Cryptocurrency investment has become increasingly accessible in Taiwan, and MAX Exchange stands out as one of the most trusted local platforms for buying and selling digital assets with TWD. As a subsidiary of the well-established MaiCoin Group, MAX offers a seamless gateway for both beginners and experienced investors to enter the crypto market.
This comprehensive guide walks you through everything you need to know about MAX Exchange in 2025 — from security and compliance to step-by-step registration, KYC verification, deposits, trading, and withdrawals. We’ll also reveal how to reduce your trading fees to as low as 40% off.
Whether you're new to crypto or looking for a reliable local exchange, this article covers all the essentials with clarity and precision.
👉 Discover how to start trading with lower fees today.
How to Buy Cryptocurrency with TWD: A Step-by-Step Overview
Buying Bitcoin or other cryptocurrencies using Taiwanese dollars (TWD) is simple when you follow the right process. Here’s the standard flow on MAX Exchange:
- Register an account on a licensed crypto exchange
- Complete identity verification (KYC)
- Deposit TWD into your exchange wallet
- Buy crypto at a low price
- Sell at a higher price
- Withdraw TWD back to your bank account
This straightforward journey makes it easy for anyone to begin investing in digital assets — safely and legally.
MAX Digital Asset Exchange is recognized as Taiwan’s largest digital asset platform and the world’s first exchange to place user funds under bank-held trust accounts, ensuring top-tier financial protection.
— Official Company Statement, MAX Medium
Where Does MAX Rank Among Crypto Exchanges?
In Taiwan’s domestic market, MAX leads in trading volume, consistently ranking as the #1 local exchange. Its strong regulatory compliance and user-first approach have solidified its reputation.
Globally, according to CoinGecko, MAX ranks #40, while CoinMarketCap places it at #74 — impressive for a platform primarily serving the Taiwanese market.
While international exchanges dominate global rankings, MAX’s performance reflects its stability and trustworthiness within a smaller, highly regulated environment.
What’s the Difference Between MaiCoin and MAX?
Many users confuse MaiCoin and MAX — they’re related but serve different purposes.
- MaiCoin: Operates as a brokerage (middleman) where you buy directly from the platform at fixed prices.
- MAX: Functions as an order-book exchange, allowing users to place buy/sell orders and trade peer-to-peer.
Both are operated by MaiCoin Group, founded in 2013. The group launched MaiCoin in 2014 and introduced MAX in 2018 to offer more advanced trading features.
👉 Learn how order-book trading gives you more control over your investments.
Understanding this distinction helps you choose the right platform based on your trading style and goals.
Is MAX Exchange Safe?
Yes — MAX is one of the safest cryptocurrency exchanges in Taiwan.
As one of the earliest exchanges launched in March 2018 during Bitcoin’s surge past $20,000, MAX quickly established itself with a key innovation: full legal trust protection for user funds via banks.
Unlike many platforms that collapsed during recent bear markets, MAX remained stable — a testament to its solid infrastructure and regulatory adherence.
Key Security Features:
- ✅ Licensed under Taiwan’s Financial Supervisory Commission (FSC)
- ✅ Full KYC/AML compliance
- ✅ User funds held in bank trusts
- ✅ Real-time transaction monitoring
- ✅ Cold wallet storage for crypto assets
With the highest trading volume in Taiwan, MAX combines security, compliance, and ease of use — making it ideal for both new and experienced investors.
Is MAX Exchange Legitimate?
Absolutely. MAX operates legally under strict regulations set by Taiwan’s Financial Supervisory Commission (FSC).
The company behind MAX, Modern Wealth Technology Co., Ltd., is listed on the FSC’s official registry of virtual currency platforms compliant with anti-money laundering (AML) laws — the first in Taiwan to achieve this status.
Regulatory Highlights:
- Complies with Anti-Money Laundering Act
- Implements full KYC verification
- Uses trust accounts for all TWD deposits
- Regular audits and reporting
You can verify their status on the FSC’s official list.
Is MaiCoin a Legitimate Platform?
Yes. MaiCoin Group is a pioneer in Taiwan’s blockchain industry, known for prioritizing compliance and security since its founding in 2013.
As the first crypto firm in Taiwan approved under FSC AML regulations, MaiCoin has built a strong foundation of trust — extending directly to MAX Exchange.
Their commitment to transparency, user protection, and financial integrity makes them a top choice for local investors.
How to Sign Up on MAX: Step-by-Step Registration
Getting started on MAX is quick and intuitive. Below is a mobile-first guide (desktop works similarly).
🔹 Step 1: Download & Register
- Download the MAX app from the App Store or Google Play
- Tap “User” > “Sign In / Sign Up” > “Sign Up”
- Enter your email and password
- Input referral code:
55ceed13(required for fee discount) - Confirm via email verification
💡 Using this code unlocks exclusive benefits — don’t skip it.
🔹 Step 2: Complete KYC Verification
To comply with regulations, you must verify your identity:
- Go to “User” > “Account Settings”
- Fill in personal details: name, birthday, nationality
- Verify phone number via SMS
Upload:
- Front & back of ID card
- Second ID (health insurance card, driver’s license, etc.)
- Handheld photo holding ID and note with current date
- Link your bank account for deposits/withdrawals
📌 Pro Tip: When taking the handheld photo, keep your face, ID, and note close together and focus the camera on the ID text for clearer results.
Approval typically takes 3–7 business days.
How to Deposit TWD (Fiat Inflow)
Once verified:
- Tap “Wallet” > “TWD” > “Deposit”
- Click “Show Bank Account” — this displays MAX’s dedicated trust account
- Transfer funds from your linked bank account to this number
✅ Funds usually arrive within 1 hour
⚠️ Must use your pre-registered bank account
You can also increase transfer limits by setting MAX’s account as a "designated recipient" in your online banking.
How to Buy Cryptocurrency
After depositing TWD:
- Go to “Wallet” > “TWD”
- Select the cryptocurrency (e.g., BTC)
On the order screen:
- Choose Market Order: Buy instantly at current price
- Enter amount (e.g., 0.01 BTC ≈ NT$3,000)
- Or tap 50%/100% buttons for quick inputs
- Tap “Buy” to confirm
You can also use Limit Orders to set a target price.
How to Sell Cryptocurrency
To cash out:
- Navigate to your crypto wallet (e.g., BTC)
- Tap “Sell”
- Select “Market” or “Limit”
- Enter amount (use 100% button to sell all)
- Confirm “Sell”
Proceeds will be credited in TWD.
How to Withdraw TWD (Cash Out)
- Go to “Wallet” > “TWD” > “Withdraw”
- Read terms and click “I Understand”
- Enter amount and submit
🕒 Processing time:
- Before 11:00: Same day (by 17:00 next business day)
- After 11:00: Within 1–2 business days
Non-business day requests are processed on the next business day.
What Are MAX’s Fees?
Understanding fees helps maximize returns:
| Fee Type | Cost |
|---|---|
| Trading (Maker) | 0.05% |
| Trading (Taker) | 0.15% |
| TWD Withdrawal | NT$15 per transaction |
💡 Maker = Order waits in book
Taker = Order executes immediately
👉 Compare low-fee trading options across top exchanges.
Frequently Asked Questions (FAQ)
Is MAX Exchange legal in Taiwan?
Yes. MAX is fully licensed under Taiwan’s Financial Supervisory Commission (FSC) and complies with anti-money laundering (AML) regulations through its parent company, Modern Wealth Technology.
Can I use a credit card on MAX?
No. MAX does not support credit card deposits. Only bank transfers and convenience store payments are accepted. This restriction helps prevent overspending and promotes responsible investing.
How long does KYC verification take?
Typically 3–5 business days, though it may extend during high-volume periods. Bank verification follows after identity approval.
Does MAX offer lower trading fees?
Yes! By using referral code 55ceed13, you get 6 months of 20% off trading fees. Combined with holding MAX tokens, total savings can reach up to 60%, effectively reducing costs to just 40% of standard rates.
What are the deposit and withdrawal limits?
- Minimum trade: NT$250
- Daily deposit limit: NT$2 million
- Daily withdrawal limit: NT$1 million
Limits help ensure security and regulatory compliance.
Is MAX suitable for beginners?
Absolutely. With its intuitive interface, strong security, local language support, and educational resources, MAX is one of the most beginner-friendly exchanges in Taiwan.
Final Thoughts: Should You Use MAX Exchange?
MAX Exchange has earned its place as Taiwan’s leading cryptocurrency platform through consistent innovation, regulatory compliance, and user protection.
While no investment is risk-free, MAX minimizes operational risks with bank-trusted funds, transparent policies, and robust security measures.
Whether you're buying your first Bitcoin or managing a diversified portfolio, MAX offers a secure, efficient, and user-friendly experience tailored for the Taiwanese market.
Remember: Always do your own research before investing. Cryptocurrencies are high-risk assets — only invest what you can afford to lose.
👉 Start your crypto journey with confidence on a trusted global platform.