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1. Introduction

These guidelines are drafted by CHN Group LLC, duly organized under the laws of Seychelles (hereinafter referred to as “We”, “Company”, “ChangeNOW”) only for information purposes and contain underlying provisions of the service level we aiming to pursue. In no event shall this document (or any version thereof) be deemed an offer or otherwise binding on ChangeNOW and the user, and cannot be relied upon as the Company’s representation or warranty of any kind. This document is not an advertisement to an unlimited group of persons. By drafting this document, we do not intend to provide the basis of any decision or give recommendations.

2. Definitions

Agreed Service Time ​(AST) — indicates the agreed working time of the service, at which the service should function normally.

Support response time — the time from when a case about an alleged malfunction has been submitted in the case management system by User/Partner to the time when the work on restoring the availability of the service has begun and support engineer has made contact regarding the issue reported in the case.

Downtime​ — the sum of downtime over a period, except for downtime caused by the following reasons:

  • Scheduled maintenance.
  • Negative activity of the User/Partner, which led to a negative impact on the components of the Service (spam, spoofing, violation of the Terms of Use, etc.).
  • Other uncontrolled events classified as force majeure.

Availability (%)​ — is a ratio calculated each period that the Service is available to the User/Partner. Defined by the formula: ((AST over a period — Downtime over a period) / AST) × 100%.
For example, with a total downtime of 21 minutes per month, the availability ratio is = (30 × 24 × 60 – 21) / (30 × 24 × 60)) × 100 = 99.95%.

3. Service Level

3.1 General Information

Agreed Service Time (AST)24 x 7
Agreed Service Support Time (ASST)24 x 7
Average API Response Time350 ms
API Availability99.95​%
Support Response Time10 minutes
Maximum deviation from expected rate (1)3%
Average Exchange time (if there are no blocking factors) (2)5 min
Number of unique supported currenciesnot less than 40 currencies for pay-in
not less than 165 currencies for pay-out
Coin Maintenance Update / Update about a coin getting disabled15 minutes starting from the time a coin is disabled on the partner's side
24 hours before scheduled maintenance (e.g. node update)
Planned API Maintenance Update1 working day before the start of the maintenance
Accident warning time10 minutes from the moment of the accident
Solving issues related to exchanges (from the moment the issue is detected/reported by the User) (3)Average Time to Resolution — 3 hours
KYC/AML casesAverage Time to Resolution — 2 hours
  • Deposit sent to different PayIn address — the User sends coins to the address for another blockchain
  • Extracted and refunded in 24 hours
  • Deposit amount less than minimal
  • Average Time to Resolution — 1 hour, if the amount is > 1 network fee
  • Deposit Not Detected — The Coin is Deposited but it is not detected for order processing. (3)
  • Average Time to Resolution — 3 hours
    Max Time to Resolution — 19 hours
  • BCH/BSV Split Coins Refund (if possible) — BCH/BSV received from the user that do not match the exchange (3)
  • Average Time to Resolution — 8 working hours
    Max Time to Resolution — 72 hours
  • Deposit Time Out — Fixed-Rate Exchange Completion / Refund in cases when coins are deposited after the defined time (3)
  • Average Time to Resolution — 3 hours
    Max Time to Resolution — 19 hours
  • Late Deposit — Classic-Rate Exchange Completion Please note — the dynamically generated address on ChangeNOW should be used only once.
  • rate difference is >3% — we process\refund the amount depending on the user's choice. Average Time to Resolution — 3 hours
    rate difference is <3% — we process the exchange. Average Time to Resolution — 3 hours
  • Incorrect Recipient Address — Exchange Completion / Refund in cases a User provides incorrect recipient address (3)
  • Average Time to Resolution — 3 hours
    Max Time to Resolution — 19 hours
  • Incorrect PayIn Amounts — the amount that was actually sent to the deposit address is different than what User indicated
  • Processed automatically if it fits the min limit. We do not guarantee the best rate in this case
  • Incorrect Extra_id (memo) of the Recipient Address — Exchange Completion / Refund in cases a User provides incorrect Extra_id (memo) of the Recipient Address (3)
  • Average Time to Resolution — 3 hours
    Max Time to Resolution — 19 hours

    (1) — in case of high volatility in the market, ChangeNOW can stop the exchange in case of fluctuations of more than 3%. In this case, a further decision is made with the Partner/User on whether to make a Refund or change the flow (from Fixed to Standard).

    (2) — time is counted from the moment of transaction, which has 2 confirmations.For the coins listed below the exchange time can be increased up to 24 hours due to the ChangeNOW and partner’s requirements for more confirmations: BSV, USDT, KMD, BTG, XZC, ZEN, RVN, DGB, BCH.

    (3) — time is counted from the time the support ticket is received

    3.2 Force majeure circumstances

    Force majeure — extraordinary event or circumstance beyond the control of the parties, prevents one or both parties from fulfilling their obligations under the SQS.

    The occurrence of force majeure circumstances extends the terms of the fulfillment of the SQS proportionate to the duration of their influence.

    4. Returns and refunds policy

    4.1 Please note:

    • The Digital Assets extraction process can take up to twenty (20) business days. If the User wishes to expedite this process, additional charges may apply.
    • Unsupported Digital Assets that are deposited into our system to unrelated wallets cannot be extracted or returned. ChangeNOW reserves the right to handle this on a case-by-case basis. Any decisions by ChangeNOW with respect to such Digital Assets being deposited when no longer supported are final.
    • Transactions below the minimum limits can not be completed.
    • When the User provides a destination address, this is the only address that output funds can be sent to. Any decisions by ChangeNOW with respect to refunds in these circumstances are final.
    • ChangeNOW only accepts one (1) deposit per transaction ID (TXID). If your funds are deposited in a TXID with more than one (1) deposit, you will need to contact support to receive a refund. The exchange rate will not be honored and your exchange cannot be completed.

    4.2 If there are dramatic changes in the cryptocurrency market, ChangeNOW can not exchange Cryptocurrency on the fix rate. In this case ChangeNOW shall carry out exchange transactions at the market rate or return the Cryptocurrency to the User at the choice of the latter. The Parties agree that under “dramatic changes in the cryptocurrency market” they understand the changes in the cryptocurrency rates equal to 3% or higher in any direction.

    4.3 ChangeNOW's tech team department is able to refund only BTC from SegWit BTC addresses. No other crypto assets, including but not limited to LTC, BSV, BCH sent to a SegWit BTC address could be refunded.

    5. Limitation of liability

    NOTWITHSTANDING THE FOREGOING, YOU EXPRESSLY UNDERSTAND AND AGREE THAT YOUR USE OF OUR SERVICE IS AT YOUR SOLE RISK AND THAT THE SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND EITHER EXPRESS OR IMPLIED. THE DETAILS SPECIFIED IN THIS DOCUMENT ARE ONLY FOR INFORMATION PURPOSES.

    CHANGENOW DO NOT REPRESENT OR WARRANT TO YOU THAT: (A) YOUR USE OF THE SERVICES WILL MEET YOUR REQUIREMENTS AND EXPECTATIONS, INCLUDING ANY REQUIREMENTS AND EXPECTATIONS WITH REGARD TO SERVICE LEVEL (B) YOUR USE OF THE SERVICES WILL BE UNINTERRUPTED, TIMELY, SECURE OR FREE FROM ERROR, (C) DATA PROVIDED WILL BE ACCURATE OR (D) ANY CONTENT MADE AVAILABLE TO YOU IS FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS.

    YOU UNDERSTAND AND AGREE THAT CHANGENOW SHALL NOT BE LIABLE TO YOU FOR ANY INDIRECT, INCIDENTAL, SPECIAL CONSEQUENTIAL OR EXEMPLARY DAMAGES WHICH MAY BE INCURRED BY YOU, HOWEVER CAUSED AND UNDER ANY THEORY OF LIABILITY, INCLUDING, BUT NOT LIMITED TO, ANY LOSS OF PROFIT (WHETHER INCURRED DIRECTLY OR INDIRECTLY), ANY LOSS OF GOODWILL OR BUSINESS REPUTATION, ANY LOSS OF DATA SUFFERED, COST OF PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES, OR OTHER INTANGIBLE LOSS, EVEN IF CHANGENOW HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

    IN NO EVENT THE AGGREGATE LIABILITY OF CHANGENOW TO YOU FOR ALL CLAIMS ARISING OUT OF OR RELATING TO THE USE OF OR ANY INABILITY TO USE ANY PORTION OF THE SERVICES OR OTHERWISE, WHETHER IN CONTRACT, TORT, OR OTHERWISE, SHALL EXCEED 500 EUR.

    6. Miscellaneous

    6.1. It is expressly understood and agreed that these guidelines shall not be binding on ChangeNow and users, (ii) no liability or binding obligation is intended to be created between ChangeNow and the user pursuant to these guidelines, and (iii) any legal rights and obligations between ChangeNow and users shall come into existence only if expressly provided for herein.

    6.2. Nothing in these guidelines shall be construed as creating a joint venture, an agency relationship or a legal partnership.

    6.3. This document is governed and shall be construed in accordance with the laws of the Republic of Seychelles.

    6.4. ChangeNOW may either cease to provide any guidelines on service level or revise these guidelines at any time and without notice to you or third parties. To review the new version of the guidelines you may follow the link