How to Withdraw Chiliz ($CHZ) and Fan Tokens (2024)

FAQs

What are Chiliz fan tokens? ›

Fan Tokens are finite digital assets built on the Chiliz Chain. They are foundational basis of the Socios.com app and its ecosystem. Fan Takens are CAP-20 tokens, specific to Chiliz Chain.

Open the Socios.com app, head to your wallet, and tap on withdraw. Then select what assets you want to withdraw, the amount, and, the recipient. To find the recipient's blockchain address go to the wallet/exchange to which you want to send your assets.

Fan tokens are cryptocurrencies that permit their holders to access a variety of fan-related membership perks like voting on club decisions, rewards, merchandise designs and unique experiences.

A locked Fan Token can not be sold. Some Fan Tokens are non-tradeable. These are ones received in vouchers or offers or perhaps ones bought during an FTO®, which have not been listed yet on our marketplace.

Once your tokens reach an exchange like Binance or Coinbase, you can easily swap them for your local currency (fiat) and withdraw the funds to your bank account.

The live price of Chiliz is $ 0.114264 per (CHZ / USD) with a current market cap of $ 1.02B USD. 24-hour trading volume is $ 53.70M USD.

What is the name of the Chiliz fan token exchange? ›

CHZ tokens can be bought from the platform's own exchange, Chiliz.net, as well as from world class cryptocurrency exchanges like Kraken. Once a fan purchases CHZ tokens, they can use them to purchase Fan Tokens of their favorite teams from Socios.com.

The live Chiliz price today is $0.114786 USD with a 24-hour trading volume of $54,802,279 USD. We update our CHZ to USD price in real-time. Chiliz is down 2.33% in the last 24 hours. The current CoinMarketCap ranking is #81, with a live market cap of $1,020,247,660 USD.

The most straightforward way to withdraw crypto to a bank account is by selling it through a cryptocurrency exchange, peer-to-peer trading platform, or fintech company. This way, you convert the selected crypto to fiat and send money to your bank account.

Transfer your chiliZ to your hardware wallet.

Simply send your funds from your exchange to your Ledger hardware wallet. For that you'll need to use the Ledger Live app: create a chiliZ account and send your funds from your exchange to your newly created chiliZ address.

Withdrawal Token means a cash withdrawal reference number valid at any Participating Merchant teller.

There are already over a hundred Fan Tokens. These cryptocurrencies are completely fungible and interchangeable tokens. So they don't work like Sorare's collectible NFTs cards, for example, but do have a unique and general value of their own, defined by supply and demand.

Football Fan Token is not a scam, it is very legit. For instance, $SNFT and $ARG are listed on MEXC Global Exchange with the best liquidity. Today as Argentina battles Poland, $ARG price is pumping on MEXC exchange already.