ChangeNow, an instant and non-custodial exchange, and IoTeX, a leading decentralized open source layer 1 blockchain firm, have teamed up to spark greater crypto adoption and bring in new people to the crypto ecosystem by enabling credit and debit card purchases in over 60 countries.
“Our goal is to make it easier for non-crypto users to start getting involved with a much friendlier way to purchase crypto,” said Jing Sun, IoTeX Co-Founder and Chief Financial Officer.
“ChangeNOW is a very user-friendly crypto exchange that makes it very easy to purchase by only entering a debit or credit card. The process is very quick and very low cost. Anybody can purchase crypto now,” she added.
The crypto exchange, which offers over 50,000 trading pairs and easy-to-use credit and debit card purchases, has recently included IOTX on its list of cryptocurrencies you can purchase with a Visa or Mastercard, she explained.
Additionally, the ChangeNow integration partnership with IoTeX means IOTX token holders or those crypto enthusiasts who want to purchase this top 100 crypto can do it via Mimo, the primary decentralized exchange on IoTeX.
“Users can now access Mimo and purchase IOTX directly from it as it has added a functionality enabling seamless purchase of IOTX tokens with a credit card via ChangeNow,” said Larry Pang, IoTeX Head of Business Development. “Users can now also directly purchase other IOTX network tokens easily.
The exchange does not store users’ funds nor does it require any type of account creation. However, when purchasing with a debit or credit card it does request ID verification for card owners’ security purpose only. It also has a KYC/AML procedure in place in line with regulations aimed at preventing money laundering and other financial crimes.
“Created by a team of experienced blockchain developers, ChangeNOW is a fully secure service with a twist — we’re completely registration-free,” the crypto exchange explains on its website.
“This allows our clients to avoid identification or financial theft. We offer the best rates on the market, as we use reliable cryptocurrency trading platforms.”
For every cryptocurrency swap, ChangeNOW searches for the fastest and most user-profitable way to execute the exchange.
“It is crucial to the company that the final amount you receive is as close to the estimate as possible. That’s why it calculates all the possible fees for every transaction very thoroughly and includes them in the estimate,” ChangeNow’s team explains.
ChangeNOW remains one of the biggest proponents for crypto adoption among mainstream audiences and aims to provide a safe, private, and user-friendly environment as part of a larger series of efforts to drive further cryptocurrency awareness worldwide.
IoTeX is one of the fastest growing blockchain startups in the Space with over 300,000 users and 10,000 connected devices. Its IOTX token ranks top 100 on Coinmarketcap.com with a market capitalization of over $650 billion after record-breaking growth in 2021.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.