Introduction
Some crypto exchange services offer users' accessibility to swap or exchange any tokens or coins at a specified price but with hidden charges or fees.
It also required personal information in confirming transactions or for custodial accounts, knowing that this will add time value upon transfers.
But here's the real problem that we may consider, the fact that most of the exchanges do not offer the best price and does not initiate a fast transaction, users may opt not to invest because of such issues. Moreover, some cryptocurrency servicing exchanges created an interface that is non-user-friendly and without a guide to support 24/7.
From the start, we are all aware that cryptocurrencies` transactions are private in terms of the persons dealing with processes, though the later itself is transparent on the blockchain. The purpose of this is to implement privacy among users at the same time controls in individuals' transaction processes.
With an increasing number of participants in the crypto space, investors prioritized buying crypto without any hassle, free from hidden-charges, flexible, accessibility to all forms of users, and simplicity of the interface (which makes it user friendly) and these are all investor's rights.
This is the epitome of changeNow in cryptocurrency servicing exchange.
What is ChangeNow?
According to its website, ChangeNOW is a non-custodial service created for simple and fast cryptocurrency exchanges. Which strives for maximum safety, simplicity, and convenience. And also, do not store funds or require any sort of account creation (ChangeNow, 2020).
Why ChangeNow?
Users are not required to register in ChangeNow; they do not need to create an account. These allow all users from any identification theft, frauds, or scams. However, it doesn't mean you are at risk of losing the funds from the executing transfer. There's no problem with that, the changeNow team will get you out there, and users provided messaging support 24/7.
With more than 170 coins available, users can exchange without limit, though this is non-custodial service, meaning users are account-free; each transaction is very safe. Buying cryptocurrency is also available through a fiat payment option via Visa and Mastercard third parties. The transfer is faster than light, very flexible, fair enough for users who want instant, and safe transaction processes.
ChangeNow has integrated into multiple trading cryptocurrency platforms included Binance, Bittrex, Bitfinex, Huobi, and OKEx. Also, the changeNow team is working hard to find partners of notable exchanges in the crypto space. And this would mean, best exchange rates for all users in the market.
How to transfer funds?
Users can choose both mobile applications or changeNow web to swap or exchange cryptocurrency from any supported wallets with an absolutely limitless exchange.
The transfer is very simple, you are going to put the amount of fiat or crypto you are going to swap or exchange and choose your desired crypto you are going to swap with.
On the above illustration, changeNow prompt you the amount of bitcoin you are going to send and the amount of ethereum you are receiving. After that proceed to exchange.
Next, choose a recipient address where you are going to store the coin. And after that, changeNow will provide the address or QR code towards where you are going to send it. And lastly, the amount should be reflected in your ETH wallet address (for this example, we swap bitcoin to ethereum). It's very convenient, right?
What is KYC/AML Procedure?
ChangeNow`s (AML/KYC) procedure have supported through an automated risk prevention system. The idea is simply for transactions deemed to be suspicious by the system. Thus, the exchange holds the confirmation of each transaction and thereby asked to confirm their identity. This mechanism is necessary to avoid abuses from any money launderers and scammers trying to siphon their liquidated funds. Each KYC case is handled individually according to ChangeNow. The notification will pop-up after the transaction submitted is deemed suspicious by ChangeNow. Users will be prompt to contact the support team. The following procedures will be asked to the client to verify their KYC. Based on the information provided by their website, the following has given below:
- A high-quality photo of any identification document valid in their country or internationally;
- A dust transaction from the originating address to ChangeNOW`s address (this is necessary to confirm that the funds belong to the client);
- A selfie of the client holding a sign that has "ChangeNOW" and the current date written on it.
ChangeNow is committed to doing everything in order to maintain their reputation as a legitimate, law-abiding exchange service and in order to protect the interests of their clients.
Note: ChangeNow conforms with the SegWit standard; thus, when it comes to refunds, the technical department is able to refund only BTC from Segwit BTC addresses including but not limited to LTC, BSV, BCH.
NOW Token Information
NOW Token is the native token of ChangeNow servicing exchange. It is the first token made by this instant exchange platform. NOW token existed on two networks of Ethereum (ERC-20) and Binance Chain (BEP2). Users can interchange the amount from ERC-20 to BEP2 and vice versa.
Price $0.01
Total Supply 199 778 509.90 NOW
Circulating Supply 65 345 769.366 NOW
Lock-In NOW token 120 000 000 NOW
NOW Token`s supply was divided by the two networks for an amount indicated below:
ERC 20 NOW Token supply 99 839 014.17 NOW
BEP2 NOW Token supply 99 939 495.7 NOW
Development Roadmap
Location and Address of ChangeNOW
CHN Group Limited., a company incorporated in Seychelles
Registered address in Seychelles: Global Gateway 8, Rue de la Perle, Providence, Mahé
Postal Address: Amsterdam, Kraanspoor 50, 1033 SE, Netherlands
Conclusion
With a growing number of users and with higher fees in swapping/exchanges currency between wallets, it is so amazing that there are servicing exchange in the crypto space like changeNOW to provide the best rates to their client/users with no hidden fees and 24/7 messaging support. Also, law-abiding service and the same time committed towards their objective.
ChangeNOW! ChangeNOW! ChangeNOW
This is my ChangeNOW affiliate link: https://changenow.io?link_id=b243f1b842c465
You can use this affiliate link whenever you are making crypto swaps/exchanges.
Note: For every transfer or exchange made using my affiliate link, I will receive a commission from it.
Disclaimer: The information above is not intended for as a financial advised any losses resulting from investing which based on this article, neither the author nor Publish0x is responsible. You take into account that investing in any form correlated to high risk.
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