I will analyze ChangeNOW Crypto exchange in this article because this is one of the popular non-custodian exchanges where clients need not register for accounts to swap cryptocurrencies instantly.
ChangeNOW boasts over 200 digital assets and helps users perform transactions quickly and easily. It is also very secure and its fees are flexible, making it easy for both novice and seasoned traders.
It is also possible to buy crypto with bank cards, Apple Pay, and Google Pay. Join me as I discuss features such as security and usability.
About Changenow
ChangeNOW is a user-friendly, non-custodial cryptocurrency exchange built and designed to make digital assets easy and swift to swap. Since our founding in 2017, they have been widely recognized for offering over 1000 different cryptocurrencies, complete with accountless exchanges, making it hassle-free and very convenient.
Probably the most impressive thing about ChangeNOW is the flexibility: there are no upper limits on exchanges, and transactions usually take less than two minutes to complete. So, you’re free to start swapping from minimal amounts, which is perfect for newbies or anyone wanting to test the waters.
| Feature | Details |
|---|---|
| Founded | 2017 |
| Fees | Typically ranges from 0.5% to 2%, depending on the transaction and method |
| Support | 24/7 live chat, email support |
| Available Currencies | 200+ cryptocurrencies |
| Payment Methods | Crypto to crypto, bank cards, Apple Pay, Google Pay |
| Security | SSL encryption, two-factor authentication (2FA) |
| Platform Type | Non-custodial (no need for account creation) |
| Mobile App | Available for iOS and Android |
How to Sign Up on Changenow Exchange?
Creating an account for ChangeNow is quite simple. Follow these steps to get set up:
Go to Change NOW Website
Access the site via this link to view the ChangeNow website.
Pick the Exchange Pair You Want
Identify the cryptocurrency you wish to sell and the one you hope to receive on the site. Then type in your preferred amount and select your currencies from the dropdown lists.
Provide Your Wallet Address
Write down the wallet address where you want to process the received cryptocurrency. Ensure that your wallet address is correct.
Confirm the Details
Check through the transaction details, checking the rates, estimated time and other relevant fees that come with it. If you are pleased with everything, click on ‘confirm’.
Transfer Your Funds
From ChangeNow, you will get an address to receive the cryptocurrency that you need to send. From your wallet, send the exact amount to that address. After ChangeNOW receives the funds, they will carry out the exchange and send the cryptocurrency to the provided wallet.
How does ChangeNOW work?
ChangeNOW is integrated into multiple cryptocurrency trading platforms, including Binance, Bitfinex, HTX, OKEx, and Kucoin. At the moment of the trade, we’ll choose the best exchange rate on the market at any given moment and offer it to you.
How Many Types of ChangeNOW Product Available
ChangeNOW provides a variety of goods and services on its platform such as:
ChangeNOW App
Best secure mobile app to buy & sell Bitcoin, Ethereum, Monero and 900+ more cryptocurrencies. Fast coins conversion. Free of accounts, limits and custody.
NOW Tracker App
A portfolio tracking app that allows users to track, manage and optimize their crypto assets with ease.
NOW Wallet
A non-custodial wallet available on mobile and desktop platforms that supports over 40 blockchains. Users can store, buy, exchange and stake cryptocurrencies.
NOW Token
The first native digital asset of an instant exchange platform which has multiple utilities in the ChangeNOW ecosystem.
NOW Blog
A source of crypto news, article publications, market reports, analytics, and more.
ChangeNOW Pro
The service that is more tailored and customized for enhanced user experience enabling users to fully exploit ChangeNOW’s services.
NOW Payments
The service that enables the acceptance of cashless payments in any kind of cryptocurrency for businesses via the internet. Now Payments supports over 300 digital assets.
NOW Custody
A custody solution for receiving, storing, converting, and managing cryptocurrencies via a single powerful API.
NOWNodes
Offers explorer and node APIs with access to over 45 blockchains for businesses and developers needing reliable blockchain infrastructure.
Fees and Limits
Swap area of ChangeNOW is one of the most liked features since its fees for swaps are lower than most exchanges. There are fees for ChangeNow that are adjusted for the currency and amount being exchanged.
ChangeNOW does not offer a clear pricing table nor does it explicitly provide the exchange fee rates. ChangeNOW does advertise its rates inclusive of all fees, estimated to include mining fees, but those are only visible during the process of selling, buying, or swapping.
A lack of fee visibility could make it harder for users to assess how competitive their rates are on ChangeNOW compared to other platforms. On the bright side, users are eligible for cashback in the form of NOW tokens, which depends on the level of membership.
Users receive cashback once they have completed the signup process, which elevates them to 0.1% VIP level for every exchange transaction.
In order to sign up, they complete the signup process which elevates them to the VIP, which provides them with 0.1% cashback for every exchange transaction. You are able to raise your cashback percentage through the paid subscription.
This has the Emerald package at $15 a month and the Brilliant package for $100 a month. Higher tiers come with perks such as greater cashback percentages and stricter anti-money laundering (AML) policies.
Changenow Crypto Trading Tools
Changenow Crypto does let users make trades with over 900 available cryptocurrencies like BTC, ETH, and SOL, but unlike most exchanges, it does not provide extra tools like charts, order books, or even allow limit orders.
Because there is no KYC, ChangeNOW is able to operate as an instant exchange platform. Users get the best available rate while transactions are happening, but it is not possible to target specific prices when executing certain selling and buying orders.
ChangeNOW users can also buy and sell a variety of cryptocurrencies and accept payment through over 50 supported fiat currencies. Government backed currencies are made easier to transact through various payment systems that support debit/credit cards and Google pay.
While ChangeNOW itself does not require KYC, payment channels might ask for financial data. If this is problematic for any users, exercising caution are highly suggested.
Putting the crypto assets themselves as collateral allows ChangeNOW users to easily take loans without credit checks. With loans compounding monthly, the annual interest rate with this service results in a 10% payment each month for interest as regular monthly repayments.
Staking and Earning Rewards
Some users, while reviewing ChangeNOW, seem to miss for ChangeNOW which allows staking through signing up on they can ChangeNOW . The platform lets you deposit and stake your NOW tokens, in exchange giving rewards.
In order to register for ChangeNOW, you must pass identity verification by submitting an identification document; an ID card, passport, driver’s lices or residence permit will suffice, along with a selfie.
The moment a user deposits NOW tokens, those will be staked for you. The total rewards earned are now dependent on the number of tokens staked and the duration of staking.
Starting from 10 NOW, you qualify for staking rewards;
The maximum amount is limited to 100,000 NOW;
Enjoy the benefit of 6.25% interest over your tokens in a year.
Unlike other exchanges like Binance that allow staking of Ethereum, Solana, or Avalanche, ChangeNOW is limited to staking only NOW tokens. Furthermore, for users looking to stake other assets have restricted flexibility when it comes to the types of stakings available.
Is Changenow Crypto Safe?
Changenow Crypto is recognized as a dependable platform for cryptocurrency exchanges. It functions as a non-custodial service, which means it does not store users’ funds and thus decreases the chances of a hacking attack. The platform employs advanced algorithms to extract value from the user’s data and deals.
Besides, ChangeNOW offers continuous updates to defend against various investment scams, as well as disabling ‘bugs’ in the system. There are users who indicate problems with uncompleted trades or with going out of the system, but the platform actively strives to improve its reliability and support.
Affiliate program NOWSolutions
Introduce crypto projects to NOW Solutions and earn up To 25% with crypto partner program!
Changenow Crypto Customer Support
There are multiple options available to reach the ChangeNOW customer support team.
- Help Center: You can resolve any issues by filling out a ticket at the Help Center. Provide your email address and explain the problem you are encountering. You can include an Order ID as well if it is relevant.
- Email: Email your query to support@changenow.io with your questions in the subject and your detailed concerns in the body.
- Live Chat: Click on the chat button found on the official website at the bottom right side of the screen for real-time support.
- Exchange Status Page: If your exchange is unsuccessful, please check the exchange status page page. You need to submit your name and email alongside any other information that you feel is essential. Your exchange ID will be sent automatically.
- Compliance Queries: You can also reach out for compliance queries at compliance@changenow.io.
Changenow Crypto Exchange Alternatives
StealthEX.io: It is a self-custodial exchange that offers instant cryptocurrency swaps with over 450 assets available. This platform prioritizes user privacy by placing a ban on registration and offering a friendly user interface. wccampos
SimpleSwap: An array of 466 cryptocurrencies are supported on this platform which is also friendly to its users. Getting more complicated SimpleSwap easily allows seamless exchanges without the need for account creation. wccampos
Swapzone: This instant cryptocurrency exchange aggregator allows users to compare rates from multiple platforms making it convenient and central. The highlight of Swapzone is they do not require the user to deposit their crypto assets which ensures greater security and control over funds. wccampos
Switchain: This platform scans an array of cryptocurrency switches looking for the best rates for its users for many coins including bitcoin, Monero and Zcash. Switchain emphasizes offering a fully automated live exchange rate market cum simple coin changing interface. wccampos
EasyBit: A decentralized registered exchange that is sensitive to privacy issues, offers transacting on the platform at live market rates. One of the main goals of EasyBit is to make the service as close as possible to mobile devices, helping users who are always on the move. wccampos
Conclusion
To sum up, ChangeNOW has a simple and flexible platform for cryptocurrency exchanges. It offers different services like crypto-to-crypto exchanges, direct purchases of cryptocurrency with fiat, and instant exchanges.
Its non-custodial feature improves security, and the platform is further protected by advanced encryption and real-time security updates. It may not be the most transparent when it comes to fee structures or offer advanced trading tools, but, its simplicity and extensive crypto asset support makes it a preferred offering by many traders, irrespective of their experience level.
Alongside numerous competitive membership benefits, ChangeNOW’s product variety keeps it a trusted name in the rapidly changing world of cryptocurrency.
