How and Where to Buy SPORTZCHAIN (SPN) – Detailed Guide
- What is SPN?
- Step 1: Register on Fiat-to-Crypto Exchange
- Step 2: Buy USDT with fiat money
- Step 3: Transfer USDT to an Altcoin Exchange
- Step 4: Deposit USDT to exchange
- Step 5: Trade SPN
- Last Step: Store SPN securely in hardware wallets
- Other useful tools for trading SPN
- Frequently Asked Questions
- Latest News for SPN
- SPN Price Prediction and Price Movement
What is SPN?
$SPN Buy and Trade
If you would like to know where to buy $SPN at the current rate, the top cryptocurrency exchange for trading in Sportzchain token ($SPN) are Bitrue, Coinstore and Quickswap. You can also earn upto 100% APY through staking $SPN token on our platform
SPORTZCHAIN – An Overview
SPORTZCHAIN is the world's first ENGAGE-TO-EARN (E2E) platform for sports fans powered by $SPN. We are building a ‘Digital World For Fans’ offering Sports Tokens (Fan Token 2.0), Watch-To-Earn, Fan Commerce, Gamefi and more. SPORTCHAIN is poised to capture the Asian sports fan market which holds more than 3.5 billion fans by rewarding them for their fan engagement. Sportzchain is a sports fan-centric platform where the aim is to provide a 360-degree fan engagement approach for sports fans to engage and earn, all powered by our native asset $SPN. We have built the engage-to-earn ecosystem which encompasses the following interlinked products
- Sports Token – Back your favourite teams by buying their fan tokens, influence them directly and gain financial benefits when the team performs and engages with the fanbase through polls and other engagement avenues
- Watch to earn – Watch live sports games across the world, and earn as a passive watcher or as an active participant
- Fan commerce – Redeem $SPN on sports merchandize, match day tickets and OTT subscription
- NFTs – buy NFTs of your favourite teams including one-of-a-kind phygital NFTs that give you money can’t buy privileges with expanded utility across the Sandbox Metaverse
- Gamefi – Play to earn games where you can earn while participating in sports casual games for football, cricket etc.
In other words, whatever users do on Sportzchain platform and interact & engage with like minded fans will be rewarded with our off-chain tokens (RWRD) that can be then redeemed for $SPN, fan tokens, discounted merchandise and more. So it is time to not just ENGAGE but ENGAGE and EARN
Our Current Progress
- Exclusive sports token and NFT partnership with 5+ teams in Cricket and Kabaddi (a renowned sports in India) giving access to 800K fanbase
- In discussion with 10+ sporting teams in Asia across cricket, Football, Rugby, e-Sports
- LOI partnership with SANDBOX (through BRINC) to add metaverse fan engagement for our sports IPs
- Alpha app launched (fans.sportzchain.com) and we made history with doing Asia's first ever binding polls where fan decided the jersey for their team
- IDO / IEO launch in August & September 2022. Followed by TGE and listing of $SPN on centralized exchanges
- Partnererd exchanges: Bitrue and Coinstore. In discussion with Gate, MEXC, HitBtc, XT, Huobi, Bitmart, Lbank
- More than 50,000 active users on our webDapp - fans.sportzchain.com
SPORTZCHAIN’S mission is to tokenize the membership programs of sporting teams and convert passive fans to **‘Invested Fans’. **
What is $SPN Token?
$SPN will act as the engine (or the passport) to our digital world that would empower the fans to get access to VIP privileges, gamifications, contests, content, etc. – all in our platform. In essence, $SPN is a utility asset that acts as a booster for the platform. All activities including buying sports tokens (Fan tokens 2.0) of your favorite team, participating in polls and contests, accessing exclusive and VIP privileges, enjoying ‘money cant buy’ experiences will require you to hold $SPN tokens. To summarize, with $SPN constituting the core of our platform functions, we believe we will deliver high engagement and attractive rewards for the token holders over the short, medium and long terms. For early adopters of $SPN, we will provide staking programs with up to 40% APY providing passive income for hodlers of $SPN.
Tokenomics
The total supply of $SPN is 10 Billion (ERC and Polygon) and expected to be launched on various CEX on or before September 2022. The token distribution is as follows:-
- Pre-Seed Sale – 8.65%
- Seed Sale – 3.35%
- Private & Public Sale – 7.0%
- Teams (current and future) – 19%
- Advisors – 5%
- Community Rewards & Benefits – 10%
- Marketing and Partnerships – 17%
- Liquidity & Platform – 10%
- Treasury & Expansion – 20%
NOTE: At the time of TGE only less than 2% of total token supply will be unlocked.
Our mission is to maintain a circulating supply of not more than 60% by the end of 3 years and have the flexibility of burning and buying back the tokens for the benefit of token holders and having a healthy supply in the market.
Who are the founders of SPORTZCHAIN?
Sportzchain is backed by strong, seasoned professionals who more than a decade long experience across finance, consulting, technology, investment banking and entrepreneurship. Siddharth Jaiswal – the founder – has over 15 years of experience across finance, blockchain consulting, crypto investing and hands-on experience with various start-ups. He considers this project very close to his heart as he believes its about time the multi billion fan engagement industry is disrupted and the fans get the ultimate power to influence their favourite team decisions and be financially rewarded
Who are the advisors and backers of SPORTZCHAIN?
The founders of SPORTZCHAIN are backed by the who’s who of the blockchain industry in Asia. The advisors backing the project are Mr. Ajeet Khurana, Mr. Sunil Sharma and Mr. Kartik Garg, Mr. Shreyas Kutty, who have more than a decade long experience in the blockchain and cryptocurrency world and they have advised successful unicorn project like Polygon, MakerDao, Zebpay and many more.
Polygon has provided a grant to SPORTZCHAIN and the project is backed by renowned crypto and traditional VCs and investors. The seed round was led by DARQ Capital, SUNiCON, EX-COO Goldman Sachs India, Crypto Camel, Polygon (grant) and was participated by various angel investors from crypto fraternity
What makes SPORTZCHAIN unique?
SPORTZCHAIN is world's first ENGAGE-2-EARN platform for sports fans. Through this ecosytem the fan engagement will be revolutionized and now fans will not just participate for the entertainment quotient but along with that they will be able to earn passive and active rewards. ENGAGE to EARN philosophy will help us garner not only the interest of WEB3 users but also expand our reach to WEB2 sports fans as well creating significant demand and value for our native asset $SPN. Our ENGAGE-2-EARN model is completely different from other X-2-Earn models which aren't sustainable enough for the tokenholders. The rewards in our platform are through RWRD, which is an off-chain token for now and can be redeemed not only for $SPN but respective fan tokens as well as vouchers and sporting merchandise limiting the supply of $SPN in the market.
Further, what makes us different compared to other Sports web3 project is that our fundamental premise is a fan-first approach and are building a fan-centric platform that will open up a new and a ‘never seen before’ world for sports fans. In summary, we are NOT just a ‘Fan Token’ or a ‘Sports Token’ company – we are more than that.
SPN was first tradable on 8th Nov, 2021. It has a total supply of 9,900,000,000. As of right now SPN has a market capitalization of USD $3,110,722.07. The current price of SPN is $0.000311 and is ranked 3814 on Coinmarketcap and has recently surged 61.16 percent at the time of writing.
SPN 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 USDT 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 SPN.
Step 1: Register on Fiat-to-Crypto Exchange
You will have to first buy one of the major cryptocurrencies, in this case, USDT (USDT). 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 USDT 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 USDT, 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 USDT to an Altcoin Exchange
But we are not done yet, since SPN is an altcoin we need to transfer our USDT to an exchange that SPN can be traded. Below is a list of exchanges that offers to trade SPN in various market pairs, head to their websites and register for an account.
Once finished you will then need to deposit USDT to the exchange from UpHold. After the deposit is confirmed you may then purchase SPN from the exchange view.
Last Step: Store SPN 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 SPN 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.
Frequently Asked Questions
Can I buy SPN with cash?
There is no direct way to buy SPN with cash. However, you can use marketplaces such as LocalBitcoins to first purchase USDT, and finish the rest of the steps by transferring your USDT 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 SPN 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 SPN 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 SPORTZCHAIN's fundamentals and current price here.
Latest News for SPN
