How to do your Chiliz taxes with Koinly
Chiliz is a blockchain platform that uses its CHZ token to power fan engagement through Fan Tokens, allowing sports fans to vote, earn rewards, and connect with their favorite teams. But if you have CHZ transactions, you may have a tax bill. Koinly can help calculate any gains, losses, or income from your Chiliz investments. All it needs is your transaction history. Here's how to import it.
Follow these steps to sync your Chiliz (CHZ) data automatically to Koinly:
- Open your Chiliz (CHZ) wallet app
- Locate and copy your public address or key
On Koinly:
- Create a free account on Koinly
- Complete onboarding until you get to the Wallets page and find Chiliz (CHZ) in the list
- Select API > Paste the public address/key you copied above in the appropriate box
- Hit Import and wait for Koinly to sync your data. This can take a few minutes
- Review your transactions on the Transactions page to ensure everything is tagged correctly and no missing data
- Go to the Tax Reports page to view your tax liability!
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FAQs
What is Chiliz?
Chiliz is a blockchain platform designed to power fan engagement in sports and entertainment. It enables sports clubs and organizations to issue Fan Tokens (digital assets that let supporters vote in club polls), access exclusive rewards, and participate more actively in their favorite teams. The ecosystem runs on the CHZ token, used to buy and trade Fan Tokens on Socios, Chiliz’s main fan-engagement app. Built on its own EVM-compatible blockchain using a Proof-of-Staked-Authority consensus model, Chiliz aims to create a decentralized yet user-friendly way for fans and clubs to connect. While it opens new revenue and interaction opportunities, Fan Tokens remain speculative assets without ownership rights in the clubs themselves.
Is Chiliz safe?
The Chiliz Chain is EVM-compatible, runs a PoSA validator set (11 validators with slashing/double-sign detection), and its core contracts/bridge/governance have been audited (e.g., Halborn). Socios.com, the main app, has MFSA authorization in Malta and is positioning for MiCA in the EU; it also ships wallet features like passkeys/recovery kits. That said, you still face typical crypto risks, including price volatility, smart-contract bugs, bridge/custody, and phishing risks, so DYOR and practice good opsec.
Does Chiliz provide tax documents?
No, Chiliz doesn't provide tax forms for users, but you can use a crypto tax calculator like Koinly to generate the forms you need. Just import your Chiliz transaction history automatically via API by adding your public address, and Koinly will calculate your gains, losses, income, and more, as well as generate your crypto tax reports.
