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chiliz crypto Bnb XRP aave Bonk coinbase futures litecoin futures cardano futures

What is chiliz and how does it work?

Chiliz provides sports & entertainment entities with blockchain-based tools to help them engage & monetize their audiences. The Socios.com fan engagement platform is built from the ground up on the Chiliz blockchain infrastructure & uses $CHZ as it’s exclusive on-platform currency.

What is chiliz's blockchain application?

Chiliz’s blockchain application is also important in ensuring that cryptocurrencies in its ecosystem – CHZ tokens and fan tokens – are easily traceable, confirmable, and immutable. In October 2018, Chiliz issued a fixed supply of approximately 8.8 billion CHZ tokens on the Ethereum blockchain and distributed some to interested parties.

What is chiliz coin CHZ?

Chiliz coin is the utility token and a digital currency of the Chiliz ecosystem. It is an ERC20 token (also BEP20) which means CHZ is created on the Ethereum blockchain.

How to store chiliz cryptocurrencies?

Chiliz produces its own wallet software that is available for download on its website, which allows you to store Chiliz on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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