Coincheck, the cryptocurrency exchange operated by Monex Group’s Coincheck Inc., continues to expand its lineup of tradable digital assets. With a strong focus on enhancing user experience and launching innovative services, Coincheck has consistently introduced new cryptocurrencies to meet growing market demand.
Following the launch of FNCT trading in March 2023, Coincheck officially added Chiliz (CHZ) and Chainlink (LINK) to its platform on April 26, 2023. This strategic expansion strengthens Coincheck’s position as a leading exchange in Japan and provides users with broader access to high-potential blockchain ecosystems.
👉 Discover how top crypto platforms support emerging digital assets like CHZ and LINK.
What Is Chiliz (CHZ)?
Chiliz (CHZ) is a blockchain-powered digital currency designed to revolutionize fan engagement in sports and entertainment. Built on the Ethereum network, CHZ serves as the native token of the Socios.com platform—a global fan engagement ecosystem that allows supporters to interact directly with their favorite sports teams and artists.
Fans can use CHZ to purchase official fan tokens, which grant them voting rights on non-critical team decisions—such as choosing matchday playlists, designing warm-up jerseys, or selecting charity partners. These interactive features deepen fan loyalty and open new revenue streams for clubs.
As of April 2023, Chiliz has partnered with over 150 professional teams across 25 countries, including football giants like FC Barcelona and Juventus FC. The platform continues to expand into esports, combat sports, and music, signaling strong long-term growth potential for CHZ.
Key CHZ Metrics (as of April 12, 2023):
- Market Cap: ¥115 billion JPY
- Max Supply: 8,888,888,888 CHZ
- Consensus Mechanism: Proof of Stake (Ethereum-based)
With increasing adoption in fan-driven economies, CHZ is emerging as a key player in the convergence of blockchain technology and real-world engagement.
What Is Chainlink (LINK)?
Chainlink (LINK) is a decentralized oracle network that bridges smart contracts with real-world data. Since smart contracts on blockchains like Ethereum cannot natively access external information—such as weather data, stock prices, or sports results—Chainlink fills this critical gap.
By connecting off-chain data sources to on-chain applications, Chainlink enables secure, reliable automation across industries including DeFi (decentralized finance), insurance, and supply chain management.
Nodes in the Chainlink network are incentivized with LINK tokens for providing accurate data and maintaining system integrity. This economic model ensures high reliability and resistance to manipulation.
The ecosystem has become foundational to modern blockchain infrastructure, powering thousands of projects such as Aave, Synthetix, and Google Cloud integrations.
Key LINK Metrics (as of April 12, 2023):
- Market Cap: ¥497 billion JPY
- Max Supply: 1,000,000,000 LINK
- Consensus Mechanism: Proof of Stake (Ethereum-based)
As blockchain applications grow more complex, Chainlink’s role as a trusted data gateway becomes increasingly vital—making LINK one of the most widely integrated crypto assets in the industry.
How to Trade CHZ and LINK on Coincheck
Starting April 26, 2023, Coincheck users gained the ability to buy, sell, send, and receive both Chiliz (CHZ) and Chainlink (LINK) through the exchange’s web platform and mobile app.
Additionally, both tokens are supported across several key services:
- Coincheck Lending Service: Users can lend their CHZ and LINK holdings to earn interest.
- Recurring Purchase Plans: Automate regular investments in CHZ and LINK.
- Coincheck NFT (Beta): From April 27 onward, CHZ and LINK were added as payment options for NFT purchases on the platform’s beta marketplace.
Please note: While CHZ and LINK may have appeared on the interface prior to launch, actual trading was only enabled after the official go-live date. Coincheck announced the activation via its official Twitter account @coincheckjp, ensuring users received timely updates.
To begin trading, users must first create a free Coincheck account—an easy process that takes as little as five minutes via browser or mobile app.
Why This Expansion Matters
The addition of CHZ and LINK reflects Coincheck’s commitment to offering not just popular cryptocurrencies, but also purpose-driven digital assets with real-world utility.
- CHZ taps into the booming intersection of sports, entertainment, and Web3—offering fans unprecedented influence.
- LINK supports the backbone of smart contract functionality, making it essential for DeFi innovation and enterprise blockchain adoption.
These listings give Japanese investors greater exposure to global trends in decentralized finance and digital engagement—two of the most dynamic sectors in the crypto space.
Moreover, supporting multiple use cases—from lending to NFT payments—enhances asset liquidity and user retention on the Coincheck platform.
Frequently Asked Questions (FAQ)
Q: When did CHZ and LINK become available for trading on Coincheck?
A: Trading for both Chiliz (CHZ) and Chainlink (LINK) began on April 26, 2023, with full functionality across Coincheck’s core services.
Q: Do I need to verify my identity to trade CHZ and LINK?
A: Yes. Like all regulated exchanges in Japan, Coincheck requires users to complete identity verification before trading any cryptocurrency.
Q: Can I use CHZ or LINK to buy NFTs on Coincheck?
A: Yes. Starting April 27, 2023, both CHZ and LINK were integrated as payment methods on Coincheck NFT (Beta).
Q: Are there fees associated with buying or selling CHZ and LINK?
A: Coincheck applies standard trading fees based on user activity levels. Fees are transparently displayed before each transaction.
Q: Is Chainlink built on its own blockchain?
A: No. Chainlink operates as a decentralized oracle network primarily on the Ethereum blockchain using ERC-20 standards for its LINK token.
Q: How does Chiliz generate value for holders?
A: Value comes from utility—CHZ powers fan token purchases and voting rights on Socios.com—and from increasing adoption by major sports organizations worldwide.
👉 See how advanced crypto platforms enable seamless trading and utility for tokens like CHZ and LINK.
Final Thoughts
Coincheck’s decision to list Chiliz and Chainlink underscores a broader trend: the evolution of cryptocurrencies from speculative assets to tools enabling real-world interaction and decentralized infrastructure.
For users, this means more opportunities to engage with digital economies—from supporting favorite sports teams to participating in DeFi protocols powered by reliable data feeds.
As blockchain adoption accelerates globally, exchanges like Coincheck play a crucial role in bridging mainstream users with innovative technologies. The inclusion of CHZ and LINK marks another step toward a more diverse, functional, and accessible crypto ecosystem in Japan and beyond.
Core Keywords: Chiliz (CHZ), Chainlink (LINK), cryptocurrency trading, decentralized oracle network, fan engagement tokens, smart contract integration, Coincheck exchange