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Convert
Singapore Dollar (SGD) to Chiliz (CHZ) Instantly

SGD SGD
CHZ CHZ
Buy Chiliz (CHZ)

Purchase Chiliz (CHZ) with Singapore Dollar (SGD) 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 SGD 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 SGD/CHZ trading pair and why is it significant for sports fans?

    The SGD/CHZ pair represents the direct exchange rate between the Singapore Dollar (SGD) and Chiliz (CHZ). It's a crucial fiat on-ramp for fans in Singapore, allowing them to purchase the CHZ digital asset, which is the native utility token for the Socios.com fan engagement platform. Acquiring CHZ is the first step to participating in Fan Token Offerings (FTOs) and interacting with major sports clubs on the Chiliz Chain.

  • What are the common methods to buy CHZ with SGD on a cryptocurrency exchange?

    To purchase Chiliz (CHZ) with Singapore Dollars (SGD), you typically need to use a regulated cryptocurrency exchange that supports this pair. The process involves completing KYC/AML verification, depositing SGD into your exchange account via local payment methods like PayNow or a FAST bank transfer, and then placing an order on the SGD/CHZ order book. Some global platforms might also accept SGD via debit/credit card for a direct digital asset purchase.

  • What is the technical function of the CHZ token within its ecosystem?

    Technically, the CHZ token is the primary utility token that powers the Socios.com platform and the Chiliz Chain. It functions as the exclusive medium of exchange for acquiring Fan Tokens. The Chiliz Chain, originally a Proof-of-Authority (PoA) sidechain, is evolving into a Layer-1 Proof-of-Stake Authority (PoSA) blockchain, where CHZ will also be used for staking, paying for blockchain transaction fees, and participating in on-chain governance for the sports and entertainment industry.

  • Are there specific regulations in Singapore to consider when trading SGD for CHZ?

    Yes, in Singapore, the trading of digital assets is regulated by the Monetary Authority of Singapore (MAS) under the Payment Services Act (PSA). When converting SGD to a Digital Payment Token (DPT) like CHZ, it is highly recommended to use a DPT service provider that is licensed by the MAS. This ensures the exchange adheres to strict KYC/AML compliance, investor protection, and technology risk management standards.

  • After buying CHZ with SGD, what are the best security practices for storing the tokens?

    Post-purchase, secure your CHZ by enabling two-factor authentication (2FA) on your exchange account. For significant amounts or long-term holding, it is best practice to withdraw your CHZ to a non-custodial digital wallet where you control the private keys. Hardware wallets (cold storage) offer the highest level of security against online threats. You can also transfer them directly to the Socios.com app's integrated wallet to begin acquiring Fan Tokens, but always be aware of phishing risks.
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