Exchange to Waves #ChangeNOWExplained

By Thiago Capuano | Waves Beach | 9 Jul 2020


Those who never went through a complicated situation when it comes to exchanging one crypto asset for another, throw the first stone. We have an asset and want exchange it, but the place not list the asset and need a long path of executions for do it.

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Explaining the statement with WAVES

The connection between waves and changeNow was decided for simple reasons, I am particularly immersed in the waves platform, although I am no longer under exclusivity, I have this blog and other means of communication focused on the respective platform, changeNow has in its catalog a WAVES listing, and to conclude I want.

General Considerations

As an investor I have several crypto assets, as a professional I receive payments on several assets and as a representative and enthusiast I have my preferred crypto assets. In all cases I need to observe the moment and opportunities between holding an asset or exchanging it quickly, to eventually buy it again, or not, and for those who are not work as trader, the short window can harm and bring losses, due to the difficulties, regardless of the quantity and value you have.

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Problems Exchanging Assets

Many times we find the need to execute an exchange and we are faced with situations to be solved in a short period of time, the most common one I encounter is when I need to move from asset A to asset B, and start a process and checks to avoid being locked out for a longer period than the time you have to execute the operation on time.

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Along the way, among the possible paths, we encounter circumstances that delay the achievement of the objective, a brief list:

  • Search for an exchange where the asset is listed, often more than 1: as asset A may be listed in one, but B is not.
  • Exchanges registration for trading: sometimes even deposits are denied without KYC.
  • Dependence on intermediate pairs: requiring interaction between one or more distinct assets.
  • Trading and withdrawal limitations: minimum amount, available decimals places, exorbitant fees.
  • Finding out that asset is being maintained at the exchange: very annoying to find out when withdrawal.
  • Internal processing time added to the network: sometimes the operation is manual.

These are just a few obstacles that we can find, there are several others that can intermittently happen, and the biggest problem is that the time spent is greater than the time you will have.

Mitigating Problems

How can we speed up the process, avoid multiple entry and exit fees, avoid sending in third-party custody, guarantee confidence in P2P or scrow, and in a more practical way to exchange your assets for waves?

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changeNOW has the answer: in a few steps you check availability, exchange your crypto asset for WAVES, with information of expected rate without extra fee, and receive the equivalent amount in the account you have defined.

Below is a video made by me, exclusively for this publication, performing the entire procedure and demonstrating the simplicity of operation. You can also do the same through the link: changeNOW4WAVES

And That's It

Yes and no! About exchange, yes, for other purposes, no: chageNOW has products like NOWPayments for you to receive WAVES payments directly through your page, website or blog, with available widget and plugin, there is a great possibility that another publication will be created for this payment tool.

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There are several other tools that can be useful and you need to know.

Conclusion

changeNOW appropriately appeared to solve many difficulties encountered in the crypto universe, mainly mine with WAVES, when we need to buy time and act with greater precision and speed in a crypto exchange. It helps us to avoid an accumulation of operations that can delay us and miss essential opportunities. They also have a range of products and tools extremely complete that will bring many facilities.

With all sincerity I intend to get involved in more depth in the tools, products and services offered, I have already start my White Label Exchange where i will talk on new opportunity.

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Thiago Capuano
Thiago Capuano

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Waves Beach
Waves Beach

Blog focused exclusively for Waves Platform related topics.

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