Why Change Now In Tangem Wallet Not Working – Causes & Fixes

In this article, I will answer the question of why the “Change Now” feature in Tangem Wallet does not work.

A lot of users report not being able to swap their cryptocurrencies instantly, and it’s important to pinpoint the reasons to resolve their issues.

I will point out the reasons and the solutions to mitigate these reasons so that your wallet can function perfectly.

What Change Now?

Change Now works as a cryptocurrency exchange service which is embedded in wallets like Tangem Wallet enabling users to instantly swap one cryptocurrency for another, without creating an account. It offers simple, fast, and custodial swaps for a variety of digital assets.

Unlike traditional exchanges, Change Now exchange does not require lengthy verification processes, which makes it suitable for quick conversions.

It calculates utmost current retention rates in real-time for all active cryptocurrencies, and it does it without losing money, and net of block chain fees.

Inversely, in wallets which support Change Now, users can perform swaps in a visually meaningful way and simplicity, which makes digital asset management intuitive.

Why Change Now In Tangem Wallet Not Working

Shortcomings of Functionality

Slow internet connection

If your internet connection is weak, Tangem Wallet may not be able to communicate properly and could cause the “Change Now” feature to not work. This is why having a stable connection is crucial to prevent failed swaps.

Congestion on a blockchain

Traffic on a blockchain can cause delays or even block the “Change Now” feature. swap requests may seem to take longer or get stuck, and the wallet seems to wait forever while not getting even the faintest signal from the blockchain.

Wallet Functionality

Using an older version of Tangem Wallet

Change Now’s recently added features may not be in older versions of Tangem Wallet. There is an abundance of functionality in the app not available to the user because it is outdated. This loss of productivity, however, can be avoided.

The more recent versions

There is an routine of software bugs, and updating the wallet as each of these occur is advisable. Almost all “Change Now” features are more stable and reliable in the most recent version, making it the go-to for people wanting to swap money with ease.

Funds Are Not Enough or Hitting Limits

Minimum swap amount not met

For certain currency exchanges, Change Now might have a specific minimum amount that needs to be met before a transaction may be executed. If your wallet balance is lower than this amount, this feature will not be actioned. Avoiding this by checking your balance beforehand will help you not lose money on failed transactions in the future.

Transaction Fees Impacting on Swaps

Transaction fees for the Blockchain known as gas may damage the inner workings of a swap, and is usually the underlying cause of failure in such transactions. So long as transaction fees are greater than what is left as the balance after the swap is executed, the transaction will fail. Swappers need to take fees into consideration if they want their transactions to go through.

Geo-Specific Limitations

Change Now is available in certain countries

Change Now may not be a service offered in some parts of the world as a result of local laws. Users within such countries will often see the feature fail or may have it not be available at all. It is important to confirm availability of certain functions before attempting to execute swaps.

Legal constraints and compliance restrictions

Legitimate boundaries may stop some transactions to go through. It is also possible that the Swap feature will not be available or blocked in certain territories in case there is a failure to meet compliance requirements. Change Now may also not fully function for some users due to the restrictions within the regulations.—

Server downtimes or technical hitches

Issues on the backend of Tangem Wallet or Change Now platforms are temporary

Server issues or maintenance along with backend malfunctions can still impact Change Now processes. Operations are different based on the capabilities of each backend, and some processes can still get stuck even with the best backends–this is known as a swap failure.

Troubleshooting Steps

Check Internet Connectivity

Stable internet is important: weak or intermittent connections may impede “Change Now” feature functionality.

Update the Tangem Wallet App

Bugs need to be fixed and “Change Now” feature compatibility issues resolved. Download the most recent version of Tangem Wallet.

Confirm the Wallet Balance and Minimum Swap Value

Ensure there are sufficient funds. If the minimum swap requirement is not met, transactions may not go through.

Clear Cache and Data, or Reinstall The Application

Feature malfunctions due to the presence of corrupted data. Clear the Tangem Wallet app cache or reinstall.

Contact Tangem Wallet Support If The Problem Persists

Troubleshoot the problem using relevant steps first. If that does not help, get in touch with Tangem Wallet support.

Pros and Cons Why Change Now in Tangem Wallet Not Working

Conclsuion

In conclusion, the “Change Now” function of Tangem Wallet may not be functional due to network problems, insufficient balance, the app not being the latest version, regional limitations, or even temporary server glitches.

Users will be able to combat most issues providing seamless cryptocurrency swaps by understanding the reasons outlined here and following the necessary basic steps such as troubleshooting the app, verifying connectivity, and balance.

FAQ