Best Crypto Exchange In Taiwan

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In this guide, we share the best crypto exchanges in Taiwan. We have tested and analyzed 133 crypto exchanges in 8 categories. We focused on all aspects concerning their services, such as fees, platforms, mobile apps, funding options, portfolio, customer service, safety, and liquidity. 

Crypto trading platforms with the best score are below: 

Top 6 Crypto Exchanges In Taiwan

  1. eToro is the best crypto exchange in Taiwan. Great copy trading tool, regulated by top tier one authorities.
  2. Crypto.com – offers the best crypto trading portfolio in Taiwan. Excellent portfolio and trading app.
  3. KuCoin – is the best-centralized exchange for cryptocurrency trading in Taiwan. Limited portfolio, competitive prices.
  4. Kraken – is in fourth place. Sophisticated trading tools for experienced investors.
  5. CEX IO – has the best-automated crypto trading tools. Great assets coverage and crypto margin trading.
  6. Gemini – offers the best safety measures for traders in Taiwan. In-house hot wallet, access to different coins.

Best Crypto Exchanges In Taiwan – List

ExchangeOverall ScoreGeneral infoFees (Maker/Taker)Spot Volume (BTC)
#1eToro4.9Best overall crypto exchange1%/1%$2,739,612
#2Crypto.com4.3Best Crypto Trading Portfolio1.99%/1.99%$451,706,550
#3KuCoin4Best Centralized Exchange For Cryptocurrency Trading1.8%/2.75%$68,571
#4Kraken4.5Best Trading Platform for Bitcoin0.1% /0.1%$806,899,070
#5CEX IO4.6Best Cryptocurrency Exchange0.16%/0.26%$53,964,331
#6Gemini4.5Best Safety Measures0.01%/0.00%$808,571

This section below breaks down the best crypto trading platforms in Taiwan, beginning with the best-rated eToro.

01. eToro: Best Taiwanese Crypto Exchange Overall

etoro-exchange-logo

eToro and eToroX take first place as the best crypto exchange in Taiwan. Their trading platform is easy to use, offers advanced copy trading features, and supports over 40 different digital assets. Professional traders will miss advanced conditional orders, sophisticated charting tools, and some popular digital currencies.

eToroX comes with all features and tools offered by industry-leading decentralized crypto exchanges, including margin trading, fast execution, APIs, and fiat deposits in USD and AED.

eToro is and well-established global crypto exchange regulated by top-tier financial authorities. It keeps a track record of users’ stored funds for over a decade.

Account opening is fast and simple, and customer support is responsive and available in the Arabic language. The minimum deposit for Taiwanese residents is $200, and eToro provides low withdrawal fees and average overall fees.

Crypto assets are unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.


02. Crypto.com: Best Crypto Trading Portfolio

crypto.com-rating

Crypto.com is a modern and fast adopting crypto exchange offering access to NFTs, e-wallets, own credit card, staking, investing, and crypto trading. Their trading app is intuitive, easy to use, and available on iOS and Android. Trading fees are competitive across all accounts. With the extra bonuses for holding specific coins, they can compete with the fee structure of industry-leading exchanges. Crypto.com offers access to 250 different crypto coins.

 


03. KuCoin: Best Centralized Exchange For Cryptocurrency Trading

KuCoin is a centralized cryptocurrency exchange that operates in over 200 countries worldwide, except for the USA. It offers access to a wide range of different coins, futures, staking, and margin trading. KuCoin fees are competitive. New users get free USDT coins on the first deposit of over $500. Deposits are free.

Although KuCoin is considered safe, it has no operating license in the US. It does not allow deposits in USD and has bad reviews when you search it on Google.


04. Kraken: Best Trading Platform for Bitcoin

kraken-exchange-logo

Kraken is a well-established and the oldest crypto exchange with industry-leading technology. It finished in fifth place as the best trading platform for Bitcoin in Taiwan. It is a great choice for advanced crypto investors who are looking for margin and futures trading options, sufficient trading volume, and low trading costs.

Kraken’s proprietary trading platform allows users to buy and sell digital currencies with the lowest fees in the industry, multiple order types, valuable educational resources, and quick buy features. The mobile version is available on iOS and Android apps and has all the trading tools from the web version.

High-net-worth clients are the only ones allowed to use the exchange’s consultation and management services.  


05. CEX IO: Best Cryptocurrency Exchange

cex-io-exchange-logo

CEX IO is finishing up our list of the top 6 crypto exchanges for Taiwanese citizens. With more than 90 different crypto asset classes, its advanced trading tools, cross-platform trading, and availability in all MENA countries, it is an excellent fit for advanced traders.

Cex.io has high trading fees for debit/credit card transactions. Deposits are charged with a 2.99% fee, while withdrawals have a fee of 3%.   

All traders receive staking rewards and access to a reliable mobile app enabling them to buy and sell cryptocurrency fast and cheap.


06. Gemini: Best Safety Measures

gemini-rating

Gemini is a reputable cryptocurrency exchange with great security features, easy to use trading interface, and its own in-house hot wallet. Users’ funds are completely covered from the hot wallet in the event of a security issue. Gemini offers access to over 100 different coins, which is not enough for most experienced traders. Trading fees are high.


How To Pick a Crypto Exchange?

When selecting a digital exchange, the main aspects are costs, digital platforms, mobile platforms, deposits & withdrawals, portfolios, customer service, liquidity, and safety. 

Fees: It is best to avoid digital exchanges that have high trading fees, overnight commissions, and hidden costs. 

Trading platforms: Search for straightforward, intuitive, and fast trading platforms. 

Mobile trading: Mobile apps are useful for crypto trading on the go and must offer the same tools as their web versions. 

Deposit & Withdrawal: Select a provider that has access to preferred deposit and withdrawal solutions with no hidden fees. 

Assets: Search for a versatile crypto trading portfolio. It is best to avoid exchanges that don’t offer access to popular altcoins. 

Customer support: New crypto enthusiasts should search for responsive and knowledgeable support available in their language. 

Liquidity: High liquidity and trading volumes ensure the ability to sell your digital assets. 

Security: Prioritize secure digital exchanges with top-tier licenses, and penetration tests, that have a clean track record of hack attacks. Always verify safety measures with the crypto exchange security rating agency. 

Regulation Of Cryptocurrency Exchanges in Taiwan

Taiwan’s Central Bank and the Financial Supervisory Commission (FSC) are the main regulatory bodies in Taiwan. These advise that crypto assets are not currencies but rather commodities with no legal protection. The FSC receives its authority from Taiwan’s Money Laundering Control Act and Terrorism Financing Prevention Act to oversee and require trading platforms and exchanges to follow KYC rules. All platforms need to obtain a securities dealer’s license and follow the business prevention system under the AML laws. Unauthorized platforms and exchanges are subject to financial penalties and charges. 

Is Cryptocurrency trading legal in Taiwan?

Trading cryptocurrency is legal in Taiwan. The Anti-Money Laundering Laws regulate digital coins. Cryptocurrencies are commodities in Taiwan, and trading online coins on a platform might be subject to Taiwanese capital gains taxes. 

How to Start Trading WitheToro

eToro is Taiwan’s most popular crypto exchange with access to an industry-leading exchange platform. It offers zero hidden fees, copy trading tools, and an intuitive platform. Below are the steps to start trading on eToro.

Step 1: Access the eToro official website
Go to the eToro crypto section: https://www.etoro.com/crypto/.

Step 2: Click on the “Get Started” button 

eToro has many methods to create new accounts. Users can use a Google or Facebook account, an email address, or a phone number. Set up a new crypto account and agree to the terms and conditions.

best-crypto-exchange-taiwan

Step 3: Verify your eToro account 

After creating a trading account, you have to verify your account and make an initial deposit. This will let you buy, hold, and sell cryptocurrencies with eToro. 

eToro-exchange-account-opening

Step 4: Buy Cryptocurrency 

Users purchase, sell, or hold fractions of each cryptocurrency. To own a digital coin, users don’t need to buy the whole coin.  

buy-cryptocurrency-with-etoro-exchange

Conclusion

We recommend eToro as the best crypto exchange for Taiwanese crypto enthusiasts. They offer brokerage and exchange services simultaneously, zero-commission fee trades, advanced copy trading tools, a user-friendly platform, and the availability of 40 different crypto asset classes. Crypto.com comes in second based on its overall low fees, great support, and versatile portfolio.

FAQ

What Is A Centralized Cryptocurrency Exchange?

A centralized exchange is described as a private provider that offers access to platforms to trade cryptocurrencies. These exchanges follow strict Know Your Customer rules and request the registration and identification of each user. The top centralized exchanges are Kraken, Coinbase, and Binance. 

What Is A Decentralized Cryptocurrency Exchange?

A centralized exchange refers to a provider with no central point of control. It resembles a server, but it has each computer spread out across the world. When one device malfunctions, it does not affect the activity in the network. These exchanges don’t follow the rules of a regulatory body. If you select a decentralized exchange, you should be aware of the risks linked with it. 

Is Cryptocurrency Taxed In Taiwan? 

It depends on the platform you use and the value of your digital assets. Trading cryptocurrencies on a platform within Taiwan might be considered a sale of services and be subject to Taiwan taxes. 

Is There A Bitcoin ATM In Taiwan? 

Yes, the crypto ATM is located at No. 1-3, Xiaoxi St, Shilin District, Taipei City, Taiwan 111. You can buy BTC here. 


Disclosure

All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

Disclaimer

eToro is a multi-asset platform that offers both investing in stocks and crypto assets, as well as trading CFDs. Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Past performance is not an indication of future results. Cryptoassets are volatile instruments that can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading crypto assets is unregulated and therefore is not supervised by any EU regulatory framework.

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Braden Chase is an investor, trading specialist, and former research specialist for Forex.com who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.

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