How to Buy Manchester City Fan Token (CITY) on Bittime

Manchester City Fan Token (CITY) is the official cryptocurrency issued by Manchester City Football Club in conjunction with the Socios.com platform, giving The Citizens fans direct access to voting rights in club decisions and a range of exclusive blockchain-based experiences.

The token was officially launched in March 2021 and is now traded on several international crypto exchanges.

Good news for Manchester City fans in Indonesia, CITY is scheduled to arrive on Bittime this March, opening up direct purchasing access using Rupiah.

Key Takeaways

• CITY is Manchester City's official fan token that runs on the Chiliz Chain, allowing token holders to vote on official club decisions via the Socios.com platform.

• CITY's current price is around $0.67 per token with a market cap of around $8.6 million and a 24-hour trading volume approaching $2 million.

• CITY will be listed on Bittime in March 2025, making it easier for investors and enthusiasts in Indonesia to directly access this token.

What is Manchester City Fan Token (CITY)?

CITY is a utility token born from a partnership between Manchester City FC and Chiliz, a blockchain infrastructure company building a Web3 ecosystem specifically for the sports and entertainment industry.

Socios.com, Chiliz's consumer platform, is the primary place where CITY holders can use their tokens for a variety of purposes.

The token was launched shortly after the huge success of the Paris Saint-Germain Fan Token in early 2020, which sparked a wave of fan token adoption among the world's elite football clubs.

Chiliz Chain itself is a blockchain-based sidechain.Ethereum which uses the Proof-of-Authority (PoA) consensus mechanism.

This infrastructure enables faster transactions at much lower fees than the main Ethereum network, making it an efficient choice for high-volume fan engagement activities.

Contract address CITY on Chiliz Chain is

0x6401b29f40a02578ae44241560625232a01b3f79.

Read also:How to Buy ACM Fan Tokens Safely in Indonesia

What are the Benefits of Holding CITY?

For Manchester City fans, CITY is more than just a speculative asset. This token unlocks a range of privileges and experiences unavailable through other means.

• Voting rights: CITY holders can participate in official club polls, such as choosing the captain's armband message, the team bus design, or the goal celebration song. Each token is worth one vote.

• Exclusive rewards: Access to VIP tickets, visits to the players' area at the Etihad Stadium, official merchandise with special discounts, and exclusive digital content not available to the general public.

• Unique experience: Some CITY holders get the chance to interact directly with players, attend training sessions, or get special recognition as superfans on the Socios.com platform.

• Staking dan reward in-app: Users can also earn CITY through activities within the Socios.com app, including quizzes, games and interacting with club content.

CITY Tokenomics

Understanding the supply structure of a token is important before making an investment decision.

CITY has a maximum total supply of 19.74 million tokens, with the current number in circulation being approximately 12.79 million CITY.

The difference between the circulating supply and the maximum total supply represents the tokens that are still locked in a vesting schedule until 2029.

CITY's vesting schedule is designed to release tokens gradually. Previously, monthly distributions reached significant levels, leading to selling pressure in the market.

However, by the end of 2025, the number of tokens released each month had dropped drastically to around 208,000 CITY per month, which theoretically reduced selling pressure and could act as a price stabilization factor.

CITY's Fully Diluted Valuation (FDV) currently stands at around $13 million. FDV is the estimated market capitalization if the entire maximum token supply were in circulation. This figure is useful for comparing token valuations more comprehensively.

CITY Price and Volatility

CITY's current price is around $0.67, with a 24-hour trading volume of around $2 million and a market capitalization of $8.6 million. Its volume-to-market capitalization (Vol/Mkt Cap) ratio of 25.13% reflects a relatively active trading activity for a token in this segment.

It is worth noting that CITY reached an all-time high (ATH) of $36.19 in 2021, before experiencing a lengthy correction to its current level.

This decline isn't unique to CITY; most fan tokens are experiencing a similar trend as the crypto market normalizes after the 2021 bull run.

Fan token prices are also highly sensitive to non-crypto factors such as team performance on the pitch, star player transfers, and major club news.

How to Buy CITY on Bittime

CITY is scheduled to be listed on Bittime this March. Once available, users in Indonesia will be able to directly purchase and trade CITY using rupiah without having to go through international exchanges.

To check the latest CITY price in Rupiah, visit the CITY price page on Bittime. Want to know the detailed purchasing steps?

Follow the guide How to buy CITY on Bittime. 

You can also check the real-time conversion rate of CITY to Rupiah using the CITY/IDR converter on Bittime.

Bittime is an officially registered crypto platform in Indonesia, ensuring transactions are conducted in a secure and regulated environment.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investing in crypto assets carries high risks. Conduct your own research before making any investment decisions.

How to Buy Crypto on Bittime?

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

FAQ

What is Manchester City Fan Token (CITY)?

CITY is the official token of Manchester City FC, giving holders voting rights in club decisions and access to exclusive experiences through Socios.com.

How much does CITY cost now?

CITY's current price is around $0.67 per token with a market cap of around $8.6 million.

When will CITY be listed on Bittime?

CITY is scheduled to be listed on Bittime in March 2025. Stay tuned for official announcements on the Bittime platform.

What are the benefits of holding CITY besides trading?

CITY holders can vote on club decisions, receive exclusive merchandise, access premium content, and VIP experiences at the Etihad Stadium.

Is CITY a safe investment?

CITY is a highly volatile crypto asset. Its price is heavily influenced by team performance and market conditions, so always conduct your own research before investing.