NOW Wallet Review 2024
BTC $94,061.05 -2.23% ETH $3,392.32 1.29% SOL $191.85 3.41% PEPE $0.000018 -0.40% SHIB $0.000022 0.95% DOGE $0.31 0.39% XRP $2.23 0.69% ETH Gas (gwei) 6.02
BTC $94,061.05 -2.23% ETH $3,392.32 1.29% SOL $191.85 3.41% PEPE $0.000018 -0.40% SHIB $0.000022 0.95% DOGE $0.31 0.39% XRP $2.23 0.69% ETH Gas (gwei) 6.02
BTC $94,061.05 -2.23% ETH $3,392.32 1.29% SOL $191.85 3.41% PEPE $0.000018 -0.40% SHIB $0.000022 0.95% DOGE $0.31 0.39% XRP $2.23 0.69% ETH Gas (gwei) 6.02
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Crypto Editor Ilija Rankovic
Crypto Editor Ilija Rankovic Author Profile Share
Copied Fact Checked by Medb Kiely-Cuddy
Author Medb Kiely-Cuddy Author Profile Last updated: December 24, 2024 04:00 EST
The cryptocurrency industry has evolved from being a Bitcoin-only industry to one that has seen an increasing demand for easy-to-use, secure, and versatile wallets. There are a variety of wallet options available today and NOW Wallet stands out as a high-performance wallet that accepts multiple cryptocurrencies.
NOW Wallet, developed by ChangeNOW instant crypto exchange, has been able to build a strong reputation in a short period of time. In this review of NOW Wallet, we will take an in-depth look at its main features and much more.
| Type of Wallet | Mobile app for Android and iOS. Desktop app for macOS, Windows, and Linux. |
| Custodianship | Non-custodial multi-currency wallet. |
| Supported Crypto Assets | Supports over 50 coins, including Bitcoin, Ethereum, Dogecoin, Monero, and thousands of ERC-20 tokens. Additionally, it also supports a number of blockchain networks including Binance Smart Chain. |
| Fee for Transferring Crypto | The use of the wallet is free. However, transferring cryptocurrencies may involve fees derived from network costs or traditional forms of payment, such as credit cards. |
| Features | User-Friendly Interface Multi-Currency Support Secure Transactions Integration with dApps Staking In-App Exchange Service Fiat On-Ramp NFT Support |
In a Nut Shell: An All-In-One Wallet for Easy Trading and Storage
NOW Wallet is a leading non-custodial and secure cryptocurrency wallet that is intended for all kinds of users. This wallet supports a wide variety of cryptocurrencies such as Bitcoin and Ethereum, to name just a few. Users can store, buy, exchange, and stake cryptocurrencies via any mobile and desktop device.
With high-tech security features such as local storage of private keys, recovery phrases, and biometric authentication, NOW Wallet seeks to give maximum protection to its users. Offering the ability to buy, swap, and stake crypto all within the app, NOW Wallet is a great choice for crypto users looking for a comprehensive solution that’s also easy to use.
What Type of Wallet Is NOW Wallet?
NOW Wallet is a non-custodial wallet, meaning users have complete control of their assets, security, and privacy. Since its launch in 2021, NOW Wallet has become a vital part of ChangeNOW’s ecosystem of services that are part of the digital economy.
NOW Wallet takes advantage of the opportunities of the WalletConnect ecosystem by providing seamless access to 50+ coins and 15,000 tokens.
What Cryptocurrencies Can You Hold on NOW Wallet?
With NOW Wallet, users have the ability to manage 50+ coins and thousands of tokens from 7 networks, all from a single location. The wallet supports the largest market cap cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), as well as a wide variety of altcoins such as Monero (XMR). With such a wide range, NOW Wallet aims to meet the growing market demands in the cryptocurrency industry.
What Can You Exchange on NOW Wallet?
First of all, NOW Wallet provides a convenient, fast, and cost-effective way to buy cryptocurrency using traditional fiat-based payment tools. The platform supports around 60+ fiat currencies, including EUR, GBP, CHF and USD.
When buying crypto through the fiat on-ramp, there is a wide range of payment methods accepted. NOW Wallet is fully integrated with the bank transfer system along with payment cards such as Mastercard and Visa. Additionally, it allows the use of fiat currencies from both Apple Pay and Google Pay systems.
NOW Wallet works with major crypto payment processors to realize the most competitive rates, although you should keep in mind that these services need users to perform KYC verification.
One of the standout features of NOW Wallet is its in-app crypto swap features. This is possible thanks to its integration with the ChangeNOW exchange which supports crypto-to-crypto transactions and cross-chain swaps without using a centralized exchange.
Alongside cryptocurrencies, NOW Wallet allows the storing, transferring, and receiving of non-fungible tokens (NFT). While there are many crypto wallets on the market today, most make the process of buying or swapping crypto complex. With NOW Wallet, you can easily manage every aspect of your portfolio with just one app.
NOW Wallet Fees & Commissions
Now it is time to talk about NOW Wallet fees and commissions, which are detailed below.
| To Send/Exchange Crypto | Sending or exchanging cryptocurrencies via NOW Wallet is free; however, users must pay the network fee related to the blockchain. These charges depend on network congestion and are not set by NOW Wallet. |
| To Buy Crypto | The purchase of cryptocurrencies through NOW Wallet is not free of charge, because you have to take into account the fees that may be applied by third-party providers integrated into the application, for example, credit card processors or bank transfers. The fees are modified according to the chosen payment method and provider. |
| NOW Wallet | Free |
| ChangeNOW Pro | Free with VIP Plan $15 per month with Emerald Plan $100 per month with Brilliant Plan |
Is NOW Wallet User-Friendly?
NOW Wallet is designed for any type of user regardless of their level of experience. The interface is intuitive, with features clearly laid out and easy to find. You can store, sell, buy, exchange, stake, and manage digital assets all in one place.
It enables the manual addition of blockchain tokens that are compatible with the Ethereum Virtual Machine (EVM), as well as tokens on the Tron blockchain. Similarly, NOW Wallet allows users to interact seamlessly with DApps thanks to WalletConnect, so its functionality goes beyond being used exclusively for transactions.
NOW Wallet Mobile App Experience
NOW Wallet is available as a mobile app for both Android and iOS devices. The wallet prioritizes user experience and user interface to make the processes as simple as possible, especially for users who are new to the cryptocurrency market.
In the application, users can store, buy, exchange, and stake cryptocurrencies as well as manage NTFs from their mobile devices. Additionally, the app supports more than 50 coins and 15,000 tokens and makes it easy to connect to decentralized applications.
Desktop Experience
As with its mobile application, NOW Wallet also has a desktop version for macOS, Windows, and Linux computers that offers the same functionalities as the mobile one. In addition, it is possible to connect to decentralized applications, and its interface is much more optimized for larger screens to provide a better user experience.
You can download NOW Wallet for desktop through the official ChangeNOW website or, if you prefer, through the Microsoft Store.
NOW Wallet Staking
NOW Wallet offers built-in staking features, making it possible for users to generate passive income by participating in the network’s consensus staking.
Currently, NOW Wallet supports well-known cryptocurrency stakes such as Tron (TRX), NOW Token (NOW), Solana (SOL), Binance Coin (BNB), Cosmos (ATOM), Tezos (XTZ) and Cardano (ADA).
NOW Wallet Additional Features
It’s time to talk about other features that NOW Wallet brings. For companies interested in cryptocurrency integrations, NOW Wallet has a vision of customization that works for partners to achieve their specific business objectives. To this end, the wallet creates high-performance cryptocurrency payment gateways for e-commerce, influencer marketing, and gaming performance, among others. In addition to secure storage and management of cryptocurrencies, NOW Wallet invites all partners to be part of marketing activities.
Another relevant feature is ChangeNOW Pro. But what is it? By joining the Pro ecosystem, new customers get access to a set of premium offering tools in both NOW Wallet and ChangeNOW. With Pro, cryptocurrency users can benefit from cashback on their transactions, make use of their own domains to accept cryptocurrencies, and generate interest on loans.
There are three ChangeNOW Pro packages available: a free version (VIP) and two paid options, available for $15 (Emerald) or $100 (Brilliant) per month, depending on the plan. Benefits include cashback of up to 0.2% for every exchange, anti-money laundering (AML) checks, and a custom domain name.
Tools & Resources
NOW Wallet focuses primarily on exchange services and storage, rather than resources or tools for trading. However, it has features that make it easy to both trade and manage cryptocurrencies, which can be of great help for trading activities. Some of these functions are:
Multi-Currency Support
NOW Wallet fully supports a variety of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Monero (XMR), ERC-20 tokens, and more, making it easy for users to manage a diversified portfolio.
Educational Content
Although NOW Wallet itself does not focus on intensive trading education, its ecosystem partner, ChangeNOW, provides articles, guides, and updates that allow users to stay informed about the latest market trends and other cryptocurrency-related topics of interest.
Integration with dApps
The wallet integrates seamlessly with decentralized apps (dApps), including those from Ethereum, Binance Smart Chain, and Polygon networks, making it possible for users to explore DeFi features and tools that are useful for investment operations.
NOW Wallet Security
For NOW Wallet, security is a key aspect for all its users. For this reason, and thanks to the fact that it is a non-custodial wallet, users have control of their credentials to better manage their investments in the world of cryptocurrencies. It is important to note that NOW Wallet has developed a series of comprehensive measures aimed at protecting users’ funds.
In this review of NOW Wallet we will take a look at these measures below:
Biometric Access
Users can protect access to their wallet using biometric authentication, either facial recognition or fingerprint if preferred, additionally there is also PIN protection.
User Responsibility
As a non-custodial wallet, users are responsible for following best security practices to protect their assets. NOW Wallet stresses the importance for users not to use public Wi-Fi networks when accessing the wallets. It also recommends that users never share login credentials or their information could be at risk.
Encryption of mnemonic phrases
Wallets are protected with 12 or 24-word mnemonic phrases to make both information retrieval and security much easier.
NOW Wallet Customer Support
NOW Wallet aims to provide users with the highest quality experience, especially in terms of errors and customer support. The wallet has a responsive customer support service that aims to address all customer queries and questions. Users can access this 24/7 through a live chat in the app. This means that whether it’s questions regarding operations, transactions, or other issues, users can talk to a helpful and knowledgeable support team that will resolve 99% of questions or technical issues.
NOW Wallet Reputation
Our NOW Wallet review analyzed public domain reviews. That gave us the ability to analyze and evaluate NOW Wallet’s reputation among existing users. NOW Wallet has a score of 4.3/5 on Google Play across its 217 reviews. Highlights from reviews include ease of use, the regular addition of new features, and the wide range of coins supported — especially Monero (XMR).
It also has a score of 3.8/5 on the App Store where some iOS users highlight its simplicity and functionality.
As far as TrustPilot is concerned, NOW Wallet has a rating of 2.1/5. Most of their dissatisfaction comments are regarding funding their accounts using cryptocurrencies. However, as mentioned above, many customers have positive feedback about the interface and how easy it is to use the mobile app as well as remarking that NOW Wallet has an excellent user support service.
How to Get Started with NOW Wallet
Setting up a wallet takes just a couple of minutes. You can start using NOW Wallet in a few simple steps:
1). Download application
The application can be downloaded on the official website as well as through the App Store or Google Play.
2). Create a new wallet or import the information if you already have one
You can create a new wallet or import an existing one with your recovery phrase. However, be careful! If you create a new wallet, it comes with a 12/24-word seed phrase that you must store safely. It may not be possible to restore the wallet if the phrase is lost.
3). Accept Terms of Service and Privacy Policy
In this step, you must accept both the Terms of Service and the Privacy Policy to proceed to the next step.
4). Configure the security of your wallet
Now, you will be asked to set up a 4-digit PIN code. FaceID is also optional and we recommend this additional security measure. Once these steps are completed, your wallet will be created.
5). All ready!
It’s all ready! Enjoy the full power of NOW Wallet: store, buy, sell, exchange, and stake cryptocurrencies securely.
By completing these steps you will be able to access your NOW Wallet account and have the option to make transactions quickly and securely.
Conclusion
In conclusion, throughout our review of NOW Wallet, we have talked about its main features and functionalities that make it an ideal option for any type of investor. NOW Wallet is available for any type of device, both desktop and mobile. As a non-custodial wallet, users have control of their credentials without relying on a third party. The wallet also supports different forms of transfers and purchases quickly and securely.
Overall, our review found that it is a great option for someone looking to manage and build their portfolio all through one app.
FAQS
Is NOW Wallet safe?
NOW Wallet is secure. It is a non-custodial wallet, which means that users have full control of their assets and credentials. The wallet has also developed comprehensive security measures such as biometric access.
How does NOW Wallet work?
NOW Wallet users can buy, exchange, store, and stake cryptocurrencies. Users are in full control of their keys and can make transactions instantly.
Is NOW Wallet free?
Yes, NOW Wallet is available for download on any type of device for free.
References
Source: cryptonews.com
