changeNOW review & 1 testimonial for changenow.io (03.2023)
- Overview: is changeNOW safe?
- Pros & Cons of changeNOW
- Services, changeNOW Provides
- Currencies & Payment Systems
- changeNOW fees
- Buying and selling limits
- Supported countries
- Customer service
- Verification at changeNOW
- Deposit/withdrawal speed
- Customers' testimonials
- FAQ about changeNOW
- changeNOW vs other exchanges
- Conclusion: is changeNOW legit or scam?
What is changeNOW in a nutshell? It's maybe not the most popular, yet rather an aged exchange service (broker) working with 37 cryptocurrencies: you can exchange one crypto into another here. Exchange service started the business Sep 2017, it serves the clients for a few years.
This Broker
welcomes customers from
238
countries
(unfortunately, your country: United States
is not supported at the moment;
but there are good alternatives)!
Due to regulatory restrictions, US citizens and residents are not served by the exchange.
Unfortunately we couldn't yet collect enough data about the order processing speed from the actual customers,
although according to the information from the exchange itself, order processing is automated and should be instant.
Depending on the order details, you may need to verify your account
Based on all these facts, our verdict is the following: changeNOW is a promising, although not yet reviewed much by our visitors place to exchange cryptocurrencies, an interesting exchange that we believe will get some nice feedback pronto!
Overview: is changeNOW safe?
changeNOW is the Broker; CHN Group Limited (dba changeNOW) started the business in September 2017. The company is based in the Seychelles with the headquarters located in the Providence, Mahé. Official changeNOW address is Global Gateway 8, Rue de la Perle.
ChangeNOW was founded by Roman Lapin, Petr Sergeev. changeNOW CEO is Roman Lapin.
The platform also offers the "NOW" token, utilizing both the Ethereum Network (ERC-20) and the Binance Chain (BEP-2). NOW is an utility token for the "NOW" products system. Besides the Exchange, there are several services available: listing opportunities, marketing, airdrop platform etc. for the crypto-businesses. Token holders earn interest while Staking.
Answering the question how safe is changeNOW:
We are sorry, our platform has't yet collected enough data, but you can help! We know fairly much about this Broker (please continue reading), but our policies require to collect more testimonials from the users of changeNOW to draw a conclusion. Do you have any experience dealing with this service? Please add your feedback, this will be a great help! Or maybe you know someone who does? Kindly ask him/her to tell us about it here! We really appreciate your participation.Pros & Cons of changeNOW
Although changeNOW is not yet rated by our visitors, common sense tells us it should have both strong sides and some downsides. Let's check it out:
- Broker operates for a long time, service was started 2017.09.
- Almost all the countries in the world are welcomed here! Feel free to check if your country is allowed to register an account.
- Changenow doesn't hold the clients funds, delivering the funds directly to your wallet.
- Brokers are less regulated exchanges, you are basically on your own if you have problems with such a service.
Seems that there are not so many cons, but a lot of pros. We hope you will enjoy your experience exchanging at changeNOW! Try changeNOW today and let us know how you like it!
Services, changeNOW Provides
The platform provides the following cryptocurrency exchange-related services:
- Helps you to exchange one crypto to another
As we can see, changeNOW doesn't provide any services besides the cryptocurrency exchange, althought it's definitely not a bad thing; after all, we came here for the crypto exchange, right?
Currencies & Payment Systems
ChangeNOW provides the service of exchanging 37 digital currencies one into another. The following cryptocurrencies are available to swap: Aave (AAVE), Cardano (ADA), Binance Coin (BNB), Bitcoin (BTC), Bitcoin Gold (BTG), MakerDAO (DAI), Dash (DASH), Dogecoin (DOGE), Polkadot (DOT), Ether Classic (ETC), Ether (ETH), Filecoin (FIL), ICON (ICX), Komodo (KMD), Chainlink (LINK), Litecoin (LTC), Polygon (MATIC), NEO (NEO), OmiseGO (OMG), Augur (REP), SKALE (SKL), Solana (SOL), Theta Network (THETA), The Open Network (TON), TRON (TRX), TrueUSD (TUSD), Uniswap (UNI), USD Coin (USDC), Tether (USDT), VeChain (VET), Waves (WAVES), Wrapped Bitcoin (WBTC), Stellar (XLM), Monero (XMR), Ripple (XRP), Zcash (ZEC), 0x (ZRX).
There are not much exchanges with so many cryptos supported! If you are not sure, which one of these electronic currencies you are most interested in, you are welcome to read our guides. For example, these: 3 biggest cryptocurrencies to invest in 2024.
changeNOW fees
The fees you need to pay at this broker during the process of cryptocurrencies exchange are easier to understand if you break it down like that:
- Exchange markup. ChangeNOW charges small fee for any exchange. It's usually a little percentage (less than 1 percent, etc.) and the number depends on the cryptocurrencies pair. Feel free to see by yourself at the website!
Buying and selling limits
In fact, there are no limits on crypto-to-crypto swaps here, at changeNOW. You can exchange almost any amount, big or small. Nice!
Supported countries
Platform allows the users from 238 countries to use the exchange. The following countries are supported by the broker:
- Afghanistan (AF)
- Aland Islands (AX)
- Albania (AL)
- Algeria (DZ)
- Andorra (AD)
- Angola (AO)
- Anguilla (AI)
- Antarctica (AQ)
- Antigua & Barbuda (AG)
- Argentina (AR)
- Armenia (AM)
- Aruba (AW)
- Ascension Island (AC)
- Australia (AU)
- Austria (AT)
- Azerbaijan (AZ)
- Bahamas (BS)
- Bahrain (BH)
- Barbados (BB)
- Belarus (BY)
- Belgium (BE)
- Belize (BZ)
- Benin (BJ)
- Bermuda (BM)
- Bhutan (BT)
- Bosnia & Herzegovina (BA)
- Botswana (BW)
- Bouvet Island (BV)
- Brazil (BR)
- British Indian Ocean Territory (IO)
- British Virgin Islands (VG)
- Brunei (BN)
- Bulgaria (BG)
- Burkina Faso (BF)
- Burundi (BI)
- Cambodia (KH)
- Cameroon (CM)
- Canada (CA)
- Canary Islands (IC)
- Cape Verde (CV)
- Caribbean Netherlands (BQ)
- Cayman Islands (KY)
- Central African Republic (CF)
- Ceuta & Melilla (EA)
- Chad (TD)
- Chile (CL)
- China (CN)
- Christmas Island (CX)
- Cocos (Keeling) Islands (CC)
- Colombia (CO)
- Comoros (KM)
- Congo - Brazzaville (CG)
- Congo - Kinshasa (CD)
- Cook Islands (CK)
- Costa Rica (CR)
- Côte d’Ivoire (CI)
- Croatia (HR)
- Curaçao (CW)
- Cyprus (CY)
- Czech Republic (CZ)
- Denmark (DK)
- Diego Garcia (DG)
- Djibouti (DJ)
- Dominica (DM)
- Dominican Republic (DO)
- Ecuador (EC)
- Egypt (EG)
- El Salvador (SV)
- Equatorial Guinea (GQ)
- Eritrea (ER)
- Estonia (EE)
- Ethiopia (ET)
- Falkland Islands (FK)
- Faroe Islands (FO)
- Fiji (FJ)
- Finland (FI)
- France (FR)
- French Guiana (GF)
- French Polynesia (PF)
- French Southern Territories (TF)
- Gabon (GA)
- Gambia (GM)
- Georgia (GE)
- Germany (DE)
- Ghana (GH)
- Gibraltar (GI)
- Greece (GR)
- Greenland (GL)
- Grenada (GD)
- Guadeloupe (GP)
- Guatemala (GT)
- Guernsey (GG)
- Guinea (GN)
- Guinea-Bissau (GW)
- Guyana (GY)
- Haiti (HT)
- Heard Island and McDonald Islands (HM)
- Honduras (HN)
- Hong Kong SAR China (HK)
- Hungary (HU)
- Iceland (IS)
- India (IN)
- Indonesia (ID)
- Iraq (IQ)
- Ireland (IE)
- Isle of Man (IM)
- Israel (IL)
- Italy (IT)
- Jamaica (JM)
- Japan (JP)
- Jersey (JE)
- Jordan (JO)
- Kazakhstan (KZ)
- Kenya (KE)
- Kiribati (KI)
- Kosovo (XK)
- Kuwait (KW)
- Kyrgyzstan (KG)
- Laos (LA)
- Latvia (LV)
- Lebanon (LB)
- Lesotho (LS)
- Liberia (LR)
- Libya (LY)
- Liechtenstein (LI)
- Lithuania (LT)
- Luxembourg (LU)
- Macau SAR China (MO)
- Macedonia (MK)
- Madagascar (MG)
- Malawi (MW)
- Malaysia (MY)
- Maldives (MV)
- Mali (ML)
- Malta (MT)
- Marshall Islands (MH)
- Martinique (MQ)
- Mauritania (MR)
- Mauritius (MU)
- Mayotte (YT)
- Mexico (MX)
- Micronesia (FM)
- Moldova (MD)
- Monaco (MC)
- Mongolia (MN)
- Montenegro (ME)
- Montserrat (MS)
- Morocco (MA)
- Mozambique (MZ)
- Namibia (NA)
- Nauru (NR)
- Nepal (NP)
- Netherlands (NL)
- New Caledonia (NC)
- New Zealand (NZ)
- Nicaragua (NI)
- Niger (NE)
- Nigeria (NG)
- Niue (NU)
- Norfolk Island (NF)
- Norway (NO)
- Oman (OM)
- Pakistan (PK)
- Palau (PW)
- Palestinian Territories (PS)
- Panama (PA)
- Papua New Guinea (PG)
- Paraguay (PY)
- Peru (PE)
- Philippines (PH)
- Pitcairn Islands (PN)
- Poland (PL)
- Portugal (PT)
- Qatar (QA)
- Réunion (RE)
- Romania (RO)
- Russia (RU)
- Rwanda (RW)
- Samoa (WS)
- San Marino (SM)
- São Tomé & Príncipe (ST)
- Saudi Arabia (SA)
- Senegal (SN)
- Serbia (RS)
- Seychelles (SC)
- Sierra Leone (SL)
- Singapore (SG)
- Sint Maarten (SX)
- Slovakia (SK)
- Slovenia (SI)
- Solomon Islands (SB)
- South Africa (ZA)
- South Georgia & South Sandwich Islands (GS)
- South Korea (KR)
- South Sudan (SS)
- Spain (ES)
- Sri Lanka (LK)
- St. Barthélemy (BL)
- St. Helena (SH)
- St. Kitts & Nevis (KN)
- St. Lucia (LC)
- St. Martin (MF)
- St. Pierre & Miquelon (PM)
- St. Vincent & Grenadines (VC)
- Suriname (SR)
- Svalbard & Jan Mayen (SJ)
- Swaziland (SZ)
- Sweden (SE)
- Switzerland (CH)
- Taiwan (TW)
- Tajikistan (TJ)
- Tanzania (TZ)
- Thailand (TH)
- Timor-Leste (TL)
- Togo (TG)
- Tokelau (TK)
- Tonga (TO)
- Trinidad & Tobago (TT)
- Tristan da Cunha (TA)
- Tunisia (TN)
- Turkey (TR)
- Turkmenistan (TM)
- Turks & Caicos Islands (TC)
- Tuvalu (TV)
- Uganda (UG)
- Ukraine (UA)
- United Arab Emirates (AE)
- United Kingdom (GB)
- Uruguay (UY)
- U.S. Outlying Islands (UM)
- Uzbekistan (UZ)
- Vanuatu (VU)
- Vatican City (VA)
- Venezuela (VE)
- Vietnam (VN)
- Wallis & Futuna (WF)
- Western Sahara (EH)
- Zambia (ZM)
Does changeNOW allow the users from United States (US)?
Sorry, but the changenow.io can't provide the services to the citizens and residents of the United States of America at this time, due to the local regulations and licensing matters, etc. But there are no reasons to get disappointed because of that, there are plenty of great exchanges as well as the ones of Broker type, who warmly welcomes the American people! We can recommend you look at these:
Customer service
Verification at changeNOW
The changenow.io may require the customers to pass through the user identification (account verification) process. The following procedures should be completed if you desire to buy or sell the cryptos using fiat money here:
- ID verification
- Phone confirmation
- Selfie
Note that the verification is only required for the exchanges with fiat currencies (i.e. buying and selling digital currencies)! Verification is done automatically. You'll need a phone or laptop with webcam for the "selfie" part; actually it's a face scan.
According to the customers surveys results, the average time to verify an account at changeNOW is the following:
Sorry, we haven't yet collected enough data. Do you know, how fast broker does account verification? Kindly let us know, too. Thank you very much!
Deposit/withdrawal speed
ChangeNOW processes the orders automatically, that's definitely a good thing and the process should take no time. Although we know that some exchanges require various forms of staff approval, etc. for the specific orders; such ones generally take longer. Even fully automated platforms sometimes delay the funds delivery, so if you know that it's the case here at this broker, let us and the community know about it, please!
Is changeNOW instant?
So, what can we see? In accordance with the data we know about the changenow.io, orders at changeNOW should be instant. Although we don't have enough information about the order delivery speed from actual customers yet, sorry.
Customers' testimonials
There are currently no users testimonials about the changeNOW. Do you have any experience using this broker? If you do, please say a couple of words about it!
FAQ about changeNOW
Does changeNOW holds my funds?
It does not! One of the best things dealing with the brokers is that unlike most of other exchanges, such businesses instantly deliver your funds to your own wallet after the payment clearance.
Is changeNOW a good broker?
Although we have not enough users' reviews yet, we analyzed the information we have. Feel free to get acquainted with the details reading this review or just jump to the conclusion!
Is changeNOW licensed? Does it hold e-money license?
It is not, although seems that such business model complies with the regulation in changeNOW home country.
Is changeNOW a ripoff?
It is not a ripoff, although we have not rated changeNOW yet due to lack of user testimonials, it complies with our standards. Feel free to read the whole this review to understand why or check our conclusion: is changeNOW legit or scam.
changeNOW vs other exchanges
Let's compare changenow.io to other similar exchange services with more or less the same features: others of broker type mostly. Besides, seems reasonable to compare the platform with the exchanges having similar rating and serving (mostly) the same geographic, etc. Remember that if you wish to find the exchange offering the best price to buy/sell Bitcoin and 50 other cryptos, check the best rates to buy bitcoin and crypto in United States!
changeNOW vs TransCoin
Let's compare the key features of these two platforms to see which one suits you best:
- TransCoin is a broker changeNOW is a broker, both are using the same business model.
- TransCoin had started the business May 2018 changeNOW started the business September 2017 (changeNOW operates 8 months longer).
- transcoin.me has all the required business licenses and permissions changeNOW is an ordinary company without licenses, etc. (TransCoin's business model is more stable and safer for clients).
- TransCoin supports 1 cryptocurrency changeNOW allows to swap 37 cryptos (changeNOW additionally works with 36 added cryptocurrencies/tokens).
- TransCoin allows registrations from 255 countries; United States is among the supported ones You may register at changeNOW if you reside in one of 238 countries; unfortunately, United States is not among the supported ones (changeNOW supports less countries).
- During the account verification TransCoin usually asks for some (it depends) documents and/or procedures User identification at changeNOW usually consists of 3 different procedures: id verification, phone confirmation, selfie (changeNOW's compliance program forces a client to take more actions or to provide more data).
Although the final decision, which exchange — TransCoin or changeNOW — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you look at the list above and decide, what is most important for you!
If you feel like need more comparison versus other exchanges, feel free to check these:
changeNOW vs WMexpress
Let's compare the key features of these two platforms to see which one suits you best:
- WMexpress is a broker changeNOW is a broker, both are using the same business model.
- WMexpress had started the business August 2015 changeNOW started the business September 2017 (wm.express is working for 2 years and 0 months longer time).
- wm.express operates without a business registration or there is no information available about it changeNOW is an ordinary company without licenses, etc. (changeNOW utilizes a safer and more stable business model).
- WMexpress allows registrations from 255 countries; United States is among the supported ones You may register at changeNOW if you reside in one of 238 countries; unfortunately, United States is not among the supported ones (changeNOW supports less countries).
- During the account verification WMexpress usually asks for some (it depends) documents and/or procedures and it takes a day or two in most of the cases User identification at changeNOW usually consists of 3 different procedures: id verification, phone confirmation, selfie (changeNOW's compliance program forces a client to take more actions or to provide more data).
Although the final decision, which exchange — WMexpress or changeNOW — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you look at the list above and decide, what is most important for you!
If you feel like need more comparison versus other exchanges, feel free to check these:
changeNOW vs chby
Let's compare the key features of these two platforms to see which one suits you best:
- chby is a broker changeNOW is a broker, both are using the same business model.
- chby had started the business July 2018 changeNOW started the business September 2017 (changeNOW operates 10 months longer).
- chby.io operates without a business registration or there is no information available about it changeNOW is an ordinary company without licenses, etc. (changeNOW utilizes a safer and more stable business model).
- chby allows registrations from 255 countries; United States is among the supported ones You may register at changeNOW if you reside in one of 238 countries; unfortunately, United States is not among the supported ones (changeNOW supports less countries).
- During the account verification chby usually asks for some (it depends) documents and/or procedures and it takes a day or two in most of the cases User identification at changeNOW usually consists of 3 different procedures: id verification, phone confirmation, selfie (changeNOW's compliance program forces a client to take more actions or to provide more data).
Although the final decision, which exchange — chby or changeNOW — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you look at the list above and decide, what is most important for you!
If you feel like need more comparison versus other exchanges, feel free to check these:
changeNOW vs 1-online
Let's compare the key features of these two platforms to see which one suits you best:
- 1-online is a broker changeNOW is a broker, both are using the same business model.
- 1-online had started the business February 2017 changeNOW started the business September 2017 (1-online.ru is working for 6 months longer time).
- 1-online.ru operates without a business registration or there is no information available about it changeNOW is an ordinary company without licenses, etc. (changeNOW utilizes a safer and more stable business model).
- 1-online allows registrations from 255 countries; United States is among the supported ones You may register at changeNOW if you reside in one of 238 countries; unfortunately, United States is not among the supported ones (changeNOW supports less countries).
- During the account verification 1-online usually asks for some (it depends) documents and/or procedures and it takes a day or two in most of the cases User identification at changeNOW usually consists of 3 different procedures: id verification, phone confirmation, selfie (changeNOW's compliance program forces a client to take more actions or to provide more data).
Although the final decision, which exchange — 1-online or changeNOW — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you look at the list above and decide, what is most important for you!
If you feel like need more comparison versus other exchanges, feel free to check these:
changeNOW vs 100monet
Let's compare the key features of these two platforms to see which one suits you best:
- 100monet is a broker changeNOW is a broker, both are using the same business model.
- 100monet had started the business December 2014 changeNOW started the business September 2017 (100monet.pro is working for 2 years and 8 months longer time).
- 100monet.pro operates without a business registration or there is no information available about it changeNOW is an ordinary company without licenses, etc. (changeNOW utilizes a safer and more stable business model).
- 100monet allows registrations from 255 countries; United States is among the supported ones You may register at changeNOW if you reside in one of 238 countries; unfortunately, United States is not among the supported ones (changeNOW supports less countries).
- During the account verification 100monet usually asks for some (it depends) documents and/or procedures User identification at changeNOW usually consists of 3 different procedures: id verification, phone confirmation, selfie (changeNOW's compliance program forces a client to take more actions or to provide more data).
Although the final decision, which exchange — 100monet or changeNOW — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you look at the list above and decide, what is most important for you!
If you feel like need more comparison versus other exchanges, feel free to check these:
Conclusion: is changeNOW legit or scam?
Now it's time to draw a conclusion, is changenow.io a scam or is it a legit exchange? We hadn't yet collected enough testimonials to assign changeNOW a rating, but according to our research it should be a good exchange. We have found no evidence that this broker is a scam so it should be save to deal with. Let's summarize what we like most (and what we don't) about the changeNOW:
- Although it has no financial licenses, etc. such a business model complies with the regulation
- The broker doesn't hold customers' funds, instantly delivering monies to your wallet
- This company has being in the business for a long time; exchange was started 6 years and 7 months ago
- Exchange supports 37 cryptocurrencies
- ChangeNOW accepts the clients from 238 countries; unfortunately, users from United States are not permitted to use the service