ChangeNOW — Limitless Crypto Exchange
Crypto Swaps, Free of Custody
What is ChangeNOW?
ChangeNOW is a simple and fast instant cryptocurrency exchange service. There is no need to register, and your exchange will have no limits. ChangeNOW can quickly convert more than 170 coins for you without charging any additional or hidden fees.
How does ChangeNOW work?
ChangeNOW is integrated into multiple cryptocurrency trading platforms, including Binance, Bitfinex, Huobi, OKEx, and Kucoin. At the moment of the trade, ChangeNOW choose the best exchange rate on the market at any given moment and offer it to you.
ChangeNOW performs certain cryptocurrency exchanges through third-party partner services. What does that mean?
It means exactly that — exchanges of certain trading pairs are carried through ChangeNOW partners. These exchanges aren’t much different from regular ChangeNOW exchanges, however, there are a few things you might want to keep in mind:
- In these cases ChangeNOW doesn’t carry out any KYC checks. However, they might be carried out by ChangeNOW partners
- Please be aware that other services that ChangeNOW are partnered with might have KYC policies that are differ from ChangeNOW policies
- However, ChangeNOW carrying out exchanges through third party services does not mean ChangeNOW forfeits responsibility for the exchange. If you run into any issues during the exchange,contact the support team.
How ChangeNOW works
Step 1: Fill in exchange details
Choose the exchange pair from the list. There are more than 50,000 of them, so you will definitely find one that you want. For a full list of supported coins on ChangeNOW, click here to see the full list.
Step 2: Make deposit
Check all exchange details, get estimated transaction time, and send your funds to our one-time deposit address.
Step 3: Receive crypto
ChangeNOW find the best possible exchange rate, swap your assets, and send them back to you in a few minutes. Sit back and relax while ChangeNOW does it’s magic.
What is the minimal exchange amount on ChangeNOW?
There is no upper limit for cryptocurrency exchanges on ChangeNOW. However, there are lower limits: they are different for each coin and range from ~$1.7 to $20.
How fast will my transaction be processed?
The processing speed ranges from about two to twenty minutes, depending on how long it takes for a block to happen in the network. Most orders process in just a few minutes. If the transaction is large (more than 1 BTC or equivalent), processing time may take a little longer, depending on the size of your transaction and the capacity of the block…. (BLAH BLAH BLAH…) I think you
How long does it take for a transaction to be finished?
Transactions on ChangeNOW usually take from 5 to 30 minutes. If your transaction takes more time, it may be due to various issues listed below:
- DDoS attacks. Unfortunately, such problems happen from time to time, but we are always happy to help you and solve any issues;
- Cryptocurrency updates. We may update the client and disable some coins. As soon as we turn them back on, you will get your funds right away;
- The blockchain is overloaded. Too many transactions are waiting to be included into the blockchain, and yours may wait for its turn, too. Sometimes you might have to wait a little longer.
What fees are there during an exchange?
The process of exchanging crypto consists of many different steps, various fees are charged. These are the possible ones:
- Network fee for the deposit transaction from a customer’s wallet
- Network fee for transferring coins to our liquidity provider
- Trading fees that our liquidity providers charge;
- Network fee for sending the exchanged funds to the customer.
The fees vary depending on the currency and the exchange amount. For every swap, ChangeNOW finds the fastest and most user-profitable way to execute an exchange. It is crucial that the final amount you receive is as close to the estimate as possible. That’s why ChangeNOW calculates all the possible fees for every transaction very thoroughly and include them in the estimate.
Why is the final amount of funds different from the initial amount?
It does take some time to process transactions. Due to the high volatility of cryptocurrency speed is crucial, however, the final exchange rate can differ both in the positive or negative direction.
Do I need to register to use ChangeNOW?
In order to be able to use ChangeNOW, customers don’t need to create any sort of accounts.
However, there are some exceptions.
ChangeNOW uses an automated risk management system to check all transactions. Each case will be considered individually. According to European AML directives, KYC regulations, and platform requirements, ChangeNOW will ask you to provide a scan of your ID document valid in your country, as well as some additional information on the funds’ origin.
KYC/AML explained
The crypto market is subject to a number of certain rules and regulations which make it mandatory for most crypto services to have the AML/KYC procedure.
ChangeNOW strives to protect clients from any type of scams and fraudulent activities in the crypto world and complies to all rules and regulations present at the moment, and one of the ways that enables us to do so is the KYC/AML procedure.
This procedure confirms the absolute legality of the transaction carried out by you before the regulatory institutions. You confirm that you are a law-abiding citizen and have no reason to address any claims towards you.
How are my documents stored after the KYC/AML procedure?
All the documents that you might provide during ChangeNOW’s KYC/AML procedures are encrypted and stored in specialized secure storage as required by law. ChangeNOW guarantee that they won’t be sold to or shared with any kind of third party, excluding potential law enforcement requests.
Conclusion
With more and more exchanges popping up and regulations closing in on all sides… Why not have an ally that offers all of the benefits you need and want through a non-custodial exchange. ChangeNOW retains your privacy and guarantees security.
