The crypto exchange platform ChangeNOW has reached a new performance milestone, officially announcing an average cryptocurrency processing time of under two minutes, with a median of four minutes, placing it at the forefront of transaction speed and user experience among non-custodial services in Web3. As Web3 platforms mature, crypto transfer times have become a decisive factor in user behavior, not just in theory, but in measurable preference. A 2024 survey of South Korean crypto investors found that 26.8% ranked deposit and withdrawal speed as the most important factor when choosing an exchange, ahead of both liquidity and reputation. Crypto users seek fast transactions Meanwhile, Binance’s 2024 Global User Survey, based on responses from over 27,000 participants, reported that 17.2% cited transaction speed and ease as a key reason for entering crypto in the first place. Transaction speed is no longer a bonus, it’s a baseline. Most exchanges still lag far behind. “ Two years ago, 10-minute swaps were the norm. Today, we’re consistently delivering under two, ” said Pauline Shangett, Chief Strategy Officer at ChangeNOW. “ That’s not just fast for Web3, it’s 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. ChangeNow strives for low latency as industry standard “ Speed has become mission-critical, ” Shangett added. “ 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. ” ChangeNow is carrying over $54M in daily volumes, focusing on swaps for top crypto coins and stablecoins. The market also operates as a crypto management platform, offering access for retail Web3 users. The exchange has evolved since 2017, growing its reach to 5M users worldwide. Over the years, ChangeNow moved on from simple swaps to add Web3 services, custodial storage, trading, and staking.
