ChangeNOW is a non-custodial crypto exchange that allows users to instantly swap crypto and fiat assets. Currently, the platform has over 600 crypto and fiat assets and more than 150,000 asset pairs available for exchange without the extra steps like account registration and verification.
The simple and intuitive design of the user interface makes it easy for both new and experienced traders to conduct the swap within as little as 40 seconds. Since ChangeNOW is supplied with limitless liquidity by seven CEX and DEX liquidity providers who engage in cross-exchange trading, there are no restrictions on how much you can buy, sell, or trade!
Easy to Get Started
Besides the user interface and its simple design, ChangeNOW has many advantages that are convenient for new users. The minimum exchange amount starts at a low $2 and, for most of the assets, there is no maximum amount. At the same time, since the exchange is instant and non-custodial, no lengthy KYC and AML procedures are required to use the platform as users receive assets straight to their crypto wallet in just four clicks.
Skipping registration and verification processes allows ChangeNOW users to remain anonymous and keep all their personal information private while conducting transactions. However, there are additional features that can be used with a registered account, such as transaction and exchange history.
Security and Reputability
When it comes to financial transactions, choosing a reputable exchange is very important. ChangeNOW has been operating for over 5 years and receives consistently positive user feedback: the average Trustpilot rating is 4.8 out of 7,500+ reviews, with 91% of those being positive. In this article by Bitcoinist.com, the author looked at some negative user feedback and highlighted the reasons why the ChangeNOW platform is absolutely legit and trustworthy.
A major advantage of using a non-custodial exchange service is the fact that the platform does not own private keys to user wallets. While other major custodial platforms reserve the right to stop transactions or even block accounts, ChangeNOW users are completely in control of their funds.
At the same time, there are automated AML mechanisms that are able to detect fraudulent transactions and keep the platform safe and secure. Just this year, the ChangeNOW security team was able to retrieve $100k worth of XRP and return the funds to victims of a giveaway scam. In another case, users fell victim to a phishing scam with 60 ETH in losses. The compromised funds, which at the time were worth $210,000, were successfully held and returned to their rightful owners by the ChangeNOW AML system. Because of the efforts on educating users on keeping their funds safe and assisting scam victims, ChangeNOW users can have peace of mind when it comes to the platform’s integrity.
A Wide Range of Features and Assets
A major advantage of ChangeNOW is that it isn’t just an exchange but an entire ecosystem of 12 products and services that include a crypto wallet, a portfolio tracker, loan services, nodes, and payments. Users can manage all of their crypto operations in one place.
Besides offering all major crypto assets, ChangeNOW also has over 60 fiat currencies listed. It supports popular fiat payment methods like Visa, Mastercard, UnionPay, SEPA, Swift, UK Fasterpayments, etc. right in the API, which means the user base has access to fiat currencies on and off-ramp right in the UI. Some of the rarest currency pairs are listed on ChangeNOW thanks to an extensive liquidity provider deck. To increase the number of options, new assets and pairs are continuously added to the platform. Ever heard of a FUN/EGG exchange pair? We have it.
24/7 Support
In case there are any questions or concerns, ChangeNOW users have access to a multi-level customer support team that includes various specialists, from managers to engineers. As a result, even the most complicated cases can be solved quickly and around-the-clock. The team is justly proud of the average response time of customer support specialists—it is less than 2 minutes!
Besides that, there are always other ChangeNOW users who can join the discussion because the social media community includes over 50,000 subscribers. The official blog‘s news and analytics are also popular with crypto professionals and newcomers alike.
Best Exchange Rates
All exchange rates on ChangeNOW are dependent on the market conditions and are completely transparent to the user. All charges are visible to the user before the transaction is commenced: there are no surprises and no hidden fees.
Besides taking advantage of reasonably priced and convenient swaps, ChangeNOW users can track transaction status and provide a refund address in case the transaction needs to be reversed. At the same time, due to the smart exchange engine, if the platform trades at a better rate than the estimate, the user’s payment is increased. 50% of users get a bigger amount than was initially estimated.
Additionally, ChangeNOW provides cross-exchanges, so you can swap a coin from Binance for a coin listed on Uniswap at the best rate.
Continued Development
As can be seen from taking a look at the features that ChangeNOW offers, the team behind the exchange always strives to achieve excellence on all fronts. Whether it’s designing the simplest and most intuitive interface, finding the best liquidity providers, or listing both the most popular and most obscure assets – we work hard to fulfill all user needs. The ChangeNOW exchange and its related products thus remain at the forefront of the cryptocurrency industry as a whole thanks to continuous innovation and a focus on user feedback.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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