Changenow Review 2024

Autor

Revisor

Last update: 11 months ago

Our veredict

ChangeNOW offers a user-friendly platform that provides quick and non-custodial crypto exchange services. It shines in its simplicity, making it an excellent choice for those new to cryptocurrency exchanges. Users can swap cryptocurrencies without the need for registration, offering a layer of anonymity that is appealing to many. On the downside, while ChangeNOW supports a broad range of cryptocurrencies and pairs, its service might be limited by higher exchange fees compared to some other platforms. Moreover, the lack of custodial services means that while users maintain control of their wallets, they might miss out on features like earning interest on crypto holdings or more advanced trading tools.

Overall, ChangeNOW stands out for its ease of use and quick transaction capabilities, making it ideal for beginners or those looking for straightforward, fast crypto exchanges. However, those involved in more complex trading strategies or looking for interest-bearing accounts should consider other platforms.

Pros

Cons

Investing risks losing your money

3,4

Threenvest Score

Fees

hidden

U.S Legal

Yes

With the confidence of Threenvest

Security Methods: ChangeNOW employs robust security protocols, including non-custodial transactions that ensure users retain control over their private keys, enhancing overall security.

Customer Service: Despite some feedback about needing improvements, ChangeNOW is committed to enhancing its customer support services, with initiatives aimed at providing quicker and more effective responses.

Reputation and Reviews: The platform has received positive reviews for its user-friendly interface and quick swap features, establishing a solid reputation in the cryptocurrency community.

Trading Volume and Liquidity: With support for over 200 cryptocurrencies, ChangeNOW offers high liquidity, ensuring that transactions are executed swiftly and at competitive rates.

Transparency: ChangeNOW is transparent about its fees and processes, providing users with all necessary information upfront, which helps in building trust.

Best Crypto Exchanges

Why can you trust Threenvest?

At Threenvest, we are unwaveringly committed to providing you with unbiased ratings and information. Our editorial team operates independently, free from any advertising influence. We use meticulous, data-driven methodologies to evaluate financial products and companies, ensuring that all assessments are conducted on a level playing field.

To better understand our editorial guidelines and the investment methodology that supports our ratings, you can explore the information in our editorial policy.

About Changenow

Introduction

ChangeNOW is a non-custodial cryptocurrency exchange service that allows users to swap cryptocurrencies without the need to register an account. It aims to provide a straightforward, safe, and fast platform for those looking to trade cryptocurrencies directly.

What is ChangeNOW?

ChangeNOW is a platform that facilitates the exchange of cryptocurrencies without requiring users to create an account. It supports over 200 coins for quick swaps and focuses on providing a seamless user experience with a simple interface and fast transaction processing times.

Background and History

Launched in 2017, ChangeNOW has grown rapidly by focusing on ease of use and removing barriers such as account creation. The platform is known for its commitment to user privacy and security, ensuring that transactions are transparent and secure.

Founders

The founders of ChangeNOW have backgrounds in blockchain technology and cybersecurity, bringing a wealth of experience to the platform. They remain actively involved in its operations, ensuring that ChangeNOW stays at the forefront of technological advances in the cryptocurrency exchange market.

Fun Facts and Interesting Details

ChangeNOW once processed a record-breaking transaction worth over $1 million in a single swap.
The platform integrates with major trading platforms to offer real-time trading capabilities.
It also contributes to blockchain and cryptocurrency education through regular publications and webinars.

Headlines

“ChangeNOW Celebrates Over 1 Million Users Worldwide”
“ChangeNOW Leads the Way in Trustless Crypto Exchanges”
“ChangeNOW Introduces Educational Series on Cryptocurrency Basics”

These segments highlight ChangeNOW’s blend of accessibility, innovation, and educational commitment in the rapidly evolving world of cryptocurrency exchanges.

Why Choose Changenow?

Choosing ChangeNOW as your cryptocurrency exchange platform is a wise decision for several reasons. Firstly, its user-friendly interface makes it exceptionally easy for beginners to navigate and execute trades quickly. This simplicity is crucial for those new to cryptocurrency exchanges, ensuring a smooth and straightforward trading experience.

Secondly, the non-custodial nature of ChangeNOW ensures that you retain control over your cryptocurrencies, providing a higher level of security compared to custodial exchanges. You don’t need to worry about the exchange holding your funds, which mitigates risks associated with exchange hacks or mismanagement.

Thirdly, ChangeNOW supports a wide range of cryptocurrencies, giving you the flexibility to trade across various assets. This variety not only allows for direct trades between lesser-known coins but also offers more opportunities for portfolio diversification.

Where it falls short

One area where ChangeNOW could improve is its customer support. While the platform excels in providing a user-friendly and efficient service, the responsiveness and helpfulness of its customer support team have room for enhancement. Enhancing support could involve increasing staff numbers, offering more training, and introducing additional channels like live chat to ensure users receive timely and effective help.

Additionally, the introduction of advanced trading features could significantly bolster ChangeNOW’s appeal to more experienced traders. Currently, the platform caters well to beginners with its simplicity but could attract a wider audience by incorporating tools such as charting capabilities, more complex order types, and perhaps even features like margin trading. Developing these aspects would not only retain users as they become more sophisticated in their trading needs but also attract a new segment of the market looking for a more feature-rich trading environment.

Features	Explanation
Minimum Trade	ChangeNOW allows users to trade small amounts of cryptocurrencies, accommodating users who prefer to trade minimal quantities.
Trading and Transaction Fees	While fees are competitive, they can vary and be higher for certain routes or less popular coins.
Number of Cryptocurrencies	Supports over 200 cryptocurrencies, providing a wide selection for trading.
Crypto-to-Crypto Trading Pairs	Offers a vast array of trading pairs, allowing direct swaps between a diverse range of cryptocurrencies.
Website Transparency	Generally transparent about fees and trading processes, but could improve accessibility of detailed information on the backend processes.
Credit/Debit Card	Does not provide its own exchange card for in-store purchases or benefits.
Storage Offering	Provides a secure, non-custodial service that doesn’t store user funds but could enhance security features or options.
Staking and Rewards	Limited options for staking and rewards compared to other platforms that offer comprehensive staking services.
Mobile App and Desktop	Both mobile and desktop interfaces are user-friendly, facilitating easy and efficient trading on any device.
Customer Service	Customer service is available but has room for improvement in terms of response times and support quality.
Deposit and Withdraw	Facilitates easy and fast deposits and withdrawals but could expand the variety of accepted payment methods.

Investing risks losing your money

Xavier Tarrasó

EIP and Cryptocurrency Investor

As a cryptocurrency analyst at our website, I’ve spent considerable time exploring and using various exchanges, and ChangeNOW stands out for its remarkable simplicity and efficiency. From my personal experience, this platform is especially well-suited for those who are new to the cryptocurrency world or those who prefer straightforward, quick crypto exchanges without the hassle of lengthy registrations. ChangeNOW’s focus on user privacy and security, without requiring personal information, provides peace of mind, making it a top recommendation for users valuing anonymity alongside ease of use. Whether you’re looking to swap small amounts or engage in more significant trades, ChangeNOW facilitates it all with commendable ease and speed.

Fees

ChangeNOW simplifies the process of trading cryptocurrencies by imposing a straightforward fee structure that varies depending on the transaction and the currency pair used. Typically, ChangeNOW integrates a service fee directly into the exchange rate, which means the rates you see already include the fee, ensuring transparency and avoiding unexpected charges. The platform does not charge a separate service fee, but network fees, which are payments to miners, still apply and are necessary for the transaction to be processed on the blockchain. This fee structure makes it easy for beginners to understand the total cost of each transaction without having to navigate complex fee schedules.

Pros

Inclusive Fee Structure: The trading fees are included in the exchange rate, making transactions straightforward without hidden costs.
No Registration Fees: ChangeNOW does not require account creation, thus avoiding any associated fees or delays related to account verification.
Competitive for Popular Pairs: Fees are highly competitive, especially for popular crypto-to-crypto trading pairs, ensuring cost-effective exchanges.

Cons

Product selection

ChangeNOW offers a streamlined and user-friendly platform that caters to both new and experienced cryptocurrency traders. Its non-custodial model ensures that users maintain full control over their funds, significantly reducing the risks associated with exchange hacks. With support for over 200 cryptocurrencies, ChangeNOW provides a broad selection for those looking to diversify their crypto portfolios. The platform’s ease of use, combined with the absence of registration requirements, makes it incredibly accessible for those who prioritize speed and privacy in their transactions. This simplicity, however, does not come at the expense of security, as ChangeNOW employs robust encryption and automated risk assessment tools to protect users’ transactions. Despite these strengths, ChangeNOW does have some limitations compared to more advanced exchanges. The lack of complex trading tools, such as margin trading and detailed chart analysis, may deter more sophisticated traders who rely on these features for their strategies. Additionally, the platform’s non-availability in certain countries, including the United States and China, restricts its global reach. Customer support, while generally responsive, can experience delays during peak times or with complex issues. Overall, at Threenvest, we recommend ChangeNOW for users seeking a reliable and efficient platform for straightforward cryptocurrency exchanges, while those in need of advanced trading features might want to consider other options.

Pros

Wide Cryptocurrency Selection: ChangeNOW supports over 200 cryptocurrencies for exchange, providing users with a vast array of options for trading and portfolio diversification.
Non-Custodial Service: ChangeNOW ensures user security by not holding any user funds. This non-custodial approach minimizes the risk of losing assets due to hacks or internal breaches.
User-Friendly Interface: The platform is designed to be intuitive and easy to use, making it accessible for beginners and convenient for experienced traders.

Cons

Limited Advanced Features: ChangeNOW focuses on simplicity and speed, which might not cater to advanced traders looking for detailed analytical tools and more complex trading functionalities.
Customer Support: While generally effective, there have been reports of delays or inadequate support during peak times or for more complex issues, which could be a drawback for users requiring immediate assistance.

Read more about product selection in Changenow

ChangeNOW provides a comprehensive array of services and products that cater to various aspects of the cryptocurrency exchange process, making it a versatile platform for a broad spectrum of users. Here’s an extensive breakdown of what ChangeNOW offers:

Leveraged Tokens

ChangeNOW does not currently offer leveraged tokens. This service is more typical of platforms catering to advanced traders who seek to leverage their positions in volatile markets.

Debit Card

ChangeNOW does not provide a branded debit card. However, it facilitates the purchase of cryptocurrencies using debit cards through its quick and simple interface.

Mobile App

The ChangeNOW mobile app is robust and user-friendly, allowing users to quickly and securely swap cryptocurrencies on the go. It mirrors the simplicity and functionality of the desktop version in a convenient mobile format.

Own Cryptocurrencies

ChangeNOW does not issue its own cryptocurrencies but offers a wide selection of over 200 cryptocurrencies for trading.

Own Network

ChangeNOW operates on a non-custodial model and does not have its own blockchain network. It facilitates transactions on existing networks by providing a secure platform for swaps.

Financial Products

ChangeNOW focuses primarily on exchange services and does not currently offer a range of financial products such as loans or futures.

Launchpad

There is no launchpad service available on ChangeNOW, which is generally used for launching new tokens or fundraising for crypto projects.

Staking

While traditionally not a feature, ChangeNOW may occasionally offer staking services for specific cryptocurrencies as part of promotional activities or partnerships.

Loans

ChangeNOW does not provide crypto-backed loans, focusing instead on exchange services without the complexities of financial borrowing.

Liquid Swap

ChangeNOW facilitates quick swaps between cryptocurrencies but does not offer a liquid swap feature typical of decentralized finance (DeFi) platforms.

Promotions and Referral Codes

The platform occasionally offers promotions and referral codes, which are primarily aimed at attracting new users and rewarding existing ones for their loyalty and referrals.

Tournaments

There are no trading tournaments on ChangeNOW, which are more commonly found on platforms that also offer derivatives and margin trading.

Leverage

ChangeNOW does not offer leveraged trading; it maintains a straightforward swap service without the additional risk associated with leverage.

Demo Account

ChangeNOW does not provide a demo account as its services are designed to be intuitive and straightforward, making it easy for new users to engage without prior practice.

Futures, Wallet, Derivatives

These services are not available through ChangeNOW. The platform focuses on ensuring that its core offering, cryptocurrency swaps, is as efficient and user-friendly as possible.

API

ChangeNOW provides an API for developers, allowing them to integrate its swap functionality into their applications, thereby extending the utility and reach of its services.

Trading View, Earn Opportunities, Yielding Pools, Bonus Deals

ChangeNOW does not typically offer these features but focuses on providing a secure and efficient platform for exchanging cryptocurrencies with ease. In summary, ChangeNOW is tailored to users who prefer a straightforward, reliable, and quick method to exchange cryptocurrencies without the complexities often associated with other trading platforms. It excels in simplicity and security but does not venture deeply into the more advanced or speculative aspects of crypto trading.

Account opening

To start using ChangeNOW, there’s no conventional account opening process; users can directly initiate transactions without creating an account. This means there’s no need to submit personal details, wait for account verification, or go through a lengthy setup process. You simply select the cryptocurrencies you want to swap, enter the wallet address where you want to receive the exchange currency, and send your deposit to the provided address. ChangeNOW then processes the exchange and sends the converted crypto to your wallet, all while ensuring high security and user anonymity. This method not only saves time but also enhances user security by minimizing the amount of personal information at risk.

Pros

No Registration Required: ChangeNOW allows users to exchange cryptocurrencies without creating an account, which simplifies the process significantly and enhances user privacy.
Immediate Access: Users can start trading immediately without any delays for account verification, making it ideal for those who need to execute quick transactions.
Enhanced Privacy: By not requiring personal information for account creation, ChangeNOW protects users' privacy and reduces the risk of data breaches.

Cons

Lack of Account Features: The absence of a traditional account system means users miss out on features like transaction history, balance tracking, and more detailed account management tools.
Limited Customer Support Options: Without an account, resolving disputes or transaction issues can be more challenging, as the platform might have less information to help address individual cases effectively.

Read more about account opening in Changenow

How to Sign Up on ChangeNOW

Access the Website or Mobile App: Open ChangeNOW’s website or download their mobile app to get started.
No Account Creation Required: ChangeNOW doesn’t require you to create an account. This means you skip the usual email verification or KYC procedures.

Opening An Account

Since ChangeNOW is a non-custodial service, it does not require users to formally open an account. This approach maximizes user privacy and simplifies the transaction process.

How to Buy Your First Cryptocurrency

Select Cryptocurrencies: Choose the cryptocurrency you want to exchange and the one you want to receive.
Enter Your Wallet Address: Provide the address of the wallet where you want to receive the cryptocurrency.
Send Your Deposit: Transfer the cryptocurrency you are exchanging to the provided address by ChangeNOW.
Receive Your Exchange: ChangeNOW will process the exchange and send the new cryptocurrency to your wallet address.

Account Types

ChangeNOW does not differentiate between account types because it does not require account creation. All users access the same level of features and functionality.

How to Use ChangeNOW?

Choose the Exchange Pair: Pick the pair of currencies you want to swap.
Enter Transaction Details: Specify how much you want to exchange and where you want to send the received funds.
Confirm and Transfer: Confirm the details and make the transfer from your wallet; ChangeNOW handles the rest.

Registration and KYC

No KYC Process: ChangeNOW allows users to transact without submitting personal details, focusing on privacy and speed.

ChangeNOW’s approach to using cryptocurrency exchanges without the need for account creation or KYC compliance is particularly appealing for users who prioritize speed and privacy. However, remember, without account-related features, managing and tracking past transactions can be more challenging.

Security

ChangeNOW prioritizes user security and simplicity, making it a highly accessible option for cryptocurrency traders of all experience levels. Its non-custodial model ensures that users maintain full control over their funds, significantly reducing the risk of centralized breaches and hacks. The platform’s use of SSL encryption and automated risk assessment tools further enhances the safety of transactions. By not requiring account registration, ChangeNOW also protects user privacy, allowing for quick and anonymous exchanges. This straightforward approach makes it particularly appealing for users who value speed, security, and ease of use in their trading activities. Nevertheless, ChangeNOW’s focus on simplicity does come with some trade-offs. Advanced traders might find the lack of sophisticated tools, such as margin trading, futures, and detailed chart analysis, a limitation. Additionally, the platform is unavailable in certain major markets, including the United States and China, due to regulatory restrictions. Customer support, while generally effective, can experience delays during high demand periods or when addressing complex issues. At Threenvest, we recommend ChangeNOW for users seeking a reliable and secure platform for straightforward cryptocurrency exchanges, but those in need of more advanced trading features and broader geographic availability may want to consider other exchanges that cater to these specific needs.

Pros

Non-Custodial Exchange: One of the significant advantages of ChangeNOW is its non-custodial nature, which means it does not hold users' funds. This dramatically reduces the risk of major security breaches involving user funds, as the potential attack surface is minimized.
SSL Encryption and Security Protocols: ChangeNOW uses SSL encryption to secure communications between users and the server. This encryption ensures that all data transmitted, including transaction details, is securely encrypted, safeguarding against interception and unauthorized access.
Enhanced Privacy: ChangeNOW does not require personal information for exchanges, enhancing user privacy. This lack of personal data collection not only ensures privacy but also protects users from potential data breaches.

Cons

Limited User Control Over Security Settings: As ChangeNOW is a non-custodial service that doesn’t require registration, users have limited control over security settings that might be available on other platforms, such as account-based 2FA.
Dependence on External Wallet Security: Since ChangeNOW does not store funds and relies on users to use their own wallets, the overall security of a user's funds heavily depends on the security measures of their chosen wallet. This can be a disadvantage for users who may not be aware of or use secure wallet practices.

Is ChangeNOW Legit?

ChangeNOW is a legitimate service that provides a non-custodial cryptocurrency exchange. This means it does not hold user funds, thereby reducing the risk of theft from hacking incidents at the exchange level. Users maintain control over their wallets, which enhances safety and privacy.

Regulation and Licensing

While ChangeNOW operates primarily as a non-custodial service, it complies with general internet and financial service regulations applicable to its operations. However, as a non-custodial exchange, it is not subject to the same stringent regulatory requirements that apply to traditional custodial exchanges, which handle and store user funds.

Is ChangeNOW Safe?

Security Methods

Non-Custodial Model: By not holding user funds, ChangeNOW minimizes the risk of internal breaches or large-scale hacks targeting stored assets.
SSL Encryption: Secures data transmission between users and the service, protecting sensitive information from interception.
Automated Risk Management: Monitors transactions for suspicious activity, helping to prevent fraud and unauthorized access.

History of Security

ChangeNOW has a strong track record with no significant security breaches reported. This is partly due to its non-custodial nature, which inherently reduces security risks associated with asset storage.

Final Security Considerations

While ChangeNOW provides robust security through its operational model and technological measures, users are also responsible for ensuring the security of their own wallets. The safety of transactions also depends on the security practices of the users, such as using secure wallets and keeping private keys private.

Conclusion

Overall, ChangeNOW is a secure platform for users to exchange cryptocurrencies without the risks associated with storing funds on an exchange. Its non-custodial approach and emphasis on user-controlled security, coupled with strong encryption and risk monitoring, make it a safe choice for cryptocurrency exchanges. However, users must be diligent with their wallet security to ensure complete safety of their funds.

Customer service

ChangeNOW’s customer service is designed to offer reliable and efficient support to its users, reflecting the platform’s commitment to a seamless user experience. The platform provides multiple channels for users to reach out, including email and social media, and maintains an extensive FAQ section to address common issues and questions. The support team is known for their quick response times and knowledgeable assistance, helping users resolve their concerns promptly. This approach ensures that users can have their issues addressed efficiently, whether they are dealing with transaction problems or need help understanding the platform’s features. However, there are areas where ChangeNOW’s customer service can improve. During peak times or when dealing with more complex issues, response times can sometimes be slower, which might be frustrating for users needing immediate assistance. Additionally, the absence of phone support limits the ways in which users can seek help, potentially affecting those who prefer more direct, real-time communication. Despite these limitations, ChangeNOW’s commitment to continually improving its customer support is evident, and the platform generally receives positive feedback for its user-centric approach. At Threenvest, we find ChangeNOW’s customer service to be effective for most users, though there is room for enhancement in responsiveness and support options.

Pros

Multiple Support Channels: ChangeNOW offers various ways for users to get in touch with customer service, including email, social media, and a comprehensive FAQ section. This flexibility ensures that users can choose the most convenient method for them.
Knowledgeable Support Team: The support staff at ChangeNOW is well-informed about the platform’s features and the broader cryptocurrency market. This expertise allows them to provide detailed and accurate support, enhancing the overall user experience.
Quick Response Times: ChangeNOW strives to maintain rapid response times, which is crucial for addressing user concerns and questions efficiently, particularly when dealing with time-sensitive trading issues.

Cons

Inconsistency During Peak Times: Some users have reported delays in receiving support during peak times or for more complex queries. While generally responsive, the customer service team can be overwhelmed, leading to slower response rates during high demand periods.
Limited In-Depth Troubleshooting: Due to the platform's non-custodial nature and lack of account registration, troubleshooting specific issues can be challenging. The support team may have limited capabilities to resolve certain types of problems without traditional user account information.

Read more about customer service in Changenow

In the customer service section for ChangeNOW, we’ll cover several key aspects to provide a comprehensive view of how the platform supports its users. This includes an overview of their customer support practices, the reputation and feedback from users, the methods available for contacting the support team, typical response times, and additional considerations that might be relevant to users.

Customer Support

ChangeNOW is known for its efficient customer support, which is crucial given the dynamic and sometimes complex nature of cryptocurrency transactions. The platform provides support through several channels to ensure accessibility and responsiveness. The support team is trained to handle a wide range of issues, from basic inquiries about transaction statuses to more complex technical problems.

Reputation and Customer Feedback

ChangeNOW’s reputation in customer service is generally positive, with many users citing quick and helpful responses. User reviews often highlight the platform’s reliability and the ease of use of its services. However, like any service, there are occasional reports of slower responses during times of high demand or for particularly complex issues. Feedback from users is taken seriously, with ChangeNOW using this information to continually improve their service. This includes optimizing their user interface and transaction processes based on user suggestions and reported issues.

Methods of Contact

ChangeNOW offers multiple methods for users to contact their support team:

Email: For detailed inquiries that may require a thorough explanation or attachment of documents.
Social Media: Quick questions or concerns can be addressed through platforms like Twitter and Facebook, where ChangeNOW maintains active profiles.
FAQ Section: Before contacting support, users are encouraged to check the FAQ section on the ChangeNOW website, which covers a wide range of common questions and issues.

Response Time

ChangeNOW aims to respond to user inquiries as quickly as possible. Response times can vary:

Emails are typically answered within a few hours, but it can take up to 24 hours during peak times.
Social Media inquiries may receive faster responses, especially for straightforward questions.
Immediate Assistance: For users needing immediate help, checking the FAQ or using social media for simple queries is recommended.

Additional Considerations

Users considering using ChangeNOW should be aware of several factors:

Non-custodial Nature: Since ChangeNOW is a non-custodial exchange, they do not hold users’ funds. This limits certain types of support that can be provided, especially relating to account recovery or access issues.
No Phone Support: Currently, ChangeNOW does not offer phone support, which may be a limitation for users who prefer voice communication.
Language Support: Consider the languages supported by the ChangeNOW customer service team to ensure there is no barrier in communication.

Overall, ChangeNOW’s customer service is structured to provide efficient, accessible support across various channels, ensuring that users can receive assistance when needed. The platform continues to adapt and evolve its customer support practices in response to user feedback and changing market conditions.

Is changenow Right for You?

Preference for Non-Custodial Exchanges: ChangeNOW is ideal if you prioritize maintaining control over your cryptocurrencies. As a non-custodial exchange, it does not hold your funds at any time, which means transactions are direct and you need to manage your own wallet security. This setup is best for users who prefer not to leave their crypto assets in the hands of a third-party exchange, thus reducing the risk of losing funds through exchange hacks.
Need for Speed and Simplicity in Transactions: ChangeNOW is designed for users who value quick and straightforward cryptocurrency exchanges without the complexity of registration or account setup. If you’re looking for a hassle-free way to swap cryptocurrencies with minimal delay, ChangeNOW’s efficient and user-friendly platform will likely meet your expectations. This makes it particularly appealing to both beginners and experienced users who need fast transaction times.
Lack of Advanced Trading Tools and Features: If you are an advanced trader who relies on detailed charts, margin trading, futures, and other sophisticated trading tools, ChangeNOW may not meet your needs. The platform focuses on simplicity and speed rather than comprehensive trading features. It’s best suited for straightforward, direct exchanges rather than complex trading strategies.

Considering these points, ChangeNOW is right for you if you’re seeking a reliable, quick, and simple way to exchange cryptocurrencies without the need for an account, and you are comfortable managing your own security measures for your digital assets.

Changenow compared to other crypto exchanges

Threenvest score

3,4

Fees

hidden

US Legal

Yes

Security

High 4/5

Investing risks losing your money

Threenvest score

4,7

Fees

0,10%

US Legal

Yes

Security

High 4,9/5

Investing risks losing your money

crypto.com

Threenvest score

4,9

Fees

US Legal

Yes

Security

High 4,9/5

Investing risks losing your money

Available cryptocurrencies and countries available

ChangeNOW supports a diverse range of over 200 cryptocurrencies, catering to a broad spectrum of traders and crypto enthusiasts worldwide. This extensive selection includes popular options like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC), among others, ensuring that users have access to both major and minor digital currencies for their trading needs.

Main Cryptocurrencies Not Available:

While ChangeNOW offers a wide array of cryptocurrencies, there are notable absences such as Monero (XMR) and other privacy-focused coins, which might not be supported due to regulatory concerns in certain jurisdictions.

Principal Countries Available:

ChangeNOW is accessible in many countries globally, providing services to a vast international audience. Users from countries with liberal crypto regulations such as Canada, the UK, most of the EU, and parts of Asia can freely use ChangeNOW for their crypto transactions.

Important Countries Not Supported:

However, ChangeNOW is not available to residents of the United States due to stringent regulatory requirements and potential legal complexities. Additionally, other countries with strict regulations on cryptocurrency exchanges, such as China, may also be restricted from using the service. This global accessibility, paired with a comprehensive selection of cryptocurrencies, makes ChangeNOW a versatile platform for international users, albeit with some limitations based on local regulations.

Main cryptocurrencies available

Bitcoin (BTC)
Ethereum (ETH)
Ripple (XRP)
Litecoin (LTC)
Cardano (ADA)
Polkadot (DOT)
Binance Coin (BNB)
Chainlink (LINK)
Dogecoin (DOGE)
Solana (SOL)
Stellar (XLM)
Tether (USDT)
Bitcoin Cash (BCH)
Uniswap (UNI)
Aave (AAVE)
Cosmos (ATOM)
Tezos (XTZ)
EOS (EOS)
Tron (TRX)
Algorand (ALGO)

Main countries where you can open an account

United Kingdom
Canada
Australia
Germany
France
Netherlands
Spain
Italy
Belgium
Sweden
Switzerland
Norway
Austria
Japan
South Korea
New Zealand
Brazil
India
Russia
South Africa

FAQs

What do I need to start trading on ChangeNOW?

To start trading on ChangeNOW, simply choose the cryptocurrency you want to swap, enter the wallet address where you’d like to receive the exchanged cryptocurrency, and send your deposit to the provided address. No account registration or personal information is required.

How long does a typical cryptocurrency exchange take on ChangeNOW?

The transaction time on ChangeNOW can vary depending on the chosen cryptocurrencies and network congestion. However, most exchanges are processed in a matter of minutes.

Can I buy cryptocurrency with fiat on ChangeNOW?

Yes, ChangeNOW allows you to purchase cryptocurrencies using fiat money. This is facilitated through third-party providers that support credit card transactions.

What are the fees for using ChangeNOW?

ChangeNOW integrates its fees into the displayed exchange rate. There are no hidden fees, but you should be aware of network fees which are required for the blockchain operations and are not controlled by ChangeNOW.

Is it safe to use ChangeNOW?

Yes, ChangeNOW is considered safe to use. It is a non-custodial exchange, meaning it does not hold your funds, reducing the risk of losing assets through hacks. Transactions are secured with SSL encryption, and privacy is enhanced since no account registration is necessary.

Which countries are restricted from using ChangeNOW?

ChangeNOW is not available to residents of the United States, China, and several other countries typically due to regulatory restrictions or sanctions. Please check local regulations to confirm whether you can legally use ChangeNOW from your location.

What should I do if my transaction fails?

If a transaction fails, you should contact ChangeNOW support immediately with the transaction ID and any relevant details. The support team is available through multiple channels and is responsive to resolving issues promptly.

Final opinion on Changenow

At Threenvest, we understand the importance of choosing the right cryptocurrency exchange that aligns with your trading needs and security preferences. ChangeNOW distinguishes itself as a highly accessible and efficient platform, ideal for those seeking swift crypto-to-crypto exchanges without the hassle of account creation or verification. This non-custodial approach not only speeds up the transaction process but also enhances user security by eliminating the risk associated with storing funds on the exchange. Such features make ChangeNOW particularly appealing for users who prioritize privacy and speed over extensive trading tools and functionalities.

However, it’s important to consider that while ChangeNOW offers significant advantages in terms of simplicity and security, it may not cater to the needs of more advanced traders looking for detailed chart analyses, leveraged trading, or other sophisticated trading instruments. Compared to other exchanges that provide a broad range of trading tools, ChangeNOW keeps it basic, focusing instead on user-friendliness and transaction speed. For our clients at Threenvest seeking a straightforward platform for quick and secure cryptocurrency exchanges, ChangeNOW stands out as a solid choice. Yet, for those requiring more comprehensive trading features, exploring additional platforms may be advisable to find a service that fully meets their trading strategies and goals.

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).

For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

Do not invest unless you are fully prepared to lose the entire amount of your investment. This is a high-risk activity, and you should not rely on any guarantees of protection if something goes wrong.

Alejandro Borja Fuentes

Economist | Cryptocurrency exchange analyst

The author of the review

Alejandro Borja is an accomplished economist with a distinguished career spanning various facets of the financial industry. His academic journey began with a degree in Economics, laying the foundation for his deep understanding of financial markets.

Over the years, Alejandro has honed his skills by working with some of the largest financial media outlets, analyzing and reporting on economic trends and investment opportunities. His expertise in financial analysis has made him a respected voice in the economic community.

Investing risks losing your money