ChangeNOW, a crypto exchanger service today announced they have added support Cardano native asset (ADA). The token can now be exchanged to any other cryptocurrency supported on the ChangeNOW exchanger.
This service offers a fee of only 0.5% for all transactions and does not require any personal information from a user – just a wallet address, to where the coins will be transferred.
Commenting on adding the ADA token to the service, ChangeNOW said:
“We are pleased to announce the official launch of Cardano cryptocurrency. Now all our users can buy and sell it for other coins. Cardano is considered to be one of the cryptocurrencies with a high level of security, and it fully meets our philosophy. We strive to make cryptocurrency exchange as simple and anonymous as possible, as it was originally intended when the crypto concept was first created.”
To buy ADA, users need to select the currency they want to give away and specify Cardano as the currency to receive. By entering the amount willing to give, users will see how many ADA coins they will get in return. Next, ChangeNOW will generate the address to transfer coins to and users will need to specify their wallet address to receive ADA. In 5-20 minutes after the payment, the coins will drop into the account. To sell ADA, users need to repeat the same procedure, only to choose ADA and specify the cryptocurrency wanting to receive. Currently, ChangeNOW supports more than 20 of the most popular cryptocurrencies.
In addition, ChangeNOW offers an easy way to buy Cardano – with a MasterCard or Visa credit card. Cardano is a decentralized platform that provides reliable, scalable, comprehensive, and programmable cost transfer. Cardano is one of the first blocks to be built on a highly secure Haskell programming language. Cardano is a focused technology designed to create a new decentralized economy and democratize finances in emerging markets. Cardano allows users to build and run decentralized applications and contracts in a cost-effective, secure, and scalable way.
ADA is the native cryptocurrency in the Cardano blockchain ecosystem and allows to quickly send and receive with security through cryptography. To manage ADA, users can install the official Daedalus wallet, which is designed specifically for the ADA asset.
The site’s design and its some of the thing was really good.
But now you can count them as a scam project.
They were honest with all of the small transactions.
But it is everywhere and viral now that they have stolen BTC, BCH and many of coins there.
In BTCtalk there are some reviews of their scam.
Just keep your self away from them.
Two users hav come out to testify that changenow have taken their monies BIG amounts!!! And they asking them to do kyc verification. But how can these people do this when chagnenow said on bitcointalk that they did anoymous exchange. Now they are changing their position so that they will keep these people’s monies for their own. In truth it is really scam if they are doing this.
I see that there are negative comments here, therefore, for objectivity, I consider it necessary to add my word. These guys accuse changenow of stealing, but this is not true. That guy 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) You can read about it 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.
Using changenow, I am glad that I am not registering, but simply changing my coins. This service has been familiar to me for almost a year, and I have never had any problems. This is one of the first servises on my trust list.
No problem using changenow. By the way, I read the comments, and I will say that the rules for using changenow really imply the KYC sometimes. I do not see a problem with this, the big whales make many small exchanges instead of one to avoid KYC.