What is ChangeNOW?
ChangeNOW is a non-custodial global crypto exchange offering instant swaps, fiat support, and a management platform.Summary
ChangeNOW, founded in 2017, operates as a non-custodial global crypto exchange, functioning as an intermediary that aggregates trade quotes from other exchanges rather than holding user funds directly. Users can perform basic swaps without registration, positioning the platform between a centralized exchange (CEX) and a decentralized exchange (DEX). Its product suite has expanded into a "crypto management platform" including the NOW Tracker portfolio app, NOW Wallet, staking services, and crypto loans, supported by its native utility token, NOW. The platform supports over 1,200 cryptoassets and over 70 fiat currencies via third parties. Fees are generally baked into the swap rate, averaging around 0.4%, though users can opt for a fixed rate. Access to ChangeNOW Pro, which offers lower fees and cashback, requires registration and KYC. The platform's non-custodial nature limits its security risk, as it does not hold user funds long-term, and it actively monitors addresses for suspicious activity.
(Source：The Block)