Preface

The advent of cryptocurrency exchanges has brought massive improvement in the space making it possible for users in various locations around the world to liquidate their digital assets with ease and without the fear of losing their funds to an unknown party. As of today, there are a whole lot of digital assets exchange with the majority being centralized. Regardless of facing liquidity issues and complexity, Decentralized Exchanges (DEx) are also gradually gaining traction. 

In today’s report, we plan to take a critical look at changeNOW and how different is it from a regular digital asset exchange. We will also consider some of its products, services, and how best we can put this resource to use.

About changeNOW

ChangeNOW is a non-custodial cryptocurrency exchange that harnesses the process of instant conversion of one crypto to another and fiat-to-crypto purchases. The service allows users to swap over 170 coins/tokens saving the user the stress in creating an account and most interestingly the “no limit” on transactions. For instance, I have some BAT tokens and quickly want to swap it for Bitcoin, with the service provided by ChangeNOW, I will be able to execute this transaction without having to create an exchange account, going through KYC process in the case of a larger amount, etc.

How changeNOW is fascinating, being integrated into top crypto exchanges by trading volume and users, ChangeNOW is able to quickly compare real-time prices of a coin and chose the best rate for its users. The success and swiftness of a swap depend on the trading volume of an asset and as such changeNOW uses the likes of Binance, OKEx, Huobi, etc.

The instant exchange service is operated by CHN Group Limited – a crypto company registered in Seychelles. In addition, changeNOW has been in the space since September 2017 and has been commended for being the first exchange to have supported Bitcoin hard fork – Bitcoin Gold (BTG). The project is backed by experienced blockchain developers and has partnered with reputable companies in the space. This makes ChangeNOW a reliable and trusted provider for instant exchange service.

How Easy Is The Swap

With just three simple steps you can get your crypto exchanged with no KYC, yet to talk of creating an account. Considering the number of new entrants into the crypto space, in order to drive adoption, we need products and services that make usability goals a priority. With this in mind, ChangeNow has made its services and products much easier to use and understand even for newbies.

1. Choose from a wide range of trading pairs. changeNOW supports more than 10 000 currency pairs. This is a whole lot and even more, are being added periodically. ChangeNOW also provides a tool to check the most popular pairs on its platform.
2. Exchange your holdings for your desired crypto with no hidden charges, no account required. Ever thought you could swap any amount with no KYC procedure? ChangeNOW got you covered!
3. Receive your funds in matters of minutes with the best rates in the market. No technical analysis required. Just wait for ChangNOW to do the magic on your behalf. 

What Makes ChangeNOW So Special

• Registration Free – Save yourself from creating an account

ChangeNOW is more of a privacy-oriented service and thus requires no registration in order to make use of the service. Both user information and funds are not kept in ChangeNOW’s custody as it is common with the centralized exchanges. Usually, in order to use an exchange platform, you need to sign up for an account with your basic information. Most exchange requires KYC verification as a security measure for traders who trade with large amounts and in some cases, these exchange platforms pose restrictions on some geographical locations. With ChangeNOW, you don’t need to worry about the tedious process.

• Limitless Exchanges

With as low $2 worth of tokens, you can swap your favorite cryptos. No need to worry about upper limits because there is none. You can exchange as much as you can with no KYC compliance.

• Super speed Exchange Service

ChangeNow is famous for its swiftness and sleekness. Within a few minutes, you can exchange your cryptos. The same speed applies to fiat-to-crypto purchases with bank cards.

• Other features that make the platform much better includes an intuitive interface to aid users conveniently use the platform, 24/7 customer support via a number of channels (Twitter, Telegram, Email, etc), variety in supported currencies, and many more.

NOW Token

On May 28th, 2018 changeNOW issued the NOW token as part of its ecosystem. A total of 200 million NOW were initially issued on the Ethereum blockchain and as at now 50% of the total supply has been burnt and the same amount being issued on Binance Mainnet. The NOW token was one of the early tokens to be listed on Binance DEX and as such has gained the support of Binance. NOW is currently trading on IDEX (ERC-20) and Binance DEX (bep2). The NOW token is required to get an asset listed for instant exchange, also required for community voting to list an asset, affiliate reward, and airdrop distribution.

Product Line

NOWPayments

A service that offers users a much flexible and convenient way to accept crypto as payments. With the service, you can begin to accept bitcoin, Ethereum, stable coins, etc. Enjoy instant withdrawal, maximum security, automated coin conversion to mitigate price fluctuations and many more. Learn more about NOWPayments

NOWNodes

The NOWNodes service ensures users have easy access to nodes. Get connected to a number of blockchain networks within one business day. Find the list of available NOWNodes here 

Telegram Bot

The #ChangeNOW_officialbot is a telegram bot that allows users to exchange crypto as they would do with the ChangeNOW platform or Android app. The bot has the same features and amazing services, but this time around, all operations happen in the Telegram Messenger.

Conclusion

As we find ourselves in the crypto space it’s either we’ve already had interaction with an exchange or are yet to. Whatever be the case, we will definitely use exchange at some point in time. Some instances will require the service of changeNOW as compared to the other exchanges. A typical example would be someone new to the crypto space, such a person needs a ready and easy to use interface to achieve his/her exchange needs. Individuals who also care about their privacy and not willing to comply with KYC procedures for some reason can also make use of the exchange service. 

You just a click away from swapping your favorite crypto. Visit changeNOW and get started!

See also: Quick Guide: Setting your wallet on Publish0x to receive earning in Atomic Wallet