Last update: Apr 15, 2022

ChangeNOW Review

Crypto confusion is a thing of the past with ChangeNOW, a company unlike any other. They don’t expect their users to set up an account with them or sign in before making any transactions. Additionally, the team believes in helping each customer make the most informed decisions. Our ChangeNOW review will closely examine how this crypto company will evolve your trading game.

  • ChangeNOW

    1. Operating Since 2017
    2. Currencies Supported 350+ cryptocurrencies
    3. Fees Varies
    4. Deposit Methods Credit and debit cards
    5. Fiat Currencies Yes
    6. Verification Methods KYC
    7. Margin Trading No
    8. Futures Trading No

About ChangeNOW

Back in 2017, the CHN Group created ChangeNOW, a branch of their company dedicated to allowing users to swap currencies securely and conveniently. As part of their convenience tactics, they ensured no user would have to register for a ChangeNOW account to use their crypto services.

Instead, this top crypto exchange platform simply prompts users to select their preferred cryptocurrency, link their wallet address where ChangeNOW can send the electronic amount, and use available features to make the process painless. Features include “You Send,” where you indicate the amount you want to transfer or trade, and “You Get,” where you choose the cryptocurrency you expect to receive.

Each time you make a cryptocurrency exchange, choose from over 350 crypto options available on ChangeNOW, including Litecoin, Bitcoin, Tezos, EOS, Monero, and Ethereum. Depending on which cryptocurrency or how much of it you want to sell, ChangeNOW will scan other platforms to find you the best deal. If you’re content with how much of another cryptocurrency the platform will give for your current currency, click “Exchange.”

When prompted, enter your wallet address so you can receive your funds. Then, click “Next” and “Confirm” to finalize your transaction. ChangeNOW reviews also applaud the company’s ability to make choosing and creating a wallet effortless by visiting their “What Crypto Wallet to Choose?” page.

ChangeNOW’s Leading Cryptocurrencies and Trading Pairs

With more than 350 cryptocurrencies available on ChangeNOW, this first-rate exchange service simplifies the exchange process by providing over 70,000 trading pairs. A wide variety of trading pairs allows users to trade in one cryptocurrency for another with one swap. Other platforms with fewer pairs, on the other hand, require users to continuously swap valid pairs of currency until they receive their desired one.

What’s more, other platforms charge per swap, profiting from their lack of trading pairs. ChangeNOW guarantees you’ll find a direct swap between most major cryptocurrencies, saving you money.

ChangeNOW also partners with Simplex, which permits you to use your credit or debit card to invest in any cryptocurrency in as little as two minutes. You can also use cash or coins in any fiat currency below:

  • US Dollar
  • Canadian Dollar
  • Australian Dollar
  • New Zealand Dollar
  • Russian Ruble
  • Euro
  • Japanese Yen
  • British Pound Sterling
  • Swiss Françoise
  • Czech Koruna
  • Danish Krone
  • Norwegian Krone
  • Swedish Krona
  • Polish Złoty
  • Turkish Lira
  • Hungarian Forint
  • South Korean Won
  • South African Rand
  • Israeli New Shekel

NOW Tokens, ChangeNOW’s Very Own Cryptocurrency

While this platform works with most major cryptocurrencies, the trendsetting ChangeNOW company decided to add their own NOW Token to the list, making ChangeNOW the first exchange platform to have its own currency. Since 2018, ChangeNOW users have used over 200 million of the NOW Tokens to pay for and get better deals on the platform’s services and products. These utility tokens also allow users to obtain rewards and access ChangeNOW’s customer support team at any time.

Anyone affiliated with ChangeNOW—from customers to developers—earn, trade, buy, and sell NOW Tokens, which the company distributes in two blockchains (Ethereum and Binance).

Some of this cryptocurrency exchange’s distribution patterns include giving 24 million NOW Tokens to project marketing, advisors, and developers each. About 28 million tokens have been set aside for the founding team bonus and 60 million for customer and affiliate gradual airdrops. Finally, risk prevention reserve funds and private investors have gained 20 million utility tokens each.

Positive ChangeNOW reviews have led the platform to consider launching NOW Token Stalking, where users who own NOW Tokens will reap further benefits from the company. Since this exchange anticipates high demand for their tokens in the near future, they’ll provide larger rewards for holders who retain this form of cryptocurrency longer than other holders.

The Costs and Limitations of Using ChangeNOW

Even if you don’t currently own any NOW Tokens, platform users still benefit when buying and selling cryptocurrency on ChangeNOW. Without deposit and withdrawal fees, users must pay for services only when making exchanges. These network fees come in two different rates: classic and fixed exchange.

Classic Exchange Rate

The classic rate of exchange heavily depends on the rapid changes of the market. When the market prices rise, the exchange rate transcends, and vice versa. The exchange rate also factors in network congestion. Regardless, ChangeNOW works to find the best rate at any given time.

Fixed Exchange Rate

The fixed rate of exchange lets ChangeNOW users have a steadfast exchange rate that doesn’t sway with the market or pivot on network congestion. There’s also no limit to how much crypto you can purchase. However, using a credit or debit card with Simplex requires a $50 minimum, and you’ll be subject to higher 5% processing fees and 1% blockchain fee.

Should You Trust ChangeNOW?

ChangeNOW reviews show that users trust ChangeNOW with their information more than other non-custodial exchange platforms. While non-custodial platforms mean you have sole control over your buying, selling, and exchanging processes without platform interference, it also means the company isn’t protecting your assets.

However, accounts don’t require users to sign in, and, therefore, ChangeNOW doesn’t store your credit or debit card numbers or other personal information. Hence, although ChangeNOW lacks extra security precautions like two-factor authentication, there’s nothing for site hackers to steal.

Since ChangeNOW stores none of your information or funds, the team urges users to find a quality third-party wallet to secure their funds.

The Pros of Using ChangeNOW

  • Allows you to buy, sell, and exchange over 350 different cryptocurrencies
  • Contains over 70,000 trading pairs for easier exchanges
  • Accepts 19 different fiat currencies
  • Accepts credit and debit cards with Simplex with a small charge
  • Requires no signup or sign in
  • Calculates the best current rates of exchange, giving you the top deals
  • Doesn’t limit your buy, sell, or exchange amounts
  • Features simple web design and navigation (user-friendly for beginners and long-time traders alike)
  • Offers quick two-minute processing times (other platforms may take over half an hour per action)
  • Allows you to use any number of reliable crypto wallets, including Ledger, Trust Wallet, and Atomic Wallet

The Cons of Using ChangeNOW

  • Partners with Simplex, which requires a $50 debit or credit card minimum; however, ChangeNOW doesn’t limit how much you can buy, sell, or exchange
  • Supports 19 different fiat currencies, but some other exchanges offer even more options
  • Acts as a non-custodial service, which many users may not trust due to a lack of security
  • Charges higher fees for the user due when dealing with large or frequent trades


Is there a mobile option for ChangeNOW?

Yes; you can now download the ChangeNOW app on either iOS or Android via the Apple Store or Google Play Store, respectively. Unfortunately, two main features are currently missing from the mobile versions, which you can access on the desktop app or website:

  • Turning fiat currencies into crypto
  • Transaction overviews

Can I access ChangeNOW from where I live?

ChangeNOW is rapidly rising in the ranks, as our ChangeNOW review has shown. Therefore, users from almost all parts of the world have access to this platform. However, the following areas have yet to gain access:

  • The United States
  • Syria
  • Guam
  • Puerto Rico
  • North Korea
  • Iran
  • Bangladesh
  • Northern Mariana Islands
  • Bolivia
  • Sudan
  • Samoa
  • Cuba
  • The Virgin Islands

Do I need a crypto wallet before making transactions on ChangeNOW?

Since ChangeNOW is a non-custodial platform, they do not hold your personal information or assets. That means they will not provide a wallet of their own for you to use when making transactions. However, they provide all users with a “What Crypto Wallet to Choose?” page where they relay their picks for top third-party wallets.

They’ll also tell you how to create the wallet before making ChangeNOW transitions. Once you’ve done so, you’re ready to make transactions. The transactions will prompt you to enter your crypto wallet address before completing your process.

Is there a KYC procedure?

In recent years, the government has heavily enforced the KYC, or ‘know your client’ procedure. Consequently, ChangeNOW has implemented this regulation into its services to deter fraud and other threats. Taking precautions, the system will email any user they suspect of fraudulent activity.

If a user receives this email, they must submit a KYC consisting of a government-issued ID, clear photo, proof of fund ownership, and a dated selfie containing the “ChangeNOW” sign. Refusing to submit this form will result in a refund.

Why Choose ChangeNOW

Amidst a world of unique traders, ChangeNOW sought to provide a simple way to trade more options. Therefore, the team at ChangeNOW chose a decentralized cryptocurrency exchange requiring no third-party intervention for all traders seeking to avoid aggravating security and verification processes and constantly changing rules. Decentralized cryptocurrency exchanges also keep users under the radar no matter how large a transaction they make.

Furthermore, decentralized cryptocurrency exchanges like ChangeNOW prioritize their users by allowing them full control over their assets at all times while also dramatically limiting the number of fees each user encounters. Unlike centralized cryptocurrency exchanges that habitually charge a fee for each transaction, ChangeNOW charges only for exchanges between digital currencies.

When you’re ready to see how ChangeNOW can change your cryptocurrency buying, selling, and exchanging game, begin by linking your bank account to the ChangeNOW platform. Once you’ve done so, make deposits with your debit or credit card. While Simplex may charge you 5 – 6% for card use, this minimal fee is nothing compared to how much you’ll save with the below-average fees within the ChangeNOW app.

author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.