Where & How to Buy Chiliz (CHZ) for Beginners in 2025

Use our step-by-step guide to learn how and where to buy Chiliz on 5+ highly rated crypto platforms.
Written by
Updated on Oct 10, 2024
Reading time 3 minutes

Chiliz coins are available buy via a cryptocurrency exchange, which functions similar to a stock trading platform. It takes just a few minutes to buy Chiliz this way. Follow our quick step guide below.

How to buy Chiliz quickly in 3 steps

Copy link to section

To buy Chiliz you need a smartphone or a computer and an internet connection. It takes 10-15 minutes the first time and you should have some photo ID to hand. Here’s how to do it.

Step 1. Sign up to a crypto platform

Copy link to section

Sign up to one of the best crypto platforms to start trading. Alternatively, there are several other options to select from below. Anyway, create an account and supply a copy of your photo ID for verification.

We found 9 crypto platforms for users based in

Coinbase review
4.2
Coinbase
Min. Deposit $10
Fees Up to 0.6%
No. assets 150+
Demo account No

Coinbase review

Kraken review
4.0
Kraken
Min. Deposit $10
Fees 0.10% – 0.26%
No. assets 200+
Demo account Yes

Kraken review

KuCoin review
4.2
KuCoin
Min. Deposit n/a
Fees
No. assets n/a
Demo account No

KuCoin review

Step 2. Make a deposit

Copy link to section

Add funds via a card payment, bank transfer or an alternative payment method. You can start with as little as $100 on most services.

Step 3. Buy Chiliz token

Copy link to section

Locate the search box and type CHZ. Once you locate the coin trading page, enter how much money you want to spend and hit ‘trade now’.

Now you own Chiliz tokens! Not a big deal, right?

Where to buy CHZ easily

Copy link to section

The overall best platform to buy Chiliz for beginners is Coinbase .

Here are the top five places to buy Chiliz, ranked according to their simplicity for beginners, fees, customer reviews, and safety ratings.

  1. Coinbase: Best secure trading platform for all types of trader
  2. Kraken: Best for simple, global cryptocurrency trading from your phone
  3. KuCoin: Best social trading altcoin exchange
  4. Paybis: Best crypto platform for choice of payment methods
  5. OKX: Best for futures and margin trading

Read more about how we rate, rank and review platforms.

Best exchanges to buy Chiliz (CHZ), reviewed

Copy link to section

We found 9 crypto platforms for users based in

1. Coinbase. Best secure trading platform for all types of trader

Copy link to section
4
Ratings

$10

Min. deposit

Up to 0.6%

Fees

200

No. assets

No

Demo account

Overview

We love Coinbase because it’s the leading public crypto platform. Coinbase offers more than 170 cryptocurrencies to trade, a secure wallet to store your coins in, and automatic staking rewards on 10+ cryptos through Coinbase Earn.

Coinbase’s user-friendly platform simplifies the buying, selling, and trading processes, making it one of the top crypto exchanges for all levels of trader. But, Coinbase isn’t just an easy to use platform, it’s one of the safest and most secure. 

A public company brings transparency and renown, so you can trust that any money on Coinbase is safe and you’re sharing the platform with over 100 million other users. It stores 98% of customer assets offline in cold storage, minimizing the risk of theft. There is also insurance on all cash balances up to $250,000

The fees: Trading fees start from 0.6% but reduce the higher your trading volume. Bank transfer deposits and withdrawals are free, other payment methods may be charged. There is no fee for wallet-to-wallet crypto transactions but you will have to pay blockchain fees. Coinbase charges a 25% fee for its staking services.

Highlights

Fees & Costs

Pros & Cons

2. Kraken: Best for simple, global cryptocurrency trading from your phone

Copy link to section
4
Ratings

$10

Min. deposit

0.10% – 0.26% (volume dependent)

Fees

200

No. assets

Yes

Demo account

Overview

We love Kraken because it’s a beginner-friendly crypto trading platform, one that’s designed to make it quick and convenient to buy and sell crypto on the go. The Kraken mobile app provides access to over 200 cryptocurrencies making it one of the most diverse platforms around. 

With an intuitive interface and many advanced features, the Kraken crypto app is suitable for those just starting, or experienced traders wanting to enhance their trading experience. The Kraken mobile app caters to different trading styles and preferences with spot, margin, and futures all available. 

Kraken’s mobile app also supports up to 5:1 leverage allowing you to amplify your position and potentially increase your returns. With such a wide selection of tokens available and a solid range of features and tools, the Kraken app is one of the top cryptocurrency trading platforms while on the go. 

The fees: Kraken charges a fee of between 0-0.26% on every crypto trade. There are no costs to set up an account and no flat trading fees.

Highlights

Fees & Costs

Pros & Cons

3. KuCoin. Best social trading altcoin exchange

Copy link to section
4
Ratings

$-

Min. deposit

Fees

No. assets

No

Demo account

Overview

We love KuCoin because it’s a great place for beginners to trade more than 700 altcoins. Kucoin offers a vast range of cryptocurrencies including all the big names like Bitcoin and Ethereum, together with hundreds of altcoins and newly released tokens. 

The exchange gives you multiple ways to trade and invest in crypto, including spot trading, futures trading, margin trading, and staking. This choice allows you to choose the method that best suits your trading strategies and risk tolerance. 

Kucoin is a top platform for both beginners and experienced traders. Its intuitive interface is easy to get to grips with and its advanced trading features mean even high volume traders can make use of it. Kucoin also offers an earn feature, where you can generate passive income through staking and lending, making it one of the best all round crypto exchanges. 

The fees: Trading fees are charged on a sliding scale. Fees are 0.1% on trading volumes below 50 BTC in a 30 day period. Discounts are available if you pay fees in KCS or store more than 1000 KCS in your account.

Highlights

Pros & Cons

4. Paybis. Best crypto platform for choice of payment methods

Copy link to section
Paybis_logo
4
Ratings

$4

Min. deposit

Variable

Fees

90

No. assets

No

Demo account

Overview

We love Paybis because it is one of the simplest crypto platforms to use, making it ideal for both beginners and experienced traders. The intuitive interface makes the process of buying and selling cryptocurrencies smooth, fast, and hassle-free. 

Paybis offers a good selection of coins to buy and sell including popular options like Bitcoin and Ethereum, as well as many altcoins. With such a wide range of tokens, you’ll be able to diversify your portfolio and take advantage of market opportunities very quickly. 

One of the best features of Paybis is its selection of payment options. Not only can you buy Bitcoin with a credit or debit card using USD, but you can also choose from several payment apps and digital wallets. 

The fees: How much you will pay will depend on the payment option you use. Paybis provides detailed information on the types of fees applied. You can expect competitive rates, with clear outlines of transaction and network fees, before buying or selling.

Highlights

Fees & Costs

Pros & Cons

5. OKX. Best for futures and margin trading

Copy link to section
4
Ratings

$-

Min. deposit

Fees

No. assets

No

Demo account

Overview

We love OKX because it’s an adaptable and flexible exchange, with an app that’s available in three different versions depending on how you trade. Choose from the beginner-friendly Lite version, Web3 option for NFT traders, or the Pro version for a plethora of trading tools. 

From an app or desktop you can trade 350+ crypto coins on one of the world’s top crypto exchanges. You can fund your account easily, through a variety of simple payment methods, and a sliding scale of fees that means you can access discounts by holding the OKB token or trading high volumes.

The fees: Regular users pay a 0.1% fee on spot crypto trades. OKB crypto holders are entitled to a discount, up to 0.02% off for holding more than 2,000 coins. High volume traders are also entitled to a discount, with the cheapest fees available for traders with a 30 day trading volume above $10,000,000,000.

Highlights

Pros & Cons

How to trade CHZ

Copy link to section

You can trade Chiliz on a cryptocurrency exchange using a few simple steps. Here’s a quick example that clearly lays out how CHZ crypto trading works:

  1. Monitor the price: For simplicity, let’s say the price of CHZ/USDT is $1. You read the price charts and decide that now is a good time to start purchasing CHZ.
  2. Open a trade: You trade one USDT for one CHZ ($1 USD for 1 CHZ).
  3. Continue to monitor the price: The following month, one CHZ token is now worth $2, a 100% increase.
  4. Close your trade: You trade your CHZ token back to USDT for $2.

In this example, you buy and sell Chiliz, doubling your money (trading). While the steps are simple, executing them in a profitable way is not so easy. You need to spend countless hours learning to trade, reading charts, technical patterns, and understanding markets and margin trading; which you can do right here on Invezz.com.

What is the best way to pay for Chiliz (CHZ)?

Copy link to section

The simplest way to buy Chiliz cryptocurrency is with your bank card. However, there are plenty of other options as well. Here are some of the top ways to pay for CHZ.

  • Buy Chiliz with a credit card or debit card. Card payments are convenient and instantaneous but you may have to pay a higher fee to make a deposit this way. Binance charges 1.8% for a card deposit and some platforms charge as much as 4%.
  • Buy Chiliz with bank transfer. A bank transfer is usually the cheapest way to buy crypto. Crypto platforms like Crypto.com and Coinbase do not charge for bank transfer deposits, while Binance only charges a $1 fee, and these transactions are more or less instant as they run through the Automated Clearing House (ACH) in the US, Faster Payments System (FPS) in the UK, or Single Euro Payments Area (SEPA) in Europe.
  • Alternative payment methods. Crypto brokers often let you pay with other providers or money transfer services, like Neteller, Venmo, or Payoneer. The options vary by broker, though, so check what’s accepted before you sign up.

How do I store Chiliz (CHZ)?

Copy link to section

Most people keep their crypto on the exchange they used to buy it. If you only plan to hold onto it for a little while then that’s a perfectly acceptable option. If you want to hold it for years or you own a lot of Chiliz then you should move it to a crypto wallet.

A crypto exchange is similar to a bank account, in that it means trusting a company to protect your funds for you. A wallet is like your personal wallet, or a safe, where you take responsibility for it yourself. Two of the best Chiliz wallets to use are MetaMask and the Ledger Nano S.

Is now a good time to buy Chiliz?

Copy link to section

The answer depends on the current price and your own investment goals. Put simply, buying Chiliz, selling Chiliz, and trading CHZ are all the exact same process in literal terms. It’s really just your personal investing intentions that defines whether ‘now’ is a good time to invest or not.

  • If you’re a trader: as a cryptocurrency trader, your goal is to make money trading regularly. What do we mean by regularly? Hourly, daily, weekly. Traders buy and sell a coin quickly to secure their profit (or to avoid a loss). They don’t #HODL a coin long term in the hopes of larger profits. In this sense, any time is a good time to trade Chiliz.
  • As a long-term investor: a long term investor is not concerned if the price is up or down 10% on any given day. Rather, they care that the price of the native token is overall up months or years later, when they’re ready to sell that investment. So if you’re a firm believer in the foundations of CHZ, then a good time to purchase Chiliz is on any major dip.

In our experience, most newcomers to the crypto market sit between the two. You don’t want to wait several years for a return, but buying Chiliz and selling it the next day probably isn’t why you’re here either.

How has Chiliz (CHZ) performed this year?

Copy link to section

The current Chiliz price today is $0.08, which is -91.34% versus its all time high of $0.89, which it reached on 13 March 2021. CHZ is -14.92% this year, with a 52 week high of $0.17 and a 52 week low of $0.04. 

Regardless, closely following Chiliz price news & analysis will help you decide when to pull the trigger.

Is Chiliz (CHZ) a good investment?

Copy link to section

Whether it’s good for you depends on your goals and the fundamentals of the project. Here are some key features of Chiliz and its token to help you decide whether to invest in CHZ.

  • Invest in fan tokens from your favourite team. You can use Chiliz to buy fan tokens from leading sports teams around the world, to show your support and gain access to exclusive merchandise. Chiliz fan tokens are available for the likes of FC Barcelona, Juventus, Paris Saint-Germain, AC Milan, Arsenal, and Manchester City.
  • Help your team raise money through alternative revenue streams. Along with gaining exclusive access to your team, investing in fan tokens helps your club raise money, as they earn a cut from each sale. Chiliz fan tokens gives famous sports clubs the chance to make money through blockchain technology. In FC Barcelona parlance, it’s another economic lever.
  • Interact with your sports clubs and other fans through Socios.com. Socios is the official sports fans site where all the real action take place. Owning fan tokens means you can engage with your club on Socios and vote to shape the team’s future, such as deciding team matchups in exhibition games, goal music, and jersey designs.
  • Get the chance to win exclusive rewards through the Socios rewards platform. Once you own a fan token you are in with a chance to win exclusive merchandise or get exclusive access to behind the scenes footage with your favourite players.

Use this quick summary of pros and cons to compare Chiliz with other, similar projects.

Pros

Copy link to section
  • Invest in your favorite sports brands with CHZ fan tokens
  • Owning fan tokens gives you the chance to influence the decision making process at these sports teams
  • You can invest and store CHZ with a Binance account on the Binance app
  • Help your favourite teams open up new revenue streams

Cons

Copy link to section

Ultimately, many different factors play into the answer. Cryptocurrency is inherently volatile but you can reduce the risks by investing in quality projects that provide value to the community.

FAQs

Copy link to section
01

Where can I buy Chiliz (CHZ) tokens?

02

What do I need to buy CHZ?

03

Is Chiliz on Coinbase?

04

Is Chiliz on Binance?

05

Is Chiliz on eToro?

06

What is the best wallet to store CHZ?


Sources & references

James Knight

James Knight

Editor of Education

  • Stock Market
  • Cryptocurrencies
  • Commodities
  • Investing
  • Sport
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets. His main focus is on improving financial literacy among casual investors. He has been with Invezz since the start of 2021 and has been...