ChangeNOW - Fast coin swaps free of custody
Innovative and experimental tech is what the crypto space is all about. This innovation drives the space forward and makes it an exciting place to be. It’s true that not every project has merit or that every ICO deserves your money but some strides are being made. How assets are traded is an example of this.
What really matters is not whether an exchange is centralized or decentralized. What matters is whether the exchange is custodial or non-custodial. What does that mean?
A custodial exchange is one where the exchange HOLDS YOUR MONEY.
Custodial Exchanges typically occur on centralized exchanges.
Pros of Custodial Exchanges:
The exchange has the liability to protect the funds from hackers NOT the user
Cons of Custodial Exchanges:
The exchange NOT the user holds the money
Custodial Exchanges hold the custody of your private keys Possible unannounced access to your money Support requirements are more complex.
A non-custodial exchange DOES NOT HOLD YOUR MONEY. On this exchange, traders have complete ownership and responsibility for their money.
They are individually liable to keep their money secure at all times Non-custodial can exist on centralized and decentralized exchanges.
A non-custodial exchange is a centralized exchange with a crucial distinction from custodial exchanges: non-custodial exchanges do not manage users’ wallets.
Pros of Non-Custodial Exchanges
The user holds their money NOT the exchange User has consistent access to money Less complex support requirements
Cons of Non-Custodial Exchanges.
The user NOT the exchange has the burden to protect their funds from hackers.
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!
Advantages of ChangeNOW
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 DETAILS
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 team 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.
For More details :
WEBSITE ; https://changenow.io/
TELEGRAM ; https://t.me/NOWtoken_Bounty
TWITTER ; https://twitter.com/ChangeNOW_io
FACEBOOK ; https://www.facebook.com/ChangeNOW.io/
MEDIUM ; https://medium.com/@changenow_io
Username: JUBAH84
ETH: 0x1C4Be60BDd042eB62d145BB1A02c011F7aA3DC1F
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