Top Crypto Trading Platforms in Taiwan

Cryptocurrency trading in Taiwan continues to gain momentum, supported by a regulatory framework led by the Financial Supervisory Commission (FSC). Platforms serving Taiwanese investors adhere to these compliance requirements, offering TWD deposit options alongside comprehensive security measures. Below, we highlight the five best crypto exchanges in Taiwan.

1. Bybit

Bybit is Taiwan's premier crypto trading platform. It is appreciated for its intuitive interface, advanced security features, and diverse trading options. With over 67 million global users, it boasts a daily transaction volume exceeding $30 billion. The platform accepts TWD deposits and is accessible in Mandarin.

The exchange offers extensive trading opportunities including spot markets for more than 1,800 cryptocurrencies, perpetual futures with leverage of up to 125x, and options trading. Unique features such as Copy Trading enable users to replicate successful strategies from expert traders, increasing their potential gains. 

Additionally, automated tools like Grid Bots simplify the trading experience. Bybit also provides the Bybit Card for seamless crypto spending, staking, lending and borrowing options for passive income, TradeGPT for AI insights, demo trading accounts, and an OTC trading desk for large-volume transactions.

Platform Highlights:

• Fees: 0.1% for spot trading.
• Supported Assets: 1,800+ cryptocurrencies.
• Regulation & Licensing: Globally licensed and compliant with FSC regulations.
• TWD Deposit Methods: Bank transfers, credit cards, debit cards, Samsung Pay, Apple Pay, Google Pay, Alipay and JKOPAY.

‍2. Gate.io

‍Gate.io is a top choice for Taiwanese crypto traders, providing access to an extensive selection of over 3,800 digital assets. Established in 2013, it has attracted more than 21 million registered users. It provides Mandarin language support, straightforward navigation, and TWD deposits from CTBC and the Bank of Taiwan.

The exchange features comprehensive trading capabilities, including spot trading, leveraged ETFs, futures markets, and margin trading. Traders can also access automated bots, OTC services, and a dedicated Web3 dashboard for decentralized applications, multi-chain staking, and cross-chain crypto swaps.

It also enhances user experience through Gate Pay for seamless crypto payments, Gate Card for global cryptocurrency spending, and Moments, which informs investors of real-time industry updates. The platform further enriches user knowledge via educational resources and interactive community events.

Platform Highlights:

• Fees: Spot trading fees start from 0.2%.
• Supported Assets: Over 3,800 cryptocurrencies.
• Regulation & Licensing: Fully compliant with Taiwan’s FSC regulations.
• TWD Deposit Methods: Bank transfers, credit cards, debit cards, Apple Pay, Google Pay and Samsung Pay.

3. Binance

Binance is the world’s largest crypto exchange, with over 260 million clients across Taiwan and 100 other countries. It is popular among Taiwanese traders for its extensive offerings, a multilingual interface that is accessible in Mandarin, and several trading options, including spot, futures and options.

The platform provides multiple earning opportunities, allowing investors to gain passive returns through staking, savings accounts, lending and borrowing or yield-generating programs. Furthermore, the Launchpad offers early access to promising crypto projects, enhancing user potential for returns.

Users can also access the Binance NFT marketplace to trade and stake digital collectibles. The platform prioritizes security with rigorous measures including regular Proof of Reserves audits and responsive 24/7 Chinese-speaking customer support, ensuring peace of mind for users in Taiwan.

Platform Highlights:

• Fees: Spot trading fees starting from 0.1% with discounts available when paying with BNB.
• Supported Assets: Over 350 cryptocurrencies.
• Regulation & Licensing: Internationally regulated and compliant with FSC standards.
• TWD Deposit Methods: Bank transfer, debit cards, credit cards and third-party providers such as Simplex and Banxa.

4. Max Exchange

MaiCoin Max is the country’s leading crypto exchange based in Taipei, specifically tailored to meet local trading needs. Launched in 2018 under the reputable MaiCoin Group, MAX Exchange supports seamless crypto trading and several local deposit methods in New Taiwan Dollars (TWD). 

The exchange is known for its deep liquidity, intuitive platform interface, and sophisticated API solutions suitable for advanced and institutional traders. Traders benefit from competitive fees and a rewarding VIP discount system, where users earn MAX tokens through trading activities, enhancing their overall returns. 

MAX also prioritizes user safety, employing patented AMIS WS threshold signature technology and rigorous monitoring systems to ensure the highest security standards. Unique among local exchanges, MAX provides a rewarding referral program, incentivizing community growth through token-based rewards. 

Platform Highlights:

• Fees: Competitive fees averaging 0.15%.
• Supported Assets: Over 50 cryptocurrencies.
• Regulation & Licensing: Fully compliant with FSC standards, licensed under Taiwan’s regulatory framework.
• TWD Deposit Methods: Bank transfer, convenience-store payments, ATM deposits, Taiwan Pay, and mobile wallets like Line Pay.

5. KuCoin

KuCoin is a top exchange in Taiwan, recognized globally for its impressive selection of over 900 cryptocurrencies and vibrant trading community. Established in 2017, it is home to over 39 million investors from more than 200 countries, boasting daily trading volumes exceeding $2.3 billion. 

Taiwanese users benefit from intuitive Chinese-language support, easy deposits in New Taiwan Dollars (TWD), and advanced trading features. It provides extensive trading opportunities, including spot trading, margin trading, futures contracts, and innovative products like leveraged tokens and crypto derivatives. 

Users can also explore GemSPACE, KuCoin’s dedicated platform for discovering emerging coins, KuCoin Earn, allowing traders to generate passive income and trading bots. KuCoin prioritizes user security through Proof of Reserves audits, robust encryption methods, and advanced storage protocols.

Platform Highlights:

• Fees: Spot trading fees at 0.1%; additional discounts available for KCS holders.
• Supported Assets: Over 900 cryptocurrencies.
• Regulation & Licensing: Not regulated in Taiwan but remains accessible.
• TWD Deposit Methods: Credit cards, debit cards, Apple Pay and Google Pay.

Is Crypto Regulated in Taiwan?

​Taiwan has progressively developed its cryptocurrency regulatory framework to balance innovation with financial security. In 2013, the Financial Supervisory Commission (FSC) and the Central Bank of the Republic of China (Taiwan) issued a joint statement classifying cryptocurrencies like Bitcoin as speculative digital commodities, not legal tender.​

Recognizing the need for oversight, Taiwan amended its Money Laundering Control Act in 2018 to include virtual currency platforms as financial institutions, requiring them to implement anti-money laundering (AML) measures. Further strengthening these efforts, the FSC advanced the registration deadline for crypto exchanges to November 30, 2024. ​

Looking ahead, Taiwan plans to integrate cryptocurrencies into its national economy. The FSC is drafting legislation, expected by June 2025, to allow banks to issue stablecoins pegged to the New Taiwan Dollar (TWD). This initiative aims to enhance stability and trust in the crypto market by merging traditional finance with digital assets.

How is Crypto Taxed in Taiwan?

​Taiwan's approach to cryptocurrency taxation has evolved to address the complexities of digital asset transactions. The Ministry of Finance (MOF) classifies cryptocurrencies like Bitcoin and Ethereum as "digital assets," subjecting gains from their transactions to income tax. 

Specifically, profits from selling cryptocurrencies are treated as "income from property transactions" under Article 14 of the Income Tax Act. Taxable income is calculated by subtracting the original acquisition cost and related expenses from the sale price, with the resulting amount added to the individual's total income for taxation purposes. ​

For businesses operating cryptocurrency exchanges, the MOF imposes a 5% business tax on service fees and a 20% profit-seeking enterprise income tax on net income. However, the MOF has indicated that utility tokens such as Bitcoin and Ethereum will not be subject to the business tax, while the income from transactions using cryptocurrency will be taxed. ​

How to Buy Bitcoin in Taiwan

‍For investors looking to securely buy Bitcoin in Taiwan, selecting regulated cryptocurrency exchanges is essential. Follow these straightforward steps to acquire BTC using New Taiwan Dollars (TWD):

1. Select an Exchange: Choose a reliable crypto exchange operating legally in Taiwan, such as local options like MAX Exchange or international platforms like Bybit and Gate.io, all offering convenient deposit options in TWD.
2. Complete Account Verification: Register with your chosen platform and complete mandatory identity verification processes. This typically involves providing government-issued identification, proof of residency, and personal details.
3. Deposit Funds: Deposit TWD through available payment methods like bank transfers, debit cards, credit cards, or approved digital payment providers offered by the exchange.
4. Buy Bitcoin: Locate the Bitcoin (BTC) trading section on your exchange, enter the amount of Bitcoin you'd like to buy, carefully check associated fees and current market rates, and confirm the transaction.

By following these guidelines, investors in Taiwan can safely purchase Bitcoin using fully compliant and trusted crypto exchanges.

Final Thoughts

Taiwan’s rapidly evolving cryptocurrency landscape presents excellent opportunities, but navigating it successfully and safely means choosing digital asset exchanges wisely. 

Bybit, Gate.io, Binance, MaiCoin Max, and KuCoin each offer distinct advantages tailored to various investor needs, from extensive crypto listings to advanced security measures and convenient local payment methods.