ChangeNOW Overview

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Introducing ChangeNOW

ChangeNOW is a non-custodial exchange services for fast and limitless coin conversions. It is a platform that will give opportunity to the users to exchange cryptocurrencies without any registration. ChangeNOW is a simple and fast exchanger. You do not need to register, and the exchange will have no limits. ChangeNOW is fast growing, they support over 150 coins!

Benefits

  • The processing speed ranges from about five to twenty minutes, depending on how long it takes for a block to happen in the network. Most orders process in just a few minutes. If the transaction is large (more than 1 BTC), the processing may take a little longer, depending on the size of your transaction and capacity of the block.
  • There are no limits for cryptocurrency exchanges on ChangeNow. However for the transaction to be carried out, the fee is charged by the blockchain itself. The amount sent must be sufficient to cover all the blockchain fees.
  • The ChangeNOW system is integrated into more than 10 cryptocurrency trading platforms, including Poloniex and Bittrex.
  • You can store your own particular digital currency in return or purchase cryptography with your Visa or Mastercard.

TOKEN INFORMATION

NOW token is the 1st token made by a non-custodial exchange service! It will be an internal currency within crypto exchange service ChangeNOW. 
Also,Will be in use for coins listing payments.

NOW will be launched on the Ethereum blockchain using ERC20 standard. The team consider moving ChangeNOW Token to EOS network after the launch of its mainnet. Providing 1:1 ratio for ERC20 token holders.
A strict limit of 200MM NOW will be created with no possibility to increase the limit.

Private Pre-sale Price 1 NOW = 0.2 USD

NOW tokens will never be on crowdsale, so use your chance to get them by joining in the bounty campaign! The rules are here changenow.io/bounty

Exchange listing will be in August, 2018

In conclusion

With the recent exchange hacks and growing privacy concerns, non-custodial exchanges are a good alternative to security and privacy focused crypto users. I have used many crypto exchanges during last 3 years. Honestly, for people making their first steps into crypto, ChangeNOW seems like a good match. Very easy to buy/sell and useful comparisons between rates of different exchanges. The project promises to remain honest with its customers by ensuring it doesn’t charge them extra or hidden charges. However, all this will depend on transaction volume with larger transactions taking a little longer than the smaller ones.

Best Cryptocurrency Exchanges

Your first step into the cryptocurrency world will most likely occur through an exchange. Depending on what cryptocurrency you are trying to obtain, you will need to use certain exchanges. Each exchange has different pros and cons, so the best exchange for one person, might not be the best for another.

You should consider a number of things when determining the best Bitcoin/cryptocurrency exchange for YOU:

  • How safe is the website and server? Secure exchanges are better.
  • How is the liquidity? The higher the exchange’s volume, the better.
  • What are the exchanges fees? The lower the better.
  • How is the exchanges customer support?
  • What trading pairs are available?
  • How many different payment options does it have?
  • Is the exchange beginner friendly?

Here’s some information on a popular non-custodial cryptocurrency exchange

 

ChangeNOW is a non-custodial exchange on the market which allows you to explore the services without verifying your identity. This means that during registration no personal details need to be provided. Most of the cases you just need to provide an email and a password and you can trade instantly.

There can be several reasons why a user wants to avoid exposing personal information on a regular cryptocurrency exchange. For instance, Users can hide their credentials so no authorities, be it government or tax authority will be able to see their investments, profits and losses in bitcoins. It is also possible that you just do not trust the platform enough to provide your credentials to the owner of the site. Other people then just want to hide proceeds from various people, such as creditors, employees or even spouses for various personal reasons.

On the other side, the verification process also includes providing documents to prove your identity in a form of a photo ID and prove your residence. Validating this information may take longer. While you can start trading right away as you do not have to wait until the verification process goes through approval at the platform..

Advantages

  • Control: When using a custodial exchange, your funds exist on a virtual account owned by the exchange. Provided the exchange actually has the reserves to back their stated volumes (not guaranteed), the funds will usually be stored in non-segregated hot wallets belonging to that exchange. In essence, a third party entity holds your coins. What happens if an exchange suddenly goes out of business due to a hack, mismanagement or any other reason? Yep, you probably lose your coins. This already happened many times before (Mt. Gox, BTCe…) and will happen again. With ChangeNOW exchanges, you hold your own coins in your own wallets. The only time the exchange holds your coins is during a short transfer window (For us at ChangeNow it takes no more than a five minutes). Your coins spend the rest of the transactions on their respective blockchains before they land safely in your private wallet.
  • Security. By retaining complete control over your wallets, you are solely responsible for securing your funds. If you are an experienced crypto user, this could be a very good thing. Big exchanges are often under attack, and are sometimes successfully hacked. As a small and smart target, you are unlikely to be singled out, and if you take the necessary precautions, unlikely to be hacked.

ChangeNOW has a very simple user interface, making it easy for beginners to successfully invest in cryptocurrency.

For More details :

Website: https://changenow.io
Twitter: https://twitter.com/ChangeNOW_io

About Kim Ha-eun

나는 투자자에게 해독 성을 가르친다. ICO에 대한 평가와 분석을하기 위해 시간을 보낸다.
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