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.
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.
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 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.
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.