When evaluating cryptocurrency exchanges, one of the most critical factors is liquidity—driven primarily by active users and market makers. To grow their user base, exchanges deploy various marketing strategies, with referral programs being among the most effective. These programs create viral growth by incentivizing existing users to bring in new traders. In Taiwan, several platforms offer referral commissions, but which one truly stands out in generosity?
This article compares the top crypto exchanges in Taiwan based on their referral commission structures, focusing on benefits for both referrers and referees. We'll analyze key platforms like MAX, Bitopro, ACE, Shubi (數寶), and BitAsset, highlighting their reward mechanisms, fee discounts, and long-term value.
Why Referral Programs Matter in Crypto Exchanges
Referral systems are more than just marketing tools—they're strategic growth engines. By rewarding users for bringing in new traders, exchanges boost trading volume, deepen market liquidity, and build community engagement. For users, these programs offer passive income opportunities and transaction cost savings, especially for frequent traders.
Core keywords: crypto exchange Taiwan, referral program, commission rebate, trading fee discount, passive income crypto, MAX exchange, ACE exchange
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MAX Super Referral Program: Leading the Pack
Founded in 2014, MaiCoin is Taiwan’s first digital asset platform. Its subsidiary, MAX Exchange, offers seamless TWD deposits and withdrawals and partners with Far Eastern Bank for asset trust custody—adding a layer of financial security rare among local exchanges.
Launched on December 23, 2019, the MAX Super Referral Program delivers exceptional value for both parties:
Benefits for the Referred User (Referee)
- 6-month 20% discount on trading fees (80% of standard rate)
- Additional 50% discount when paying fees with MAX Token
- Combined, this results in a 40% fee rate—the deepest discount among major Taiwanese exchanges
Benefits for the Referrer
- Earn 35% commission on the referee’s trading fees
- Boost to 70% commission (no cap) by staking at least 5,000 MAX Tokens
- Commissions are paid in the same currency as the traded asset
- If fees are paid in TWD, rewards are converted to equivalent USDT value
Example Calculation:
If a referee incurs NT$10,000 in trading fees:
- Without MAX Token: Pays NT$8,000 → Referrer earns **NT$2,800 (35%) or NT$5,600 (70%)** with staking
- With MAX Token: Pays only NT$4,000 → Referrer earns **NT$1,400 (35%) or NT$2,800 (70%)**
This structure rewards active participation and long-term commitment. Staking MAX Tokens not only cuts personal fees but also doubles referral income—making it ideal for high-volume traders seeking passive income.
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Bitopro: Limited-Time Referral Incentives
Bitopro, launched in 2017 by BitoEX, supports TWD transactions and offers its native BITO token, which grants a 50% discount on trading fees when used.
However, Bitopro currently does not run an active referral commission program. A past promotion (ended October 31, 2019) offered:
- Referrers: 30% commission on referees’ trading fees
- Duration: 90 days from Level 2 verification
- Reward paid in BITO if fees were settled in BITO
While attractive at the time, the lack of an ongoing program makes Bitopro less competitive today. Notably, TWD-paid fees did not qualify for rebates unless BITO was involved—highlighting a gap compared to MAX’s USDT conversion policy.
ACE Exchange: Dual-Tier Rewards & Sign-Up Bonuses
ACE runs two referral-related campaigns (originally active through 2020):
1. "Friend Recruitment Campaign"
- Both referrer and referee receive NT$50 worth of ETH upon successful Level A verification
- No trading required
- Unlimited referrals
This low-barrier bonus is excellent for new users looking for instant value.
2. Commission Referral Program
- Level 1 (Direct): 50% commission on referee’s trading fees
- Level 2 (Indirect): 10% commission on second-tier referrals
- Total potential: Up to 60% return with two active tiers
Example:
If your direct referral generates NT$10,000 in fees and their referral generates another NT$10,000:
(NT$10,000 × 50%) + (NT$10,000 × 10%) = NT$6,000 commission
However, rebates apply only when buying crypto with TWD (fee charged in crypto), not when selling (fee in TWD). Also, commissions beyond the second tier are excluded.
ACE’s model encourages network building but lacks longevity compared to MAX’s ongoing program.
Shubi (數寶): Simple but Time-Limited
Built on Huobi Cloud technology, Shubi supports OTC, spot, and margin trading across hundreds of assets.
Its referral system is straightforward:
- Referrers earn 10% commission on referees’ trading fees
- Valid for 120 days from registration
- No rewards after the period ends
- Deposit/withdrawal fees excluded
While simple, the short 4-month window limits long-term earning potential—especially for users who refer high-frequency traders.
BitAsset: Currently No Active Program
BitAsset, launched in 2018, offers spot, futures, ETFs, and staking services with multi-currency support (TWD, USD, CNY). However, its referral system was suspended after an upgrade announcement on December 17, 2019. As of now, no timeline has been provided for relaunch—making it inactive for referral purposes.
Final Verdict: MAX Takes the Crown
After comparing all major platforms:
| Feature | MAX | ACE | Bitopro | Shubi |
|---|---|---|---|---|
| Referee Discount | ✅ Up to 60% off | ✅ NT$50 bonus | ❌ None | ❌ None |
| Referrer Commission | ✅ Up to 70% (with staking) | ✅ Up to 60% (two tiers) | ⏳ Past only | ✅ 10% (120 days) |
| TWD Fee Rebate | ✅ Converted to USDT | ⚠️ Only on buys | ❌ No rebate | ❌ No mention |
| Long-Term Value | ✅ Ongoing | ⏳ Limited time | ❌ Inactive | ⚠️ Time-limited |
MAX Exchange clearly leads by offering:
- The highest fee discounts for new users
- The most generous commission rates for referrers
- Unique TWD-to-USDT conversion for rebates
- Ongoing program with no end date
No other exchange in Taiwan matches MAX’s balance of immediate incentives and long-term earning potential.
Frequently Asked Questions (FAQ)
Q: Which exchange offers the best referral commission for active traders?
A: MAX Exchange offers up to 70% commission for staking users—ideal for those referring frequent traders.
Q: Can I earn rewards just for signing up a friend?
A: Yes. ACE Exchange gives both parties NT$50 in ETH upon verification—no trading needed.
Q: Do any exchanges reward referees?
A: Only MAX and ACE offer benefits to new users. MAX provides fee discounts; ACE gives a sign-up bonus.
Q: Are referral rewards available indefinitely?
A: Only MAX offers ongoing rewards. Shubi limits commissions to 120 days; ACE’s program ended in 2020.
Q: What happens if fees are paid in TWD?
A: Most exchanges exclude TWD-paid fees from rebates. MAX is unique—it converts them to equivalent USDT value.
Q: How can I maximize my referral income?
A: Stake 5,000 MAX Tokens to double your commission rate to 70%, and refer users who trade frequently.
👉 Start building your crypto referral income today with a platform that rewards long-term growth.