Skip to main content

Chiliz (CHZUSD)

As of the 6th of January 2021, cryptocurrency instruments will not be available to retail clients in the UK.

Chiliz is one of the largest blockchains for crowdfunding for eSports and gaming. The idea for Chiliz and the Socios.com platform was first conceived in 2016, with the products' official launch coming in 2019. The token lets fans support their favourite sports teams through blockchain-based interactions.

The platform lets fans buy tokenised voting rights for teams they support. Juventus Football Club was the first team to launch a team token on Socios.com. Since then, over a hundred different teams have joined the platform. Chiliz attracts participants from a wide variety of sports, including football, basketball and eSports teams.

Chiliz lets fans participate in managing their favourite teams. By buying fan tokens, users receive the right to vote in voting announced by teams on Socios.com. This further enhances the decentralisation features that Chiliz' blockchain offers.

Trading opportunities 

The tokens started trading in 2019.

CHZUSD's average intraday volatility is 19.8%.

How to buy and sell CHZUSD

You can buy and sell CHZUSD on specialised cryptocurrency exchanges. but the best way to trade it is through a broker or trading platforms, such as MetaTrader 4 or Libertex, where trades are easier to make, leverage can be used, and you can even earn if the cryptocurrency's value goes down.