Where to Buy Chiliz (CHZ) in 2024 – The Ultimate Beginners Guide

Interested in learning how to buy Chiliz cryptocurrency but not sure where to begin? This guide simplifies the process, helping you find the cheapest and safest way to buy CHZ in 2024.

The sports and entertainment focused crypto is widely popular and listed with all the top altcoin exchanges. In this guide, we will also discuss the four best places for beginners to buy Chiliz, what Chiliz is and whether CHZ tokens are worth buying by looking the token’s price predictions.

How to Buy Chiliz (CHZ) – 4 Simple Steps

Here is a quick guide to buying Chiliz tokens in 2024 via a regulated crypto trading platform. The process is quick and straightforward – taking no more than a few minutes. You can also start buying Chiliz on eToro with just $10.

• Step 1: Open an account with a crypto exchange – Chiliz is listed on hundreds of crypto exchanges, so the first step is to select a provider. eToro is a good option for beginners – it has a low minimum investment requirement of $10. Visit the eToro website to open an account – it takes less than five minutes to complete.
• Step 2: Make a deposit – You need to deposit at least $10 into eToro before you can start buying Chiliz and all the hottest cryptos listed here. The platform supports all the popular payment methods – from cards to bank deposit and even PayPal.
• Step 3: Search for Chiliz crypto – There is a search bar on the home page of eToro. Enter the word ‘Chiliz’ or CHZ’ and hit on the ‘Trade’ icon that pops up.
• Step 4: Buy Chiliz – Customize this Chiliz investment by indicating how much you want to invest in Chiliz. Hit the “Open Trade” button to complete the trade.

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

We will provide you with a more detailed walkthrough of the crypto buying process on eToro below. We will also cover the most common ways of buying Chiliz as well as the coin’s historical price performance. First, though, we need to learn where to buy Chiliz. We also hint on what you need to consider when choosing the best crypto exchanges for beginners below.

Where to Buy Chiliz – Best CHZ Exchanges Reviewed

When searching for the best crypto trading platform, you will need to consider a number of factors. The most impactful include its user-friendliness, safety, and the cost of trading. Others are its customer friendliness, liquidity, reputation and regulation status, crypto library, funding methods, and mobile friendliness.

We used these metrics to vet tens of the most popular crypto trading platforms. Eventually, we settled on the following as the best places to buy Chiliz in 2024.

1. eToro – Overall Best Place to Buy Chiliz in 2024

eToro is our top choice for the best crypto exchange for beginners investing in Chiliz. Of the many factors we liked about eToro, user-friendliness, ease of use, safety, and transparency topped our list. The first thing you’ll notice about the highly reputable trading platform is that it has an easy and straightforward client onboarding process.

Its crypto trading platform is also highly navigable, and all the key features are clearly displayed. The crypto-buying process is also easy. You can, for example, buy cryptos instantly using your account balance or the supported deposit methods. Not forgetting that eToro supports fractional investing. This means you can invest in cryptos like Chiliz with only $10. The trading fee is fixed at only 1% of the trade volume.

eToro also makes it possible for complete beginners to make money with crypto. You only have to use its copy trader tool, which mirrors the trade settings of the most successful traders on your account. The only catch here is that you need $200 to start copy trading. Alternatively, buy cryptos like ETH and choose to stake them to earn up to 6% in annual interest.

We also appreciate that eToro is one of the safest crypto exchanges around, as it has never been hacked. It even provides you with two ultra-safe digital wallets. First is the exchange-based web wallet that holds 90%+ of your private keys offline. Second is the non-custodial eToro Money wallet for iPhones and Androids. eToro also client deposits – up to $250,000 with FDIC for US residents.

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

2. KuCoin – The Best Crypto Exchange for Passive Investing and Extensive Crypto Library

You can buy Chiliz tokens on KuCoin – one of the ten most liquid crypto exchanges. But you can also buy 700+ other digital assets. This implies that the altcoin exposes you to not just the most promising cryptos like Chiliz but also all the best cryptos to buy for beginners. KuCoin even integrates an NFT marketplace, exposing you to all the popular NFT projects.

You will want to buy CHZ on KuCoin because it appeals to both beginner and pro traders. It has an intuitive and highly navigable trading interface. The crypto buying process is also straightforward and even a P2P platform where you can buy cryptos fee-free. You can even buy cryptos instantly with cards on KuCoin. Not forgetting the content-rich educational resources hosted on the platform.

To draw in professional traders, KuCoin trading platform integrates a wide range of advanced trading and analysis tools. Its deep liquidity, many trading pairs, and fast processing fees make it one of the best crypto exchanges for active traders. We also appreciated its multi-platform nature. Their feature-rich crypto trading app, especially comes handy in helping you place order or monitor trades on the move.

You would also like KuCoin as it exposes you to a wide range of passive investing tools. These help beginners make money while they learn how to trade cryptos. They include savings, KCS bonuses, dual investing, staking, high-yield promotions, and even crypto lending. You may also opt to use one of the many trading bots integrated here to automate your crypto trades.

3. Binance – The Best Place to Buy Chiliz for Deep Liquidity and Low fees

Binance is the most popular and arguably the most accessible crypto exchange. This is evidenced by its 180+ million registered users from 200+ crypto-friendly countries and territories. It is the best place to buy Chiliz today because of its highly competitive crypto trading fees. When buying CHZ on Binance, for example, you will be charged a volume-based maker/taker fee of between 0.1% and 0.012%.

In addition to Chiliz you can invest in 400+ of the best cryptos to buy for beginners on Binance. And Binance exchange presents you with multiple ways of buying these assets. For starters, you may choose to buy cryptos instantly with cards. Investors can also buy cryptos on Binance via third-party platforms like Moonpay and Simplex. They can even trade crypto futures with leverage of up to 125x on the exchange.

Binance’s trading platform appeals to both beginner and expert traders. The platform integrates multiple beginner-focused tools and resources. These include educational resources, a navigable trading platform, and a straightforward crypto buying process. Experts are, on the other hand, drawn in by the advanced trading tools, deep liquidity, many crypto pairs, and low fees.

Other factors making Binance the best place to buy Chiliz tokens include its integration of multiple passive investing tools. These include savings, staking, copy trading, dual investing, and even trading bots. Binance also integrates Launchpad and Launchpool, which list the next cryptos to explode. This gives you a chance to invest in the next 100x coins.

4. Coinbase – The Most Beginner-Friendly Place to Buy Cryptos

Coinbase is a hugely popular and the second most liquid crypto trading platform in the world. It also tops most investor lists of the best crypto exchanges in the US today. They rank it this high because it has a straightforward client onboardng process. It also makes it possible for you to buy cryptos instantly with PayPal and credit cards. It even gives free coins when you learn about cryptos.

You would also want to buy cryptos on Coinbase because it is one of the safest crypto exchanges around. The exchange presents users with two free digital wallets – a web-based wallet and the Coinbase mobile wallet app. It is also a regulated exchange – licensed by the SEC and listed with NASDAQ. Coinbase has also been advocating for clearer regulations for the crypto industry.

Coinbase is also a multi-platform exchange. Beginner crypto investors will be better of using the Coinbase web trader or crypto trading app. Expert traders, on the other hand, will find Coinbase PRO trading app more appealing. It exposes them to more crypto trading pairs and charges more competitive trading fees.

Other factors making Coinbase the best crypto exchange include its highly responsive support team. We also appreciated its support for all the popular funding methods. In addition to Chiliz, you can buy 100+ of the best future cryptos on the Coinbase exchange. The only core downside to buying cryptos on Coinbase is that it has a rather complicated fee structure. It also charges high fees when you buy crypto with cards.

What is Chiliz (CHZ)?

Chiliz is a popular digital currency dedicated to the sports and entertainment industry. It is the native crypto for a blockchain-based sports and entertainment platform – Socios.com. The platform allows for direct participation of fans and supporters in the decision making process of sports clubs and organizations. It also creates new ways for fans to interact with content creators, entertainers, and celebrities.

To achieve this level of fan involvement, Socios allows sports cubs, celebrities, and content creators to create fan tokens. These are a form of crypto that can be sold to their fan base. They give a holder certain rights and access. For football teams, for example, token holders can vote on new jersey designs or messages on the captain armband. For musicians, they can grant holders access to the VIP section of concerts.

Today, Chiliz has partnered with multiple reputable sports and entertainment brands. These have launched fan tokens on the Socios.com platform and sold them to their fans. The most popular sporting institutions leveraging Chili and Socios include Barcelona, Manchester City, Paris Saint-Germain, and Juventus. Note that these fan tokens can be traded on the integrated Socios marketplace.

Chiliz (CHZ) Price

Chiliz was introduced to the public in October 2018 when it launched its main net on the Ethereum blockchain. However, the CHZ tokens only started trading in July 2019 with an introductory price of $0.017 – according to CoinLore. Since it launched at the height of the 2018/2020 bear market, CHZ token prices started tanking immediately. It set the current floor price of $0.004 two months later.

CHZ posted dismal price performance and traded below the introductory price throughout the bear market. It only started rallying in February 2021 when the crypto market started rallying. A month later, in March 2021, CHZ had rallied by more than 4500% to set the current all-time high of $0.87.

This rally would go on to tumble in mid-2021 sending CHZ back to bear market price levels. At the time, CHZ had more than the crypto market trend influencing its value. This explains why it value crashed after 2022 when the bear started dominating the cryptoverse. Today, CHZ trades more than 80% below its 2021 highs.

Chiliz (CHZ) Price Prediction

After analyzing Chiliz past price action, our analysts concluded that it is greatly influenced by two things. First is that crypto market trends have the greatest impact on CHZ token price. Secondly, adoption of Chiliz as well as the Socios platform have the second greatest impact on the value of CHZ tokens.

Moving forward, the market is expected to rally, and CHZ’s adoption will continue to rise. These explain the general optimism towards CHZ’s future price action. You may also be interested to note that CHZ is that CHZ is already 200% in the year-to-date. Below, we look at what top forecasters believe CHZ will be worth by the end of this year and this market cycle.

• Chiliz price prediction 2024: The general consensus among investors, forecasters, and analysts is that Chiliz’s price will post interesting gains this year. By the end of the year, for example, forecasters at AMBCrypto and DigitalCoinPrice are already convinced CHZ will rally by more than 200%. They expect it to reach $0.28 and $0.33, respectively.
• Chiliz price prediction 2025: Most forecasters are mildly optimistic about Chiliz’s price performance in 2025. The majority of these expect CHZ to end the year trading between $0.25 and $0.40. The not-so-enthusiastic view of CHZ’s future can be tied to its overreliance on market trends. If the market continues rallying, CHZ will post higher prices before crashing at the end of the bull run.

Is Chiliz (CHZ) a Good Investment?

By maintaining an overall uptrending price action, it is evident that Chiliz has proved to be a good investment. In this section, we will be discussing more factors that make CHZ a good investment.

• Growing adoption: The number of sports clubs and content creators partnering with Chiliz and the Socios.com platform has been on the rise. This grows Chiliz token’s popularity and demand, both of which trigger a value gain for the crypto.
• Obedient to market trends: The crypto market trend has the greatest influence on Chiliz token price. Right now, we are at the base of what is expected to be one of the most aggressive bull markets yet. You may, therefore, expect a rallying market to influence CHZ’s token price greatly.
• Proven resilience: Chiliz has also proved its resilience. It has survived multiple bear markets. It has also survived slowing demand for CHZ tokens. This proves its sustainability and makes a good long-term crypto investment.
• Real world use case: Analysts expect coins with real world use cases to dominate this bull cycle. Chiliz provides real world use case by allowing for engagement between clubs/content creators and their fans. This makes it one of the beneficiaries of the upcoming bull run and one of the best altcoins to buy now.

Ways of Buying Chiliz (CHZ) Today

In this section, we will go over the three most popular ways of buying Chiliz and other cryptos. They have been adopted by all the top crypto exchanges that we have discussed above. We especially focus and their strengths and core drawbacks.

Buy Chiliz with PayPal and eWallets

Crypto exchanges like eToro and Coinbase will let you buy Chiliz instantly with PayPal and other e-wallets. On either exchange, the cash deposit is processed instantly. The payment processor also charges competitively low transaction fees. Further, some trading platforms like eToro won’t charge you a deposit processing fee.

Coinbase, on the other hand, imposes a transaction charge if you buy cryptos with PayPal on its platform. Others, like Binance and KuCoin, do not process PayPal deposits. You will have to use their integrated peer-to-peer trading platforms if you wish to pay for using PayPal and other eWallets.

Buy Chiliz with Credit Cards and Debit Cards

All the crypto exchanges that we discussed above will allow you to buy Chiliz with credit cards and debit cards. They acknowledge that cards are one of the most common online payment methods. You may also want to use cards because they process deposits instantly. You can also buy cryptos with cards directly on the open markets or on the integrated peer-to-peer trading platforms.

The first drawback to using cards is that issuers often charge exorbitant transaction fees. Most exchanges will also impose a deposit processing charge on card deposits.

Buy Chiliz with a Bank Transfer

The bank is the most accessible payment method in the world. All the popular crypto trading platforms will, therefore, accept bank deposits. Further, some exchanges like eToro do not even have an upper limit for bank deposits. On the flipside, though, they have higher minimum deposit limits – at $500. Additionally banks charge higher transaction fees and take long to process deposits to exchanges.

How to Buy Chiliz – Details Tutorial

Still, wondering what’s the safest way to buy Chiliz? Read on to find out how to buy Chiliz on eToro in less than five minutes. In this section, we walk through the process of buying your first CHZ token.

Step 1: Open a free crypto account on eToro

Start by opening the official eToro.com website. Click on the “Join Now” icon on either platform. A registration form will pop up asking for basic personal details. Complete this form, which also asks about your trading experience and income sources. You will also have to come up with a unique username and strong password for this account.

Step 2: Verify your identity

The eToro account registration process is only considered complete after you have verified your identity. Achieve this by sending a clear photo of your government-issued identification document. This may be your national ID, passport, or driver’s license.

Step 3: Deposit Funds

Log in to eToro and hit the “Deposit Funds” icon on your user dashboard. A funding tab will pop up here and based on your country of residence, present the list of payment options available to you. Click on one and follow the prompts to deposit at least $10.

Step 4: Search for Chiliz

Hit the “Discover” icon on your user dashboard after the deposit is reflected in your account. eToro will show you all the financial instruments you can invest in here. Choose cryptos to bring up a list of all digital assets proceed to find Chiliz here.

Step 5: Buy Chiliz

Hit the “BUY” option against Chiliz to bring the trading tab. Use this tab to customize the trade by indicating how many Chiliz you intend to buy. Hit the “Open Trade” button to execute this buy order.

Note:The private keys for the CHZ tokens you bought will be deposited into the exchange-provided web wallet. If you intend to transfer these coins to another exchange or wallet, you need to first set up the eToro Money wallet app. Simply install the wallet app, link it to the trading app, and move funds. Note that a 0.5% crypto transfer fee applies.

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

How to Sell Chiliz

The process of selling Chiliz tokens on eToro is also quick and straightforward. Here is a step-by-step guide to selling CHZ on the regulated exchange:

• Step 1: Log back into the eToro trading account.
• Step 2: Hit the “Portfolio” icon on your user dashboard to reveal all your open crypto trades.
• Step 3: Find “Chiliz” and choose the “Close” trade option.
• Step 4: Indicate whether you want to sell a few coins or the entire position and hit “close” to execute.

Note: The cash equivalent of the Chiliz you just sold will be immediately deposited into your account. You may use them to invest in some of the best altcoins to buy right now or withdraw the funds.

Bottom Line: Where to Buy Chiliz

Chiliz is a popular digital asset dedicated to the sports and entertainment industries. Its adoption is growing steadily and it has an overall up trending price action. It is also obedient to market trends, which makes it worth buying today. Hereinabove, we have introduced you to the best crypto exchanges for beginners looking to invest in Chiliz. We also discussed top reasons why it is worth buying.

Want to jump straight to investing in Chiliz tokens? Follow the step by step guide to buying Chiliz on eToro that we have outlined above.

References:

1. https://decrypt.co/56425/the-kucoin-hackers-successfully-took-45-million-in-crypto-says-ceo
2. https://www.nbcnews.com/business/personal-finance/crypto-traders-want-payback-after-losing-millions-binance-glitches-n1277111
3. https://www.chiliz.com/
4. https://www.socios.com/
5. https://www.juventus.com/en/news/articles/juventus-and-socios-the-partnership-continues
6. https://www.mancity.com/news/club/socios-launch-manchester-city-fan-token-63751737
7. https://www.socios.com/psg-fan-tokens/
8. https://www.coinlore.com/coin/chiliz