What is Chiliz (CHZ)?
Chiliz (CHZ) is an Ethereum token that powers the Socios.com platform, which is an all-inclusive sports fan rewards app. The Chiliz blockchain is used for granting rewards and can also be used to influence team decisions by popular voting. You can buy and sell CHZ for any major cryptocurrency, like BTC, ETH, and XRP or traditional currency such as Canadian Dollar, US Dollar, and Euro. Trading cryptocurrencies is like foreign exchange of traditional currencies – you trade CHZ for BTC the same way you trade CAD for USD. You can also trade CHZ to CAD based on the CHZ price. To learn how to buy Chiliz / CHZ, scroll down to see how to buy Chiliz.
How to buy Chiliz (CHZ)?
Here's how to buy Chiliz on Coinsquare
To buy Chiliz, simply follow these steps:
1. Sign up for a Coinsquare account and verify your identity
This is the first step to buying CHZ. Verifying your identity helps us to properly connect your funds to your account.
2. Fund your account with Canadian Dollars
Funding is like putting gas into a car – it helps you get where you want to go.
3. After funding, select CHZ from the list on the trade section
Coinsquare lets you trade CHZ without leaving the app. You can also check the Chiliz price and convert CHZ to CAD or USD on the platform.
4. Select a currency you’ve funded and use it to check the CHZ price
In the Coinsquare app, all currencies available to trade can be found in the drop down list.
5. Buy Chiliz (CHZ)
Congratulations! You’re now the proud owner of CHZ. You can either HODL or use it to exchange CHZ to CAD.
Where do I keep my Chiliz (CHZ)?
At Coinsquare, we offer customers the power of easy transactions and cold storage security. We’re constantly organizing funds to ensure our customers trade instantly and securely. There are different storage options available for your cryptocurrency, your choice should ultimately be the one that suits your needs. Mobile and web wallets can make transactions easy as the currencies are accessible directly from your phone or device, whereas hardware wallets are best suited for secure, long-term storage as they eliminate the vulnerability found in online environments.
Ready to add Chiliz (CHZ) to your portfolio?
Create your account, fund it with spare change and get a little bit of CHZ.
