ChangeNOW, found online at ChangeNOW.io, is a cryptocurrency exchange that claims to let you exchange a limitless amount of cryptocurrency anonymously. Here’s our review.
What Is ChangeNOW?
ChangeNOW is a cryptocurrency exchange where you can swap cryptocurrencies anonymously. Instead of exchanging cryptocurrencies with other users, you’re paying ChangeNOW to purchase cryptocurrencies on your behalf (or you’re buying ChangeNOW from their pool). You pay a fee for the service, but you can exchange an unlimited amount of cryptocurrency in an anonymous way.
ChangeNOW charges a fee of 0.5%. You can trade dozens of cryptocurrencies, although bitcoin and Ethereum are particularly popular (understandably).
How Does ChangeNOW Work?
Here’s the basic step by step process by which ChangeNOW works:
Step 1) Choose your cryptocurrency: You can choose to exchange bitcoin for Ethereum, for example, or fiat to crypto in any amount. You choose your desired cryptocurrencies from a drop down menu.
Step 2) Enter your wallet address: Type in your wallet address, then click “next”. If you don’t have a wallet, then ChangeNOW will link you towards a wallet creation platform.
Step 3) Confirm: Check all of the information, then click Confirm.
Step 4) Deposit: ChangeNOW will generate a deposit address for you, and you send your deposit to that address.
Step 5) Receive Coins: ChangeNOW promises to find the best rate from one of ten integrated exchanges. Your transaction is processed, and you’ll receive your coins in your destination wallet.
Throughout the process, there’s no need for KYC, emails, or passwords. There’s no lengthy signup processes, no accounts, and no limits.
Typically, an exchange on ChangeNOW takes 5 to 30 minutes.
To use ChangeNow, you will first have to start out with some cryptocurrency of your own. The first step is to select the cryptocurrency that you would like to exchange. You can choose Bitcoin, Ethereum, Litecoin, etc. The next step is to enter your wallet address. After that, you must confirm that your address information is correct, so make sure that you have filled in all the characters correctly. Next, you will be given a cryptocurrency address to deposit the funds you would like exchanged into. Following this, you should send the amount of cryptos that you want exchanged to that wallet. After you do this, ChangeNow will find the best exchange rate out of 10 cryptocurrency exchanges, and exchange your cryptocurrency. Finally, the new cryptocurrency will be sent to your wallet. It is a very simple process and it does not require you to complete any sort of registrations. This makes it exceptionally convenient.
ChangeNOW Features
ChangeNOW advertises all of the following features:
Anonymity: ChangeNOW doesn’t store your personal information, so there’s no need to create an account on the platform before you exchange cryptocurrencies.
Easy to Use: You can deposit your own cryptocurrency into the exchange, or buy crypto using your Visa or Mastercard.
Fair: ChangeNOW claims to pick the best exchange rate for you. All fees are clearly listed before you exchange.
ChangeNOW Fees
ChangeNOW claims to charge a fee of 0.5%. They don’t list any other fees. It appears that fee is automatically added to the exchange rate you pay.
Based on that fee information, ChangeNOW seems very competitively priced.
Who’s Behind ChangeNOW?
ChangeNOW claims its development team consists of a “team of experienced blockchain developers”. However, specific team information – like names or an office location – are not listed on the official website.
ChangeNow
Review ChangeNow is extremely handy. The more mainstream that cryptocurrencies become, the more need there will be for people to exchange different cryptocurrencies. Because ChangeNow is so convenient and does not require a signup, there is a very good chance that many people will flock to it for exchanging cryptocurrencies. Overall, this ICO is very exciting. ChangeNow could become a well-recognized brand in the cryptocurrency industry. This is true as long as it can avoid being hacked or having other high profile scandals.
ChangeNOW Conclusion
Want to buy, sell, or trade cryptocurrency, but don’t want to deal with accounts and KYC verification on an exchange? ChangeNOW wants to help. You pay a premium exchange rate for ChangeNOW’s services, but you get to buy, sell, or trade cryptocurrencies in an anonymous way. The service appears to be reputable and is designed to be easy to use. It also charges a fee of just 0.5%.
To learn more about ChangeNOW, or to use the service today, visit online at ChangeNOW.io.
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