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Home»Blockchain»Bitget launches CHZ support on the Chiliz Chain
Blockchain

Bitget launches CHZ support on the Chiliz Chain

2023-10-21No Comments4 Mins Read
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Breaking news: Bitgeta well-known crypto exchange, will participate in the exciting upcoming launch of Chiliz (CHZ) on the Chiliz chain, making Chiliz (CHZ) deposits soon available on the Chiliz blockchain. Check out all the details below.

  • Bitget embraces the revolutionary Chiliz Chain with support for crypto CHZ
  • Chiliz is revolutionizing the sports world with the launch of the public mainnet Chiliz Chain
  • Bitget is looking for new possibilities with Bitget Card and Web3 technology

Bitget embraces the revolutionary Chiliz Chain with support for crypto CHZ

As expected, Bitget, a leading crypto trading platform, is preparing to support the upcoming launch of Chiliz (CHZ) on the Chiliz chainan important step towards expanding the CHD ecosystem.

Bitget users will soon have the option to deposit Chiliz (CHZ) directly onto the Chiliz Chain, simplifying the cryptocurrency management process and increasing the accessibility of CHZ services.

In addition, Bitget is working to make Chiliz (CHZ) recordings available on the Chiliz Chain. This new feature allows users to easily move their funds between the Bitget platform and the Chiliz Chain for greater returns flexibility and ease of use.

The addition of CHZ to the Chiliz Chain strengthens Bitget’s position as one of the leading cryptocurrency exchanges, capable of adapting and supporting evolutions in the cryptocurrency industry.

Furthermore, the integration of CHZ into the Chiliz Chain is a step forward in Bitget’s mission to provide its users with access to a wide range of cryptocurrencies and services, thus promoting the adoption and use of cryptocurrencies in the real world.

See also  On chain or off chain? The impact of zero-knowledge proofs in the payments industry

Chiliz is revolutionizing the sports world with the launch of the public mainnet Chiliz Chain

Chiliz, the sports leading blockchain provider, recently marked a new beginning with the official launch of the public mainnet Chiliz Chain.

This marks the starting point for the next phase of the company’s mission to improve interactions between fans, communities and their beloved sports teams and brands through blockchain technology.

Specifically, Chiliz Chain, an interoperable, EVM-compatible Layer-1 ecosystem, will be a system of eleven Evidence of concerned authority (PoSA) node validators, including some leading names in the blockchain industry.

These validators will be responsible for validating transactions and creating a highly secure environment for authorized developers to build projects that will shape the future of web3 in sports.

The first validators announced include Spring Crypto, Paribu and Meria (formerly known as Just Mining), with more announcements to come.

In addition to offering lower costs and shorter block times, Chiliz’s PoSA blockchain model consumes significantly less energy, contributing to the company’s sustainable development efforts.

All fees for Chiliz Chain are paid through the native $CHZ token, which will play a key role within the ecosystem.

Chiliz Chain’s goal is to become the one-stop shop for sports brands in the web3 world, opening doors to Chiliz’s extensive sports network, including partners such as Socios.com and other big sports and non-sports names.

This will enable the exploration of new innovative ways to engage fans and communities through Fan Tokens and web3 technology.

In short, constant innovation will drive the growth of Chiliz Chain, with the support of Chiliz Labsa $50 million accelerator and incubator backed by Jump Crypto.

See also  Shanghai Tanlian recognized as National High -Tech Enterprise

This program supports sports-related blockchain projects in the early stages of development that want to build on the Chiliz Chain.

Bitget is looking for new possibilities with Bitget Card and Web3 technology

Bitget was also recently present at the Future Blockchain Summit in Dubai, confirming its expansion into the Middle East. During the event CEO of Bitget Gracy Chen revealed the company’s ambitious plans for the future.

Chief among these is the upcoming launch of the Bitget carda cryptocurrency-based premium credit card that will serve as a cryptocurrency payment solution.

This card allows users to easily convert their cryptocurrencies into fiat money, allowing them to be spent at any merchant that accepts traditional debit or credit cards.

Integrated with the Bitget platform, the card provides direct access to Bitget trading accounts and wallets, giving users greater control over funds.

Bitget promises ease of use, cash rewards on qualifying purchases, and advanced security measures. Bitget expects that this card will be accepted in 180 countries.

In addition, Bitget is exploring opportunities related to the synergy between Web3 and AI technologies.

It is not surprising that the fair’s recent rebranding was introduced AI-based toolswhich reflects the new vision to provide more intuitive, secure and efficient financial tools for the future.

Gracy Chen highlighted the crucial role of artificial intelligence in Web 3.0 technology and highlighted the opportunities for collaboration with it Telegram‘s massive user base of nearly 800 million monthly active users, which opens new vistas for Bitget in the crypto ecosystem.

See also  Users must take steps before January 10 to prevent asset loss

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#chiliz #chz Bitget Chain Launches Support
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