Skip to content

There are a lot of crypto exchanges out there, but they all have their own flaws. Today we are doing a ChangeNOW review.

ChangeNOW was built to solve these problems and provide the best possible service for the customers. 

The ChangeNOW exchange is fast, reliable, cheap and easy-to-use – with no hidden fees or charges. This means that you can trade your coins quickly without having to worry about any hidden costs. You can also store your funds safely in our cold storage wallet until you’re ready to trade them again.

Does this mean ChangeNOW is the best cryptocurrency exchange to buy and sell digital assets? Let’s dive in to find out. 

ChangeNOW Review

45 stars

A cryptocurrency exchange has a lot of competition these days. How do you know which exchange you should use? 

When we look at cryptocurrency exchanges, we are looking for reliable, safe, and secure trading options with multiple crypto pairs. We are also looking for beginner-friendly, easy-to-use trading environments that offers additional features to help average traders. 

This is why we took a look at ChangeNOW, because we kept hearing about all the amazing trading features offered. 

See our full ChangeNOW review to see what we came across and learn if this crypto trading exchange will work for you or if there are better options. 

Pros

  • Simple and easy-to-use interface
  • Non-Custodial Cryptocurrency Exchange
  • Set up a reliable partnership network
  • No KYC or AML checks
  • Supports over 200 cryptos and 1300 trading pairs
  • It does not allow selling crypto-to-fiat

Cons

  • Swapping cryptos speed depends on the Blockchain Network.
  • High credit card surcharge

What is ChangeNOW?

Launched in 2017, ChangeNow has rapidly established itself as one of the popular non-custodial cryptocurrency exchanges in the arena. With ChangeNow services, crypto-users get the luxury of swapping their assets from 200 crypto options the platform supports.

ChangeNow is owned and operated by ChangeNow International Limited and strives to provides its clientele with a safe, simple, and convenient platform.  As the forum is non-custodial, it does not deal with your funds directly or require you to make an account. Users can employ its services to change over their assets instantly with utmost security. 

The digital exchange provider has also introduced its proprietary token dubbed NOW. NOW tokens facilitate the platform’s users to move alternative tokens to its main net. Besides this, ChangeNow also offers many rewards to the NOW token holders, such as providing affiliate commissions, better crypto exchange rates, and more.

Moreover, the ChangeNow cryptocurrency exchange is a highly secure and reliable platform. It does not limit you while exchanging; you can swap your digital assets as much you want ⸺ worry-free, account-free, and quicker than light.

changenow review

In today’s review, we will cover the platform’s features, services, security aspects, friendly-user interface, along with many other facets to ascertain What makes ChangeNow crypto-exchange popular? 

Although our objective always remains to provide you the updated and accurate information about the platform. Still, we recommend that you at least visit the ChangeNow official web portal before making any decision, in case of few changes occur over time. Without further ado, let’s get into it!

How Does ChangeNOW Work?

change now profile

The ChangeNow platform is not a cryptocurrency exchange per se; it acts as an intermediary service between its clientele and other cryptocurrency exchanges and finds the best possible crypto prices in the market for them. For this purpose, ChangeNow works with multiple crypto exchanges like Binance, OKEx, Huobi, and Bitfinex.

In other words, when you employ the ChangeNow platform to swap your crypto assets, your order is fulfilled through its partnered exchange. Upon swap’s completion, you receive your desired crypto right into your wallet, whose address you provided when you made the order. Following is the stepwise guide which the platform performs when you make a swap order on ChangeNow:

  1. Choose the cryptocurrency you want against your digital assets.
  2. Provide your crypto wallet address.
  3. Upon platform’s swap process completion, go through the transactional details and confirm.
  4. At this point, you are to send your crypto assets to the platform’s recommended wallet address. 
  5. When the platform’s recommended wallet receives your cryptos, you will get your desired crypto coins to your designated wallet.

Although, the entire process takes about 10-15 minutes to complete, depending upon the blockchain’s network. But if you do not see your desired cryptos in your wallet after few hours, you can contact the platform’s help desk.

ChangeNow: Essential Features

ChangeNow is a quite popular, innovative, and user-friendly platform that enables its clientele to carry out their tradings with the help of its exciting features. Following are some of its important features.

Non-Custodial Exchange

Much like Changelly and Shapeshift exchanges, being a non-custodial exchange, ChangeNow does not hold your cryptos at all; instead, it enables you to swap your digital assets with other cryptos without the need to deposit them on the forum. Indeed an excellent feature that reduces security risks as your funds always remain secure in your wallet.

Large Variety of Cryptocurrencies and Trading Pairs

Users have the option of over 200 cryptocurrencies and more than 1300 trading pairs on ChangeNow to swap their cryptos. This is great as it keeps you from performing multiple swaps, a significant problem that you usually face on custodial exchanges.

Swift and Smooth Interface experience without AML and KYC checks

The ChangeNow platform allows its clientele to exchange their digital assets without the requirement of opening an account or performing any KYC (Know-Your-Customer) and AML (Anti-Money-Laundering) forms unless your transactions seem something doubtful or fishy.

Facilitates buying Cryptos via your Bank’s card

The platform is also a great option to purchase digital assets using your bank’s card. Using your MasterCard or VISA cards, you can buy any cryptocurrency the platform supports. The Platform carries out this process with the help of its partner, Simplex. ChangeNow allows USD, AUD, NZD, EUR, JPY, GBP, and many more fiat currencies.

Facilitates Limitless Swaps

Per ChangeNow claims, “The swap limits are lame,” which is an entirely accurate statement. Hence, to support its mantra, the exchange does not put any limit on swapping your cryptocurrencies. You can trade your digital assets as much as you want. ChangeNow in this regard sets no upper or lower limit.

Multiple Languages

To convene its diverse clientele, the exchange supports various commonly spoken languages, such as English, Chinese, French, Russian, Japanese, German, etc.

Partner Exchanges

Up until now, ChangeNow has been successfully partnering with various popular exchanges, such as Binance, Huobi, BitFinex, OKEx. With these exchanges’ help, ChangeNow ensures that its clientele should get the best exchange rate in the market.

Referral Program

Like many other crypto platforms in the arena, the ChangeNow exchange also rewards its community through its affiliate program. Besides this, if you successfully lure your social friends to the forum, the platform will reward you then as well. You can earn 0.4% of your referee’s initial trade.

Buy Cryptocurrency Via Debit/Credit Card

If you want to purchase cryptocurrency using your Debit or Credit card, ChangeNow can help you in this regard. ChangeNow accepts various fiat currencies such as USD, GBP, NZD, JPY, GBP, EUR, AUD for purchasing cryptos on the platform. If you want to buy cryptocurrencies via your bank’s credit or debit card, you need to follow the following steps:

  1. Select the currency with which you want to buy cryptocurrency. (e.g., USD or GBP).
  2. Put in the amount you want to use to purchase crypto. Also, select your desired cryptocurrency.
  3. At this point, the ChangeNow platform will do its work and will provide you detail about your desired crypto with the best price in the market.
  4. Review all the details, like how many coins you will receive and at which price.
  5. At this stage, you will need to provide your wallet address and email address.
  6. Put in your card’s details. (i.e., Mastercard or VISA).
  7. Go through the Simplex verification procedure and provide your identification documents such as your national ID or Passport. The platform only requires the last 4 digits and name on your card. Complete verification is only needed for the users living in Israel and UK.

Swap Cryptocurrency on ChangeNOW

If you want to swap crypto on the ChangeNOW platform, the process is quick and simple. ChangeNOW has over 200 coins available for trading and 1300 different trading pairs.

ChangeNOW Review: Best Cryptocurrency Exchange For All Your Trading Needs? 1

Type in the amount of crypto you want to swap (or sell) and the select from existing cryptocurrencies. Following this, type in the amount of new crypto that you wish to buy then hit submit.

The amount you receive will vary depending on the rate you choose. To proceed to the next step, click on ‘Exchange’.

At this point, the transaction details that you first entered will appear again. You can review and modify them as necessary or you can enter in an address to send the cryptocurrency that you are about to purchase. Sending it to your hardware wallet is recommended and so a good address should be provided below:

ChangeNOW Review: Best Cryptocurrency Exchange For All Your Trading Needs? 2

Ensure you have the correct wallet address before ordering so you can receive your cryptocurrency.

ChangeNOW Review: Best Cryptocurrency Exchange For All Your Trading Needs? 3

The last step is to deposit the cryptocurrency you want to sell (swap) in the designated address.

When you make a payment, ChangeNOW will send the corresponding cryptocurrency to your designated wallet in about 5-10 minutes. Orders can take longer depending on the load of the blockchain network.

ChangeNOW Review: Best Cryptocurrency Exchange For All Your Trading Needs? 4

ChangeNOW: How much does it charge?

It is a good practice to evaluate the exchange fees before deciding which cryptocurrency exchange you should use. This practice could save you from high conversion costs, especially while swapping a considerable amount of crypto to another crypto (e.g., 50 BTC-ETH).

The price range on the ChangeNow exchange is relatively lower than many other cryptocurrency exchanges in the arena. The exchange platform offers its clientele to swap their digital assets against fees ranging from 0.5% to 4%. This range depends on whether you select a fixed or classic exchange rate while making the swap order.

  • Fixed Rate: If you opt for the fixed rate, you will be paying the exact conversion fee the platform asks when making a swap order, disregarding the total time the swap takes to complete. At this rate, you will be, however, paying the spread to get a specific rate.
  • Classic Rate: Opting for this rate means that the asking rate may change(increase/decrease) depending on the market. In other words, during the swap process, if the price of the crypto you are exchanging appreciates or depreciates, you will be receiving more or less than what you expected in the beginning.

Deposit & Withdrawal Fees

As said above, ChangeNOW is a non-custodial cryptocurrency exchange, meaning at no point, the platform holds your digital assets. So, there are no deposit or withdrawal charges. However, a user needs to pay a minimum network fee which the blockchain determines. The network fee fluctuates based on the network’s load and the crypto coin.

Debit & Credit Card Fees

While purchasing digital assets via debit or credit cards, you need to pay an additional price of 5% on top of ChangeNow’s fee. This means that buying crypto using ChangeNow is going to cost you considerably.

How Secure is ChangeNOW?

Being a non-custodial cryptocurrency exchange, i.e., it does not deal with your digital funds, neither is it mandatory to register with the platform to perform your desire swaps. Because of this reason only, the web portal of the platform does not employ necessary security features such as 2FA or IP monitoring which many other exchanges use. Considering the above facts, ChangeNow is widely known as a much more secure platform than most centralized cryptocurrency exchanges in the crypto sphere.

Having said that, the onus of the crypto funds’ safety is on the users’ end, and for that matter, they should do proper research before choosing a crypto wallet. Because through ChangeNow, every swap order that users make involves their wallets, i.e., their funds go to and from there itself. According to the platform, this feature only is one of their more tremendous advantages. Not having their clientele’s details keeps them from worrying about the assets’ safety and focuses more on making the user experience smoother.

Is ChangeNOW Safe?

If you’re looking for a reliable cryptocurrency exchange, ChangeNOW is non-custodial and has both up-to-date security features against theft and fraud, as well as early warning systems to protect its users from suspicious activity.

Countries Allowed/Restricted

ChangeNOW supports customers around the world, including Canada, Australia, and the EU. But there are some limitations. Here are some restricted countries from using ChangeNOW.

Cuba, Iran, North Korea, USA, Crimea, Sudan, Syria, Bangladesh, Bolivia.

Pros and Cons

Pros:

  • Simple and easy-to-use interface
  • Non-Custodial Cryptocurrency Exchange
  • Set up a reliable partnership network
  • No KYC or AML checks
  • Supports over 200 cryptos and 1300 trading pairs
  • It does not allow selling crypto-to-fiat

Cons:

  • Swapping cryptos speed depends on the Blockchain Network.
  • High credit card surcharge

ChangeNOW Compared

ChangeNOW Review: Best Cryptocurrency Exchange For All Your Trading Needs? 5

Changelly

Fees: 0.25%

Rating:

ChangeNOW Review: Best Cryptocurrency Exchange For All Your Trading Needs? 6

ChangeNOW Review: Best Cryptocurrency Exchange For All Your Trading Needs? 7

ChangeNOW

Fees: 0.5% – 1.5%

Rating:

ChangeNOW Review: Best Cryptocurrency Exchange For All Your Trading Needs? 6

ChangeNOW Review Final Verdict

ChangeNow is an excellent platform to use if you want to swap your cryptocurrency. It is fast, easy, and convenient, as it does not require any account identification or verification process.

This makes it a perfect choice for those looking for a quick way of converting their digital assets into another type of coin, irrespective of their experience level in the crypto world.

On TrustPilot, there are over 350 positive reviews about the ChangeNow services and features and scores an impressive 4.5 ratings mark out of 5.

With this being said, bear in mind purchasing crypto coins via your credit card might be too expensive using ChangeNow’s services. 

You may be interested to see other crypto exchanges that accept credit card. 

Waqas Sattar
Waqas is a professional journalist and crypto writer. A graduate of computer science, Waqas is highly interested in the intersection of global governance & the decentralized world.