ChangeNOW Achieves Sub-2-Minute Crypto Swap Times

ChangeNOW, a leading crypto exchange platform, has announced a significant achievement in the Web3 exchange space by reducing its average cryptocurrency processing time to under two minutes, with a median of four minutes. This milestone marks a substantial improvement in the platform's operational efficiency and user experience.

ChangeNOW has evolved from a fast, secure, and limitless instant crypto exchange to a comprehensive platform where over 5 million users worldwide store, exchange, trade, and stake their crypto assets. The platform's enhanced speed is a response to the growing importance of transaction times in user behavior. A 2024 survey of South Korean crypto investors revealed that 26.8% ranked deposit and withdrawal speed as the most important factor when choosing an exchange, surpassing both liquidity and reputation.

This trend is further supported by Binance’s 2024 Global User Survey, which found that 17.2% of respondents cited transaction speed and ease as a key reason for entering the crypto market. These findings underscore the shift in user preferences, where transaction speed is no longer a bonus but a baseline expectation.

Pauline Shangett, Chief Strategy Officer at ChangeNOW, highlighted the platform's progress, stating, “Two years ago, 10-minute swaps were the norm. Today, we’re consistently delivering under two.” She emphasized that this speed is not just fast for Web3 but is on par with the fastest crypto transfer solutions in fintech.

The platform's performance was independently validated in the July 2025 Swapzone Industry Report, which benchmarks real-time swap speeds across leading instant-exchange platforms. According to the report, the current industry median is 9-10 minutes, placing ChangeNOW among the top performers in the non-custodial segment.

Shangett further noted, “Speed has become mission-critical. As real-world use cases scale and institutions demand fintech-grade UX from decentralized platforms, we anticipate sub-minute swaps becoming the industry standard by 2026. Latency will no longer be tolerated, especially in cross-chain and payment-focused applications. We’re building infrastructure that meets that bar today, not years from now.”

This development is significant for several reasons. Faster swap times can lead to increased user satisfaction and loyalty, as traders can execute their transactions more quickly and efficiently. This can also potentially reduce the risk of price slippage, a common issue in volatile markets where delays can result in unfavorable exchange rates. Additionally, the enhanced speed can make ChangeNOW a more competitive player in the crowded crypto exchange market, where speed and reliability are key differentiators.

ChangeNOW's achievement also reflects the broader trend of technological innovation within the cryptocurrency industry. As blockchain technology continues to evolve, exchanges are increasingly focusing on improving their infrastructure to offer faster, more secure, and user-friendly services. This trend is likely to continue, with other exchanges following suit to stay competitive.

In summary, ChangeNOW's report of achieving sub-2-minute crypto swap times is a significant development in the Web3 exchange space. It demonstrates the exchange's commitment to technological advancement and user satisfaction, setting a new standard for speed and efficiency in cryptocurrency trading. This achievement is likely to have a positive impact on user experience and market competitiveness, further solidifying ChangeNOW's position in the industry.