Where & how to buy Chiliz (CHZ) for beginners in 2024

Use our step-by-step guide to learn how and where to buy Chiliz on the top 5+ crypto exchanges.
By:
Updated: Jan 26, 2024
Listen

Trade global markets with our top-rated broker, Interactive Brokers.

8/10
Interactive Brokers (U.K.) Limited is authorised and regulated by the Financial Conduct Authority. FCA Register Entry Number 208159. Products are only covered by the UK FSCS in limited circumstances.
Visit site

Chiliz tokens are available on 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 instantly in 3 simple 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 eToro

Copy link to section

eToro is the simplest crypto exchange to get started with. Create an account and supply a copy of your photo ID for verification.

1
Min. Deposit
$ 10
Best offer
User Score
10
Up to $240 bonus!
Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world’s leading social trading and investing platform
Start Trading
Payment Methods:
Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer
Full Regulations:
CySEC, FCA

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Invezz.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB.

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 £10.

Step 3. Buy Chiliz token

Copy link to section

Type CHZ into the search box then click ‘trade’. Enter how much money you want to spend and hit ‘trade now’.

Now you own Chiliz tokens! It’s as simple as that.

Where to buy CHZ easily

Copy link to section

The overall best exchange to buy Chiliz token for beginners is eToro .

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

Sort by:

1
Min. Deposit
$ 10
Best offer
User Score
10
Up to $240 bonus!
Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
Start Trading
Payment Methods:
Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer
Full Regulations:
CySEC, FCA

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Invezz.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB.

2
Min. Deposit
$ 0
Best offer
User Score
9.4
No Hidden Fees
Instant Trading
Secure & Transparent
Start Trading
Payment Methods:
Apple Pay, Bank Transfer, Credit Card, Debit Card, Google Pay, PayPal
Full Regulations:
3
Min. Deposit
$ 50
Best offer
User Score
9.3
Log in using the app and claim the Mystery Box to receive up to $10,000 in reward
One of the top digital asset exchanges by trading volume
Serving millions of users in over 100 countries
Start Trading
Payment Methods:
AdvCash, AliPay, American Express, Bank Transfer, Banxa, Credit Card, Debit Card, Discover, Mastercard, Mercada Pago, PayPal, Payoneer, PicPay, QIWI, SEPA, Simplex, Visa, WeChat, Wire Transfer, neteller, , , , , , , , , , , , , , , , , , , , , , , , , , , skrill
Full Regulations:
Trading in digital assets is considered high risk. Digital assets are NOT backed by any government or central bank. The risk of loss in trading or holding digital assets can be substantial. You should carefully consider whether interacting, holding, or trading digital assets is suitable for you in light of your financial condition.

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

Best exchanges to buy Chiliz (CHZ), reviewed

Copy link to section

1. eToro. Best for beginners, copy-trading & demo-account

1%

Fees

$50

Minimum deposit

4,000

No. assets

Yes

Demo/virtual account

Pros & Cons

Great for beginners, simple to set up and get started Competitive, industry-leading commissions Popular ‘Copy Portfolios’ function lets you follow top traders Excellent customer service, with live chat support provided Over 2,000 CFDs available to trade for UK & EU users (not US, real assets only)
Comparatively high fees for withdrawals and account inactivity Does not integrate with the MetaTrader platform High spreads on some assets

Overview

We love eToro because it makes it simple to trade crypto at home or on the go. If you’ve never bought cryptocurrency before, then eToro makes it simple to buy 75+ of the leading coins, including the likes of Bitcoin, Ethereum, and Dogecoin. Every crypto trade comes with a flat 1% fee, which makes it one of the cheapest crypto brokers on the market to boot.

As well as being a broker that offers lots of investor protection, eToro offers a very social trading experience. You can easily see what’s trending on the crypto market every day, browse the latest technical analysis about every one of those tokens, and copy other people’s trade suggestions from your desktop or the eToro app.

The fees: You will be charged a 1% fee every time you buy or sell crypto. The charge is included in the market price that’s displayed on eToro. CFD trades may be charged an overnight or weekend fee if you leave the position open.

Highlights

Visit eToro eToro Review

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Invezz.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB.

2. Bitstamp. Best for professionals & trading with APIs

...

Fees

...

Minimum deposit

...

No. assets

No

Demo/virtual account

Pros & Cons

Low trading fees and no spreads Supports multiple fiat currencies Regulated platform
Limited number of coins available Major fees on deposits and withdrawals Liquidity has suffered due to the limited selection of coins and most liquidity is concentrated in top names like Bitcoin and Ether

Overview

We love Bitstamp because it has a proud reputation for top performance over more than decade. Bitstamp offers trading on 75+ cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, while staking is available on Ethereum and Algorand. 

Bitstamp was one of the first crypto platforms to set up shop in 2011 and has built up trust since. It’s designed with institutional traders in mind, so it prides itself on near 100% uptime. It stores 95% of assets in cold storage and offers a sliding scale of fees so that high volume traders get the best rates.

The fees: There are no trading fees if you trade less than $1,000 in a rolling 30-day period. Above that, fees start from 0.4% and decline the higher your trading volume is. There is a 15% charge for staking. Withdrawals are charged a flat €3 fee.

Highlights

Visit Bitstamp Bitstamp Review

3. OKX. Best for futures and margin trading

...

Fees

...

Minimum deposit

...

No. assets

No

Demo/virtual account

Pros & Cons

Stake ETH to freely mint FIFA WORLD CUP 2022 NFTs & big prizes 350+ cryptocurrencies & NFTs available across 650+ trading pairs Crypto spot & derivative markets available Pay using hundreds of local payment methods
Not available in the US Lack of fiat withdrawal options

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

Visit OKX OKX Review
Trading in digital assets is considered high risk. Digital assets are NOT backed by any government or central bank. The risk of loss in trading or holding digital assets can be substantial. You should carefully consider whether interacting, holding, or trading digital assets is suitable for you in light of your financial condition.

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

...

Fees

...

Minimum deposit

...

No. assets

No

Demo/virtual account

Pros & Cons

Cheap/ free deposits in EUR and cheap deposits for the USA Margin trading and Futures supported Transparency - it was the first exchange to carry out proof of reserves Low fees in comparison to other exchanges
Catered towards professional traders with large trading volumes Slow account verification in comparison to other brokers

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. Creating an account is free, then you’re ready to make your first step, with no time-consuming verification periods.

With 200+ crypto tokens at your fingertips, a 24/7 support system, and an extensive educational platform, Kraken is the perfect place to take your first steps into crypto. It’s perfect for international traders outside the US, and is available in 190 countries around the world.

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

Visit Kraken Kraken Review

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

Up to 0.6%

Fees

$10

Minimum deposit

200

No. assets

No

Demo/virtual account

Pros & Cons

Simple and easy to use interface Able to buy cryptocurrencies instantly with a credit or debit card Offers great security on its wallet Can use a variety of payment methods
Quite high fees for credit and debit card instant buys Poor customer support

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.

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. There is insurance on all cash balances up to $250,000 and the majority of assets are stored offline in cold storage.

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

Visit Coinbase Coinbase Review
Cryptocurrency is not regulated by the UK Financial Conduct Authority and is not subject to protection under the UK Financial Services Compensation Scheme or within the scope of jurisdiction of the UK Financial Ombudsman Service. Investing in cryptocurrency comes with risk and cryptocurrency may gain in value, or lose some or all value. Capital gains tax may be applicable to profits from cryptocurrency sales.

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: 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 for 1 CHZ).
  3. Continue to monitor the price: The next day, 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 many hours learning to trade, reading charts, patterns, and understanding markets and margin trading; which you can do right here on Invezz.com.

1
Min. Deposit
$ 10
Best offer
User Score
10
Up to $240 bonus!
Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
Start Trading
Payment Methods:
Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer
Full Regulations:
CySEC, FCA

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Invezz.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB.

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. Credit or debit 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 Faster Payments System (FPS).
  • Buy Chiliz with PayPal. Some crypto brokers accept deposits via PayPal. eToro is the best option because it doesn’t charge a fee for PayPal deposits, whereas the charge can be as high as 5% or more with other platforms.
  • 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 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.

How has Chiliz (CHZ) performed this year?

Copy link to section

The current Chiliz price today is $0.16, which is 71.42% below its all time high of $0.77, which it reached on 17 April 2021. CHZ is +28.46% this year, with a 52 week high of $0.56 and a 52 week low of $0.08. 

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. 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 that coin long term in the hopes of larger profits. In this sense, any time is a good time to buy 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.

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

A landmark development unifying blockchain tech and sports saw the Chiliz (CHZ) network signing a multi-year collaboration with South Korea’s K-League – a professional football league in the country. The strategic partnership will transform football fans’ engagement with their teams by introdu
Chiliz (CHZ) price has made a strong bullish comeback as investors react to the recent Tottenham Hotspur news. The CHZ token surged to a high of $0.064 on Saturday, the highest level since August 23rd. It has surged by more than 16% from the lowest level in September.  Latest Chiliz news Chiliz
Chiliz (CHZ/USD) announced the launch of GameUsed.com, which will provide a full turnkey B2B solution for delivering storage, NFC, and NFT authentication, alongside redemption and sales for memorabilia. Chiliz (CHZ) is a digital currency for the sports and entertainment industry and is used to power
Get started with Chiliz

FAQs

Copy link to section
Where can I buy Chiliz (CHZ) tokens?
What do I need to buy CHZ?
Is Chiliz on Coinbase?
Is Chiliz on Binance?
Is Chiliz on eToro?
What is the best wallet to store CHZ?


Sources & references
Risk disclaimer
James Knight
Editor of Education
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.... read more.