ChangeNOW DeFi Review: DEX Liquidity, Cross-Chain Swaps, Multichain Bridge, and DApp Token Listings

In the world of decentralized finance (DeFi), where seamless asset liquidity, cross-chain solutions, and decentralized exchanges (DEXs) dominate, platforms like ChangeNOW have expanded their capabilities to meet the growing demand for decentralized solutions. Founded in 2017, ChangeNOW rapidly established itself as a top player in the cryptocurrency exchange space, maintaining a non-custodial model and minimizing the need for KYC. With this model, users do not have to verify their identities, except when there are serious risks detected, and they have full control over their assets, free of third-party interference. With DeFi demands on the rise, ChangeNOW appears well-prepared, walking a fine line between catering to the diverse user needs and preserving the efficient, reliable service its community has come to expect.

DEX Liquidity and Cross-Chain Swaps

In line with DeFi trends, ChangeNOW integrates access to decentralized liquidity pools from decentralized exchanges Uniswap and Pancakeswap, allowing users to tap into exclusive DEX assets and carry out cross-chain swaps. This reduces network fees and the overall number of on-chain transactions, simplifying the swapping process for users. With ChangeNOW, users can access a wide variety of assets without the need for a centralized exchange (CEX), bringing the benefits of decentralized exchanges to a broader audience.

Among the most popular DeFi projects listed on ChangeNOW are Kyber Network (KNC), Augur (REP), MakerDAO (MKR), Aave Protocol (AAVE), Synthetix Protocol (SNX), and Compound Finance (COMP), allowing users to engage with established protocols and access decentralized liquidity from a range of high-value projects.

Multichain Bridge for Token Listings

A key offering in ChangeNOW’s DeFi toolkit is its Multichain Bridge service. This feature allows tokens or coins to gain interoperability between blockchains, ensuring availability for swaps even without traditional exchange listings. Whether it’s a young startup or an established project, ChangeNOW enables creators to launch their assets with minimal technical barriers. Moreover, partners can integrate exchange support for their tokens across ChangeNOW’s website and API, utilized by over 3,000 partners, including Guarda Wallet, Trustee, Exodus, and Trezor, ensuring that tokens are accessible for swapping across multiple platforms.

Popular use cases for the Multichain Bridge Include:

  • Cross-Chain Bridge: Swap tokens seamlessly across different blockchains.
  • Migration to Mainnet: Migrate tokens from a testnet to a mainnet with ease.
  • Token Generation Events (TGE) & Launchpad: Run token sales and manage liquidity pools.
  • Staking Support: Enable staking for new or existing tokens across multiple chains.

This service allows projects to expand their user base by making their assets available across multiple chains without the high costs of CEX listings.

Setting Up a Multichain Bridge Solution

ChangeNOW’s bridge solution is remarkably easy to implement. Here’s how to get started:

  1. Submit an Application: Fill out the contact form, and a representative will get in touch within two business days.
  2. Follow the Integration: Your personal manager will guide you through the process.
  3. Launch Your Solution: Once integrated, the bridge becomes accessible to over 3,000 ChangeNOW partners and millions of users.

Benefits Within the ChangeNOW Ecosystem

One of the most distinguishing features of the ChangeNOW ecosystem is how well-suited it is to address a wide range of user needs, whether one is an individual who makes regular crypto transactions or a business entity seeking more sophisticated solutions. The platform’s wide-ranging product and service lineup appears to have something that fits all kinds of these crypto needs, making it viable for virtually everyone, in a straightforward and user-friendly manner.

High-Speed Transactions and Flexibility for Unrestricted Swapping

The platform’s hallmark feature is its high-speed transactions, which are typically completed within minutes, coupled with competitive fees and a policy of full transparency—there are no hidden fees.

Additionally, there are no such things as too many, too large, or too small swaps with ChangNOW. Users can exchange their crypto as often and in whatever amounts they choose, with no limitations to hinder the process. However, it’s essential to keep in mind that the minimal amount for crypto swaps on the platform is $2.

Once the user has initiated the exchange, they can track the progress by following the unique link provided, which contains their exchange ID.

Users can also choose to benefit from ChangeNOW’s permanent exchange addresses feature, which allows users to streamline recurring transactions by creating a single, reusable address that automatically handles their preferred crypto swaps, eliminating the need to set up new exchanges for each transaction.

Fiat Buy/Sell for Greater Accessibility

Among more than 1,000 cryptocurrencies available, users can find everything from the most popular cryptos to promising up-and-comers to DeFi and meme tokens. If a user does not own crypto, they can use ChangeNOW’s fiat on-ramp option to purchase digital assets using a wide selection of fiat currencies.

It’s also possible to cash out easily with ChangeNOW’s fiat off-ramp, a convenient way to convert cryptocurrencies into fiat currency.

A few of the supported fiat currencies are USD (United States Dollar), EUR (Euro), GBP (British Pound Sterling), CAD (Canadian Dollar), AUD (Australian Dollar), and HKD (Hong Kong Dollar), allowing global users to sidestep the hassle of currency conversion, getting straight to crypto purchasing.

When it comes to payment options, ChangeNOW also supports an extensive list, including Visa, MasterCard, SEPA, Apple Pay, Google Pay, Revolut, Swift, FasterPay, PIX, and ACH.

ChangeNOW Pro for Enhanced Benefits and Earning Potential

For individual users, ChangeNOW Pro opens the door to an array of benefits, including cashback on transactions, reduced fees on off-chain swaps, transaction history feature, and AML address checks for free.

ChangeNOW Pro members earn cashback on transactions, with higher cashback rates available in premium membership tiers. The free VIP plan offers basic features, while the Emerald and Brilliant plans unlock higher cashback limits, more AML checks, and exclusive perks like a private webpage for receiving crypto payments in the DeFi space. The Brilliant plan even allows for unlimited AML checks and larger monthly cashback limits.

Through unlimited crypto loans with fixed Loan-to-Value (LTV) and Annual Percentage Rate (APR) rates available across all plans, users can further increase their earning potential by taking out loans without monthly interest payments.

ChangeNOW Pro also introduces automatic staking for its native NOW token, allowing users to deposit their funds and earn rewards over time.

NOW Token Staking for Passive Income

The NOW token staking system offers users a 6.25% APR with progressively increasing rewards the longer they stake, allowing them to grow their holdings over time without losing the multiplier when adding more. With over 3.5 million NOW currently staked and 2.25 million NOW distributed, staking also features an anti-inflation mechanism, halving token rewards after every 1.5 million NOW distributed, which helps maintain demand. To ensure fairness, there’s a 100,000 NOW cap per stake, promoting equitable distribution of rewards.

NOW Wallet for Non-Custodial Storage

For secure and non-custodial storage of digital assets, ChangeNOW provides NOW Wallet, which allows users to store, buy, exchange, stake, and manage assets across over 40 blockchains with a full level of control. The wallet can be accessed on mobile devices (iOS and Android) and desktops (Mac, Windows, and Linux).

NOWCustody for Enterprise-Level Asset Management

NOWCustody is ChangeNOW’s proprietary storage solution that has been proven to safeguard over 1,000 assets. By leveraging a single, robust API, businesses can effortlessly manage a diverse portfolio of digital assets from receipt to storage and beyond. The service is reinforced with comprehensive security measures, certified by SOC 2 Type II and ISO 27001, the industry’s gold standard. Additionally, 100% of funds are stored in cold storage for maximum safety, and all data is encrypted both at rest and in transit. NOWCustody also ensures uninterrupted service with georeserve and backup systems in place, all running on advanced AWS infrastructure.

NOW Tracker for Real-Time Asset Monitoring

The crypto market doesn’t tolerate delays, which is why ChangeNOW developed the highly useful NOW Tracker app. The app offers users real-time monitoring of various assets, including not only crypto but also stocks and NFTs.

It’s remarkable that the app supports 7,000+ cryptocurrencies, 23 fiat currencies, an impressive 8,000 stock list, and seamless connections to five major exchanges for tracking, putting the power of portfolio diversification firmly in the user’s hands. Other benefits include automatic tracking of hot or cold wallets via public addresses.

NOWPayments for Crypto Integration Across Industries

Businesses looking to stay ahead of the curve can take advantage of ChangeNOW’s NOWPayments service, which allows them to accept over 300 cryptocurrencies and withdraw funds in either crypto or fiat, directly to their bank accounts. With a low fee of just 0.5%, one of the most competitive rates on the market, and features like a personal account manager and instant payouts, NOWPayments makes crypto integration seamless. The service is widely applicable across industries such as e-commerce, iGaming, trading platforms, and charities, providing features like a personal account manager and 24/7 support to ensure smooth operations.

NOW Launchpad for Token Creation and Marketing

Those looking to join the token economy can turn to NOW Launchpad for a comprehensive, hassle-free experience. This all-in-one platform allows users to create tokens, manage liquidity, list tokens on exchanges, and run marketing campaigns like presales and airdrops—all within a single, streamlined interface. NOW Launchpad offers multiple customizable packages to suit different needs.

Users can easily create tokens with the help of the platform’s partners, run token presales to attract investors, or launch airdrop campaigns to boost engagement. The platform provides a fully functional landing page with cryptocurrency payment integration and a Telegram mini-app or bot to expand their reach without any coding knowledge.

In addition to token creation, market-making services ensure liquidity pools are efficiently managed, enhancing the tradability and value of the token. Tokens created through the NOW Launchpad are not only listed on ChangeNOW, but also gain exposure to a network of businesses through NOWPayments.

NOWNodes for Scalable Blockchain Infrastructure and Developer Solutions

NOWNodes, another enterprise tool available through the NOW ecosystem, offers blockchain-as-a-service for developers building on web3, providing instant access to over 65 RPC nodes from a wide range of blockchains, including Bitcoin, Ethereum, Binance Smart Chain, Solana, XRP, Cardano, and more. With over 50 blockchain networks supported and API uptime of more than 99.95%, developers can rely on NOWNodes for high performance and scalability. The service processes over 15,000 transactions per second with an average response time of 0.6 seconds. Developers can easily integrate with NOWNodes by signing up for an API key and accessing both mainnet and testnet nodes for more than 100 popular blockchains. In addition to shared full nodes, NOWNodes also offers dedicated private nodes for a fully managed crypto experience, as well as block explorers and websocket connections for real-time transaction updates.

Final Thoughts

ChangeNOW is a comprehensive and easy-to-use platform that helps both individuals and businesses navigate the world of decentralized finance (DeFi). Whether users want to swap tokens, build a cross-chain bridge, or list a new token, ChangeNOW has various tools to meet their needs. With options like NOW Wallet, NOW Tracker, NOWPayments, and NOWNodes, ChangeNOW’s ecosystem provides everything needed to dive into DeFi and beyond.

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