Understand CHZ and its price
25 Sep, 2022
Chiliz price: understand its value
What is the price of Chiliz?
Chiliz (CHZ) is the utility token used to buy fan tokens on the socios.com platform. As of June 2022, there are approximately 6 billion units of the token in circulation out of a total of 8.89 billion units to be offered. This represents approximately 70% of the total supply of units. Its current price is 0.12 USD. As it is a utility token, its price may change over time.
Is Chiliz a cryptocurrency or a token?
Chiliz (CHZ) is a utility token that serves as a means of payment within the socios.com platform. At the website, it is possible to have access to fan tokens, club tokens, sportspeople and leagues from all over the world. With CHZ, football lovers can purchase fan tokens and actively take part in some decisions of their favorite club, such as voting on uniform design, goal celebration songs, among other exclusive experiences.
What is a utility token used for?
The function of a utility token is focused on a specific ecosystem, which usually provides access to a unique product or service. There are several utility tokens and each platform often has its own native token. In general, utility tokens are used to trade within the ecosystem in which they were created.
How to buy Chiliz (CHZ)?
The safest way to buy and sell Chiliz (CHZ) or other cryptocurrencies is using the services of an exchange. Bitso is one of the fastest growing digital currency exchanges in Latin America. After registering on the Bitso website or app, you can buy CHZ and other tokens in a quick, simple and safe way, starting with 5 USD. If you need guidance, just contact our team of experts!