ChangeNOW Redefines Crypto Speed Standards with Sub-2-Minute Swaps
ChangeNOW, a crypto exchange platform, announced that its average cryptocurrency processing time is now under two minutes, with a median of four minutes. This speed is presented as a significant improvement, particularly in the non-custodial Web3 space, where transaction speed is becoming a key factor for users. A 2024 survey indicated that deposit and withdrawal speed is a top priority for crypto investors when choosing an exchange. An independent report validated ChangeNOW's performance, placing it among the fastest in the non-custodial sector, with an industry median of 9-10 minutes. ChangeNOW aims to make sub-minute swaps the industry standard by 2026, as they believe low latency will be essential for future cross-chain and payment applications. The platform currently handles over $54 million in daily trading volume, focusing on major cryptocurrencies and stablecoins. ChangeNOW has expanded from simple swaps to offer Web3 services, storage, trading, and staking, reaching 5 million users globally since 2017.