Quick summary: Our recommendation is to use the crypto exchange Swyftx to buy Chiliz. They have over 300 cryptocurrencies available, have a fantastic app and great customer support. You also get $20 free BTC once you start trading!
Australia has a decent amount of popular and regulated cryptocurrency trading platforms, so it’s quite easy finding an exchange that has Chiliz. While each one comes with its own feature-set and fee structure, most crypto exchanges function very similarly when it comes to buying crypto.
Let’s get into it!
How to Buy Chiliz in Australia
There are only 4 main steps involved and it’s pretty straightforward:
1. Choose a crypto exchange
As mentioned above, we have plenty of options when it comes to Australian crypto exchanges. While that’s great, you ideally want to do a bit of research so you can use one that has a decent fee structure and more importantly, has Chiliz in its list of cryptocurrencies.
Personally, we really like Swyftx, they have over 300 cryptocurrencies, a very smooth process for buying crypto, and their support team has been fantastic.
And if you sign up through our site, you’ll get 20$ worth of free BTC once you start trading, which is always nice.
So for this guide on buying Chiliz, we’ll be using Swyftx as the exchange to go through. Any exchange would work of course, as long as they offer Chiliz.
Alternatively, if you want to learn more about the exchanges we prefer, read our list of the best crypto exchanges.
2. Sign up with the crypto exchange
Once you’ve decided on which exchange to use, it’s time to sign up.
Swyftx has a very streamlined sign-up process in place. The first step is to fill in the sign-up form.
Next up is to go through their basic verification process, called a KYC, which is required by law here in Australia. This should be very quick and easy.
Once done, it’s time for the next step.
3. Funding your account with AUD
To buy Chiliz, you first need to transfer AUD to your Swyftx account using one of the many deposit methods available. From bank transfer to PayID, POLi pay and credit cards, plenty of options to choose from.
4. Buy Chiliz
The final step is to go to their asset list, find Chiliz, navigate to the buy section, and then trade your AUD for some CHZ. Once you’ve bought Chiliz, you can track how much you’ve gained or lost either in the app (they have a great app), or on desktop on the left-hand side under your cryptocurrency list.
Where to Buy Chiliz (CHZ)
|5/5||300+ cryptocurrencies||Visit Swyftx|
|4/5||200+ cryptocurrencies||Visit Coinspot|
|3/5||400+ cryptocurrencies||Visit Binance|
Disclaimer: Trading, investing, and dealing with digital and cryptocurrencies might involve a lot of risks. Their prices are volatile and performance is unpredictable. Their past performance is no guarantee of future performance.
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How to Sell Chiliz
If you’re thinking about selling Chiliz, just follow the steps below.
- Sign in to the cryptocurrency exchange (like Swyftx).
- Click on Chiliz in your list of cryptocurrencies, or find your trading account if you’re using an exchange with different accounts.
- FInd the sell section and sell Chiliz for AUD, or trade it for another cryptocurrency.
Frequently Asked Questions
Is buying Chiliz in Australia legal?
Yes, you can legally buy and trade cryptocurrencies in Australia. We do of course recommend only using crypto exchanges regulated by AUSTRAC.
How to buy Chiliz with PayPal?
Unfortunately, most crypto exchanges in Australia don’t support PayPal. The only exchange that you could use is eToro, but their cryptocurrency list is quite limited so you might not find Chiliz. Have a look on their site first, you might be lucky.
How to buy Chiliz with a credit card or debit card?
Most top exchanges support buying crypto with a credit or debit card. We would recommend Swyftx to buy Chiliz with your credit/debit card.
Chiliz, the most well-known digital currency for entertainment or sports in Malta, is the FinTech provider. Socios is a blockchain-based entertainment platform which allows users to participate in the governance and management of their favorite sporting brands. Socios.com provides multiple fan tokens, as an example. Fan tokens can be a great way to create new revenue streams for associations and sports clubs.
Participating in polls and surveys can help fans influence club decisions, such as what messages captains should wear on armbands. Chiliz hopes to bridge the gap between active and passive supporters. Chiliz has formed partnerships and alliances with some of the most prestigious sporting institutions in the world, such as Manchester City, FC Barcelona, and Juventus Turin. It also has partnerships with UFC, gaming organizations. Tokens can be purchased for CHZ that will allow fans to stake their club.
A limited number of fan tokens are available for each sporting organization that uses Chiliz technology. These tokens can be purchased at an initial FTO (fan-to-token offering). These tokens are offered on a first-come-first-serve basis, with the opening price and fully diluted market cap disclosed by Chiliz beforehand. The native CHZ token is used to purchase fan tokens and acts as the platform's internal currency. Smart contracts allow fans to vote using their fan tokens on the Socios platform. Clubs determine the influence of their fans. This decision can be made in many ways, including by changing jersey designs or deciding team matchups during exhibition matches.
Chiliz was the first company that allowed fans to participate directly in decision-making of clubs and other organisations. Chiliz is constantly looking for new ways of engaging fans. Chiliz Blockchain Campus, a private crypto incubator, aims to increase blockchain adoption in Asia as well as Europe.