changenow
Swap crypto: simple, fast, free of custody. ChangeNOW has almost 700 coins available for exchange and does not hold any limits; you can exchange as much as you want - account-free, worry-free, faster than light.
changenow
Swap crypto: simple, fast, free of custody. ChangeNOW has almost 700 coins available for exchange and does not hold any limits; you can exchange as much as you want - account-free, worry-free, faster than light.
The exchange may request KYC from any user at any time, typically triggered by an automated flag system, leading to a temporary block of funds.
Automated, ai-driven monthly ToS reviews.
Last Check: 2024-05-03
ChangeNOW has an automated risk prevention system that monitors transactions and flags suspicious ones. 'If a transaction is marked suspicious by this system, the exchange is put on hold and the customer in question is then asked to confirm their identity.'
ToS section: "ChangeNOW's AML/KYC procedure is supported by an automated risk prevention system..."
If a transaction is flagged as suspicious, users are required to verify their identity through a KYC process with ChangeNOW's KYC provider SumSub. 'If a certain client is eligible for the procedure since their transaction had been marked as suspicious, they will have a special status update on the exchange page along with a Verify button; the button will lead to our KYC provider SumSub's verification tool.'
ToS section: "Each KYC case is handled individually..."
ChangeNOW shares user data with their KYC provider SumSub for identity verification purposes. 'ChangeNOW is partnered with a KYC provider called SumSub. In order to get your identity verified, you will be offered to follow SumSub's link (it will be under the Verify button) and complete the verification through a comfortable and smooth UI.'
ToS section: "ChangeNOW is partnered with a KYC provider called SumSub..."
ChangeNOW reserves the right to submit user data and materials to legal authorities like Interpol and Europol if a request is received. 'Please bear in mind that ChangeNOW reserves the right to submit all the received materials to legal authorities (Interpol, Europol, and others) in case a corresponding request is received.'
ToS section: "Please bear in mind that ChangeNOW reserves the right to submit all the received materials..."
ChangeNOW can put exchanges on hold if a transaction is flagged as suspicious by their risk prevention system. 'If a transaction is marked suspicious by this system, the exchange is put on hold and the customer in question is then asked to confirm their identity.'
ToS section: "ChangeNOW's AML/KYC procedure is supported by an automated risk prevention system..."
ChangeNOW reserves the right to blacklist wallet addresses that fail the KYC procedure or are suspected of illegal activities, preventing those addresses from making deposits. 'In case a client doesn't wish to disclose their identity for certain reasons and refuses to provide the documents, the KYC/AML procedure is considered failed and the deposited funds are then refunded to the address (or addresses) the deposit was made from, subtracting the network fees, within 24 hours. Then, ChangeNOW reserves the right to blacklist this address (or addresses), thus rendering it (or them) non-eligible for making deposits on the service.'
ToS section: "In case a client doesn't wish to disclose their identity for certain reasons..."
ChangeNOW has an automated risk prevention system that flags suspicious transactions. 'If a transaction is marked suspicious by this system, the exchange is put on hold and the customer in question is then asked to confirm their identity.'
ToS section: "ChangeNOW's AML/KYC procedure is supported by an automated risk prevention system..."
There is no explicit statement about ChangeNOW logging user data like IP addresses or transactions.
Beware of fake reviews and accounts. Verify user profiles and conduct your own research.