Why I am using ChangeNOW? Well, let me simply show you all the benefits of swapping your crypto with ChangeNOW. I will also provide you with a detailed step by step tutorial on how to perform a token swap with ChangeNOW.
The Advantages Of ChangeNOW
I like using ChangeNOW because it has some big advantages compared to other cryptocurrency exchanges.
1. ChangeNOW Is KYC-Free
First of all, there is no KYC required to exchange your crypto. You don`t even need to have an account! This is a huge advantage to big exchanges like Coinbase or Binance because it allows you to avoid personal identification or financial theft. Only in some rare cases, for example, when the coins are flagged, a KYC is required.
2. ChangeNOW Is Fast
Token swapping with ChangeNOW is quite fast as most orders are processed in just a few minutes. In the end, the processing speed ranges from about two to twenty minutes. The processing speed depends on how long it takes for a block to happen in the network. If the transaction is large like more than one Bitcoin or if lots of transactions are possessed in the network at the same time, processing it may take a little longer.
3. ChangeNOW Is Secure
ChangeNOW is a fully secure service as it is also non-custodial and created by a team of well-experienced blockchain developers. So no matter how long your exchange actually takes, your funds always remain safe.
4. Wide Range Of Trading Pairs
ChangeNOW supports a wide range of different trading pairs. With ChangeNOW, you can swiftly swap more than 200 coins and tokens. In total, you can choose from more than 30,000 different trading pairs!
5. ChangeNOW Is Limitless
The amount of tokens you can swap on ChangeNOW is limitless. This means that there is no upper limit for cryptocurrency exchanges on ChangeNOW. There are only lower limits. The minimum amount for performing an exchange is different for each coin and ranges from around $1.7 to $20.
6. Fast Support
ChangeNOW has efficient 24/7 support. The ChangeNOW agents are always ready to respond and to solve any kind of request that you might have. The average reaction time of the ChangeNOW support service is less than five minutes!
7. Get The Best Rates
ChangeNOW offers the best rates on the market, as they are using reliable cryptocurrency trading platforms. Network fees and all other exchange charges are already included in this expected exchange rate while ChangeNOW guarantees that there will be no extra costs.
How To Swap Tokens With ChangeNOW
After all, ChangeNOW is also simple and easy to use. It is actually one of the most user-friendly exchanges that I have seen so far. Let me show you how easily you perform a swap with ChangeNOW.
1. Visit Their Website Or Download The App
Of course, first of all, you need to visit the ChangeNOW website or simply download the new app. I will show you how simple token swapping looks step by step on their website. The process on their website is the same as on their app.
2. Select Trading Pair
Now you simply select the cryptocurrencies that you like to swap. You can check all available cryptocurrencies and trading pairs here on their status page. I am going to swap some Bitcoin (BTC) to Ethereum (ETH) to show you how it works.
After choosing your trading pair you will see the expected exchange rate. Network fees and all other exchange charges are already included in this expected exchange rate. ChangeNOW guarantees that there will be no extra costs. The expected exchange rate is the rate at this exact moment.
You have the possibility to choose between a classic rate and a fixed rate. A fixed-rate exchange is an exchange performed at the same rate which is displayed to you at the beginning of an exchange, no matter of subsequent rate fluctuations. However, I recommend choosing the classic-rate exchange because in this case, the exchange will be performed at the current most profitable rate on the market. Please remember that cryptocurrencies are highly volatile and you should always account for that.
Now after choosing the trading pair and checking the exchange rate you can click the exchange button to proceed to the next step.
3. Submit Recipient Wallet Address
Check the details of your exchange. At this point in the process of exchanging, you still can make changes to the details if necessary.
Now enter the recipient wallet address. The recipient address is your wallet, to which your crypto shall be transferred after the exchange.
4. Confirm The Exchange Details
5. Deposit To Designated Wallet
In the last step, you send the funds that you want to swap to the designated address.
If you like you can also enter your email address. Then you will receive a notification when the swap is completed.
5. Save Your Exchange ID And Lean Back
I recommend bookmarking the final page or to note your exchange ID. Now you can lean back and wait for your exchanged funds to return to your wallet. My exchange from Bitcoin to Ethereum took only 14 minutes in total.
My Final Conclusion
ChangeNOW is an innovative exchange with some big advantages and that`s why I like using it.
By the way, ChangeNOW is partnering with lots of different crypto projects. For example, two of my favorite staking wallets, Atomic Wallet and Guarda Wallet, are also using the exchange service from ChangeNOW as it is implemented in their wallets.
I hope I could provide you with some interesting and useful information about ChangeNOW.
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