Buy Chilliz (CHZ)

Chiliz (CHZ) is a cryptocurrency and blockchain-based platform designed to revolutionize the way fans engage with their favorite sports teams and organizations. It aims to provide a unique fan engagement experience by leveraging blockchain technology to create digital assets known as Fan Tokens. These Fan Tokens represent ownership and voting rights, allowing fans to participate in various decision-making processes of their favorite sports teams, such as selecting team merchandise designs, choosing matchday activities, and even voting on specific managerial decisions.

Chiliz operates on its own blockchain called the Chiliz Chain, which is built using a hybrid Proof-of-Authority (PoA) consensus mechanism. This allows for fast and efficient transaction processing, ensuring quick voting and decision-making processes on the platform. The Fan Tokens are minted using the Chiliz Chain and are unique to each sports team or organization. Fans can acquire these tokens through various means, including purchasing them from the Chiliz exchange or participating in token offerings known as Fan Token Offerings (FTOs). Once fans acquire Fan Tokens, they gain access to a range of exclusive benefits and experiences. These can include VIP rewards, special promotions, discounts on merchandise, and enhanced engagement with their favorite teams. Fans can also use their Fan Tokens to vote on team-related matters through the Socios.com platform, which serves as the primary interface for fan engagement. The voting results are recorded immutably on the Chiliz Chain, ensuring transparency and integrity in the decision-making process.

Follow the steps below to easily and securely buy Chilliz.

1. Sign up

   Create an account with a reputable crypto platform like Finst.

2. Deposit EUR

   Deposit Euros using payment methods like iDEAL, Bancontact, or SEPA.

3. Start investing

   Buy Chilliz and securely store it on our platform.

You can securely store your Chilliz in your Finst wallet. Some cryptocurrencies also support external wallets, allowing you to send your crypto to your own wallet if desired. We use state-of-the-art security measures to keep you and your crypto safe.

We work with Fireblocks, one of the most trusted crypto security infrastructure providers, to safely store your Chilliz. They make use of Multi-Party Computation (MPC) technology which is an advanced cryptographic technology used to protect your digital assets.

Additionally, Finst is the first and only Dutch crypto platform that has successfully conducted an extensive Proof of Reserves (PoR) audit. With Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, at Finst, you can easily buy Chilliz with iDEAL. We also support popular payment methods like SEPA and Bancontact.

At Finst, you can start investing in Chilliz with as little as €1. For many coins, it is not necessary to buy a whole coin.

Yes, it is safe to buy Chilliz through Finst. We are registered as a Crypto Service Provider (no. R189158) with the Dutch Central Bank (DNB), and we are the first and only Dutch crypto platform that successfully obtained a Proof of Reserves (PoR) from an independent and reputable audit firm (Audit Now). At Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, buying Chilliz is legal in Europe. However, we advise you to do your own research before making a purchase.

Investing in cryptocurrencies like Chilliz involves risks of losses. You can lose (part of) your deposit. Before you decide to buy Chilliz, it is important to understand the risks.

Volatility: The price of Chilliz can fluctuate significantly. This means that its value can rise and fall quickly.

No guaranteed profit: Previous price increases do not guarantee future returns. Therefore, only invest money that you can afford to lose.

External factors: The price of Chilliz is influenced by external factors, such as economic conditions and the actions of influential individuals, governments, and institutions. These factors can have a positive or negative impact on the price.

When you buy Chilliz through Finst, you benefit from the most competitive trading fees of 0,15% per transaction.

Any fees you may encounter when trading crypto are clearly shown for every transaction on our platform.

It's important to note that network fees are outside of our control, as they are determined by the blockchain networks themselves.

This means that while network fees may vary depending on the blockchain and current demand, our trading fee remains consistent, helping you better manage your transaction costs.

No, due to laws and regulations, it is not possible to buy Chilliz or other cryptocurrencies anonymously on a regulated crypto platform in Europe.