Navigating the world of cryptocurrency in Taiwan requires trusted, compliant exchanges that support seamless TWD deposits and withdrawals. This comprehensive guide covers the top local platforms—XREX, BitoPro, and MAX—detailing their registration processes, deposit and withdrawal methods, fee structures, security measures, and unique advantages. Whether you're a beginner or an experienced trader, this article helps you make informed decisions while optimizing costs and safety.
XREX Exchange: Local Compliance Meets Global Standards
XREX stands out as a homegrown cryptocurrency exchange in Taiwan, offering legal on-ramps for TWD and USD funding. It caters especially to users seeking dollar-denominated transactions—a rare feature among regional platforms.
Registration & KYC Verification Process
Signing up with XREX is straightforward:
- Visit the official website and click “Register.”
- Provide your email and create a secure password.
- Complete identity verification (KYC) using a government-issued ID.
- Submit a selfie holding your ID for facial recognition.
The entire process typically takes under 24 hours. Once verified, users gain access to full trading, deposit, and withdrawal functionalities.
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Key Features and Benefits
- Dual Fiat Support: Deposit and withdraw both TWD and USD, ideal for international investors or expats.
- Low Trading Fees: Competitive rates comparable to major global exchanges.
- Regulatory Compliance: Holds necessary licenses from Taiwanese financial authorities, ensuring legal operation.
- Institutional-Grade Security: Uses cold wallet storage and multi-signature technology.
Is XREX Safe?
Yes. XREX was founded by cybersecurity experts with backgrounds in blockchain infrastructure. Backed by reputable venture capital firms, the exchange maintains transparent operations and regularly undergoes third-party audits. Its compliance with Anti-Money Laundering (AML) regulations further enhances user trust.
BitoPro: Taiwan’s Leading Domestic Exchange
BitoPro is one of the most widely used cryptocurrency exchanges in Taiwan, known for high liquidity and seamless integration with local banking systems.
How to Deposit Funds on BitoPro
Users can fund their accounts through three primary methods:
- Bank Transfer: Direct transfer from any major Taiwanese bank. Funds usually reflect within 1–2 hours.
- Convenience Store Payment: Use FamiPort at FamilyMart locations to deposit cash. Ideal for those without online banking.
- Crypto Transfers: Send USDT, BTC, or other supported tokens directly to your wallet address.
Each method has different limits and processing times, but all are designed for ease of use.
Withdrawing TWD and Crypto
Withdrawing funds from BitoPro is equally simple:
- Go to the “Withdraw” section.
- Choose between fiat (TWD) or cryptocurrency.
- For TWD, link your bank account and confirm the amount.
- Processing time is typically 1–3 business days, with minimal fees.
Pro tip: Schedule withdrawals early in the week to avoid weekend delays.
Avoiding Scams on BitoPro
BitoPro is not a scam—it’s a licensed platform adhering to strict regulatory standards. However, phishing attempts and fake customer service accounts are common. Always:
- Use only the official website.
- Enable two-factor authentication (2FA).
- Never share your password or verification codes.
👉 Learn how to protect your digital assets with advanced security tools.
MAX Exchange: High Rewards and Low-Cost Trading
MAX is another top-tier exchange serving Taiwanese users, combining low fees with generous referral incentives.
Deposit Methods and Cost-Saving Tips
MAX supports:
- TWD bank transfers
- Crypto deposits (BTC, ETH, USDT, etc.)
To reduce transaction costs:
- Use MAX tokens (MAX) to pay fees and receive up to 50% discounts.
- Take advantage of periodic zero-fee trading events.
Referral Program: Save Up to 60% on Fees
By entering a referral code during registration—such as 91ded008—new users instantly receive a 20% discount on trading fees. When combined with MAX token fee rebates, total savings can reach 60%.
This makes MAX particularly attractive for active traders looking to maximize returns.
How to Buy Bitcoin Using FamiPort Points
A unique feature available in Taiwan is purchasing crypto via convenience store loyalty points. Here’s how:
- Log into your BitoPro account.
- Navigate to the “FamiPort” deposit option.
- Convert FamiPoints into TWD credit.
- Use the balance to buy Bitcoin or USDT directly.
This method lowers entry barriers for first-time investors who may not have direct bank access or prefer cash-based transactions.
Top 5 Legal Crypto Exchanges in Taiwan (2025)
Based on compliance, user experience, security, and service range, here are the leading platforms:
- XREX – Best for USD/TWD dual fiat support
- BitoPro – Highest liquidity and local adoption
- MAX – Most rewarding referral program
- KadoMoney – Strong institutional backing
- ACE Exchange – Focus on enterprise clients
All five are registered under Taiwan’s Financial Supervisory Commission (FSC) guidelines, ensuring fund protection and regulatory oversight.
Frequently Asked Questions (FAQ)
Is it legal to trade cryptocurrency in Taiwan?
Yes. Cryptocurrency trading is legal in Taiwan as long as it occurs on licensed exchanges complying with AML and KYC regulations.
Can I deposit USD into a Taiwanese crypto exchange?
Yes—XREX is currently the only major exchange offering direct USD deposits and withdrawals, making it ideal for foreign investors or overseas residents.
How long do withdrawals take on BitoPro?
TWD withdrawals typically take 1–3 business days. Crypto withdrawals are processed within minutes, depending on network congestion.
Are referral codes safe to use?
Yes, referral codes only apply fee discounts and do not grant access to your account. Always register through the official site to avoid fraud.
What should I do if my deposit doesn’t appear?
First, check the transaction hash. If confirmed on-chain but not credited, contact customer support with proof of transfer.
Does using MAX tokens really reduce fees?
Absolutely. Holding and using MAX tokens for fee payments unlocks tiered discounts, reducing overall trading costs significantly.
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This guide ensures you stay informed about secure, compliant ways to enter and exit cryptocurrency positions in Taiwan—maximizing convenience, minimizing risk, and optimizing every transaction.