Review ChangeNow - Cyptocurrency Exchange (ICO)

in cryptocurrency •  6 years ago 


ChangeNOW is a cryptocurrency exchange where you can swap cryptocurrencies anonymously. Instead of exchanging cryptocurrencies with other users, you’re paying ChangeNOW to purchase cryptocurrencies on your behalf (or you’re buying ChangeNOW from their pool). You pay a fee for the service, but you can exchange an unlimited amount of cryptocurrency in an anonymous way. No registration and no minimum amounts to be worried about, With 5 easy steps, money is in your wallet, sounds like magic isn't it!

Common Problems and ChangeNOW Solutions

The world of cryptocurrency projects is changing at a high pace. Keeping up with the times, ChangeNOW was created with a goal of bringing the cryptocurrency industry to a new level by resolving its common problems.
-Centralization
Currently we are in a counterintuitive situation where an industry so focused on decentralization includes so many centralized services dominating users’ share. While cryptocurrencies give their possessors freedom from regulations and authorities, centralized exchanges and hosted wallets accumulate users’ funds, keeping the holders at risk.
+The team has a major focus on decentralization. We are building our service in a way that users have as much control of their funds as possible. And we plan to keep it this way by developing towards fully decentralized exchange mechanisms.
-Security issues
Centralization is followed closely by security problems. Hundreds of projects that store user funds are at risks of being hacked. Moreover, even being as attentive to procedures as possible and very precautious in general, these projects can still suffer from the human error or technology failures. Despite all the efforts there is a lot of space for potential breaches and errors that can lead to losses of great amounts of money.
+ChangeNOW is built with perfect security as a goal and has gone through multiple penetration tests. Plus, we seek to minimise possibility of human error by engaging the best technologies of decentralized world. They are intent on continuing this way while keeping our standards as high as possible.
-Lack of transparency
While cryptocurrencies strive to improve transparency of operations and transactions between users, most services still lack transparency in their internal operations and mechanisms. Even more so, most of them keep their implementation details and inner operations secret which leads to major distrust, possibility of fraud, and alarms newcomers.
+Concerning security measures and precautions, ChangeNOW will make all necessary steps to be as transparent in its operations and implementation details as possible.
-Poor customer service
In pursuit of optimisation support team often grows detached from the developers. It leads to the most painful problems in customer service, mainly, long response times and canned responses with no real help to the end user. Yet, when it comes to financial sphere, no amount of service and attention to users should be enough.
+The support team has already done significant job in making our customer service as smooth and effective as possible. Support is integrated in our daily activities and users always get high-quality and thorough answers 24 hours a day, 7 days a week.
-Usability
Cryptocurrencies and services around them are relatively young and have a lot of usability issues. The necessity to deal with keys, addresses, hashes and verifications can be very stressful. Especially for inexperienced users. Cryptocurrency platforms require intuitive user interface in order to be easily adopted by customers. Technology should serve them, optimizing their lives and improving their experience. This is a trend in cryptocurrencies world that we strongly support.
+ChangeNow is not only a technology but also a user experience. Every small detail that can simplify exchange process and make it more pleasant for the users is our priority.
CHANGENOW Cryptographic Digital Currency Currently Token is the first token created by the moment trading stage. Currently Tokens will charge as money inside on CHANGENOW, it will be the basic method to register new coins and tokens on our administration.
When CHANGENOW becomes very fast, tokens will be an incredible demand.

Token & ICO Details
Token Details
Token Symbol: NOW
Full name: ChangeNOW Token
Type: ERC20 Token
1 NOW ≈ 0.2 USD
Tokens Amount: 200 000 000 NOW
Market Cap: 40 000 000 USD
Decimal: 8
Minimum investment: $ 50,000
Maximum investment: $ 500,000

In case you have any questions or would like to join, all official sources of the project I will leave Below:
Website: https://changenow.io
WhitePaper: https://changenow.io/tokens?utm_source=BountyANN
Facebook: https://www.facebook.com/ChangeNOW.io
Twitter: https://twitter.com/ChangeNOW_io
Telegram: https://t.me/NOWtoken_Bounty
ANN: https://bitcointalk.org/index.php?topic=2911172

Author by :
Username profile Bitcointalk : balonka01
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1302804

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Changenow.io is a scam exchange. They are selectively scamming their users. There are no problems with low deposit amounts, however, if the coins deposited are substantial, they will hit you with KYC and pretend to be complying with AML laws. Now, this exchange claims to be anonymous like Changelly, Shapeshift, etc? You don't need to create an account and all, so why do they all of a sudden need users to send them personal identifying documents, and demanding video calls? You can read more here about how they stole 11 bitcoin from a depositor:

https://www.reddit.com/r/CryptoCurrency/comments/8wsgir/changenowio_scam_fraudsters_have_stolen_100_bch/

https://bitcointalk.org/index.php?topic=4619534.msg43207255#msg43207255

Why are they asking this only from large deposit amount?. Why are they not asking for KYC before accepting deposits? At least make it clear to depositors their assets could be held hostage? I also find it weird how deceptively similar changenow .io looks like changelly. It isn't normal. It is clearly designed to dupe depositors into thinking it is changelly, the name too - changeNow, changelly - both starting with C and having change in the name. Users should be careful depositing here, these are Russian scammers, taking your deposits and hoping you refuse KYC so that they keep your funds. Because they know that no sane person, will send criminals their ID

ChangeNow is scam now.they are doing that with big amount and you are right.
we should boycott them.

I see a negative comment here, therefore, for objectivity, I consider it necessary to add my word. They accuse changenow of stealing, but this is not true. One man sent them a fake ID after the system found his transaction suspicious. This is a stupid act! Changenow began checking, however this man started an information war, blaming the company. (Therefore you see similar negative comments) All facts of information pressure are collected here https://medium.com/@arennathan9/changenow-scam-or-review-how-ni23457-blackmails-the-exchange-978c483ef81a

In early October, changenow returned the coins to the user, after a thorough investigation. This demonstrates the legality of the company, which operates within the law.