Understanding the CHZ/USDT Market Pair
The CHZ/USDT trading pair represents the exchange rate between Chiliz (CHZ) and Tether (USDT) on the Binance platform. This pairing allows traders to measure CHZ's value against a stablecoin (USDT), providing price stability during volatile market conditions.
Key Details:
- Exchange: Binance
- Pair: CHZ/USDT
- CHZ: Fan token ecosystem for sports and entertainment
- USDT: Stablecoin pegged to the US Dollar
Historical Price Performance (2020 Data)
Below is a detailed price history table showing CHZ/USDT performance from April-June 2020:
| Date | Price (USDT) | Volume (CHZ) | Open | Low | High | Close |
|---|---|---|---|---|---|---|
| 2020-06-10 | 0.0125 | 58,441,948 | 0.0125 | 0.0121 | 0.0127 | 0.0124 |
| 2020-06-09 | 0.0125 | 76,279,023 | 0.0122 | 0.0119 | 0.0128 | 0.0125 |
| [...] | [...] | [...] | [...] | [...] | [...] | [...] |
| 2020-04-22 | 0.0065 | 20,155,829 | 0.0064 | 0.0063 | 0.0066 | 0.0066 |
Notable Trends:
- April 2020: CHZ traded between 0.0063-0.0070 USDT
- May 2020: Significant volatility with prices ranging from 0.0077-0.0123 USDT
- June 2020: Relative stabilization around 0.0120-0.0128 USDT
Trading Insights for CHZ/USDT
👉 Discover real-time CHZ/USDT charts
Key observations:
- Highest single-day volume: 739,056,399 CHZ (May 7, 2020)
- Largest price swing: +30% (May 5-7, 2020)
- Most stable period: Late June 2020 (±5% daily fluctuations)
FAQ: CHZ/USDT Trading
Why trade CHZ against USDT instead of BTC?
USDT provides price stability during market downturns, allowing clearer measurement of CHZ's intrinsic value without Bitcoin's volatility influence.
How does Chiliz's utility affect CHZ price?
The CHZ token gains value through:
- Fan engagement platforms
- Sports partnerships
- NFT integrations
Demand increases as more teams join the Socios.com ecosystem.
What are the liquidity conditions for CHZ/USDT?
Binance maintains deep liquidity for this pair, evidenced by:
- Consistent high trading volumes
- Narrow bid-ask spreads
- Minimal slippage on large orders
👉 Compare CHZ pairs across exchanges
Key Takeaways for Traders
- Volatility periods present arbitrage opportunities
- USDT pairing reduces exposure to BTC swings
- Fundamental growth of Chiliz ecosystem impacts long-term valuation