Since 2021, the metaverse trend has swept the globe, with blockchain-related technologies like NFT, GameFi, and DeFi becoming increasingly integrated into daily life. This shift signals our transition toward Web 3.0, where cryptocurrencies—especially stablecoins like USDT—play a pivotal role. This guide compares Taiwan’s top exchanges to help you purchase USDT at the lowest premium while introducing BITGIN, Taiwan’s first AML-compliant exchange.
Stablecoins: The Gateway to Crypto Markets
Stablecoins bridge traditional finance and crypto ecosystems, offering price stability pegged to assets like the USD. They fall into three categories:
- Fiat-Collateralized: Backed by reserves (e.g., USDT, USDC).
- Crypto-Collateralized: Overcollateralized with volatile assets (e.g., DAI).
- Algorithmic: Pegged via smart contracts (e.g., UST).
In 2021, stablecoin market cap surged 388% to $140B, reflecting booming adoption (Coin Metrics).
Choosing a Cryptocurrency Exchange: 3 Key Criteria
For beginners, prioritize exchanges that:
✅ Support TWD deposits/withdrawals via local bank transfers.
✅ Offer deep liquidity (minimal price slippage).
✅ Charge competitive fees.
Taiwan’s top four exchanges meet these needs:
| Exchange | Founded | Fees (Taker) | Withdrawal Fee | Key Feature |
|---|---|---|---|---|
| BITGIN | Jun 2021 | 0.2–0.5%* | $0 | Lowest USDT premium, AML-certified |
| MAX | Mar 2018 | 0.15% | $15 | Largest local exchange |
| ACE | Nov 2018 | 0.1% | $0 | Zero fees for makers |
| BitoPro | Mar 2018 | 0.2% | $15 | Over-the-counter purchases |
*Fees included in BITGIN’s quoted price.
Why BITGIN Stands Out
- Best USDT Rates: Half of monthly quotes were Taiwan’s lowest.
- 150M TWD Liquidity: Ensures minimal slippage.
- Regulatory Compliance: Audited by top accounting firms for AML.
- Security: 98% assets in multisig cold wallets + 2FA login.
BITGIN’s Fee Structure
- Buying: 0.2–0.5% processing fee (rounded to nearest TWD 1).
- Selling: No additional fees.
- Transfers: Free for Keystone Bank users; others pay standard fees.
Supported coins: USDT (ERC-20/TRC-20), BTC, ETH.
FAQ
Q: What’s "price slippage"?
A: It’s the difference between expected and actual trade prices due to low liquidity. BITGIN’s deep liquidity mitigates this.
Q: How to buy USDT cheaply in Taiwan?
A: Compare real-time rates across exchanges—BITGIN often offers the lowest premiums.
Q: Is BITGIN safe?
A: Yes, with AML certification, cold storage, and penetration testing by cybersecurity firms.
Final Tips
- Use arbitrage ("搬砖") to profit from price gaps between exchanges.
- Complete identity verification to enable TWD transfers.
👉 Start trading on BITGIN today
Disclaimer: Cryptocurrency trading involves risk. This content is informational only.