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ChangeNOW

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ChangeNOW is a beginner-friendly non-custodial instant cryptocurrency exchange platform integrated into more than 10 cryptocurrency trading platforms, including Poloniex, Binance and Bittrex:[1] etc. The service acts as a mediator between trading cryptocurrency platform and users providing a wide range of digital assets for a seamless exchange. Whenever a user exchanges one cryptocurrency to another, the corresponding rate is picked up and suggested to them in real time. In the span of milliseconds, ChangeNOW correlates the amount to exchange and places bid/ask orders on the trading platforms and picks up the best rate possible. The exchange platform does not require account creation for processing transactions and currently offers more than 168 coins[2] available for exchange. The fiat-currency option is also available - you can buy cryptocurrency with Visa or MasterCard payment cards. The platform does not hold any limits regardless of the amount.

History[edit]

ChangeNOW was launched in September 2017 and made a leap into the market simultaneously with the launch of a bitcoin hard fork[3] – Bitcoin Gold (BTG) - on November 12th, 2017[4]. ChangeNOW was the first exchange platform to support BitcoinGold (BTG) in the global market, and in just one day, the amount of funds that went through the exchange were raised to $1 million[5] due to the agitation around the new bitcoin fork. Since March, 2018 it has been available to purchase crypto currencies for fiat currencies, such as Euro,USD, British Pound etc.

NOW Token[edit]

ChangeNOW issued its own NOW tokens on May 28th, 2018[6]. NOW token distribution has started with gradual airdrop of 60 000 000 tokens for the exchange users and Affiliate partners. For affiliate partners, ChangeNOW is distributing 30 000 000 NOW tokens, proportional to their turnover. The aim is to list NOW token on popular trading platforms with no crowdsale involved. According to the road-map, NOW tokens are going to be reduced by 50% in the course of 3 years, leaving 100 MM remaining. In order to implement it, all NOW tokens spent for services on ChangeNOW will be destroyed.

Security[edit]

Transactions being performed via ChangeNOW does not require user account registration. However, there are some exceptions[7]. The account registration is protected with two-factor authentication and an HTTPS security protocol. According to the European Know Your Customer (KYC) Directives, ChangeNOW executes anti-fraud and Anti-Money Laundering (AML) procedures that require a user to provide information on the origin of funds they are exchanging. This measure aims to prevent malicious activities on ChangeNOW and services alike.

API[edit]

ChangeNow provides its API for wallets and other platforms.[8] Thus, crypto services do not need to develop their own solution for the coin exchanges, but take advantage of the ready-made technical proposal from ChangeNOW. With the integrated API it is possible to process exchanges within a platform or application ChangeNOW is partnered with. Among them there are such multi-platform wallets as Exodus, Guarda Wallet and ClassicEtherWallet[9].

Affiliate Program and Customizable Widgets[edit]

ChangeNOW users can participate in its affiliate program to receive 0,4% of total turnover[10]. There are various types of referral links one may put on their web resource, even an API for processing exchanges on their site. One of the affiliate tools is a customizable Widget for merchants and bloggers who can place it on a website or blog. The Widget allows to exchange one crypto to another directly, without leaving the web page and accept cryptocurrency from other users and blog readers for donation or monetization purposes.

Core Partners[edit]

As per day of this article, the platform has teamed up with various other business in the market[11]

  • Binance
  • Bittrex
  • Bitfinex
  • Exodus
  • CoinSwitch
  • Guarda Wallet
  • Trezor
  • ClassicEtherWallet.com
  • Indacoin
  • FLX Wallet

Public Press and Platform Reviews[edit]

ChangeNOW as a brand has been on the market since September 2017 and since then has made public appearance in press and gained reputation of a reliable service with a rating on various platforms:

Postal and Registration Addresses[edit]

Registered address[20]:

ChangeNOW international Ltd., a company incorporated in Belize

Suite 102, Ground Floor, Blake Building, Corner Eyre & Hutson Streets, Belize City

Postal Address: Amsterdam, Kraanspoor 50, 1033 SE, Netherlands

External links[edit]

References[edit]

  1. "ChangeNOW - A non-custodial exchange platform - Bitcoin Wiki". en.bitcoinwiki.org. Retrieved 2019-02-26.
  2. "ChangeNOW". ChangeNOW. Retrieved 2019-02-26.
  3. "List of bitcoin forks", Wikipedia, 2019-01-11, retrieved 2019-02-26
  4. Iskra, Edward (2018-01-15). "Roadmap 2018". Bitcoin Gold. Retrieved 2019-02-26.
  5. "ChangeNOW - A non-custodial exchange platform - Bitcoin Wiki". en.bitcoinwiki.org. Retrieved 2019-02-26.
  6. "ChangeNOW (NOW) price, rating, news, and analysis - Binance Info". ChangeNOW (NOW) price, rating, news, and analysis - Binance Info. Retrieved 2019-02-26.
  7. "ChangeNOW". ChangeNOW. Retrieved 2019-02-26.
  8. "ChangeNOW". ChangeNOW. Retrieved 2019-02-26.
  9. "ChangeNOW". ChangeNOW. Retrieved 2019-02-26.
  10. "ChangeNOW". ChangeNOW. Retrieved 2019-02-26.
  11. "ChangeNOW". ChangeNOW. Retrieved 2019-02-26.
  12. "ChangeNOW is rated "Great" with 7.9 / 10 on Trustpilot". Trustpilot. Retrieved 2019-02-26.
  13. "Changenow.io Traffic, Demographics and Competitors - Alexa". www.alexa.com. Retrieved 2019-02-26.
  14. writers, investinblockchain; investinblockchain, analysts from around the world Read (2018-09-07). "ChangeNOW Partners With Exodus Wallet". Invest In Blockchain. Retrieved 2019-02-26.
  15. Guest (2018-09-08). "ChangeNOW Partners with Exodus Wallet". NullTX. Retrieved 2019-02-26.
  16. Release, Press (2018-09-12). "ChangeNOW Partners with Exodus Wallet for Smooth and Seamless Exchange of Your Coins". CCN. Retrieved 2019-02-26.
  17. "ChangeNOW Introduces Fixed Rate Exchanges For All Its Customers For Smooth Crypto Swaps Without An Account". CryptoSlate. Retrieved 2019-02-26.
  18. "Crypto exchanger ChangeNOW integrates Cardano (ADA)". CryptoNinjas. Retrieved 2019-02-26.
  19. "ChangeNOW Launches Android App for Instant Limitless Coin Swaps Free of Custody". Retrieved 2019-02-26.
  20. "ChangeNOW". ChangeNOW. Retrieved 2019-02-26.



This article "ChangeNOW" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:ChangeNOW. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.


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