How and Where to Buy FC Barcelona Fan Token (BAR) – Detailed Guide
- What is BAR?
- Step 1: Register on Fiat-to-Crypto Exchange
- Step 2: Buy BTC with fiat money
- Step 3: Transfer BTC to an Altcoin Exchange
- Step 4: Deposit BTC to exchange
- Step 5: Trade BAR
- Last Step: Store BAR securely in hardware wallets
- Other useful tools for trading BAR
- Frequently Asked Questions
- Latest News for BAR
- BAR Price Prediction and Price Movement
What is BAR?
To find out even more about this project, check out our deep dive of FC Barcelona Fan Token.
What Is FC Barcelona Fan Token (BAR)?
FC Barcelona Fan Token (BAR) is a utility token created in collaboration between FC Barcelona and Chiliz, a global blockchain financial technology provider for the sports and entertainment industry. Fan tokens are digital assets that never expire, and provide their holders with an ability to vote in polls and participate in quizzes & contests published on the Socios.com app - a sports fan engagement platform developed by Chiliz and built on Chiliz Chain.
$BAR is the one and only official fan token of Barça that provides fans with a tokenized share of influence in the life of their favorite club. The token was created with the aim of bringing the community closer together and attracting a global audience by making it easier to interact with the soccer team.
The launch of the BAR token took place in June 2020, BAR offered its owners the right to participate in surveys related to the activities of FC Barcelona, plus the opportunity to earn unique prizes. Token holders vote using a smart contract, and FC Barcelona must take into account the outcome of the poll and implement the results.
Fan Tokens serve as a membership that allows users to compete for exclusive rewards and team recognition. Rewards include match tickets, exclusive fan experiences, Socios.com bonuses, club NFTs and digital badges. What's more, through BAR, members can purchase VIP goods / services, VIP access to stadiums and match tickets, and rare collectible items. Users can stake BAR for NFT rewards, and also gain access to the gamified utility.
Who Are the Founders of FC Barcelona Fan Token?
FC Barcelona probably needs no introduction. However, for those who don’t know, FC Barcelona (also known as Barça) is a professional football club from Barcelona, Catalonia (ESP), founded in 1899 by a group of Swiss, Spanish, German and English footballers. Currently, Barça is one of the most popular and talented teams in the world with a huge fan base and massive social media support.
The team competes in La Liga, the top flight of Spanish football. On the international stage, Barcelona has amassed the following trophies: 5 UEFA Champions League titles, 4 UEFA Cup Winners' Cups, 5 UEFA Super Cups, 3 Inter-Cities Fairs Cups, and 3 FIFA Club World Cups. Some of the most famous players of all time including Lionel Messi, Neymar, Ronaldinho and Diego Maradona have played for the club.
FC Barcelona Fan Token (BAR) was launched on June 22, 2020 through the Chiliz platform, in cooperation with Socios.com. Chiliz (CHZ) provides sports and entertainment organizations / clubs with a blockchain-based toolkit that helps them attract, grow and monetize their audience. The company's goal was to improve the existing fan experience and, thus, created a channel for interacting with fans --- Socios.com. The platform was built from scratch on the Chiliz blockchain, and uses CHZ as the main currency. Moreover, the platform allows fans to purchase the official tokens of popular sports teams, including the FC Barcelona Fan Token (BAR).
Alexandre Dreyfus is CEO of Chiliz and Socios.com. As a skilled web entrepreneur with over 20 years of digital experience, Dreyfus has an interesting resume. In the 90s, he developed an interactive travel guide known as Webcity. Later on, in the 00s, he founded two rather successful and major online poker projects such as Winamax and Chilipoker; then, in 2013, he became an owner of the Global Poker Index and The Hendon Mob. On top of that, in 2017 Dreyfus founded Chiliz, a digital currency for sports & entertainment platforms. And in 2018, Socios.com was born, with the goal of providing football and sports clubs with an opportunity to monetize their fan bases by introducing blockchain technology.
What Makes FC Barcelona Fan Token Unique?
The key features of the BAR token are as follows:
To become part of the community, start influencing club decisions and participate in Fan Rewards contests, you must have at least one $BAR. However, the weight of your vote depends on the number of tokens you have, and some activities may require more than just one token.
Token holders have their own perks, including VIP access to the Camp Nou home stadium, the opportunity to meet world famous football legends, as well as the chance to attend autograph sessions and get signed items & team merch.
Barça uses Socios.com to get closer to fans and receive their opinions by posting polls. BAR holders can vote only once, but if a user has 10 tokens, then his vote will be counted as 10. To maintain fair results, polls are limited to a certain amount of tokens, which is set by the club itself.
The Socios platform has a bonus system, so BAR holders get VIP access to all home league, cup and European matches.
Related Pages:
CoinMarketCap takes a deep dive into FC Barcelona Fan Token (BAR) here.
Read about Chiliz (CHZ).
Learn more about Manchester City Fan Token and Arsenal Fan Token.
What are fan tokens? Find out with CMC Alexandria.
What are smart contracts? Find out with the CMC glossary.
Sports NFTs set to explode in 2022. Check out Deloitte's prediction.
How Many FC Barcelona Fan Token (BAR) Coins Are There in Circulation?
$BAR is a utility token deployed on the Chiliz blockchain - a Proof-of-Authority (PoA) sidechain built on Ethereum. BAR helps FC Barcelona make the advantageous decisions, and gives fans access to the VIP experience, official club products, and exclusive content.
<span style="text-decoration:underline;">Fields of using FC Barcelona Fan Token:</span>
**Governance: **Barcelona uploads a number of polls, then BAR holders vote through smart contracts using the Socios.com application and services.
Staking: BAR tokens can be staked for NFT rewards.
**Rewards: **BAR holders are rewarded by participating in club quizzes, games and surveys on the Socios.com app.
The maximum supply of BAR is 40,000,000 coins. As of January 2022, there are 3,551,855.00 $BAR in circulation (9% of the total supply).
How Is the FC Barcelona Fan Token Network Secured?
The Socios.com platform is an intermediary between a football club and its dedicated fans, which provides digital, secure and transparent revenue streams. Socios is based on smart contract technology, uses the Ethereum blockchain and a proprietary crowd control mechanism, so fans are in a manipulation-free environment and vote only in publicly audited polls.
All fan tokens are minted via Chiliz Chain; all voting on the platform proceeds as a series of smart contracts that run through Chiliz. Due to Chiliz Chain, users can share data in a safe and secure manner, as the blockchain stores data using complex mathematics, innovative programming codes, and the application of a public ledger of information that is distributed over a Peer-to-Peer (P2P) network.
Where Can You Buy FC Barcelona Fan Token (BAR)?
As of January 2022, FC Barcelona Fan Token (BAR) is listed on Binance (a strategic investor in Chiliz), FTX, Paribu, BKEX, Mandala Exchange, ZT, and VCC Exchange.
You can get $BAR via Socios.com using $CHZ. In addition, there is a store on Chiliz.net (the world’s first crypto exchange for sports & entertainment) where you can buy fan tokens of your favorite team.
Want to keep track of BAR or CHZ prices live? Download the CMC mobile app.
Check out the most popular sports NFT platforms.
Visit the CMC blog for updates on other projects.
BAR was first tradable on 24th Jun, 2020. It has a total supply of 40,000,000. As of right now BAR has a market capitalization of USD $159,019,140.4. The current price of BAR is $3.98 and is ranked 685 on Coinmarketcap and has recently surged 15.16 percent at the time of writing.
BAR has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin from any fiat-to-crypto exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy BAR.
Step 1: Register on Fiat-to-Crypto Exchange
You will have to first buy one of the major cryptocurrencies, in this case, Bitcoin (BTC). In this article we will walk you through in details two of the most commonly-used fiat-to-crypto exchanges, Uphold.com and Coinbase. Both exchanges have their own fee policies and other features that we will go through in detail. It is recommended that you try both of them and figure out the one that suits you best.
Select Fiat-to-Crypto Exchange for details:
- UpHold
Being one of the most popular and convenient fiat-to-crypto exchanges, UpHold has the following advantages:
- Easy to buy and trade among multiple assets, more than 50 and still adding
- Currently more than 7M users worldwide
- You can apply for UpHold Debit card where you can spend the crypto assets on your account like a normal debit card! (US only but will be in the UK later)
- Easy to use mobile app where you can withdraw fund to a bank or any other altcoin exchanges easily
- No hidden fees and any other account fees
- There are limited buy/sell orders for more advanced users
- You can easily set up recurring deposits for Dollar Cost Averaging (DCA) if you intend to hold cryptos long term
- USDT, which is one of the most popular USD-backed stablecoins (basically a crypto that is backed by real fiat money so they are less volatile and can be treated almost as the fiat money it's pegged with) is available, this is more convenient if the altcoin you intend to buy has only USDT trading pairs on the altcoin exchange so you don't have to go through another currency conversion while you buy the altcoin.
Type your email and click 'Next'. Make sure you provide your real name as UpHold will need it for account and identity verification. Choose a strong password so that your account isn't vulnerable to hackers.
You will receive a confirmation email. Open it and click on the link within. You will then be required to provide a valid mobile number to set up two-factor authentication (2FA), it is an extra layer to the security of your account and it is highly recommended that you keep this feature turned on.
Follow the next step to finish your identity verification. These steps are a bit daunting especially when you are waiting to buy an asset but just like any other financial institutions, UpHold is regulated in most countries such as the US, the UK and the EU. You can take this as a trade-off to using a trusted platform to make your first crypto purchase. Good news is that the whole so-called Know-Your-Customers (KYC) process is now fully automated and it shouldn't take more than 15 minutes to finish.
Step 2: Buy BTC with fiat money
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You may be charged higher fees depending on your credit card company and the volatile prices when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence, some countries will offer instant cash deposit with low fees.
Now you are all set, on the 'Transact' screen under the 'From' field, select your fiat currency, and then on the 'To' field choose Bitcoin, click preview to review your transaction and the click confirm if everything looks good... and congrats! You've just made your first crypto purchase.
Step 3: Transfer BTC to an Altcoin Exchange
Select altcoin exchanges:
- Binance
- Poloniex
But we are not done yet, since BAR is an altcoin we need to transfer our BTC to an exchange that BAR can be traded, here we will use Binance as our exchange. Binance is a popular exchange to trade altcoins and it has a large number of tradable altcoins pairs. Use the link below to register your new account.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world. Unfortunately, Binance does not allow US investors so we recommend you to sign up on other exchanges we recommend on this page.
After going through a similar process as we've done before with UpHold, you will be advised to set up 2FA authentication as well, finish it as it adds extra security to your account.
Step 4: Deposit BTC to exchange
Depends on the policies of the exchange you might be required to go through another KYC process, this should usually take you from 30 minutes to possibly a few days maximum. Though the process should be straight-forward and easy to follow. Once you're done with it you should have full access to your exchange wallet.
If this is your first time making a crypto deposit, the screen here may look a bit scary. But don't worry, it's basically simpler than making a bank transfer. At the box on the right, you will see a string of random numbers saying 'BTC address', this is a unique public address of your BTC wallet at Binance and you can receive BTC by giving this address to the person to send you the funds. Since we are now transferring our previously bought BTC on UpHold to this wallet, click on 'Copy Address' or right-click on the full address and click copy to grab this address to your clipboard.
Now head back to UpHold, go to the Transact screen and click on BTC on the "From" field, choose the amount you wan to send and on the "To" field choose BTC under "Crypto Network", then click "Preview withdraw".
On the next screen, paste the wallet address from your clipboard, for security consideration you should always check if both addresses are matching. It is known that there are certain computer malware that would alter the content in your clipboard into another wallet address and you will be essentially sending funds to another person.
After reviewing, click 'Confirm' to proceed, you should receive a confirmation email instantly, click on the confirmation link in the email and your coins are on the way to Binance!
Now go back to Binance and head to your exchange wallets, don't worry if you haven't seen your deposit here. It is probably still being verified in the blockchain network and it should take a few minutes for your coins to arrive. Depending on the network traffic condition of the Bitcoin network, during busy times it may take even longer.
You should receive a confirmation notification from Binance once your BTC has arrived. And you are now finally ready to purchase BAR!
Step 5: Trade BAR
Go back to Binance, then go to 'Exchange'. Boom! What a view! The constantly flicking figures might be a bit scary, but relax, let's get our heads around this.
In the right column there is a search bar, now make sure "BTC" is selected as we are trading BTC to altcoin pair. Click on it and type in "BAR", you should see BAR/BTC, select that pair and you should see a price chart of BAR/BTC in the middle of the page.
Below there is a box with a green button that says "Buy BAR", inside of the box, choose the "Market" tab here as that is the most straight-forward type of buying orders. You can either type in your amount or choose what portion of your deposit you would like to spend on buying, by clicking on the percentage buttons. When you have confirmed everything, click "Buy BAR". Voila! You have finally bought BAR!
But we are not done yet, since BAR is an altcoin we need to transfer our BTC to an exchange that BAR can be traded, here we will use Poloniex as our exchange. Poloniex is a popular exchange to trade altcoins and it has a large number of tradable altcoins pairs. Use the link below to register your new account.
Poloniex is a centralized cryptocurrency exchange for both experienced and amateur cryptocurrency traders. It offers a range of crypto markets, advanced trade types, as well as margin trading and crypto lending, which makes it a convenient place for traders from all walks of life. Poloniex is a good and very popular exchange that offers very low trading fees, good customer support, easy registration process, multiple cryptocurrencies, and has other amazing features. As Poloniex is a US cryptocurrency exchange, US-investors may of course trade there. But US-investors should in any event do their own independent assessment of any problems arising from their state residency. In particular, investors from the state of New York are often restricted from trading at many cryptocurrency exchanges.
After going through a similar process as we've done before with UpHold, you will be advised to set up 2FA authentication as well, finish it as it adds extra security to your account.
Step 4: Deposit BTC to exchange
Depends on the policies of the exchange you might be required to go through another KYC process, this should usually take you from 30 minutes to possibly a few days maximum. Though the process should be straight-forward and easy to follow. Once you're done with it you should have full access to your exchange wallet.
If this is your first time making a crypto deposit, the screen here may look a bit scary. But don't worry, it's basically simpler than making a bank transfer. At the box on the right, you will see a string of random numbers saying 'BTC address', this is a unique public address of your BTC wallet at Poloniex and you can receive BTC by giving this address to the person to send you the funds. Since we are now transferring our previously bought BTC on UpHold to this wallet, click on 'Copy Address' or right-click on the full address and click copy to grab this address to your clipboard.
Now head back to UpHold, go to the Transact screen and click on BTC on the "From" field, choose the amount you wan to send and on the "To" field choose BTC under "Crypto Network", then click "Preview withdraw".
On the next screen, paste the wallet address from your clipboard, for security consideration you should always check if both addresses are matching. It is known that there are certain computer malware that would alter the content in your clipboard into another wallet address and you will be essentially sending funds to another person.
After reviewing, click 'Confirm' to proceed, you should receive a confirmation email instantly, click on the confirmation link in the email and your coins are on the way to Poloniex!
Now go back to Poloniex and head to your exchange wallets, don't worry if you haven't seen your deposit here. It is probably still being verified in the blockchain network and it should take a few minutes for your coins to arrive. Depending on the network traffic condition of the Bitcoin network, during busy times it may take even longer.
You should receive a confirmation notification from Poloniex once your BTC has arrived. And you are now finally ready to purchase BAR!
Step 5: Trade BAR
Go back to Poloniex, then go to 'Exchange'. Boom! What a view! The constantly flicking figures might be a bit scary, but relax, let's get our heads around this.
In the right column there is a search bar, now make sure "BTC" is selected as we are trading BTC to altcoin pair. Click on it and type in "BAR", you should see BAR/BTC, select that pair and you should see a price chart of BAR/BTC in the middle of the page.
Below there is a box with a green button that says "Buy BAR", inside of the box, choose the "Market" tab here as that is the most straight-forward type of buying orders. You can either type in your amount or choose what portion of your deposit you would like to spend on buying, by clicking on the percentage buttons. When you have confirmed everything, click "Buy BAR". Voila! You have finally bought BAR!
Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once BAR gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Gate.io
Gate.io is an American cryptocurrency exchange that launched 2017. As the exchange is American, US-investors can of course trade here and we recommend US traders to sign up on this exchange. The exchange is available both in English and Chinese (the latter being very helpful for Chinese investors). Gate.io’s main selling factor is their wide selection of trading pairs. You can find most of the new altcoins here. Gate.io also demonstrates an impressive trading volume. It is almost every day one of the top 20 exchanges with the highest trading volume. The trading volume amounts to approx. USD 100 million on a daily basis. The top 10 trading pairs on Gate.io in terms of trading volume usually have USDT (Tether) as one part of the pair. So, to summarize the foregoing, Gate.io’s vast number of trading pairs and its extraordinary liquidity are both very impressive aspects of this exchange.
BitMart
BitMart is a crypto exchange from the Cayman Islands. It became available to the public in March 2018. BitMart has a truly impressive liquidity. At the time of the last update of this review (20 March 2020, right in the middle of the crisis with COVID-19), BitMart’s 24 hour trading volume was USD 1.8 billion. This amount placed BitMart on place no. 24 on Coinmarketcap’s the list of exchanges with the highest 24 hour trading volumes. Needless to say, if you start trading here, you will not have to worry about the order book being thin. Many exchanges does not allow investors from USA as customers. As far as we can tell, BitMart is not one of those exchanges. Any US-investors interested in trading here should in any event form their own opinion on any issues arising from their citizenship or residency.
Last Step: Store BAR securely in hardware wallets
Ledger Nano S
- Easy to set up and friendly interface
- Can be used on desktops and laptops
- Lightweight and Portable
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
Ledger Nano X
- More powerful secure element chip (ST33) than Ledger Nano S
- Can be used on desktop or laptop, or even smartphone and tablet through Bluetooth integration
- Lightweight and Portable with built-in rechargeable battery
- Larger screen
- More storage space than Ledger Nano S
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
If you are planning to keep("hodl" as some may say, basically misspelt "hold" which get popularised over time) your BAR for a considerable long time, you may want to explore ways of keeping it safe, although Binance is one of the safest cryptocurrency exchange there had been hacking incidents and funds were lost. Because of the very nature of the wallets in exchanges, they will be always online("Hot Wallets" as we call them), therefore exposing certain aspects of vulnerabilities. The safest way of storing your coins to date is always putting them into a type of "Cold Wallets", where the wallet will only have access to the blockchain(or simply "go online") when you send out funds, reducing the chances of hacking incidents. A paper wallet is a type of free cold wallet, it's basically an offline-generated pair of public and private address and you will have it written somewhere, and keep it safe. However, it is not durable and is susceptible to various hazards.
Hardware wallet here is definitely a better option of cold wallets. They are usually USB-enabled devices that store the key information of your wallet in a more durable way. They are built with military-level security and their firmware are constantly maintained by their manufacturers and thus extremely safe. Ledger Nano S and Ledger Nano X and are the most popular options in this category, these wallets cost around $50 to $100 depending on the features they are offering. If you are holding your assets these wallets are a good investment in our opinion.
Other useful tools for trading BAR
Encrypted Secure Connection
NordVPN
Because of the very nature of cryptocurrency – decentralised, it means that users are 100% responsible for handling their assets securely. While using hardware wallet allows you to store your cryptos in a safe place, using an encrypted VPN connection while you trade makes it harder for hackers to intercept or eavesdrop your sensitive information. Especially when you are trading on the go or in a public Wifi connection. NordVPN is one of the best paid (note: never use any free VPN services as they may sniff your data in return of free service) VPN services out there and it has been around for almost a decade. It offers military-grade encrypted connection and you can also opt-in to block malicious websites and ads with their CyberSec feature. You can choose to connect to 5000+ servers in 60+ countries base on your current location, which ensures you to always have a smooth and secure connection wherever you are. There is no bandwidth or data limits that means you can also use the service in your everyday routines such as streaming videos or downloading large files. Plus it is among the cheapest VPN services out there (only $3.49 per month).
Surfshark
Surfshark is a much cheaper alternative if you are looking for a secure VPN connection. Although it’s a relatively new company, it has already 3200+ servers distributed in 65 countries. Apart from VPN it also has some other cool features including CleanWeb™, which actively blocks ads, trackers, malware and phishing attempts while you are surfing on your browser. Currently, Surfshark does not have any device limit so you can basically use it on as many devices as you want and even share the service with your friends and family. Use the signup link below to get an 81% discount(that’s a lot!!) at $2.49/month!
Atlas VPN
IT nomads created Atlas VPN after seeing a lack of top-notch service within the free VPNs field. Atlas VPN was designed for everyone to have free access to unrestricted content without any strings attached. Atlas VPN set out to be the first trustworthy free VPN armed with top-notch technology. Furthermore, even though Atlas VPN is the new kid on the block, their blog team’s reports have been covered by well-known outlets such as Forbes, Fox News, Washington Post, TechRadar and many others. Below are some of the feature highlights:
- Strong encryption
- Tracker blocker feature blocks dangerous websites, stops third-party cookies from tracking your browsing habits and prevents behavioural advertising.
- Data Breach Monitor finds out whether your personal data is safe.
- SafeSwap servers allow you to have many rotating IP addresses by connecting to a single server
- Best prices on the VPN market (only $1.39/month!!)
- No-log policy to keep your privacy safe
- Automatic Kill Switch to block your device or apps from accessing the internet if the connection fails
- Unlimited simultaneous connections.
- P2P support
Frequently Asked Questions
Can I buy BAR with cash?
There is no direct way to buy BAR with cash. However, you can use marketplaces such as LocalBitcoins to first purchase BTC, and finish the rest of the steps by transferring your BTC to respective AltCoin exchanges.
LocalBitcoins is a peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer. You can choose to buy from sellers from a certain nearby region on the platform. is after all a good place to go to buy Bitcoins when you can't find your desired payment methods anywhere else. But prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed.
Are there any quick ways to buy BAR in Europe?
Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Uphold.
Are there any alternative platforms to buy BAR or Bitcoin with credit cards?
Yes. is also a very easy to use platform for buying Bitcoin with credit cards. It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. Its user interface is very easy to use and the buying steps are pretty self-explanatory.
Read more on FC Barcelona Fan Token's fundamentals and current price here.
BAR Price Prediction and Price Movement
BAR is up 74.67 percent over the last three months, while its market capitalization is still considered relatively small, which implies that the price of BAR can be very volatile comparing to those with larger market cap during big market moves. However, with a stead growth over the past three months, BAR has the potential to grow further and may yield some very decent gains. Again traders should remain cautious at all time.
Please note that this analysis is purely base on BAR's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.