Change, NOW is partnered with multiple different exchanges like Binance, Huobi, OKEx and Bitfinex to process cryptocurrency exchanges, which means that when you make an exchange order on the platform, your transaction is sent out to another exchange and then your new coins are sent out to the address you supply when making the order. Here's a step-by-step guide to how it works: You make an order on Modification, NOWThey exchange your coins for you at the best rate, Your new exchanged coins are sent out to the wallet address you provided during the order process on Modification, NOWIt's as basic as that, they do the effort for you and you just need to hold up and wait for the exchange to take place.
According to their site, exchanges take around 5-30 minutes depending upon the coins you are exchanging and the state of the blockchain network. This isn't too long to wait at all in my opinion, it would take longer to do the exchange yourself on a normal exchange.
Change, NOW is a little bit various to most of other cryptocurrency exchanges in the way that it requires no registration whatsoever. This means that you can use the exchange instantly online without needing to provide any information. I discover this quite cool but I also see worth in offering account registration so that you can view deal history etc. This suggests that you can even use the exchange on this page by using the widget below! That's cool.
Utilizing cryptocurrency exchanges without having to confirm identity is the goal for a lot of individuals because they want to remain personal and not hand out any information to companies. In this section of the review, I'm going to be providing you the low-down on Change, NOW's KYC & AML policy. The exchange operates a risk-related system whereby if they consider activity to breach KYC/AML laws, they will ask the user to prove their identity in order to continue with the exchange. This is a neat method of doing it as it puts off possibly malicious activity and at the same time, makes it easy and fast for people to use the exchange without KYC.
When you are making an exchange on the Modification, NOW platform, you will see that there are 2 choices of rates which you can select in between. This can be puzzling initially, but it's extremely simple and you'll comprehend it in a couple of minutes. So, what isand what is and which should you use on Change, NOW?: This means that the currency exchange check here rate may vary depending upon market movements throughout the deal, meaning that if the exchange rate of the cryptocurrency you are changing goes up or down, you may receive basically than you expected.: This exchange rate type suggests that you will get the exact amount you are informed on your order, even if the currency exchange rate changes throughout the 20 minutes of the transaction.
