Cryptocurrency Q&A Is Chiliz a layer 1 blockchain?

Is Chiliz a layer 1 blockchain?

GangnamGlitzGlamourGlory GangnamGlitzGlamourGlory Sun Oct 06 2024 | 5 answers 1080
Excuse me, could you please clarify if Chiliz is indeed a layer 1 blockchain? I've been hearing a lot about it lately in the cryptocurrency space, but I'm not entirely sure about its technical architecture. Layer 1 blockchains are known for their foundational role in supporting decentralized applications and transactions, so I'm curious to know if Chiliz fits into this category. Your insights would be greatly appreciated. Is Chiliz a layer 1 blockchain?

5 answers

CryptoKnight CryptoKnight Tue Oct 08 2024
Moreover, the added support for Chiliz allows OKX Wallet holders to view and transfer assets seamlessly on the Chiliz chain. This feature enhances transparency and convenience, enabling users to manage their digital assets more efficiently and securely.

Was this helpful?

259
56
IncheonBeautyBloom IncheonBeautyBloom Tue Oct 08 2024
BTCC, another leading name in the cryptocurrency exchange space, offers a comprehensive suite of services that cater to the diverse needs of the digital asset community. Among its offerings, BTCC provides a robust spot trading platform where users can buy and sell cryptocurrencies at real-time market prices.

Was this helpful?

393
55
Martina Martina Tue Oct 08 2024
Additionally, BTCC excels in futures trading, enabling advanced traders to leverage their expertise and speculate on the future prices of various cryptocurrencies. The platform's user-friendly interface and advanced trading tools make it an attractive option for both novice and experienced traders alike.

Was this helpful?

80
97
lucas_emma_entrepreneur lucas_emma_entrepreneur Tue Oct 08 2024
OKX Wallet, a prominent platform in the cryptocurrency sphere, has recently expanded its services by integrating support for Chiliz, a groundbreaking Layer 1 blockchain tailored for the sports and entertainment industries. This strategic move underscores OKX's commitment to fostering a robust and diverse Web3 ecosystem.

Was this helpful?

297
96
Raffaele Raffaele Tue Oct 08 2024
With the integration of Chiliz, OKX Wallet users now enjoy seamless access to a range of exciting opportunities within the sports and entertainment domain. Notably, the platform's users can now trade Chiliz NFTs (Non-Fungible Tokens) at zero fees, a significant advantage that encourages wider participation and enhances the overall user experience.

Was this helpful?

51
39

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts