The cryptocurrency landscape in Taiwan is experiencing dynamic growth, supported by an evolving regulatory framework. Starting January 2025, the Financial Supervisory Commission (FSC) will require Virtual Asset Service Providers (VASPs) to register and comply with anti-money laundering (AML) standards. This shift has strengthened investor confidence and encouraged global and local platforms to offer seamless services tailored to Taiwanese users.
For investors looking to enter the crypto market using New Taiwan Dollar (TWD) deposits, selecting a reliable exchange is crucial. Below, we explore the top five crypto exchanges serving Taiwan, each offering secure TWD onboarding, strong compliance, and diverse trading features.
Top 5 Cryptocurrency Exchanges in Taiwan
1. Bybit – Leading Choice for Advanced Traders
Bybit stands out as one of the most trusted crypto exchanges in Taiwan, combining regulatory compliance with a powerful suite of trading tools. With over 67 million global users and a daily trading volume exceeding $30 billion, Bybit delivers a robust platform ideal for both beginners and experienced traders.
The exchange supports more than 1,800 cryptocurrencies, including spot, perpetual contracts with up to 125x leverage, and options trading. Unique features like Copy Trading allow users to mirror strategies from successful traders, enhancing profit potential without constant market monitoring.
Automation is another strength—tools like Grid Trading Bots help users execute systematic strategies around the clock. Additional offerings include Bybit Earn for passive income, Bybit Card for real-world crypto spending, and TradeGPT, an AI-powered assistant providing market insights.
Key Highlights:
- Trading Fees: 0.1% for spot trades
- Supported Assets: 1,800+ cryptocurrencies
- Regulation: Compliant with FSC guidelines; holds multiple international licenses
- TWD Deposit Methods: Bank transfer, credit/debit cards, Samsung Pay, Apple Pay, Google Pay, Alipay, and JKOPAY
2. Gate.io – Broadest Crypto Selection
Founded in 2013, Gate.io has grown into a major player with over 21 million registered users worldwide. It's particularly popular in Taiwan due to its vast selection of over 3,800 digital assets, Mandarin support, and direct TWD deposits via CTBC and other local banks.
Gate.io excels in innovation, offering products like Leveraged ETFs, futures trading, and margin markets. Its Web3 Gateway provides access to decentralized applications (dApps), multi-chain staking, and cross-chain swaps—making it a one-stop hub for both centralized and decentralized finance.
Additional features include Gate Pay for instant crypto payments, Gate Card for global spending, and Moments, a social feed that keeps users updated on industry trends.
Key Highlights:
- Trading Fees: Starts at 0.2% for spot trading
- Supported Assets: Over 3,800 cryptocurrencies
- Regulation: Fully compliant with Taiwan’s FSC requirements
- TWD Deposit Methods: Bank transfer, credit/debit cards, Apple Pay, Google Pay, Samsung Pay
3. Binance – Global Scale, Local Accessibility
As the world’s largest cryptocurrency exchange by volume, Binance serves over 260 million users across 100+ countries—including a strong presence in Taiwan. Known for its comprehensive product suite, Binance supports spot, futures, options, and NFT trading with full Mandarin interface support.
Investors benefit from multiple earning avenues: staking, savings accounts, crypto lending, and participation in Launchpad projects offering early access to promising new tokens.
Security remains a top priority. Binance conducts regular Proof of Reserves audits and offers 24/7 customer support in Chinese. Despite being a global platform, it integrates well with local needs through TWD deposits via bank transfers and third-party providers like Simplex and Banxa.
Key Highlights:
- Trading Fees: 0.1% spot fee; reduced when paying with BNB
- Supported Assets: 350+ major cryptocurrencies
- Regulation: Internationally regulated and aligned with FSC standards
- TWD Deposit Methods: Bank transfer, debit/credit cards, Simplex, Banxa
4. MaiCoin Max – Trusted Local Exchange
MaiCoin Max is Taiwan’s leading domestic exchange, launched under the reputable MaiCoin Group in 2018. Based in Taipei, it’s designed specifically for local users seeking a compliant, user-friendly platform with deep liquidity and advanced API support for algorithmic traders.
The exchange offers competitive trading fees averaging 0.15%, with VIP tiers providing further reductions based on trading volume. Users can also earn MAX tokens through trading activity and referral rewards—adding extra value beyond basic transactions.
Security is reinforced through patented AMIS WS threshold signature technology and continuous monitoring systems. What sets Max apart is its localized deposit options: convenience store payments, ATM deposits, Line Pay, and Taiwan Pay—all seamlessly integrated.
Key Highlights:
- Trading Fees: Competitive rates starting at 0.15%
- Supported Assets: 50+ major cryptocurrencies
- Regulation: Fully licensed under Taiwan’s FSC framework
- TWD Deposit Methods: Bank transfer, convenience stores, ATMs, Taiwan Pay, Line Pay
5. KuCoin – Ideal for Altcoin Enthusiasts
KuCoin has built a strong reputation among altcoin traders, offering access to over 900 cryptocurrencies, including early-stage projects. With more than 39 million users globally and a daily trading volume exceeding $2.3 billion, it’s a vibrant community-driven platform.
Taiwanese investors appreciate KuCoin’s intuitive Chinese interface and easy TWD deposits via credit/debit cards and digital wallets like Apple Pay and Google Pay.
Trading features include futures, margin trading, leveraged tokens, and KuCoin Earn—a program that lets users generate passive income through staking and flexible savings plans. The GemSPACE launchpad enables early participation in emerging blockchain projects.
Key Highlights:
- Trading Fees: 0.1% spot fee; discounts for KCS token holders
- Supported Assets: 900+ cryptocurrencies
- Regulation: Not locally regulated but accessible in Taiwan
- TWD Deposit Methods: Credit/debit cards, Apple Pay, Google Pay
Frequently Asked Questions (FAQ)
Q: Is cryptocurrency legal in Taiwan?
A: Yes. While crypto is not legal tender, it is recognized as a digital asset. The FSC regulates exchanges under AML laws, requiring registration and compliance starting in 2025.
Q: Are crypto exchanges in Taiwan safe?
A: Reputable platforms like Bybit, Binance, and MaiCoin Max follow strict security protocols—including cold storage, two-factor authentication (2FA), and regular audits—ensuring high protection for user funds.
Q: How are crypto gains taxed in Taiwan?
A: Profits from selling crypto are treated as "property transaction income" under the Income Tax Act and taxed accordingly. Businesses operating exchanges pay a 5% business tax and 20% corporate income tax.
Q: Can I deposit TWD directly into crypto exchanges?
A: Yes. Most top platforms support direct TWD deposits via bank transfer, credit card, or local payment methods like Line Pay and convenience store payments.
Q: Which exchange offers the lowest fees in Taiwan?
A: Bybit and KuCoin offer some of the lowest spot trading fees at 0.1%, especially when using native tokens or meeting volume thresholds.
Q: Do I need to verify my identity to use these exchanges?
A: Yes. All regulated platforms require KYC verification—submitting ID and proof of address—to comply with AML regulations.
Final Thoughts
Taiwan's maturing crypto ecosystem presents exciting opportunities for retail and institutional investors alike. Whether you're interested in Bitcoin trading, altcoin exploration, or passive income through staking, choosing the right exchange is key.
Bybit leads with innovation and compliance; Gate.io offers unmatched variety; Binance brings global scale; MaiCoin Max delivers trusted local service; and KuCoin caters to altcoin enthusiasts.
No matter your strategy, ensure your chosen platform supports secure TWD deposits, strong regulation, and user-friendly tools that align with your financial goals.