ChangeNOW Review 2022: Crypto Swaps, Lending, Buying and selling and More

ChangeNOW is a non-custodial alternate founded in 2017, providing a series of crypto-associated products for individuals and endeavor users including crypto-to-crypto swaps.

Our ChangeNOW assessment explores if this platform is the becoming fit for you; we’ll explore the ChangeNOW fees, how many cryptocurrencies it supports, buyer service, and various important core ingredients. 

ChangeNOW —A Like a flash Summary

CHN Community Restricted, the mum or father company of ChangeNOW, is a privately held company headquartered in Seychelles and with offices within the Netherlands.

ChangeNOW is non-custodial, which manner that you simply —and no longer alternate— withhold the non-public keys of your crypto (non-public keys are same to passwords that declare asset ownership).

Non-custodial exchanges include a extensive series of advantages. You don’t include to wretchedness about losing your funds attributable to a cyber-attack, having your account access denied, or having your resources intentionally frozen.

ChangeNOW is a partner of various elite gamers within the crypto industry, including Binance, Trezor, Atomic Wallet, Ledger, Huobi, and quite a lot of of more.

Continually Requested Questions (FAQ)

Is ChangeNOW on hand for all international locations?: The alternate is on hand for a huge series of countries, however there are some exceptions: Cuba, Iran, the USA, Crimea, Sudan, Syria, Bolivia, Bangladesh, Yemen, and North Korea

Can I purchase crypto the employ of a credit card on ChangeNOW?: ChangeNOW supports credit card purchases thanks to its third-birthday celebration partners: Simplex and Guardarian.

Who are the founders of ChangeNOW? CHN Community Restricted is the founding father of ChangeNOW.

Is ChangeNOW legit? How fetch is it?: Lumber, ChangeNOW is a legit company; it uses a extensive series of security protocols to supply protection to its potentialities.

Straightforward methods to Use ChangeNOW

The main dashboard is intuitive and straightforward to navigate. You’ll fetch the alternate part straight on the important thing online page. To make employ of it, enter the series of cryptos you desire to include to alternate for the over 450 cryptocurrencies.

If you’ve selected the cryptos you desire to include to commerce, click on on Swap to be redirected to a checkout online page the place you’ll include to reconfirm the quantity and paste the recipient’s wallet (that you simply must additionally employ a QR code).

It’s without hidden fees. The transaction time will depend upon the cryptocurrency’s respective network. To illustrate, must you’re receiving Ethereum or Ethereum-primarily primarily based mostly tokens, it will capture around 10 to 15 min for the Ethereum blockchain to establish the transaction. 

If you verify the commerce, you cash will be on the capacity. While it’s no longer compulsory, it wouldn’t hurt to go your email address below the procure page to receive a notification from the alternate once your funds reach your wallet.

Additionally, that you simply must paste your ETH wallet below the procure page to receive bonuses within the compose of NOW tokens (we’ll enlarge on the token in one other part). These bonuses give users access to extraordinary ingredients equivalent to mounted rates, accelerated buyer toughen, and fresh coin listings. 

ChangeNOW Registration Job

We beforehand acknowledged that users don’t must plow through a Know Your Customer (KYC) direction of to make employ of the alternate. While this applies to crypto-to-crypto trades, fiat-to-crypto requires a third-birthday celebration price processor, so a registration blueprint is required. 

ChangeNOW conducts fiat-to-crypto trades thanks to 2 third-birthday celebration partners: Simplex, a licensed monetary establishment, and Guardarian, one other licensed price gateway entity.

The registration direction of is modest:

1. Click on the arrow button located on the becoming corner of the procure page
2. Form an email address, and a password, and click on on on Agree with the Terms of Use.
3. Click on Take a look at in.
4. Verify your email address with the hyperlink despatched to your email account.
5. Subsequent, verify your account by submitting a authorities-issued doc equivalent to a passport, ID card or driver’s license.

Diversified Core Facets of ChangeNOW

ChangeNOW has more to supply than honest swapping cryptocurrencies straight. Some important ingredients are:

Now Token

The NOW token is ChangeNOW’s utility asset and comes in two variations: an ERC-20 for the Ethereum ecosystem and a BEP-2 for the Binance Chain. Users can alternate NOW tokens correct during the platform or employ them to purchase products and companies.

Users can additionally stake NOW tokens on the ChangeNOW platform and receive 25% ROI (return of investment). It’s a modern hobby accrual scale —the more time you withhold NOW, the larger the rewards.

Now Wallet

The NOW wallet lets in users to store more than 450 cryptocurrency cash and tokens, including Non-Fungible Tokens (NFTs). 

The NOW wallet is additionally successfully matched with just a few blockchain ecosystems, including Ethereum Polygon, Avalanche, Solana, Binance Natty Chain (BSC), and TRX. Moreover transferring and storing crypto, users can additionally include interaction with dApps (decentralized applications) on these blockchains through QR code.

Telegram Bot

ChangeNOW has an first charge Telegram Bot that lets in users to swap crypto on their phones or desktops and not utilizing an additional fees or hidden fees.

NOW Payments

NOW Payments is an endeavor-grade resolution for companies which is also attempting to receive funds in cryptocurrency. It affords purchasers toughen for over 100 cash and tokens, computerized conversion from crypto to fiat, low fees starting up at 0.40%, 24/7 toughen and no chargebacks. It’s additionally easy to house it up by picking an integration form and adding a pay button in your online page material.

NOW Loans

ChangeNOW lets in you to capture out loans in two stablecoins: USDT and USDC, and employ your cryptocurrency as collateral. NOW Loans include just a few advantages:

• Mounted Mortgage-to-Rate (LTV) and Annual Proportion Rates (APR): 50% and 10% respectively.
  
  
  
• No limits on loans: Users can shut the loan every time they desire.
  
  
  
• No month-to-month funds. The hobby charge is amassed month-to-month and paid out when the person closes the loan.
  
  
  
• All funds are kept in various wallets and non-public keys are renewed month-to-month.

ChangeNOW Affiliate Program

By joining ChangeNOW Affiliate Program, that you simply must leverage several alternatives to abet your commerce or online page material develop. These include: 

• Instantaneous alternate API (Utility Program Interface), which is originate supply and fully customizable so that you simply must flee your luxuriate in crypto alternate
  
  
  
• Traffic monetization solutions, equivalent to referral applications and customizable WordPress plugins.
  
  
  
• Rate gateway integration to allow your commerce to receive crypto funds with toughen for over 100 cash and tokens and on the spot settlements into merchant wallets.

Pros and Cons of ChangeNOW

Naturally, every crypto alternate has its house of consultants and cons. Let’s clarify them below:

Pros outlined:

• Several crypto products and companies for individuals and company purchasers.
  
  
  
• Pork up for a huge series of money and tokens, including NFTs.
  
  
  
• Skilled wallet with toughen for just a few blockchains and connections to dApps.
  
  
  
• A determined price structure and not utilizing a hidden fees.
  
  
  
• Straightforward to make employ of and newbie-pleasant.
  
  
  
• Non-custodial and no registration direction of required.
  
  
  

Cons outlined:

• No longer on hand within the US

ChangeNOW —Customer Pork up and Customer Pride

ChangeNOW affords potentialities several ways to contact buyer toughen, including a Abet Heart, FAQ, and like a flash 24/7 dwell chat toughen. 

It additionally ranks successfully on Trustpilot with over 7000 experiences. 89% of reviewers include marked it as Unheard of.

Final Thoughts: Is ChangeNOW Legit?

As you must include noticed, ChangeNOW is no longer only for exchanging crypto and fiat; it additionally affords a extensive different of crypto products and companies. ChangeNOW’s founding crew has partnered with a number of the perfect entities within the cryptocurrency industry, giving users an air of security and professionalism.

Overall, ChangeNOW is a stable probability to swap cryptocurrency, however its huge series of ingredients makes it an appealing platform for boosting online companies and social media blogs.

On the opposite hand, as with all custodial platform, listen to the hazards of third birthday celebration custody.