ChangeNOW: Instant Crypto Exchange Service
ChangeNOW offers an instant cryptocurrency exchange that moves coins directly from one wallet to another instead of using an order book. A user first picks the coin to send and the coin to receive. The system creates a one time deposit address - once the user sends coins there, the platform forwards the new coins to the user's chosen wallet after the trade finishes.
The service is called non custodial because users do not need to keep any balance on the site - they send funds only for the single swap. Besides coin-to-coin trades, ChangeNOW links to outside payment providers so users can buy or sell crypto with regular money. It also supplies code besides APIs that wallets, mobile apps plus other projects embed to offer swaps inside their own interfaces.
Public statements say the service launched in 2017, first for instant swaps and later for extra account linked features. It belongs to the NOW ecosystem but also uses the NOW token for loyalty and membership perks across its products.
The swap process follows three steps - request a quote, send the deposit as well as receive the new coins after network confirmations. The platform lists many assets and blockchains - the quoted rate already includes the service fee. Fiat operations depend on the chosen payment partner or on local rules.
People mainly use ChangeNOW when they want a fast switch between major coins, stable tokens or niche assets without opening an account on a traditional exchange. Wallet and app developers also plug it in as a background liquidity source next to newcomers use it to enter or exit crypto through supported fiat channels.
Quick swaps carry risks - confirmation delays, price shifts while the trade waits and the choice between fixed or floating rates. Many swaps skip KYC but risk filters can trigger identity checks plus fiat providers apply their own verification steps.
ChangeNOW does not offer leveraged or derivative products - like other exchange services, its addresses sometimes appear in transaction histories after security breaches, as noted in a CryptoSlate article on post hack fund traces.