Buy Chiliz
with Bank Transfer

Bank Transfer

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How to buy Chiliz with Bank Transfer

Why investors buy Chiliz with Bank Transfer

SEPA or Single Euro Payments Area is a bank transfer payment system created by the European Union. It is a system that allows cross-border payments in Euros within the Euro-zone. European Union and neighboring country residents frequently use SEPA to send and receive payments using the funds in their bank accounts. A trustworthy framework for quick and affordable money transfers is provided by this network. A business must adhere to stringent guidelines and meet the highest security standards in order to offer SEPA wire transfers. Using SEPA bank transfers, you can buy cryptocurrency at our exchange and deposit and withdraw EUR easily. Offering payment options via bank transfer or SEPA would have the following main benefits:

  • Instant payments are one option provided by the SEPA payment system. Weekends and holidays are not excluded from the SEPA Instant transfer schedule.
  • High security because every transfer has to be cleared by several banks on its way to the exchange.
  • No deposit fees, high buying limits
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Is CHZ a good investment?

SEPA or Single Euro Payments Area is a bank transfer payment system created by the European Union. It is a system that allows cross-border payments in Euros within the Euro-zone. European Union and neighboring country residents frequently use SEPA to send and receive payments using the funds in their bank accounts. A trustworthy framework for quick and affordable money transfers is provided by this network. A business must adhere to stringent guidelines and meet the highest security standards in order to offer SEPA wire transfers. Using SEPA bank transfers, you can buy cryptocurrency at our exchange and deposit and withdraw EUR easily. Offering payment options via bank transfer or SEPA would have the following main benefits:

  • Instant payments are one option provided by the SEPA payment system. Weekends and holidays are not excluded from the SEPA Instant transfer schedule.
  • High security because every transfer has to be cleared by several banks on its way to the exchange.
  • No deposit fees, high buying limits
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Who can buy Chiliz with Bank Transfer

Citizens living in a Eurozone location are able to open a bank account and use SEPA. If you are based in a non-Eurozone country, you can easily check which banks offer SEPA if you want to make this type of transfer. You can purchase any kind of cryptocurrency directly into your personal wallet without making any initial deposits by using our exchange to perform a straightforward SEPA transfer with your bank account.

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What is CHZ ?

The official token of Chiliz, called CHZ, is an ERC-20 token launched in 2018. CHZ is used on the Socios platform to purchase fan tokens. The CHZ holders can select their favorite sports team on this platform and vote for them. Generally, each team may create different polls or ask questions about the changes they want to do to their logo or the design of their clothes. CHZ tokens can be used by fans to participate in these polls and surveys to influence the future of their teams. The total supply of CHZ is limited to 8.8 billion tokens.

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How to buy CHZ with Bank Transfer instantly?

SEPA is a way to make European cross-border payments simpler, cheaper, and faster. It is one of the most cost-effective and convenient ways to transfer money within the EEA. As the ease of use and clear navigation that come with using SEPA/bank transfer as the initial payment method may appeal to users, buying cryptocurrency with SEPA is likely the best option to purchase crypto assets in Europe instantly.

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Where can I buy CHZ online with a Bank Transfer?

If you prefer simple and secure crypto trading, SEPA/bank transfer would be your ideal method. Our exchange offers SEPA/bank transfer as a payment solution to give its users more options to buy cryptocurrencies easily. You must first log into your account on Blocktrade.com in order to use SEPA/bank transfer payment on our exchange. Then, after entering the number of cryptocurrencies you need to buy and choosing to charge up your account balance using SEPA/bank transfer, finish your cryptocurrency purchase.

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Is CHZ Reliable?

Most of the cryptocurrencies use Proof-of-Stake or Proof-of-Work consensus to secure their platform. The Chiliz secures its fan tokens by using the Proof-of-Authority mechanism, which acts differently compared to the previous mechanisms. The PoA algorithm is used by networks that want to be more scalable. It works with a smaller number of approved verifiers to guarantee nothing happens during the process of buying a fan token. In the case of its token, CHZ is as secure as its platform. However, you should buy it from a trusted exchange and keep it in a safe and protected wallet to prevent any hacks.

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Just 3 easy steps to start investing in Chiliz

Sign up and verify
your account

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deposit

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FAQ

Frequently asked questions

You can find several exchanges that accept CHZ tokens. However, you should know that most exchanges receive an extra expense as the processing fee on their platform. If you want to find a more cost-effective exchange, you can buy CHZ from the Blocktrade exchange with zero processing fee.

Some of the greatest advantages of this payment method include: Simplified payments handling, Reduced processing costs, Reduced bank charges, Quick payments, and Easier cross-border transfers.

It is unpredictable to see the future of the Chiliz tokens on the market. However, since this project is new and under development, more people and sports teams might join this platform in the future. Thus, it may have a good fate.

There are no fees associated with this method initially. But note that SEPA trades crypto by Euro fiat currency, so if you insist on trading with other currencies using this method might require extra fees. Also, there are zero exchange fees for your crypto-trading through our exchange.

Currently, many prominent and well-known clubs have participated in this project. To name a few, we can mention Juventus Turin, Paris Saint-Germain, and FC Barcelona.

SEPA compatible areas consist of EEA (European Economic Area) countries, the United Kingdom, Switzerland, Andorra, Gibraltar, San Marino, and Vatican City.

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