ChangeNow Review 2024 – Is ChangeNow Legit?

We will analyze the primary attributes of the non-custodial exchange, such as cross-chain exchanges, supported crypto assets, fees, security, and more, in this ChangeNOW review. Launched in 2017, ChangeNOW is a safe and easy cryptocurrency exchange that lets you trade fiat currencies for cryptocurrencies and cryptocurrencies for fiat currencies. Users can buy or send coins in minutes on ChangeNOW because they don’t have to sign up like many other cryptocurrency sites do. You can start now that you have all the information on our ChangeNOW review you need. 

ChangeNOW Review: Company Overview 

The platform, which is registered as CHN Group Limited in Seychelles, has been up and running since 2017 and makes it easy to trade digital goods. Aiming to compete with fast swaps such as ShapeShift and Changelly, ChangeNOW also has operations in Amsterdam, Netherlands. ChangeNOW has partnered with wallets and fiat payment processors multiple times since its founding. The NOW token, which is available on the Binance Smart Chain and Ethereum, was also issued by them. 

ChangeNOW Review:  Features 

A number of beneficial features are included in ChangeNOW, which are briefly described below. 

Features	Crypto Swaps, Fiat-To-Crypto Gateway, Crypto Loans, Proprietary Token, Crypto Cashback, Staking, Permanent Exchange Address.
Accepted fiat currencies	USD, EUR, GBP, AUD, CAD, and 60+ others.
Deposit Methods	Credit/Debit Card, Crypto, Bank Transfer
Supported cryptocurrencies	1000+
Trading Fee	Variable
Customer Support	Help Center, Ticket System, Live Chat
Security Measures	Non-Custodial, Risk Prevention System, 2FA
Mobile App	Yes (Android and iOS)

ChangeNOW Review: Credit/Debit Cards Can Be Used To Buy Crypto

You can buy cryptocurrency with a credit or debit card on ChangeNOW as well as trade it. But ChangeNOW doesn’t actually handle these transfers. They collaborate with third-party partners such as Guardian, Simplex, and Transak. 

They provide a diverse selection of fiat currencies, including the US dollar, British pound, Canadian dollar, Australian dollar, EUR, and more. Remember that the currencies you can use can change based on how you pay and how much you buy. Before you start, make sure that your chosen coin is on the list. 

ChangeNOW Review: ChangeNOW Crypto Loans 

ChangeNOW has joined the game of crypto loans. You can borrow stablecoins and store your crypto. Get USDT or USDC when you deposit BTC. Remarkably, the loan-to-value (LTV)  number is 50%, the same as Nexo but less than Bybit’s 75%. 

ChangeNOW says that its APR is 10%. But, surprise! We found loans with an APR of 12%. The 8.17% APR from Bybit is much better, though. That gives you more for your money. What’s cool? The crypto loans from ChangeNOW are flexible. There are no set loan terms or interest payments every month. When the loan is over, pay off all the interest. It’s nice to have something different from the normal strict loan agreements. 

ChangeNOW Review: NOW Wallet

 ChangeNOW is more than just a trade app. It also has the NOW bank, a bank that doesn’t hold your money and works on mobile, MacOS, Windows, and Linux. There are a lot of sites there! Seven blockchains, such as Ethereum, Avalanche, and Polygon, can be used with the NOW Wallet. It can store about 40 files by default, but thousands more can be added from networks that it supports. 

It also works with apps through WalletConnect, the same way MetaMask does. Because it works with a lot of blockchains, NOW Wallet is a good option for famous wallets like Atomic Wallet. 

ChangeNOW Review: Supported fiat currencies and deposit methods 

ChangeNOW doesn’t handle transfers or withdrawals of real currency. If you are in search of a dedicated fiat-to-crypto exchange, this is a disappointment. But you can still use third-party platforms like Simplex, Transak, or Guardian to buy crypto with cash. Plus 60 foreign currencies are supported, such as GBP, USD, EUR, and AUD. 

What’s the catch? Fees can be very high, up to 7%. When using ChangeNOW for cash activities, the wide range of fiat choices and the ease of buying crypto are big pluses, even though fees can be pretty high. 

Changenow Review: Trading Pairs And Cryptocurrencies That Are Supported 

ChangeNOW stands out because it has so many cryptocurrencies to choose from. You can use cash to buy more than 1000 different crypto products. That’s a lot more than markets like Gemini (150) or BitFinex (189). Besides being able to buy a lot of things directly, you can also trade any cryptocurrency that is accepted. 

Cross-Chain Swaps: What are they & how do they work? 

Performing cross-chain swaps is one of ChangeNOW’s main services. This makes it easier for people to move crypto assets from one blockchain network to another by letting them trade between them. 

To avoid this, users would have to change cryptocurrency to cash and then use that cash to buy cryptocurrency from a different blockchain. This would take longer. A centralized exchange (CEX) or other third-party service is also necessary for this laborious method, which raises the danger of cryptocurrency exchanges across many networks. 

ChangeNOW makes cryptocurrency deals faster and safer by letting users quickly and safely swap cryptocurrencies across blockchains. Because of this, many changenow.io reviews have praised how reliable and easy the site is for all crypto users. ChangeNOW’s cross-chain method also works with a number of different blockchains, such as Ethereum, Binance Smart Chain, Base, and Manta. Here is a list of some of the other 110+ networks that are supported: 

ChangeNOW Review: No Exchange Limits and Transparent Fees 

Exchanges between cryptocurrencies on the ChangeNOW platform (or the changenow.io page) can go as high as they want. This, along with the ability to swap between chains, makes the non-custodial exchange a strong candidate for the best crypto swap tool for whales and people who use crypto a lot. 

ChangeNOW doesn’t set limits on exchanges, and users can start trades for as little as $2. With a low barrier to entry, the site makes itself more open to both newcomers to coins and more experienced users. 

Additionally, ChangeNOW has an open fee system that lets users know all of their upfront costs. The cryptocurrency market is more open and trustworthy because users don’t have to worry about secret fees that could stop them from making money. Depending on the type of transaction, you may have to pay network fees and third-party fees when you swap money. 

ChangeNOW promises that there will be no extra costs, and before the swap, it will choose the best exchange rate on its own. It’s important to note, though, that this site can have quite high fees, especially when you use cash to buy crypto. The third-party service provider sets the ChangeNOW fees, which can be as high as 4%. 

Some providers charge between 3.95% and 11.5% in fees for a $250 order if you pay with a credit or debit card or a bank transfer. Fees range from 2.30 to 9.88% for a $2,500 order, so bigger orders are cheaper. 

ChangeNOW Review: Non-Custodial & Secure Transactions 

Reports of crypto theft doubled to $1.4 billion in the first half of 2024. This made people want safe transfers more than ever. ChangeNOW’s non-custodial crypto system lets users keep control of their crypto funds, which makes them safer from outside risks generally. 

There is no third party or middleman that can access users’ funds on the ChangeNOW non-custodial exchange. This makes it less likely that users’ funds will be hacked, which can happen with CEXs. For extra safety, the site uses high-tech encryption and security features that keep private data and payment information safe. 

The fact that ChangeNOW does not hold on to your data adds an extra layer of security in case there is a platform breach or cyberattack, which is very rare. In this case, users’ money will stay safe in their crypto wallets because ChangeNOW does not hold user money. 

ChangeNOW Review: Fast Transactions with No KYC 

The speed of crypto transactions varies by blockchain network. As an example, it usually takes 40 minutes for Bitcoin payments to finish on its main network. But at ChangeNOW, most deals are finished in two to five minutes.

Also, ChangeNOW KYC is not needed. But if the platform sees any strange behavior, it may sometimes ask for proof. Crypto markets, on the other hand, are usually simple, and users can trade without being tracked. 

ChangeNOW is a no-KYC cryptocurrency market that is very popular with people who care a lot about their privacy. Users also don’t have to go through long signup steps, which lets them trade their cryptocurrency quickly and easily. 

ChangeNOW Review: What is the NOW Token? 

The ChangeNOW platform’s native utility token is called the NOW Token. Like Crypto.com’s CRO or Nexo’s NEXO, ChangeNOW’s NOW Token gives its owners a number of perks. The following are some benefits of including NOW in your cryptocurrency portfolio: 

Get cashback on crypto exchanges in ChangeNOW and NOW Wallet; stake NOW Token for up to 6.25% APY; lower transaction fees; NOW Token can be used as an extra way to store value and as ChangeNOW’s currency; NOW Token is available on Ethereum and Binance Smart Chain and can be swapped for any other ChangeNOW token listed.

The NOW Token is an important part of the ChangeNOW community. It can be used to lower fees and earn benefits for holding. Users who own the utility coin can take part in the growth of the company and all of its crypto goods and services. 

People who want to help the ChangeNOW platform can buy the NOW Token on the ChangeNOW market or Uniswap. A number of wallets, such as Guarda, Trust Wallet, Zelcore, and Trustee, also offer it. 

CoinGecko says that the most it was ever worth of ChangeNOW Token was $0.166635 and that it is now worth $17.9 million after all losses. 

ChangeNOW Review: Benefits of the ChangeNOW Pro Account 

Most crypto holders can use ChangeNOW’s main crypto services, but if you sign up for a ChangeNOW Pro account, you can get more perks and special features that are only available to Pro users. If you want to get the most out of the non-custodial swap, read this part of our changenow.io review. It lists the pros. 

Most cryptocurrency platforms charge monthly fees for extra services that are only available to their customers. ChangeNOW Pro, on the other hand, gives its first-level users, VIPs, a free advanced account. You can get cashback on every transaction, lower fees for off-chain swaps, Anti-Money Laundering (AML) tools, and as many crypto loans as you want with this account. 

ChangeNOW Pro users can also add an extra $15 or $100 to their accounts every month to get more benefits. The benefits of each ChangeNOW Pro license level are shown in the table below. 

Features	VIP	Emerald	Brilliant
Cost	Free	$15 per month	$100 per month
Cashback Rate	0.1% cashback per exchange transaction	0.1% cashback per exchange transaction	0.2% cashback per exchange transaction
Cashback Limit	Up to 5,000 NOW Token monthly cashback limit	Up to 100,000 NOW Token monthly cashback limit	Up to 150,000 NOW Token monthly cashback limit
AML Checks	1 check	40 checks per month	Unlimited
Unlimited Crypto Loans	Yes	Yes	Yes
Private Webpage	None	Yes, for receiving crypto payments in DeFi	Yes, for receiving crypto payments with a unique domain name

These ChangeNOW Pro tools work better with the platform’s coin, especially when you stake NOW Tokens. People with a Pro account who add money to it can get weekly prizes for automatically betting. Through extra tools for each, the Pro platform also helps all users keep track of their cashback, crypto loans, and storage security. 

ChangeNOW Review: How Secure is ChangeNOW? 

Beginning in early 2024, when the Bitcoin ETF was approved, crypto assets became easier for everyone to get. This means hackers have more chances to attack users who aren’t paying attention. As a result, ChangeNOW is still dedicated to protecting its users from the many scams and frauds that keep popping up. 

ChangeNOW’s strict AML rules are one way it keeps users’ funds safe. Due to these security measures, the platform has been able to recover more than $21 million in damages from fraud and hacking. With the platform’s native Token, these ChangeNOW Pro capabilities provide even more benefits, particularly when it comes to NOW Token staking. 

Weekly automatic staking incentives are available to pro account holders who make deposits into their accounts. Through additional interfaces for each, the Pro platform also assists in managing storage security, crypto loans, and cashback for all customers. ChangeNOW’s promise to keep users safe goes above and beyond what is expected. 

The exchange helped a user whose account was hacked get back $20,000 in 2023. ChangeNOW said, “When we suspect fraud and freeze funds, it’s about protecting our users.” This shows that the company is dedicated to keeping its clients’ funds safe even when things go wrong. 

ChangeNOW Review: Is the ChangeNOW Mobile App User-Friendly? 

The ChangeNOW platform is readily accessed using a web browser that is suited for phones. The ChangeNOW app can be downloaded on both iOS and Android devices by people who want a full mobile experience. 

Above all, ChangeNOW didn’t leave out any features that made its mobile app easier to use or safer. It’s easy to use on your phone, and the design makes it simple to buy and sell crypto. Both the App Store and Google Play give the mobile exchange high marks, with 4.8 and 4.7 stars, respectively. 

Along with its PC version, the ChangeNOW mobile app lets users know about important changes to their holdings through push alerts. Crypto markets don’t require registration and don’t hold your funds, so mobile changing stays safe and secret. 

Users of the ChangeNOW mobile app who sign up for the Pro account can set a 4-character PIN and two-factor identification (2FA) when sharing or getting crypto assets directly. With more choices, like Face ID or Touch ID login, you can make things easier while still keeping your information safe. 

ChangeNOW Review: Customer Support & Transaction Success Rate 

ChangeNOW has great customer service and a 99% success rate in fixing user errors. The exchange’s live chat service is available 24 hours a day, seven days a week, and is backed by a team of experts. 

ChangeNOW has a great satisfaction score of 4.5 out of 5 based on ChangeNOW reviews on the Trustpilot site. One user said that ChangeNOW’s skilled team solved their problem quickly and effectively, and another said that the ChangeNOW service team was friendly and professional. 

ChangeNOW’s customer service doesn’t end with live chat help either. For extra help, the site has a lot of useful educational resources and tools for checking your state. These pages and services include: 

• A full explanation of how it works 
• A live checker for transaction IDs 
• A page showing the status of the exchange and networks that are supported. 

On top of that, users can still go through with a trade even if they pick the wrong network, coin, or number. Because of this, it is best to double-check payment information to avoid deals that don’t match up. For any crypto assets that were sent by mistake, users should call the ChangeNOW support team right away.   

Additional ChangeNOW Solutions and the NOW Ecosystem 

In addition to its on-ramping services and digital asset exchanges, ChangeNOW provides a range of other cryptocurrency solutions for both individuals and companies. NOW Solutions, the platform’s corporate services, helps businesses trade, process, and store cryptocurrencies. 

To improve their services, businesses can add ChangeNOW exchange APIs, apps, Telegram bots, and even “white-label” solutions. Some of these options can be changed in any way that clients want so that they can be used on their websites, apps, and groups. ChangeNOW has a lot of great extras that go along with its main swap feature, such as: 

• NOW Wallet is a non-custodial cryptocurrency wallet that works with over 40 blockchains and thousands of coins. 
• It is easy to store, buy, sell, and hold cryptocurrency assets, and it can be used on both mobile and PC. 
• With auto-coin exchange, NOW Payments lets users accept payments in more than 300 cryptocurrencies; 
• NOW Nodes, which is the best way to build for Web3, gives you quick access to more than 65 RPC full nodes and block crawlers; 
• NOW Tracker lets users keep an eye on all of their finances from one place. They can link their wallets, trading accounts, and even stocks so that they have easy access to everything they need; 
• NOW Custody makes it very easy for businesses to store and trade goods. 

People can use NOW Tracker to keep track of their portfolios and NOW tool, a non-custodial crypto tool, to store their crypto. Cryptocurrency fans can better handle their cryptocurrency and other investments with the NOW Tracker. You can keep an eye on more than 7,000 crypto assets, 23 standard currencies, and 8,000 stocks with this app. 

Is ChangeNOW Legit?

Read ChangeNOW’s customer reviews and how-it-works information to determine its reliability. Users may make official complaints of significant misconduct with a legitimate firm in a nation with excellent crypto rules, indicating reliability. All of ChangeNOW’s license and location information is on its main website. You can tell whether ChangeNOW is reputable by reading its customer reviews and how it operates.

ChangeNOW is a legitimate exchange that should be trusted for transactions. A reliable organization, the company has been operating since 2017 with minimal big issues. ChangeNOW mobile app and NOW Crypto Wallet downloads total in the tens of thousands, according to the official website. The user base is impressive. If the site wasn’t stable, that number would be lower.

Users don’t have to worry about their money on the site since it’s safe and secure. Scams and hacker attacks are impossible with this method. In case of suspicious behavior, internal security checks, including KYC and AML, are performed.

Customer Support and Online Reviews 

ChangeNOW has great customer service, which is rare in the Bitcoin business, where customer service is often lacking. You can use the well-organized Frequently Asked Questions (FAQ) part to find the answer you need. If that doesn’t work, you can also use the online chat or email options to get a personalized answer. 

It’s simple and easy to use the website, and the team is adding more information about each coin item to help customers learn. It has live social media streams with helpful posts from a blog that is well taken care of. The service gets a 4.6 out of 5 reviews on Trustpilot, which means that most people are happy with it. The reviews are real and come from well-known sites. The service gets good reviews from all users, even those who have problems. 

It could be because they have a support team that is quick to respond and help with problems. Forums have good things to say about the service, which is nice to read because Reddit and other sites can be full of angry customers. There is a scam claim against ChangeNOW, but more study shows that it isn’t true. Even though it was scary, a user who was having trouble getting his money from a big trade used fake IDs to prove his transaction and where the money came from. 

FAQs

ChangeNOW Review: Conclusion

It has been shown that ChangeNOW is a safe and easy way to trade crypto. It’s a great choice for both new and experienced crypto users because it doesn’t require Know Your Customer (KYC), and its fees are clear. It also supports over 1,000 coins. 

The site’s cross-chain features and multiple cash payment choices also make crypto-swapping more possible. ChangeNOW is one of the fastest coin swaps, and their method is safe and doesn’t hold any of your money. It is still the best choice for both small deals and markets with a lot of trades.