ChangeNOW — no-KYC crypto swap review
ChangeNOW is a non-custodial swap covering 1,000+ assets. huge coin list + wallet — but expect a KYC trigger on large swaps. We flag its KYC level honestly so you can match it to the size and privacy you need.
Key facts
| Service type | Non-custodial swap service |
|---|---|
| Custody | non-custodial |
| Account required | No (standard swaps) |
| KYC policy | KYC 2Soft-KYC (threshold) — threshold (~$2,000, undisclosed) |
| Rate mode | Fixed & floating |
| Fees | Built into the quoted rate (~0.5% + partner spread) |
| Avg swap time | ≈5–30 min (chain-dependent) |
| Supported coins | 1,000+ BTCETH |
| Networks | BTC, ETH, SOL, TRON, BNB, +70 chains |
| Minimum | Network minimum (varies by coin) |
| Maximum | Large swaps may require ID (undisclosed threshold) |
| Founded | 2017 |
| Updated | 2026-06 |
ChangeNOW is a non-custodial crypto swap service. Below: how it works, fees, supported assets and the privacy trade-offs — with its KYC level called out plainly.
About ChangeNOW
ChangeNOW lets you exchange one coin for another without an account — you pick the pair, paste your receiving address, send the deposit, and the service routes the trade and pays out on-chain. huge coin list + wallet — but expect a KYC trigger on large swaps.
How a ChangeNOW swap works
A swap runs wallet-to-wallet: ChangeNOW generates a one-time deposit address, you send to it, and the output is broadcast to the address you supplied. Rate mode: Fixed & floating. Typical settlement: ≈5–30 min (chain-dependent).
Fees & rate model
Fees: Built into the quoted rate (~0.5% + partner spread). There is no separate account or withdrawal fee beyond the on-chain network cost on each leg — the quote you see already includes the service margin.
Privacy & custody model
Because there is no account, there is no identity database to leak: verification can trigger above an (undisclosed) threshold. The on-chain trail is limited to the two wallet addresses, which are public anyway, and ChangeNOW stays non-custodial throughout.
Pros & cons
Pros
- 1,000+ coins across 70+ chains
- Built-in NOW Wallet
- Fixed & floating modes
- Long, established track record
Cons
- Undisclosed AML threshold can trigger ID (~$2k reported)
- Routes through partner liquidity
- Larger swaps may be held for review
FAQ
Does ChangeNOW require KYC?
For standard swaps, verification can trigger above an (undisclosed) threshold. ChangeNOW is non-custodial, so there is no account held in your name and no identity database behind a login.
Is ChangeNOW custodial?
No — ChangeNOW is non-custodial. You swap wallet-to-wallet; the service only routes the trade and never holds a long-term balance for you.
How fast is a ChangeNOW swap?
Typically ≈5–30 min (chain-dependent). Bitcoin can be slower at busy times; faster chains like TRON or Solana usually clear in minutes. Fixed-rate orders lock the rate; floating orders settle at the arrival rate.