ChangeNOW Announcements

2023-01-20 22:21:05 Over the years of trading evolution, the most popular figures for technical analysis of the market have appeared in the community.

Head and shoulders. It represents the triple change of price direction, where the central top is bigger than the two neighboring ones.
Double (triple) top. Two or three tops followed by a significant price change in the opposite direction from the tops.

Though these figures are popular, they are not always trustworthy. You should not rely blindly on just one figure.

Read more about cryptocurrencies on our blog Open / Comment

2023-01-19 19:40:04 New to crypto trading? Avoid these common mistakes to boost your chances of success.

Lack of research: Understand the market before making trades. You can rely on trusted crypto blogs and resources like CoinMarketCap.
No diversification: Spread investments across different currencies and platforms.
You can diversify your portfolio with ease using ChangeNOW – any of the 800+ assets available on the platform can be yours in just 4 clicks and mere minutes.
FOMO and FUD: Don't make impulsive trades based on fear or hype.
No plan: Set goals, identify entry and exit points, and have a risk management strategy.
No record keeping: Track your trades to understand performance and make better decisions.
You can keep track of your trades by setting an account on ChangeNOW Premium Lounge.

Remember, the crypto market can be volatile, but by being mindful of these mistakes, you can improve your chances of success.

You can learn even more about cryptocurrencies on our blog Open / Comment

2023-01-18 23:25:04 To secure your cryptocurrency, you should:
Keep your private keys in a secure place that can’t be reached by fraudulent programs (do not store them as notes, photos, documents, etc).
Do not use pirated software – never trust the cracked soft distributed over the Internet. Also, never visit suspicious web pages.
Use verified crypto wallets or keep funds in a cold one.
Use a reputable service that provides guarantees. For example, you can use ChangeNOW to swap coins!

You can learn even more about cryptocurrencies on our blog Open / Comment

2023-01-17 21:05:06 Today there are many people who are looking at or taking their first steps in the world of cryptocurrency.

However, before entering it, people have to:
Study a lot of information regarding technology,
accept the fact of high volatility, which can both benefit and reduce the amount of funds,
Figure out how to secure their funds.

ChangeNOW can help you with the latter. Our service allows you to keep control over your funds as opposed to the custodial exchanges that store your funds

Learn more about cryptocurrencies on our blog Open / Comment

2023-01-16 22:01:13 Last week's biggest news:

Bitcoin is steadily growing in value and has already passed the $21,000 bar. Other currencies like Ethereum, which has already crossed the $1,500 threshold, are following it.

Ecological fund Avalanche Blizzard has invested in the Acumen Network.

The creator of Dogecoin admitted on his Twitter account that he sold most of the ETH he owned at the end of 2022 to pay taxes. The price has since risen from $1190 to $1,567 as of today.

Stay up-to-date with us Open / Comment

2023-01-14 00:04:06 Halving is a process whereby the reward given for mining is halved once a certain stage is reached. Initially, the reward in the BTC network was 50 coins per block found. However, after several halving stages, the reward was reduced to 3.125.

In total there were 4 Halving:
28-11-2012, reward 25;
09-07-2016, reward 12.5;
11-05-2020, reward 6.25;
19-04-2024, reward 3.125.

After each reward decline, Bitcoin's price starts to rise and takes a new high.

Read more about cryptocurrencies on our blog Open / Comment

2023-01-09 22:27:15 Correction is a cyclical process of natural price change in the opposite direction to the current trend. This effect occurs due to the imbalance of supply and demand, traders' games, or news background.

Traders can make money by buying and selling at price peaks through such price changes. The most convenient way to do this is by exchanging stablecoins through an exchanger with low commissions and quick swaps. For example, ChangeNOW!

Learn cryptocurrencies with ChangeNOW Open / Comment

2023-01-04 15:00:00 Cryptocurrency is separated into coins and tokens. But what is the difference?

A cryptocurrency running on its own, a separate blockchain is a coin. If other currencies run on the same blockchain, they are called tokens because they take advantage of an existing solution.

Examples of coins would be BTC, ETH, and BNB.

An example of a token would be any cryptocurrency located, for example, on the Ethereum blockchain: SHIB, CRO, QNT, APE, and many others

Learn more about cryptocurrencies on our website Open / Comment

2023-01-03 15:00:00 Decentralization is the spreading of basic functions and control among multiple network participants

Examples of decentralized are Ethereum with all applications based on it (DApps), Uniswap, Axie Infinity, etc.

As centralized, you can take any non-blockchain application.

The difference between them will be more privacy, fault tolerance, and community control over the Dapps. ChangeNOW as well provides a service without registrations and KYC so you can enjoy low commissions and anonymity

You can find more information about the mining on our website Open / Comment

2023-01-02 22:01:02 Weekly Wrap: Japan to Reverse Ban on Foreign Stablecoins

Due to new regulations, Japan may welcome stablecoins like USDT or USDC in '23. In other news, SBF denies transferring funds from #Alameda and Russia’s crypto adoption steps up a notch.

https://changenow.io/blog/weekly-wrap-japan-to-reverse-ban-on-foreign-stablecoins Open / Comment