Chiliz (CHZ) Withdrawals and Deposits Now LIVE on Socios.com

In summary:

  • Users of Socios.com can now send and receive Chiliz (CHZ) on the platform.
  • Chiliz (CHZ) was also recently listed on UpBit.
  • CHZ rose to crypto prominence when the project partnered with FC Barcelona.

In a recent Medium blog post, the team at Chiliz (CHZ) announced that community members could now send and receive CHZ tokens on Socios.com. This means that users who had CHZ tokens on the platform can now transfer them for trading on any crypto exchange where the token is now listed. The team went on to explain how withdrawals will work on the platform.

From the Socios.com wallet, simply click on the Withdraw icon and choose which Tokens you want to withdraw. To use the feature, users must be Level 2 verified. Note, when a withdrawal has been requested, the amount being processed will be moved to a ‘locked’ status while the withdrawal is in progress. Don’t forget to set your 2FA password to increase security and peace of mind.

CHZ Tokens Can Also be Withdrawn to Chiliz.net

Furthermore, the new feature on Socios.com will allow users to transfer their CHZ to Chiliz.net. The latter is a CHZ-centric exchange that allows for fans to trade tokens of their favorite football clubs such as Juventus (JUV). Trading of such tokens is slated for launch by April 15th this year. With time, trading of all other Socios.com partner tokens will be available on Chiliz.net. The team went on to explain the market dynamics that will play a major role in the token trading platform.

The opening of the Chiliz.net exchange will mark the beginning of a new era in digital asset trading where price fluctuations are influenced by fan sentiment as well as pitch performance, tournament wins, or even transfer window activity.

Partnership with FC Barcelona

The Chiliz (CHZ) token and Socios.com platform rose to crypto and football prominence after the February announcement that the project had partnered with the popular Spanish football club, FC Barcelona. The partnership was geared towards catering for the needs of the global fanbase of the club via Barce Fan Tokens (BAR).

Listing on UpBit

Earlier on in the month, Chiliz (CHZ) was listed on the popular South Korean exchange of UpBit. This listing will expand the reach of CHZ in Korea which also has a large sports fan base in the region. Socios.com will also provide a perfect gateway for fans in the Korea peninsula.

CHZ is also available for trading on the following crypto exchanges:

  • Binance
  • Paribu
  • Bilaxy
  • Sistemkoin
  • Hotbit
  • Cross Exchange
  • Omgfin
  • WazirX
  • Binance DEX
  • Coinone
  • KuCoin
  • HitBTC
  • IDEX
  • BitMAX
  • LiteBit.eu

(Feature image courtesy of Ruben Leija on Unsplash.)

Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Crypto Gazette or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.


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John P. Njui Author

Crypto Enthusiast. Terrible dancer. Former DJ. Amateur Marathoner. Electrical Engineer. Kool kat.

84 Articles

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