MaiCoin MAX offers 34 TWD, 1 BTC, and 24 USDT trading pairs in its Spot market. The MAX exchange offers up to 1.38% annual yields on four assets: USDT, USDC, BTC, and ETH. The platform is in partnership with Bank Trust to provide safe custodian solutions.
MaiCoin MAX; About the Crypto Exchange
MaiCoin MAX, launched in 2018 as part of the MaiCoin Group, has established itself as Taiwan's premier cryptocurrency exchange.
"Alex Liu" is the Chief Executive Officer and Director of MaiCoin Group. Ranked among the top 50 global exchanges by trading volume, MAX offers a robust platform for retail and institutional traders. Key features of MaiCoin MAX:
- Trading major cryptocurrencies against the Taiwan Dollar (TWD) and stablecoins like USDT
- Professional-grade trading API for 24/7 access
- Low trading fees with the potential to earn MAX tokens through trades
- Advanced security measures using patented blockchain technologies
MAX Exchange Specifications
The crypto exchange has a minimum trade size requirement of TWD 250. It offers a Reward Auto-staked feature that automates staking your profits. Let’s take a brief look at its other offerings.
Exchange | MaiCoin MAX |
Launch Date | 2018 |
Levels | VIP 0 – VIP 9 |
Trading Fees | Makers 0.000% - 0.050% Takers 0.045% - 0.150% |
Restricted Countries | Japan, United States of America, European Economic Area (EEA), Iran, North Korea |
Supported Coins | 34 |
Futures Trading | No |
Minimum Deposit | $1 |
Deposit Methods | Crypto, UBOT Online Banking, Bank Transfer |
Withdrawal Methods | Bank Transfer, Crypto |
Maximum Leverage | 1:1 |
Minimum Trade Size | TWD 250 |
Security Factors | Partnership with Bank Trust, Cold storage, SSL encryption, Two-factor authentication (2FA) |
Services | Spot Trading, Reward Auto-Staked, API services, Crypto Yield |
Customer Support Ways | Live Chat, Storefront, Call Center, Email |
Customer Support Hours | Online: Mon to Sun 10:00 am - 5:00 pm & 6:00 pm - 8:00 pm (GMT+8) Phone: Mon to Sun 10:00 am - 12:30 pm & 1:30 pm - 6:00 pm (GMT+8) |
Fiat Deposit | Yes |
Affiliate Program | Yes |
Orders Execution | Market |
Native Token | MAX |
MaiCoin MAX User Levels and Fee Reduction
The exchange has implemented a 10-tier structure for fee discounts based on the users’ 30-day trading volume and MAX token holdings.
Here’s a list of user levels and their requirements on MaiCoin MAX:
User Level | 30D Trade Volume (TWD) | MAX Staked |
VIP 0 | >= 0 | >= 0 |
VIP 1 | >= 3M | >= 500 |
VIP 2 | >= 10M | >= 3,000 |
VIP 3 | >= 30M | >= 10,000 |
VIP 4 | >= 150M | >= 10,000 |
VIP 5 | >= 300M | >= 10,000 |
VIP 6 | >= 600M | >= 10,000 |
VIP 7 | >= 1B | >= 15,000 |
VIP 8 | >= 1.5B | >= 15,000 |
VIP 9 | >= 2B | >= 15,000 |
MAX Exchange Fees Explained
In this MaiCoin MAX review, we must mention that the platform has a “Low Fee” promotion offering even more discounts on maker fees, available until 31st March 2025. However, the initial fee reductions are as follows:
User Level | Maker Fee | Taker Fee |
VIP 0 | 0.050% | 0.150% |
VIP 1 | 0.045% | 0.135% |
VIP 2 | 0.040% | 0.120% |
VIP 3 | 0.035% | 0.105% |
VIP 4 | 0.030% | 0.090% |
VIP 5 | 0.025% | 0.075% |
VIP 6 | 0.020% | 0.060% |
VIP 7 | 0.010% | 0.055% |
VIP 8 | 0.000% | 0.050% |
VIP 9 | 0.000% | 0.045% |
While all deposits are free of charge, fiat withdrawals incur a TWD 30 fee. Crypto withdrawal fees vary based on the selected asset.
MaiCoin MAX Listed Cryptocurrencies
The platform has listed 34 cryptocurrencies in TWD, USDT, and BTC markets, including:
- MAX
- BTC
- ETH
- LTC
- BCH
- USDT
- XRP
- BCNT
- USDC
- LINK
- COMP
- DOT
- ADA
- SOL
- MANA
Leveraged Trading
At the time of writing this MaiCoin MAX review, the platform does not offer futures contracts or margin trading on its spot market. This conservative approach protects users from the high risks associated with leveraged trading.
MAX Exchange Account Opening and Verification
Users can access the MAX and MaiCoin platforms through a single account, MaiCoin One. MAX verification includes two levels. TWD transactions are only available for users with KYC Level 2.
- Visit the official website;
- Click “Sign Up”;
- Fill out the registration form;
- Verify your email address;
- Verify your phone number;
- Provide personal information and front & back photos of your Taiwanese ID card or ARC (Alien Resident Certificate) for KYC level 1;
- Set up a Taiwan phone number and bank account for KYC level 2.
Note that MaiCoin MAX services are only available to users with a Taiwan ID card or ARC.
Is MaiCoin MAX Secure?
Robust security is one of the upsides in this MaiCoin MAX review. The company has partnered with Bank Trust to manage clients’ funds, offering a safe custodial solution.
- Partnership with Bank Trust
- Cold storage
- SSL encryption
- Regular pressure testing
- Patented threshold signature
- Two-factor authentication (2FA)
MAX Exchange Deposit and Withdrawal
In addition to crypto transactions, the platform supports Taiwan Dollar (TWD) payments through various methods, including:
- Union Bank of Taiwan (UBOT) Online Banking (only for deposits)
- Bank Transfer
The minimum fiat withdrawal amount from MAX is TWD 100, and the maximum deposit is TWD 1.5M per transaction.
Trust Scores
There are no MaiCoin MAX reviews on Trustpilot or Forex Peace Army. We can only cite the MAX exchange CoinGecko profile, which has a good trust score of 7 out of 10.
Investment and Growth Plans
MAX Exchange is dedicated to fostering sustainable investment growth through strategic incentives for its users.
By offering annual yields, a dedicated reward pool, trading rebates, and a token lock-up mechanism, the platform ensures long-term value appreciation, liquidity, and stability while rewarding MAX token holders for their participation and engagement.
- Annual Yields: Passive income on your idle assets, including USDT, BTC, USDC, and ETH, with up to 1.38% APR
- Reward Pool: Daily MAX token rewards for the holders
- Annual Rebate: Cashback based on trading volume
- Reward Auto-Staked: Automatic staking of earned rewards
- Affiliate: Up to 50% commission
Writer's Opinion and Conclusion
MaiCoin MAX supports 34 cryptocurrencies and 1 fiat currency. TWD transactions are processed via Bank Transfers or UBOT online banking, and the minimum withdrawal amount is TWD 100. MAX exchange has a good score of 7/10 on CoinGecko.
