Chiliz is the native Ethereum token of Socios.com, a sports fan engagement platform that allows users to interact with sports and entertainment brands.
In order to access the Socios.com platform, users can buy CHZ from an exchange of their choice like Binance.US. While CHZ can be traded like any other asset, it is the primary cryptocurrency used to purchase assets the Socios.com platform calls Fan Tokens.
What is Chiliz (CHZ)?
CHZ serves as the exclusive token of the Chiliz blockchain, which helps power the Socios.com platform. Users can trade CHZ or use it to purchase Fan Tokens on the Socios.com platform.
What is a Fan Token?
Fan Tokens are branded, team or entity-specific tokens that can be used to influence team decisions via official polls, earn branded rewards and VIP opportunities, and engage with a user’s team of choice. Users can opt to keep their Fan Tokens as a show of support for their teams and brands, or opt to trade them against CHZ.
How to buy Chiliz (CHZ) on Binance.US
Follow us on social media to stay up to date with Binance.US news and announcements:
Legal disclaimer: This material has been prepared for general informational purposes only and should NOT be: (1) considered an individualized recommendation or advice; and (2) relied upon for any investment activities. All information is provided on an as-is basis and is subject to change without notice, we make no representation or warranty of any kind, express or implied, regarding the accuracy, validity, reliability, availability or completeness of any such information. Binance.US does NOT provide investment, legal, or tax advice in any manner or form. The ownership of any investment decision(s) exclusively vests with you after analyzing all possible risk factors and by exercising your own independent discretion. Binance.US shall not be liable for any consequences thereof.