Coincheck Adds Chiliz and Chainlink Cryptocurrencies

Coincheck chiliz

Coincheck, a part of Monex Group, has declared that it will introduce Chiliz (CHZ) and Chainlink (LINK) to its digital currency exchange platform beginning April 26, 2023.

Coincheck chiliz

The Chiliz currency (CHZ) is a form of digital money that can be found on the fan engagement platform Socios.com. It can be used to purchase official fan tokens from professional sports teams, take part in fan voting, and communicate with professional sports teams and entertainment companies.

Since its launch, the Chiliz project has attracted a lot of attention. And has partnered with more than 150 professional sports teams in 25 countries, such as FC Barcelona and Juventus.

LINK, the token of Chainlink, is utilized to pay for services and to compensate node operators in the system. Chainlink is a decentralized network designed to link smart contracts on the Ethereum blockchain with off-chain data. The platform was created to address the issue of smart contracts being unable to access external information.

Google and other firms are part of the Chainlink network. And further growth is expected to drive up the usage of LINK.

Read more: CME Group Expanding Trading for Bitcoin & Ether | Brokers Times

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