Mercado Bitcoin, the biggest cryptocurrency exchange in Brazil and Latin America, announced the addition of a new token CHILIZ ($CHZ). Chiliz is a sport-focused token and looks for considerable market share in the sport-loving nation of Brazil. Chiliz company also develops a popular fan voting application Socios that has a significant user-base.
Cryptocurrency Trading Opportunities for Sport Fans
Mercado Bitcoin owns a considerable share in the cryptocurrency exchange market in Latin America. Many nations like the home of this exchange in Latin America are full of sports lovers. So, adding a sport-focused token like Chiliz means many new traders will join the exchange platform. Besides, more than 1.9 million users in the Mercado platform can now trade $CHZ with $R (Brazilian Reals) or major cryptocurrencies that mean the more significant market for the coin.
Socios is the primary platform for CHZ users that provides services like fan voting and rewards, Socios helps the fans ‘Be More Than A Fan’ and collaborate in various activities within a sports club. They can receive awards for participating in cryptocurrency token $CHZ. Many significant clubs like FC Barcelona, Juventus, Paris Saint-Germain, Atlético de Madrid, AS Roma, Galatasaray, CA Independiente and esports team OG are Socios partners. Chiliz signed a global partnership with UFC, too to grow its reach within combat sports lovers.
About 50 more clubs and sports organizations will join Chiliz in 2020 and 2021. Fans can buy and sell their tokens via Socios.com Marketplace or Chiliz.net the first cryptocurrency exchange focused on sports & entertainment. Now Mercado ill be another option for trading those fan tokens.
The addition of $CHZ to Merkado platform means many more people can access the token. Alexandre Dreyfus, CEO & Founder of Chiliz & Socios.com, said in the press release:
“Everyone knows about the huge passion for sport, particularly soccer, in Brazil and this listing will increase the accessibility of $CHZ for sports fans and crypto enthusiasts in the country. Brazilians have shown a lot of enthusiasm for blockchain, with the percentage of those owning cryptocurrency around twice as high as in the US. The country’s deeply embedded passion for sport together with its willingness to embrace the latest technology makes it a very interesting market for us.”
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