Investing in cryptocurrencies in Taiwan? Choosing the right exchange is crucial for security and cost-efficiency. This guide compares 6 major Taiwanese crypto exchanges, focusing on exchange rates, features, and reliability to help you make informed decisions.
(Data is accurate as of the writing date. Verify details before trading.)
What Is a Virtual Currency Exchange?
A virtual currency exchange (or cryptocurrency exchange) facilitates trading digital assets like Bitcoin, Ethereum, and stablecoins (e.g., USDT). Exchanges fall into two categories:
- Local Exchanges: MAX, BitoPro, ACE (supports NTD deposits).
- Global Exchanges: Binance, OKX (broader asset selection but limited fiat support).
Local platforms offer direct bank transfers, while global exchanges often require credit/debit card purchases.
How to Choose a Taiwanese Crypto Exchange
Consider these 4 key factors:
- Security: Bank trust accounts, regulatory compliance.
- Liquidity: Higher volume = faster trades.
- Product Variety: Supported coins/stablecoins.
- Fees: Deposit, withdrawal, and trading costs.
Check metrics on CoinMarketCap or CoinGecko for transparency.
👉 CoinMarketCap vs. CoinGecko: A Detailed Comparison
Comparison of 6 Taiwanese Crypto Exchanges
| Exchange | MAX/MaiCoin | BitoPro | ACE | Bitgin | HOYAbit | Rybit |
|----------------|-------------|---------|------|--------|---------|--------|
| Founded | 2018 | 2018 | 2018 | 2020 | 2022 | 2022 |
| Trust Bank | KGI Bank | None | KGI | KGI | KGI | KGI |
| NTD/USDT Rate | 30.437 | 30.369 | 30.374 | 30.422 | 30.461 | 30.34 ✅ |
| Trading Pairs | 34 | 24 | 44 | 3 | 5 | 1 |
Key Notes:
- Rybit offers the lowest USDT exchange rate.
- MAX leads in liquidity and trading volume.
- Avoid cross-bank withdrawals to save on NT$15 fees.
Top Picks for Specific Needs
🏆 Best for USDT Conversion: Rybit
- Lowest fees, instant NTD→USDT swaps.
- 👉 Sign Up for Rybit
🏆 Best for Trading: MAX, BitoPro, ACE
- High liquidity, diverse coin support.
FAQs
1. Which Taiwanese exchange is best for beginners?
Rybit (simple interface) or ACE (educational resources).
2. Are funds safe on local exchanges?
NTD is bank-trusted, but crypto assets lack insurance.
3. Can I trade globally from Taiwan?
Yes—use Binance or OKX for lower fees and advanced tools.
Final Recommendation
- Convert NTD to USDT: Rybit (best rates).
- Active Trading: MAX/ACE/BitoPro (liquidity).
- Global Trading: Binance, OKX (lower slippage).
Disclaimer: Cryptocurrencies are volatile. Conduct your own research (DYOR).