ChangeNOW is a simple and fast instant cryptocurrency exchange service. You do not need to register, and your exchange will have no limits. We'll quickly convert more than 170 coins for you without charging any additional or hidden fees. ChangeNOW is integrated into multiple cryptocurrency trading platforms, including Binance, Bitfinex, and Bittrex. We also work with several exchange partners.
NOW Token (ticker: NOW) is the native token of the ChangeNOW exchange platform, built on its own token standard called Token Standard 3. It's essentially a utility coin that lives within the ChangeNOW ecosystem and is used for platform-related functions. Think of it as the in-house currency that powers services on the exchange rather than a general-purpose blockchain coin.
NOW is the proprietary token of the ChangeNOW exchange, issued on its own Token Standard 3, whereas Bitcoin and Ethereum run on independent public blockchains. Unlike those major coins, NOW is primarily designed for use within the ChangeNOW ecosystem rather than as a standalone global payment network. It also uses a Proof-of-Work consensus mechanism, similar to Bitcoin in that respect.
NOW runs on a Proof-of-Work (PoW) consensus mechanism, meaning network participants mine new blocks by solving computational puzzles to validate transactions. The token is issued under Token Standard 3, ChangeNOW's own technical standard. This setup keeps the network secured by miners rather than by staked coin holders.
NOW has a hard cap of 200,000,000 coins, meaning no more than that amount will ever exist. This fixed maximum supply is written into the token's rules and cannot be exceeded, which distinguishes it from coins with unlimited or governance-controlled emission. New coins enter circulation through the PoW mining process.
Since NOW uses ChangeNOW's own Token Standard 3, you'll need a wallet that supports this specific standard — check the official site at changenow.io/tokens for the current list of compatible options. Within the ChangeNOW ecosystem, the token is used for platform services and features. Always verify wallet compatibility before transferring, as sending NOW to an incompatible address can result in lost funds.