ChangeNOW API for Crypto Wallet Businesses: How to Increase Revenue with Customizable Commissions

For cryptocurrency wallets, it is not enough to simply offer various features in the highly competitive cryptocurrency market. But rather to find a balance between increasing revenue of the company and keeping its users satisfied. Managing commissions plays a huge role in reaching this balance. By fine-tuning the fees, crypto wallets can let users get the best rates while boosting the bottom line.

And that's where ChangeNOW's powerful API steps in, providing customizable commissions that help crypto wallets reach this balance. Today's article will review how our flexible commission structure can help you boost your revenues while keeping your users loyal and satisfied.

Key Takeaways

1. Customizable Commissions for Growth: ChangeNOW’s API allows crypto wallets to adjust commission rates to attract more users and maximize revenue, whether through high-frequency, low-volume transactions or larger exchanges.

2. Seamless User Experience: By integrating ChangeNOW’s API, wallets can offer users a complete crypto exchange solution without leaving the wallet, improving retention rates and satisfaction.

3. Cost-Effective Integration: The API eliminates expenses for swap processing, network maintenance, and the addition of new coins, providing a free, hassle-free way to enhance wallet functionality.

4. Reliable Support and Flexibility: With 24/7 personalized support, over 1,225 supported cryptocurrencies, fiat integration, and flexible profit withdrawal options, ChangeNOW sets a new standard for wallet service providers.

What is ChangeNOW API?

ChangeNOW's API is a solution designed to enhance your wallet’s functionality. With our powerful API your platform serves as an all-in-one solution, enabling users to buy, sell, and exchange their crypto without leaving your wallet.

Earning with ChangeNOW API: How Does It Work?

One of the most attractive features for wallet providers in the ChangeNOW API is the commission they can earn. The default affiliate commission is 0.4% on every transaction that goes through your platform. But here’s the real beauty of ChangeNOW’s API:

• You can adjust the commission structure to suit your needs — whether that’s increasing or decreasing the commission rate.
• Set different commissions for specific currency pairs. For example, you can set higher fees for rare pairs like "BTC/XMR", or apply lower fees on popular pairs like "BTC/USDT" to attract more users.

This flexibility enables setting commission rates within the realms of your business model, allowing you to generate more income from higher-frequency, low-volume transactions or larger exchanges. Additionally, you can attract users by offering competitive rates that stand out from those of your competitors, helping to differentiate your platform in the market.

How ChangeNOW API Benefits Your Wallet

Here are some key advantages of integrating ChangeNOW’s API into your crypto wallet:

1. It is absolutely free for you! We don’t charge any fees for integration, as well as provide free support throughout our partnership.
2. Transactions take only 1-2 minutes on average.
3. We support over 1,225 cryptocurrencies, with new hyping coins added every week.
4. ChangeNOW gives the best rate for currency conversion, allowing your users to get the best price that is available.
5. Your users won’t need to leave your wallet to make exchanges, keeping them within your ecosystem and improving retention rates.
6. With our fiat partners integration, you can offer your users the ability to buy and sell cryptocurrency directly within the wallet, utilizing over 50 fiat currency options.
7. KYC is needed only in 0.5% of exchanges, meaning your platform doesn't have to compromise on user privacy to fit into most regulatory standards.
8. Access to 10+ liquidity providers, including both DEXes and CEXes.
9. 24/7 support team always ready to assist with any issues. Not just automatic answers – we take a personalized approach to everyone.
10. By integrating the API, you outsource swap processing to us, thus eliminating expenses for maintenance, adding new networks, and managing the entire swap process.

Profit Withdrawal Flexibility

ChangeNOW offers multiple ways to withdraw earnings:

• Crypto Withdrawals: BTC, ETH, USDT (ERC20, TRC20, BSC), DOGE, USDC, XMR, BUSD, DGB, NOW.
• Fiat Withdrawals: Over 50 fiat currencies are supported, giving you and your users a wide range of options for converting crypto profits to traditional money.
• The minimum withdrawal amount: It is just 0.002 in BTC or equivalent in other currencies, making it easy for your platform to manage the flow of funds.
• The maximum withdrawal amount: There are no maximum withdrawal limits, meaning you can handle larger transactions with ease.

This flexibility in withdrawal options makes ChangeNOW’s API not only easy to integrate but highly beneficial for wallet providers looking to increase profitability.

What Makes ChangeNOW Different?

Unlike many other crypto exchange solutions, ChangeNOW operates without custody of your users’ funds, giving business owners peace of mind. Your platform will enjoy the best rates, with a fixed rate for 20 minutes, and super-fast processing times, helping to increase user engagement and retention.

Additionally, ChangeNOW offers free 24/7 support with a response time of up to 3 minutes by support manager, ensuring your wallet always runs smoothly. Whether through API integration, widget installation on your site, or referral links, ChangeNOW’s support keeps your platform reliable and efficient. Plus, we automatically process transfers made to the wrong network, so users won't even notice any issues.

The Key Benefits for Your Business

• Increase the Frequency of Transactions: By offering a quick and secure exchange service right in your wallet, users are most likely to make frequent transactions.
• Increase Revenue: Due to the customizable commissions, your wallet can adapt its monetization strategy to maximize profit from every transaction.
• Enhance User Experience: Non-custodial solution that keeps users in your ecosystem while offering competitive rates and speed of transactions.

Start Earning with ChangeNOW API

Ready to bring your crypto wallet to the next level? The integration process with ChangeNOW is quick, free, and simple:

1. Visit our API page.
2. Click the "Start your integration" button.
3. Create your personal business account.
4. You will be provided with your API key.

Once you’ve registered for an API key, you can start basic integration within 1-2 days, with full integration taking approximately 2 weeks.

So, if you're looking to increase the monetization of your cryptocurrency wallet and offer your users a seamless exchange experience, start integrating ChangeNOW API today!