers are not accepted. However, the fees may be excessive.

Additionally, you will be required to purchase a specified amount of one currency immediately. For instance, you could invest $200 in Tether (USDT), a stablecoin pegged to the US dollar. Then, Tether can be used to purchase other currencies. You couldn’t simply deposit $200 and wait for the optimal investment opportunity. Other exchanges permit you to deposit funds and choose how and when to spend them.

KuCoin Transaction Fees: Kucoin’s trading fees are simple. The platform charges both makers and takers 0.1 percent, making it one of the most affordable Bitcoin exchanges available online. You can further reduce your fees if you own the platform’s native Kucoin tokens. Chiliz (CHZ) was listed on KuCoin on July 16, 2019, and initially supported trading pairs of CHZ/BTC.

Pros & Cons of the KuCoin platform:

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9 – Bitfinex

Bitfinex is a well-known cryptocurrency exchange where users can purchase, sell and trade digital coins. The Hong Kong-based portal was launched in 2012. Because Bitfinex’s trading area includes a robust set of chart analysis tools, intermediate and professional traders are more likely to use it.

Except for cryptocurrency, wire transfers are the only method of depositing and withdrawing funds. Bitfinex, like Coinbase, is one of the few platforms that enable users to short cryptocurrencies and trade using leveraged strategies.

Founders: Bitfinex was founded in December 2012 as a peer-to-peer Bitcoin exchange, providing customers worldwide with digital asset trading services.

Bitfinex Securities Ltd., a provider of blockchain-based investment products, has opened a regulated investment exchange (Bitfinex Securities) in the AIFC to facilitate members’ access to a diverse array of financial products. As a result, Bitfinex is entirely unregulated. While the corporation’s headquarters are in Hong Kong, the British Virgin Islands are where it is registered.

Fees and deposit limits: For bank transfer deposits, Bitfinex charges a 0.1 percent fee. For example, if you deposit $10,000, you will be charged a fee of $10.

Fees for withdrawals: Bitfinex charges a 0.1 percent fee via bank transfer. If you require funds within 24 hours, you can pay a 1% expedited fee.

On November 15, 2019, Bitfinex listed Chiliz (CHZ). CHZ can be purchased in exchange for US Dollars (CHZ/USD) or Tether tokens (CHZ/USDt).

Pros & Cons of the Bitfinex platform:

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What is Chiliz?

Chiliz is a blockchain platform where sports teams, clubs, and their global fan base can engage directly. It was founded in 2018 in Malta to enable sports fans to have an influence to some extent on their favorite sports team or club. They can access this authority by holding a certain number of CHZ tokens.

The company Chiliz operates a platform named Socios.com, which is dedicated to spotting entertainment purposes. Here, users or fans can purchase multiple fan tokens to unlock the platform’s services, including connecting with their favorite teams. Furthermore, token holders can also earn rewards and have a vote right in the decision-making process of selected sports teams.

The tokens can be bought from famous, internationally recognized sports teams and clubs. Some of the most renowned teams associated with Chiliz and socio.com are FC Barcelona, Manchester City, AS Roma, Paris Saint-Germain, OG, CAI, and UFC.

Chiliz Ecosystem:

The Chiliz ecosystem consists of three main projects: the Chiliz blockchain, Socios.com, and Fan Tokens Chiliz.net.

Chiliz Blockchain: Chiliz is a payment and cryptocurrency platform with a target consumer base in the sports industry. It enables a one-of-its-kind experience for fans by engaging them with the sports team of their liking. Meanwhile, it also allows them to earn rewards and monetize them through participation in contests, polls, surveys, etc.

Socios.com: Socios.com is a first-of-its-kind fan engagement platform and ecosystem built on the Chiliz blockchain. They have their website and mobile app. It allows fans to purchase and use Fan Tokens in exchange for the ability to vote and participate in polls and surveys. In addition, socios.com also provides incentives and rewards to the fans based on their active engagement in the ecosystem.

Chiliz.net: It is a dedicated cryptocurrency exchange for Fan Tokens. It is the world’s first tokenized sports exchange where sports and cryptocurrency fans can trade Fan Tokens. The base asset across the Chiliz exchange is the native token of the Chiliz blockchain, CHZ. It means all the Fan Tokens available on Chiliz.net are paired with CHZ. You can download the Chiliz Exchange App for Android and iOS.

These tokens represent major sports stars and teams behind the tokens. These tokens grant access to various services the issuing sports teams and organizations provide to their fans. They can be bought, sold, and transferred through Socios.com. Some of their examples are $TH from Heretics, $CITY from Manchester City, and $PSG from Paris Saint-German. Fans with Fan Tokens can spectate to become active contributors to their sports teams.

Chiliz Fundamentals

When did it start: 2017?

Alexandre Dreyfus is the CEO of the company. Sam Li, Nicolas Maurer, and Dr. Disrespect are among the other partners.

It’s a native token: CHZ.

What it does: Chiliz is a leading cryptocurrency for sports tokenization. It also powers the world’s first fan engagement and reward app, socios.com. Fans can buy, sell, exchange, and trade the branded Fan Tokens. They can also vote in polls and surveys. The blockchain also operates the world’s first cryptocurrency exchange for sports called Chiliz.net. Here, fans can speculate and trade their Fan Tokens bought on Socios.com.

How does it work? The Chiliz blockchain uses a permissioned Proof of Authority (PoA) consensus mechanism.

CHZ Use Case: CHZ is a utility token that is used in the world of sports and entertainment. It is built on the Chiliz blockchain and is used to power the network. The token started on Ethereum and Binance Chain, which makes it an ERC-20 and BEP-2 token. CHZ ownership is needed to participate in the Fan Token Offering as well as Locker Rooms (the initial fan-token sale).

Is it Worth Buying Chiliz (CHZ) in 2024?

In e­sports and gaming, cryptocurrencies relate­d to this thriving industry have gained significant attention from the­ crypto community. Among these eme­rging tokens connected to sports, Chiliz stands out as an appe­aling option for long-term investment pote­ntial.

Chiliz has eme­rged as a prominent contende­r in the sports-related crypto marke­t, gaining recognition and amassing a growing number of CHZ coin holders. Its advantage­ous first-mover position has solidified its reputation. Chiliz’s price­ history also adds to its appeal as an investment opportunity. On March 13, 2021, the­ coin soared to its highest value e­ver recorded at an impre­ssive $0.889434. In stark contrast, its lowest point occurred on Se­ptember 27, 2019, reaching $0.003960.

Since re­aching its all-time high (ATH), Chiliz’s lowest price has be­en $0.059043, referre­d to as the cycle low. On the othe­r hand, it is the highest price since the­ last cycle low was $0.085104, known as the cycle high. De­spite some bearish se­ntiment in Chiliz’s price prediction, the­ Fear & Greed Inde­x currently sits at 49, signaling a neutral outlook.

At prese­nt, Chiliz is valued at $0.076743 and boasts a 24-hour trading volume of $42.34 million, a market cap of $545.56 million, and a marke­t dominance of 0.05%. In the past 24 hours, CHZ expe­rienced a modest incre­ase in price of 0.27%.

The circulating supply of Chiliz is curre­ntly at 7.11 billion CHZ, with a maximum supply of 8.89 billion CHZ. It’s worth noting that the yearly supply inflation rate stands at 18.47%, re­sulting in the creation of 1.11 billion CHZ over the­ past year. Regarding market cap, Chiliz holds an impre­ssive rank of #6 in the NFT Tokens se­ctor.

In light of Chiliz’s strong prese­nce in the sports-relate­d crypto market, its price history, and current marke­t performance, it become­s evident that CHZ eme­rges as a formidable contende­r for a valuable investment opportunity in 2023. As e­sports gains increasing popularity among young individuals, Chiliz’s unique position as the pione­ering fan token based on sports ope­ns up the potential for substantial gains for investors se­eking long-term growth and exposure­ to this rapidly evolving sector.

Will the Price of Chiliz (CHZ) Go Up in 2024?

The ye­ar 2022 presented significant challe­nges for numerous cryptocurrencie­s. Geopolitical tensions, marke­t crashes, and economic uncertaintie­s marked it. However, in the following ye­ar of, 2023, the cryptocurrency landscape e­xperienced a positive­ transformation. During the initial months of this year, seve­ral digital assets showed a strong resurge­nce.

Per this upward tre­nd, experts are optimistic about the­ future of Chiliz (CHZ) in 2023. They predict significant price­ gains for this cryptocurrency asset. Analysts have e­stimated an average price­ of $0.18 for Chiliz and believe its value­ may even peak at $0.20.

Ongoing deve­lopments within the Chiliz network support a positive­ outlook. A significant milestone occurred in May 2023 whe­n the Chiliz Chain mainnet was officially launched, re­volutionizing the intersection of blockchain and sports. The­ Chiliz Chain stands out as an innovative and pioneering blockchain infrastructure­ explicitly designed for sports and e­ntertainment, gaining widespre­ad attention for its unique approach.

📣 Today marks a major milestone in the world of blockchain and sports! ⚽🏀⛓️

The Chiliz Chain mainnet, the first-of-its-kind blockchain infrastructure for sports and entertainment is officially live!

Welcome to The Sports Blockchain_ #ChilizChain ⚡️ $CHZ pic.twitter.com/EILdWmvEeL

— Chiliz – The Sports Blockchain ⚽🏆 (@Chiliz) May 10, 2023

The Chiliz e­cosystem has seen se­veral advancements in re­cent months. A significant milestone was re­ached when the one­-million transaction took place on the Chiliz Chain, marking the succe­ssful migration of Fan Tokens to the platform. Additionally, ONTOWallet has inte­grated the Chiliz Chain, ensuring se­cure custody of both $CHZ and Chiliz Chain Fan Tokens.

1,000,000th Transaction on Chiliz Chain ✅

While Fan Tokens are currently being migrated to Chiliz Chain, we have hit the one-millionth transaction! 🌶️🙌

Thank you everyone for using our Layer-1 Sports Blockchain_ ⛓️⚽️🏀#ChilizChain ⚡️ $CHZ pic.twitter.com/P7BEQqENeB

— Chiliz – The Sports Blockchain ⚽🏆 (@Chiliz) July 26, 2023

Chiliz continues to push forward with its groundbre­aking initiatives in the sports and ente­rtainment blockchain space, gaining recognition for its pote­ntial growth and resilience in the­ crypto market of 2023. Market expe­rts maintain an optimistic outlook on Chiliz’s future prospects.

Chiliz Price Prediction: Where does Chiliz (CHZ) go from here?

In cryptocurre­ncy predictions, the CHZ token has caught the­ attention of two reputable algorithm-base­d forecasting websites. The­se websites, Walle­t Investor among them, have e­xpressed a positive outlook for this digital asse­t. According to their assessments, it is proje­cted that by the end of 2023, the­ value of the CHZ token may range­ between $0.16 and $0.18.

Howeve­r, based on the available data as of August 06, 2023, it se­ems that the gene­ral sentiment towards Chiliz’s price pre­diction is neutral. Of the technical analysis indicators, 15 signal bullish tre­nds, while an equal number of 15 indicate­ bearish trends. This balanced pe­rspective suggests unce­rtainty and allows for potential fluctuations in the value of CHZ toke­n throughout the year. Investors and trade­rs who are intereste­d in this cryptocurrency should keep a close­ eye on market tre­nds to make well-informed de­cisions.

Chiliz (CHZ) Price Prediction 2023

The average price for 2023 is expected to be around $0.18, while the maximum price of this token will be $0.20.

Chiliz (CHZ) Price Prediction 2024

The year 2024 is expected to offer considerable returns to the investors of this cryptocurrency as it is predicted that the average price of Chiliz will be around $0.25. The maximum price that this crypto would hit in 2024 is expected to be about $0.29.

Chiliz (CHZ) Price Prediction 2025

Following a similar trend, Chiliz will continue its positive run on its price charts in 2025. The average price of this crypto would be around $0.35, while the maximum value of Chiliz would reach the figure of $0.42, thereby giving excellent returns to its investors. Further, some prediction tools even state that Chiliz would surpass the $1 or even $1.5 level by 2025.

Update – see our newer Chiliz price prediction around World Cup season 2022.

Summary

Chiliz Network has made the impossible come true by establishing a platform where fans can influence the decisions of their favorite sports teams through voting rights. A direct connection and engagement of fans were not possible in the past. However, Chiliz has made this possible and provided ways to monetize the fan demand for those voting rights. On the other hand, fans can also earn rewards of real value through Fan Tokens and CHZ tokens by participating in events and contests and showing active engagement. The Chiliz ecosystem comprises many platforms, including socios.com, Chiliz.net, Chiliz blockchain, CHZ token, and Fan Tokens.

If you are a sports lover and want a unique and first-of-its-kind fan engagement experience in your favorite team’s decision, you should buy the CHZ token. Because sports fans are highly invested in their favorite teams and clubs, the CHZ token has enormous growth potential. That is why, in just four years, the CHZ token has risen to the top 75 list of cryptocurrencies.

Numerous cryptocurrency exchanges provide CHZ trading pairs. One of the highly regulated brokers that we recommend is eToro. The platform is, of course, licensed and regulated by the FCA and has one of the best reputations in the industry. Furthermore, eToro provides a wealth of educational resources to help those new to the market learn the ropes.

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