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Convert
Malaysian Ringgit (MYR) to Chiliz (CHZ) Instantly

MYR MYR
CHZ CHZ
Buy Chiliz (CHZ)

Purchase Chiliz (CHZ) with Malaysian Ringgit (MYR) easily at Switchere and benefit from fast, secure transactions.

About
Chiliz (CHZ)

Chiliz (CHZ) is a digital currency underpinning the Socios.com fan engagement platform, designed to bridge the gap between sports and entertainment entities and their global fanbases through blockchain technology. Its primary purpose is to empower sports teams, esports organizations, and entertainment brands to monetize fan interaction by issuing branded Fan Tokens. These Fan Tokens are specific digital assets that grant holders access to exclusive content, voting rights on certain club decisions, merchandise, and unique experiences, thereby fostering a more active and direct relationship. The CHZ token is the core utility token within this ecosystem, functioning as the exclusive currency for purchasing these Fan Tokens during Fan Token Offerings (FTOs) and on the Socios marketplace.

The Chiliz infrastructure is evolving with the development of Chiliz Chain 2.0, a Layer-1 blockchain that is EVM-compatible and utilizes a Proof-of-Stake Authority (PoSA) consensus mechanism. This upgrade aims to enhance the Chiliz ecosystem by enabling third-party developers to build DeFi applications and other Web3 infrastructure tailored for the sports and entertainment industry, often referred to as SportFi. Beyond acquiring Fan Tokens, CHZ is anticipated to play a greater role in network operations, potentially including staking and governance for Chiliz Chain 2.0. Chiliz has established itself as a leading force in sports tokenization, transforming how fans interact with their favorite teams and creating new revenue streams within the rapidly expanding digital asset space and decentralized network landscape.

Chiliz (CHZ)

How to Buy Chiliz (CHZ)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose MYR to CHZ Pair

    Select your preferred payment method and enter the amount.

  2. Step 2 illustration
    02

    Enter Your Chiliz Wallet Address

    Provide your CHZ wallet address and proceed with the payment.

  3. Step 3 illustration
    03

    Receive Your Chiliz

    Complete the payment, and your CHZ will be sent to your wallet.

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Frequently asked questions

  • What is the MYR/CHZ trading pair and what does it represent on a cryptocurrency exchange?

    The MYR/CHZ pair is a fiat-to-crypto trading pair that allows you to purchase the digital asset Chiliz (CHZ) directly with Malaysian Ringgit (MYR). On a cryptocurrency exchange's order book, it shows the price of one CHZ token in terms of MYR, providing a direct fiat on-ramp for Malaysians into the sports and entertainment fan engagement ecosystem powered by Chiliz.

  • What are the common methods to buy CHZ with MYR on regulated Malaysian platforms?

    To buy CHZ with MYR, you typically need to use a cryptocurrency exchange licensed by the Securities Commission Malaysia (SC). The process involves completing KYC/AML compliance, depositing MYR into your account via methods like FPX instant transfer or standard bank transfers, and then placing a buy order for the CHZ digital asset on the MYR/CHZ market.

  • What is the core utility of the CHZ tokens I purchase, and how do they relate to Fan Tokens?

    The primary CHZ token utility is to act as the exclusive currency on the Socios.com platform. You use CHZ to buy Fan Tokens issued by major sports and entertainment clubs. These Fan Tokens are digital assets that grant you voting rights in club decisions, access to exclusive rewards, and enhance your fan engagement experience. CHZ is the gateway to participating in this unique blockchain-based ecosystem.

  • What is the Chiliz Chain, and how does its Proof-of-Authority (PoA) mechanism impact transactions?

    Chiliz Chain is a dedicated Layer-1 blockchain for the sports and entertainment industry, designed for Fan Tokens and other dApps. It uses a Proof-of-Authority (PoA) consensus mechanism, where a limited number of pre-approved nodes validate transactions. For a user, this results in faster transaction speeds and lower, more predictable fees compared to Proof-of-Work chains, making the purchase and trading of Fan Tokens highly efficient.

  • When I buy CHZ with MYR, is it an ERC-20 token, a BEP-2 token, or native to its own chain?

    Originally, CHZ was launched as both an ERC-20 token on Ethereum and a BEP-2 token on BNB Chain. However, with the launch of the Chiliz Chain, CHZ also exists as the native token for its own ecosystem. Most regulated exchanges in Malaysia will specify which version of the CHZ token they support. It's crucial to verify this to ensure you withdraw your digital asset to a compatible digital wallet.
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