Bitcoin has evolved from a niche digital asset into a global financial phenomenon. In 2024, its price surged past $100,000, marking a new milestone and drawing renewed interest from investors worldwide. With increasing regulatory clarity and growing adoption, more people in Taiwan are exploring how to buy Bitcoin safely and efficiently.
Whether you're a beginner or looking to refine your investment strategy, choosing the right platform is crucial. This guide walks you through everything you need to know about purchasing Bitcoin in Taiwan, including trusted exchanges like BTCC and MAX, step-by-step buying instructions, security best practices, and key considerations for selecting the ideal trading platform.
👉 Discover how to start your Bitcoin journey with confidence and ease.
Understanding Bitcoin and Why It Matters
Bitcoin (BTC) is the first and most valuable cryptocurrency by market capitalization. Unlike traditional currencies controlled by governments, Bitcoin operates on a decentralized network using blockchain technology. This means transactions are transparent, secure, and not subject to central authority interference.
Recent developments—such as the approval of Bitcoin spot ETFs, macroeconomic trends, and increasing institutional interest—have strengthened its position as a long-term store of value. Analysts project that Bitcoin could surpass $200,000 in the coming years, making now an opportune time for strategic entry.
For residents of Taiwan, accessing Bitcoin has become significantly easier thanks to localized services offered by regulated exchanges. These platforms support New Taiwan Dollar (NTD) deposits, user-friendly interfaces in Traditional Chinese, and robust customer support—making crypto investing more accessible than ever.
How to Buy Bitcoin in Taiwan: 3 Main Methods
Before diving into specific platforms, it’s important to understand the primary ways you can acquire Bitcoin:
1. Spot Trading on Cryptocurrency Exchanges
This is the most common method. You purchase actual Bitcoin at the current market price through a digital exchange. Once bought, BTC can be stored in your exchange wallet or transferred to a private (cold) wallet for enhanced security.
Popular exchanges like BTCC and MAX allow direct NTD-to-Bitcoin purchases, enabling seamless onboarding for beginners.
2. Derivatives and Futures Trading
If you want to speculate on Bitcoin’s price without owning the underlying asset, futures contracts offer leverage and two-way trading (long or short). Platforms like BTCC support up to 250x leverage (up to 500x during promotions), ideal for experienced traders seeking amplified returns.
While riskier than spot trading, derivatives provide tools for hedging and advanced strategies such as arbitrage and short-selling during market downturns.
3. Over-the-Counter (OTC) Trading
OTC involves peer-to-peer transactions where buyers and sellers exchange Bitcoin directly, often via bank transfers or cash. While useful for large-volume trades, this method carries higher fraud risks and lacks dispute resolution mechanisms—making it less suitable for newcomers.
For safety and convenience, most investors prefer regulated exchanges over OTC channels.
How to Choose a Reliable Bitcoin Exchange in Taiwan
Not all exchanges are created equal. When selecting a platform to buy Bitcoin, consider these critical factors:
âś… Security & Regulation
Ensure the exchange holds proper licenses (e.g., U.S., EU, or Canadian regulatory compliance) and employs strong security measures like cold storage, two-factor authentication (2FA), and regular audits. BTCC, for example, has operated securely since 2012 without any reported breaches.
âś… NTD Deposit & Withdrawal Support
Look for platforms that accept direct TWD deposits via local bank transfers or credit cards. This eliminates the need for intermediary stablecoins and reduces transaction friction. Both BTCC and MAX support seamless NTD funding options.
âś… Transaction Fees & Liquidity
Low trading fees matter—especially for frequent traders. Compare maker/taker rates across platforms. High liquidity ensures faster execution with minimal slippage when buying or selling large amounts. BTCC boasts deep order books capable of handling up to 5,000 BTC per trade.
âś… User Experience & Customer Support
A clean interface in Traditional Chinese and responsive live support enhance usability. BTCC offers 24/7 multilingual customer service, including real-time chat assistance during business hours—a rare advantage among global exchanges.
👉 Compare top-rated exchanges and find the best fit for your needs today.
Recommended Exchanges: BTCC vs MAX
Two platforms stand out for Taiwanese users: BTCC and MAX. Here's how they compare:
🔹 BTCC – Best for Advanced Traders & Global Access
- Founded in 2012, one of the oldest crypto exchanges
- Supports NTD deposits and withdrawals via Far Eastern Bank
- Offers spot trading, futures contracts (up to 250x leverage), and tokenized stocks (e.g., Apple, Tesla)
- Low fees: As low as 0.01% trading fee
- Unique features: Simulated trading mode, tokenized commodities (gold, silver), and equity derivatives
- Strong security with no historical hacks
Ideal for users who want flexibility beyond basic Bitcoin buying—especially those interested in leveraged trading or diversified portfolios.
🔹 MAX – Best for Beginners & Local Trust
- Operated by MaiCoin Group; launched in 2018
- Taiwan’s largest domestic exchange with physical branch in Taipei (near Zhongxiao Xinsheng MRT)
- All user NTD funds are custodied by Far Eastern Bank, enhancing trust
- Simple interface focused on spot trading
- Supports direct TWD-to-USDT/BTC trades with zero deposit fees
- Requires KYC verification but provides clear onboarding steps
Perfect for first-time investors prioritizing ease of use, local presence, and peace of mind through bank-backed custody.
Step-by-Step Guide: How to Buy Bitcoin on BTCC
Follow these steps to start trading on BTCC:
Step 1: Register an Account
Visit the official BTCC website and click "Sign Up." Enter your email or phone number, verify it with a code, and set a strong password.
Step 2: Complete KYC Verification
Go to your profile settings and submit required documents:
- Government-issued ID (passport, driver’s license)
- Proof of address (optional but recommended)
- Selfie with ID and handwritten note (for identity confirmation)
Verification typically takes 1–2 business days.
Step 3: Deposit Funds
Choose your preferred method:
- Fiat Deposit: Use credit card or local bank transfer in NTD
- Crypto Deposit: Transfer USDT or BTC from another wallet using supported networks (e.g., TRC20, ERC20)
Funds usually arrive within minutes to 30 minutes depending on network congestion.
Step 4: Buy Bitcoin
Navigate to the “Trade” section:
- Select BTC/USDT trading pair
- Choose order type: Market (instant buy), Limit (set your price), or Stop-Loss (risk management)
- Enter amount and confirm order
Alternatively, use Contract Trading to open leveraged positions with as little as $0.50 margin.
Step 5: Withdraw or Store Safely
After purchasing BTC, decide whether to keep it on BTCC or transfer it to a personal hardware wallet like Ledger or Trezor for maximum security. To withdraw:
- Go to “Wallet” > “Withdraw”
- Paste your external wallet address
- Confirm transaction with 2FA
Always double-check addresses to prevent irreversible loss.
Frequently Asked Questions (FAQ)
Q: Is it legal to buy Bitcoin in Taiwan?
Yes, cryptocurrency ownership and trading are legal in Taiwan. The Financial Supervisory Commission (FSC) regulates crypto businesses under anti-money laundering (AML) frameworks. Always use licensed exchanges like BTCC or MAX for compliance and protection.
Q: What is KYC, and why is it required?
KYC stands for “Know Your Customer,” a standard identity verification process mandated by financial regulators worldwide. It helps prevent fraud, money laundering, and terrorist financing. Most reputable exchanges require KYC before allowing deposits or withdrawals above certain limits.
Q: Can I buy partial Bitcoin?
Absolutely! Bitcoin is divisible up to eight decimal places (1 satoshi = 0.00000001 BTC). You can invest as little as $1 worth of BTC—making it accessible even with limited capital.
Q: How do I avoid scams when buying crypto?
Stick to well-known exchanges listed on CoinMarketCap or CoinGecko. Avoid unsolicited investment groups on social media promising guaranteed returns. Never share private keys or recovery phrases with anyone. Enable 2FA on all accounts for added security.
Q: Are there taxes on Bitcoin profits in Taiwan?
As of 2025, Taiwan does not impose capital gains tax on personal cryptocurrency holdings unless used for business purposes. However, tax guidelines may evolve—consult a local accountant for personalized advice.
Q: What’s the difference between spot and futures trading?
In spot trading, you own the actual asset immediately at market price. In futures trading, you speculate on future prices using contracts with leverage—allowing both long (buy) and short (sell) positions without owning BTC directly. Futures carry higher risk but offer advanced strategies for experienced traders.
Final Thoughts: Start Smart, Trade Securely
Buying Bitcoin in Taiwan is now easier than ever thanks to user-friendly platforms like BTCC and MAX that cater specifically to local investors. Whether you’re looking for simple spot purchases or advanced leveraged trading, there's a solution tailored to your goals.
The key is starting with a trusted exchange that prioritizes security, transparency, and customer experience. By following best practices—like enabling 2FA, verifying platform legitimacy, and storing funds securely—you can confidently navigate the world of digital assets.
👉 Take the next step—register on a trusted platform and begin your Bitcoin investment journey today.