8 Best Crypto Exchanges In Taiwan

January 20, 2024
Blog

Choosing the best cryptocurrency exchange in Taiwan isn’t easy, given all the options out there and the different features each of them offers. As an avid crypto investor myself, I diligently keep up with the movements of the top exchanges in Taiwan, and have made my selections below based on years of research and personal experience.

Kraken is the favorite among knowledgeable Taiwanese crypto investors, both for its high level of security and for its ease of use. Kraken's fees are also extremely low, so if you’re looking for a secure, cost-effective way to buy and sell crypto in Taiwan, I can’t recommend Kraken highly enough.

Here’s something you may not realize: the cryptocurrency exchange you choose matters. Your choice will impact how profitable your trades are, how easily you can buy and sell coins, and whether you can use it in Taiwan at all.

Fortunately, I've been investing in crypto for more than 9 years, and I frequently update my list of the top platforms below. So if you’re looking for a safe and secure crypto exchange that’s easy to use, supports the New Taiwan dollar, and is compatible with the biggest financial institutions in Taiwan, you’ve come to the right place.

Here are my top picks for the best crypto exchanges Taiwan has to offer.

1. Kraken – Best Overall

Best Overall
Kraken

Fees: 0.16%
Security: Best in class
Customer Support: Excellent

Top-notch security + lowest fees.

★★★★★

Rated 4.9/5

Based in the United States, Kraken is a highly transparent exchange with a longstanding history of reliability. As one of the largest crypto exchanges in the world, Kraken outperforms smaller exchanges for a number of reasons.

For starters, Kraken's fees are far lower than most other exchanges, with most users paying 0.16% per transaction (fees decrease down to 0% if you trade high volumes). Kraken's spreads are also absurdly low, typically around $0.10 per Bitcoin, which is 0.0003%. Compare that with other exchanges—which routinely charge up to 2% in trading commissions plus an additional 2% or more in spreads—and it's easy to see why Kraken is such a popular exchange.

Kraken also has better customer support than most other exchanges, and is one of the only exchanges out there that still offers telephone support (available in English, French and Spanish). It supports 100+ cryptocurrencies and has a world-class trading platform and mobile app that's powerful yet easy to use.

If that wasn't enough, Kraken's trading platform is professional and robust, offering features like NFT trading, staking and support for a wide range of fiat currencies including USD, EUR, and more.

Overall, Kraken is an excellent fit for many crypto investors because it has lower fees, better support and a better trading platform overall. If you're looking to start trading crypto, we strongly recommend Kraken.

Features

  • Extremely low trading commissions (0.16%)
  • Extremely low spreads (0.0003%)
  • Trade 100+ cryptocurrencies
  • Stake 100+ cryptocurrencies
  • Simple, intuitive user interface
  • Kraken Crypto Watch allows you to keep track of the crypto market
  • NFT trading inside the Kraken app
  • 24/7 customer support via phone, email and live chat
  • Plenty of free educational resources available to users
  • 95% cold storage policy

Cost

  • Trading Fees: 0.16% (spot trades cost 0.26%)
  • Spreads: 0.0003%
  • Fiat Deposit Fee: 0%
  • Fiat Withdrawal Fee: $0 – $5 USD

Best For

Cryptocurrency investors looking to trade with extremely low fees.

2. Capital – Zero Trading Fees

Zero Fees
Capital

Trading fees: 0%
Supports: 100+ coins
Customer support: Excellent

Trusted by millions.

★★★★★

Rated 4.9/5

Capital allows users to trade crypto alongside stockscommodities, forex, market indices, ETFs and more—all without any trading fees. It supports 100+ cryptocurrencies, and users can trade with 2x leverage on crypto (up to 500x leverage on other assets).

Capital charges a tight spread ranging from 0.1% – 0.3% (depending on the asset), making the overall cost of using the platform (0% trading commissions + 0.1% – 0.3% spreads) very low. It has a fully functional desktop platform, a well-rated mobile app (4.7/5 on Android and iOS), and an excellent demo account where you can practice trading with real assets in real time.

Capital is licensed by the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority (FCA) in the UK, which means it’s a safe, secure platform. Every user receives a dedicated account manager they can reach by email or phone anytime, which is part of the reason Capital’s customer support team receives such positive reviews.

Deposits and withdrawals are always free with Capital, and you’ll never pay trading commissions regardless of whether you place spot orders or limit orders. Capital is ISO 27001 certified for meeting robust information security standards, making it an extremely safe platform to trade with.

The biggest drawback of Capital is that it can take several days to have your account verified since their verifications team is overwhelmed with signups right now. If you sign up using my referral link, though, you can skip the waitlist and start trading immediately.

I’ve personally used Capital for more than 4 years, and based on my experiences and those of millions of other users, I can’t recommend it highly enough. 

Features

  • Zero trading commissions
  • Tight spreads (0.1% – 0.3%) 
  • Supports 100+ cryptocurrencies
  • Allows up to 500x leverage (2x leverage on crypto)
  • Fully functional demo account for paper trading
  • Free deposits and withdrawals via debit/credit cards, bank transfer, POLi, PayPal, Apple Pay, etc.
  • Dedicated account manager you can reach at any time
  • Excellent desktop trading platform
  • Well-rated mobile app (4.7/5 on both Apple and Google)
  • Licensed by the Australian Securities and Investments Commission (ASIC)
  • ISO 27001-certified for meeting extremely high information security standards

Cost

  • Trading fees: 0%
  • Spreads: 0.1% – 0.3%
  • Deposits & Withdrawals: Free

Signup Bonus

Skip the waitlist and have your account approved immediately by using my referral link below.

Best For

Investors looking for the best overall crypto trading experience with no trading commissions.

3. Bitstamp

Bitstamp is one of the world's largest and oldest crypto exchanges; it is geared towards experienced traders and has over 4 million active users worldwide. It offers competitively low fees ranging from 0.1% to 0.5% and many payment options; you can use credit or debit cards and SEPA transfers.

Bitstamp is partnered with large financial institutions like Swissquote, Chicago Mercantile Exchange and Crédit Agricole. Bitstamp fully insures your assets and keeps them safe offline – in cold storage. Bitstamp provides both hot and cold storage.

New Bitstamp users receive a $20 bonus after funding their account, and you can immediately use it to buy any of the 53 cryptocurrencies available.

Features

  • Extremely low trading fees (0.1%-0.5%)
  • Buy crypto with fiat currency, credit cards or bank transfers
  • 24/7 customer support available via phone, live chat or email
  • Instant account verification
  • Supports 53 of the largest cryptocurrencies
  • Access to a crypto wallet
  • Hot and cold wallet storage

Cost

  • Account Opening: Free
  • Credit Card Purchases: 5%
  • Debit Card Withdrawal: Flat $10 (USD)
  • SEPA Fees: €0 for deposits, €3 for withdrawals
  • Trading Fees: From 0.5% to 0.1% (0.5% for trades below $10,000)
  • International Wire Transfer: 0.05% for deposits, 0.1% for withdrawals

Signup Bonus

$20 signup bonus

Best For

Experienced investors looking for professional investing tools and data.

4. CEX.IO

CEX.io is a cryptocurrency exchange based in the United Kingdom that was founded in 2013 and has worldwide availability. Traders and investors may use it to buy, sell, borrow, and earn various cryptocurrencies.

There are a lot of tradable assets and sophisticated trading tools available, which will appeal to seasoned cryptocurrency traders. Beginners, on the other hand, may get lost in the plethora of advanced features offered by the platform.

Features

  • Plenty of cryptocurrencies supported (100+)
  • Allows you to do margin trading
  • Allows you to stake cryptocurrencies and earn rewards for doing so
  • Institutional services for businesses and advanced traders
  • 24/7 customer support
  • Mobile access

Cost

  • Maker fee: Between 0.10% and 0.25%
  • Taker fee: Between 0% and 0.16%
  • Deposit fees: 2.99%

Best For

Cryptocurrency investors looking for an exchange with a wide array of supported altcoins and stablecoins.

5. Gemini

Gemini is a cryptocurrency exchange based in New York and regulated by the NYDFS. Currently, Gemini supports over 50 cryptocurrencies, including some of the biggest like Bitcoin, Ethereum, Litecoin and Bitcoin Cash.

Some of Gemini’s best features include the MyPortfolio dashboard, from which you can control all your transactions and see the history of all your trades, and the ActiveTrader platform, ideal for seasoned crypto investors looking for advanced charting tools, multiple order types and block trading.

For new traders, Gemini offers a $10 bonus credited directly to your account; it can be used to invest in more crypto immediately.

Features

  • Great User Interface
  • ActiveTrader platform
  • “My Portfolio” Feature
  • Gemini Mobile App
  • Supports over 50 cryptocurrencies

Cost

  • Trading Fees: From 2.99% to 0.99% (based on volume)
  • Debit Card Deposit: 3.49% 
  • Mobile App Fee: 0.5%
  • Monthly Withdrawals: 10 free withdrawals every month

Signup Bonus

$10 signup bonus

Best For

New and experienced investors looking for an intuitive platform and advanced investing tools.

6. Changelly

Changelly is a non-custodial crypto exchange service based in Prague, Czech Republic. Established in 2016, it doesn’t offer services as a wallet – you’ll need to link a wallet before you can purchase crypto – but rather it finds you the best deals for your crypto by indexing a number of exchanges.

With over 3 million monthly users, Changelly is partnered with crypto giants like Binance and crypto wallets like Trezor and Exodus and offers very low fees starting at 0.25%. It supports 200 of the largest cryptocurrencies, including Bitcoin, Ethereum, Ripple, and Litecoin, and to start trading, you don’t have to complete a KYC verification, which means you can sign up just with your email

Changelly offers many payment methods, including Visa, Mastercard, Apple Pay and bank transfers. If you refer a friend you can receive 2% on all fiat-to-crypto transactions and 0.125% on all crypto-to-crypto transactions

Features

  • Integration with various crypto wallets
  • Supports 200 cryptocurrencies
  • 24/7 customer support available via live chat or email
  • Accepts Visa, Mastercard, Apple Pay and bank transfers

Cost

  • Account Opening
  • Floating Rate Fee: 0.25%
  • Fixed Rate Fee: 0.25%
  • Withdrawal Fees: Free
  • Account Management Fees: Free

Signup Bonus

2% back on fiat-to-crypto transactions and 0.125% back on crypto-to-crypto transactions

Best For

Investors looking for the lowest deals on crypto and no KYC verification requirements.

7. Bybit

Bybit is a crypto exchange with a wide range of trading tools, and it is one of the few exchanges that offers access to crypto derivatives, such as futures. Its trading fees start at 0.1%, and withdrawal fees vary depending on the cryptocurrency.

Bybit supports 15 of the largest cryptocurrencies, including Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. Additionally, it stores 100% of your funds in cold storage, and reviews each withdrawal request to prevent unauthorized transactions. 

As a new Bybit user you’ll receive a $40 bonus after funding your account. You also have the option to place up to 100x leverage on your crypto trades.

Features

  • Advanced trading options
  • Supports 15 cryptocurrencies
  • 100x leverage on crypto
  • Access to charts and data
  • Demo account and test-net environment
  • Educational resources
  • 24/7 multilingual customer support available 
  • Instant account verification

Cost

  • Account Opening: Free
  • Trading Fees: From 0.1% to 1.0%
  • Withdrawal Fees: Depends on the currency
  • Derivatives Fees: From 0.01% to 0.06%
  • Maker’s Rebate: 0.025%
  • Taker’s Fees: 0.075%

Signup Bonus

None

Best For

Knowledgeable investors looking for crypto trading, top-level security and derivatives.

8. Liquid

Liquid.com is a cryptocurrency trading platform based in Tokyo, Japan. It supports 10 fiat currencies, including USD, JPY, SGD, and HKD, and over 100+ crypto assets. It was founded in 2014 and consistently ranks among the top 10 exchanges in the world – in terms of volume and liquidity. On top of the spot trading platform, it also supports margin trading with up to 25x leverage on select crypto assets.

In terms of fees, Liquid is ahead of many exchanges – for starters, it doesn’t charge fees for depositing any of their 10 supported fiat currencies or the 100+ supported cryptocurrencies. For crypto withdrawals, you only pay network fees (0.0005 BTC for Bitcoin), and for fiat withdrawals, the fee ranges from 0.1% – 0.55% depending on the method you choose.

Liquid.com uses a tiered maker/take fee system based on volume. Taker’s fees start at 0.30% and can go as low as 0.03% (or even lower if you pay using QASH). Maker’s fees are lower, starting at 0.20%, and users can get up to a 50% rebate by referring friends – coupled with the trading volume rebate, it’s very easy to list your crypto without paying any fee.

Features

  • Margin trading
  • Supports 100+ cryptocurrencies
  • Supports 10+ fiat currencies
  • Customer support available 24/7
  • Up to 25x leverage
  • 95% Cold storage policy
  • Secured with Multi-party computation (MPC) protocols

Cost

  • Maker’s Fees: From 0.20% to 0.0% (based on 30-day trading volume)
  • Taker’s Fees: From 0.30% to 0.03% (based on 30-day trading volume)
  • Deposit Fees (Crypto): Free
  • Withdrawal Fee (Crypto): Depends on the crypto (0.0005 BTC for Bitcoin)
  • Deposit Fees (Fiat): Free
  • Withdrawal Fee (Fiat): From 0.0% to 0.55% (depending on the method)
Why you should trust me

  • Experienced
    I bought my first cryptocurrency (Bitcoin) in 2013, bought Ethereum in 2017, and have held active accounts with at least 5 exchanges since 2018.
  • Unbiased
    All of my selections are supported by multiple data points, including crypto thought leaders, security experts, and Trustpilot reviews.
  • Deep Research
    My team and I spent more than 20 hours researching exchanges before choosing our top picks, and we update them almost daily as the industry continues to change.

What To Look For In A Great Taiwanese Crypto Exchange

I consider many different factors in my search for the best Taiwanese crypto exchange. Here are just a few of the more prominent ones:

  • Supported coins: The best Taiwanese crypto exchanges support a wide variety of coins—at least 20 or 30—including all the major coins like Bitcoin, Ethereum, and Dogecoin. Platforms that add new coins regularly tend to be more customer-focused overall, making this a strong indicator of a forward-thinking exchange.
  • User interface: Choosing a platform with an easy-to-use trading interface is important, especially for beginners. If you're a seasoned crypto investor, you'll also want to look out for exchanges that offer more advanced features like advanced order types and transaction exports for tax purposes.
  • Fees: All crypto exchanges charge fees (both in the form of trading commissions and bid-ask spreads), and they can vary by a wide margin. I've specifically chosen low-fee platforms here to help you maximize your profits.
  • Regulation: It's much safer to trade with a well-regulated exchange than an unregulated one, especially when markets aren't moving in your favor. Depositors' insurance is another safeguard offered by some exchanges, which keeps your assets safe even if the platform itself faces liquidity issues.
  • Deposit & withdrawal options: The exchange you choose should offer a variety of payment methods (bank transfers, debit/credit cards, PayPal, etc.) to ensure you can easily transfer funds in and out of your account. The more options you have, the better.
  • Security: Look for an exchange that strictly enforces multiple layers of security, such as two-factor authentication and at least 95% cold storage. Additional security measures like daily offsite backups, third-party security audits, and email confirmations on transactions make your account even more secure.
  • Customer support: The best crypto exchanges pride themselves on having well-trained, responsive support teams who can help users through any problems that come up. I pay particular attention to the channels each exchange offers support through, response times, the thoroughness and helpfulness of their responses, and user feedback on the customer support they've received.

In Summary

Choosing the best cryptocurrency exchange in Taiwan isn’t easy, given all the options out there and the different features each of them offers. As an avid crypto investor myself, I diligently keep up with the movements of the top exchanges in Taiwan, and have made my selections below based on years of research and personal experience.

Kraken is the favorite among knowledgeable Taiwanese crypto investors, both for its high level of security and for its ease of use. Kraken's fees are also extremely low, so if you’re looking for a secure, cost-effective way to buy and sell crypto in Taiwan, I can’t recommend Kraken highly enough.

Best Crypto Exchange Taiwan FAQs

Which Taiwanese crypto exchange has the lowest fees?

The Taiwanese crypto exchange with the lowest fees is generally Kraken, depending on the specific crypto assets you're trading. In most cases, Kraken will be the cheapest option.

What’s the best crypto wallet in Taiwan?

The best crypto wallet is the Ledger Nano S hardware wallet. It is the best way to keep your private keys secure and, more importantly, offline. All Ledger wallets are certified by the French National Agency of Security and are among the safest and most cost-efficient wallets out there, and they support 1,200+ crypto assets, coins, and tokens.

What’s the best altcoin exchange in Taiwan?

The best altcoin exchange in Taiwan is one of Kraken, Capital, or CoinSmart. All of them support a wide variety of cryptocurrencies and regularly add more of the altcoins Taiwanese investors are looking for.

What is the safest crypto wallet in Taiwan?

The Ledger Nano S is the safest wallet available today. All Ledger wallets far exceed industry standards for security: they use tamper-resistant Certified Secure Element (SE) with Common Criteria (CC) EAL5+ chips on their nanodevices, which means your private key stays on the secure chip. It also has a proprietary operating system called Blockchain Open Ledger Operating System (BOLOS) that's successfully undergone audits from the French National Agency of Security, many other government agencies, as well as regular audits from independent security organizations. 

What’s the safest crypto exchange in Taiwan?

The safest cryptocurrency exchange in Taiwan is Kraken. They strictly enforce bank-level security protocols, run on servers in secure locations around the world, and undergo frequent financial and security audits to ensure all of their users’ assets are completely safe. They also have some of the lowest fees of any platform in Taiwan and are known for being a reputable, trustworthy exchange.

How can I sell Bitcoin in Taiwan?

There are several different ways to sell Bitcoin in Taiwan, though the easiest is to sell it directly from the crypto wallet or exchange that you’re holding it on. Remember to be cautious whenever you transfer coins between wallets, since blockchain transactions are irreversible.

What crypto exchange is best for beginners in Taiwan?

The best crypto exchange for beginners in Taiwan is Kraken, followed by Capital. Both are ideal for beginners because they verify accounts instantly, have easy-to-use trading platforms, and provide great customer support in case you need any help along the way.

Is cryptocurrency legal in Taiwan?

Yes, cryptocurrency is legal in Taiwan, and you can buy, sell and use crypto without breaking the law. However, cryptocurrency is not currently considered legal tender in Taiwan, which means the Taiwanese government and Taiwanese businesses are not legally obligated to accept it as payment for goods and services.

What’s the best crypto app in Taiwan?

The best crypto app in Taiwan is Kraken. Its mobile app is very easy to use, has a nice, modern interface, and has very good ratings and reviews on both the Apple App Store and the Google Play Store.

What is the best crypto exchange for day trading in Taiwan?

The best crypto exchange for day trading in Taiwan is Kraken, since it has low trading fees, tight spreads, and its prices update multiple times per second, giving day traders an upper hand over the rest of the market.

Can the Taiwanese government track cryptocurrency?

Yes. Just like in places such as China, India, Hong Kong and Thailand, Taiwanese tax authorities can track cryptocurrency trades and transactions—and not only when your digital assets interact with real-world institutions like banks. Some exchanges in Taiwan are required by law to provide the government with information about their users’ transactions, including purchase price, purchase date, sale value, and all associated KYC data. If your tax returns don’t match the data the government receives from these exchanges, you may receive a fine.

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