MaiCoin

What is MaiCoin Max？

MaiCoin Max is a Taiwanese cryptocurrency exchange that was founded in 2014. It is one of the largest cryptocurrency exchanges in Taiwan and has a 24-hour trading volume of over $150 million. MaiCoin Max lists over 50 cryptocurrencies, including Bitcoin, Ethereum, and Tether. In terms of trading fees, a taker incurs a fee of 0.15%, while makers face a fee of 0.1%. High-volume traders can also tap into a tiered fee arrangement provided by MaiCoin Max.

Pros and cons

MaiCoin Max excels in these areas:

• Affordable fees: Trading cryptocurrencies on MaiCoin Max comes with budget-friendly fees.
• Extensive range of cryptocurrencies: With over 50 cryptocurrencies available, MaiCoin Max covers diverse trading options.
• Intuitive platform design: Navigating through MaiCoin Max's interface is a breeze, simplifying cryptocurrency trading.

MaiCoin Max lacks these areas:

• Not regulated: The lack of oversight from significant regulatory bodies for MaiCoin Max might trigger worries.
• Not available in all countries: MaiCoin Max is not available in all countries, so you may not be able to use it if you are located outside of Taiwan.
• Customer support can be slow: MaiCoin Max Max's customer support can be slow to respond, so you may have to wait a while to get help if you have a problem.
• Has been hacked in the past: MaiCoin Max experienced a hack in 2021, fortunately without any loss of customer funds.
• KYC/AML requirements: MaiCoin Max requires you to complete KYC/AML verification before you can start trading, which can be a time-consuming process.
• Limited features: MaiCoin Max Max's offerings lack certain features found on other exchanges, including margin trading and staking.
• Poor liquidity: MaiCoin Max Max's liquidity falls short compared to more established exchanges, impacting trade efficiency.

Regulation

MaiCoin Max does its thing without anyone keeping a close eye on it. But that could make folks worried, especially those who want a safe playground. Regulations act like the rules that keep things fair and square in the crypto world. When there aren't any, it's like wondering if everything's on the up and up. As more people dive into cryptocurrencies, having some rules to follow becomes a big deal for those who want a safe and organized trading spot.

Security

MaiCoin Max ensures a trustworthy platform that safeguards both data communication and trading details. Your digital assets are kept securely in an offline cold storage. The exchange conducts routine vulnerability tests and promptly addresses any detected issues. Additionally, the integration of AMIS wallet service enhances security through blockchain transaction monitoring.

Trading Markets

MaiCoin, being a cryptocurrency exchange, offers a variety of trading products:

• Bitcoin (BTC): As the first and most well-known cryptocurrency, Bitcoin is often a fundamental trading pair on exchanges. Traders can buy, sell, and trade Bitcoin against other cryptocurrencies or fiat currencies.
• Tether (USDT): Tether is a stablecoin pegged to the value of a fiat currency, usually the US Dollar. Traders often use USDT as a stable and liquid alternative during volatile market conditions, allowing them to move funds in and out of the crypto market without the price fluctuations associated with other cryptocurrencies.
• Taiwan Dollar (TWD): Given that MaiCoin is based in Taiwan, it's likely that they offer trading pairs involving the local currency, the Taiwan Dollar. These pairs allow users to trade cryptocurrencies against TWD.

MaiCoin also offer a variety of other cryptocurrencies (altcoins) for trading against BTC, USDT, or TWD. These include popular cryptocurrencies like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and many others.

Cryptocurrencies available

MaiCoin Max currently lists over 50 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), Binance Coin (BNB), XRP (XRP), Cardano (ADA), Solana (SOL), Terra (LUNA), Avalanche (AVAX), and Dogecoin (DOGE).



MAX Token is a thing you can trade on Max MaiCoin Max, and the exchange itself makes it. If you put your coins in the Max MaiCoin Max pot (stake them), you get some MAX Tokens as a treat. These tokens are also listed on CoinMarketCap and CoinGecko.

Other Services

MaiCoin goes beyond just cryptocurrency trading by offering a VIP program with exclusive perks. During promotional periods, VIP 3 and above users may enjoy a 0% order fee, and VIP 5 and above users get a reduced 0.008% transaction fee. VIP 5 and above customers also benefit from doubled 24-hour withdrawal limits for virtual currency, providing more flexibility.

Being a VIP member with MaiCoin means access to more than just trading advantages. Users receive invitations to special activities hosted or sponsored by MaiCoin, as well as participation in irregular VIP-exclusive events. These extra services aim to enhance the overall experience for VIP members, making their engagement with MaiCoin more rewarding. For the latest details on MaiCoin's offerings and VIP program, users can check the official website or get in touch with customer support.



How to open an account？

The registration process of MaiCoin Max can be broken down into the following six steps:

1. Visit the MaiCoin Max website and click on the “Sign Up” button to begin the registration process.



2. Fill in your email address and create a strong password for your account.



3. Agree to the terms and conditions by ticking the checkbox.

4. Complete the verification process by clicking on the verification link sent to your email address.

5. Provide your personal information, including your full name, date of birth, and nationality, as required by KYC (Know Your Customer) regulations.

6. Upload the necessary identification documents, such as a valid passport or national ID card, to verify your identity.

Once you have completed these steps, your registration with MaiCoin Max will be processed, and you will be able to access and use the platform for cryptocurrency trading.

How to Buy Cryptos？

To purchase cryptocurrencies on MaiCoin, users typically have several options, including using the MaiCoin mobile app, ATMs, or the MaiCoin website.

1. MaiCoin Mobile App:

• MaiCoin provides a mobile application available for download on both Android and iOS devices.
• Users can create an account on the app and complete the necessary identity verification processes.
• Once the account is set up and verified, users can navigate the app to explore available cryptocurrencies and trading pairs.
• Buying cryptocurrencies through the app usually involves linking a payment method, such as a bank account or credit card, and then executing a buy order for the desired cryptocurrency.

2. ATMs:

• Some cryptocurrency exchanges, including MaiCoin, may collaborate with ATMs to provide a physical location for users to buy cryptocurrencies.
• Users can locate a MaiCoin-supported ATM, follow the on-screen instructions, and complete the necessary steps to purchase cryptocurrencies.
• ATMs usually accept cash or card payments, depending on the specific machine and its features.

3. Website:

• MaiCoin's official website is another platform for users to buy cryptocurrencies.
• Users can log in to their MaiCoin account on the website, navigate to the trading section, and select the cryptocurrency they wish to purchase.
• The website typically provides a user-friendly interface for placing buy orders, choosing trading pairs, and managing account settings.

Fees

Max MaiCoin Max boasts a taker fee of 0.15%, notably below the industry average of approximately 0.25%, rendering it a cost-effective exchange option. Equally significant is the exchange's minimal maker fee, standing at 0.05%. Max MaiCoin Max is currently offering a reduced fee promotion, which will conclude on September 30th, 2023. Rebates are given out in USDT every day at 3:00 AM. Max MaiCoin Max has different fees based on how much you trade and your VIP level. If you're a big trader with a higher VIP level, you'll pay lower fees. For example, the highest VIP level, VIP9, incurs a taker fee of 0.008%. Maker fees, which apply to limit orders that add liquidity to the order book, are fixed at a lower rate compared to taker fees.

30-Days Trade Level	Volume	MAX Staked	Maker Fee	Maker Fee	Taker Fee
VIP 0	≥0	≥0	0.05%	(Promo.)	0.15%
VIP 1	≥3,000,000	≥500	0.05%	0.05%	0.04%
VIP 2	≥10,000,000	≥3,000	0.04%	0.04%	0.03%
VIP 3	≥30,000,000	≥10,000	0.04%	0.03%	0.00%
VIP 4	≥150,000,000	≥10,000	0.03%	0.00%	0.00%
VIP 5	≥300,000,000	≥10,000	0.03%	0.00%	0.01%
VIP 6	≥600,000,000	≥10,000	0.02%	-0.01%	0.01%
VIP 7	≥1,000,000,000	≥15,000	0.01%	-0.01%	0.01%
VIP 8	≥1,500,000,000	≥15,000	0.00%	-0.01%	0.01%
VIP 9	≥2,000,000,000	≥15,000	0.00%	-0.01%	0.01%

Deposit & Withdrawal

You have multiple deposit options at Max MaiCoin Max, like wire transfers, but credit cards are a no-go. Depositing is free if you have a Max MaiCoin Max account. It's super simple to put in different cryptos, stable coins, and DeFi currencies without getting charged by the exchange.

At Max MaiCoin Max, the withdrawal fee is usually fixed, not based on how much crypto you take out. But remember, different cryptocurrencies have different fees. For instance, withdrawing Bitcoin costs 0.0005 BTC. Ethereum's fee is 0.0054, and Litecoin's is 0.001 LTC.



You can find comprehensive information about withdrawal fees by checking here: https://max.MaiCoin Max.com/docs/fees.

Customer Support

Max MaiCoin Max's customer service team is available to assist you with your questions from 10:00 AM to 06:00 PM, Monday through Friday. You have different ways to reach out to them – you can give them a call, send an email, or connect through their social media channels.



Is MaiCoin Max a Good Exchange for You？

MaiCoin may be a suitable choice for traders seeking low trading fees. However, it's important to note that this exchange operates without regulatory oversight, making it a riskier option. For those willing to navigate potential risks and who prioritize cost-effectiveness, MaiCoin could be a consideration. Additionally, the platform may appeal to beginners in cryptocurrency trading, providing a user-friendly interface and accessible entry point into the market. MaiCoin Max may be a good exchange for traders in the following types:

1. Traders who are purse low trading fees.

2. Traders who are willing to bear risks due to this exchange is not subject to regulation.

3. Traders who are just starting out in cryptocurrency trading.

Has MaiCoin Max experienced any controversy？

MaiCoin Max has not experienced any major controversies to date. However, there have been some minor issues, such as delays in customer support and technical glitches. The exchange has been quick to address these issues and has taken steps to improve its customer service and technical infrastructure.

Compare with other exchanegs

Features
Trading Fees	Taker fee: 0.15%Maker fee: 0.1%	Maker: 0.04%, Taker: 0.075%	Maker: 0.05% - 0.1%, Taker: 0.1% - 0.5%	Up to 0.40% maker fee and up to 0.60% for taker fee
Cryptocurrencies	50+	500+	11	200+
Regulation	Not regulated	Regulated by NMLS, MAS/FinCEN (Exceeded)	Regulated by FSA ( Japan), NMLS, CSSF, DFI, NYSDFS	Regulated by NMLS , FCA, NYSDFS, SEC (Exceeded), FINTRAC (Exceeded)

FAQs

Q: What are the fees charged by MaiCoin Max？

A: Fees associated with buying and selling digital assets are factored into the price on MaiCoin Max's platform.

Q: How many cryptocurrencies are listed on the MaiCoin Max exchange？

A: MaiCoin Max currently lists over 50 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), Binance Coin (BNB), XRP (XRP), Cardano (ADA), Solana (SOL), Terra (LUNA), Avalanche (AVAX), and Dogecoin (DOGE).

Q: How to sell bitcoins or ethers？

A: To sell your digital assets, please enter your wallet and click on the Sell menu item. MaiCoin Max will transfer money to your designated bank account within 3-5 business days.

Q: What is TWD balance？

A: TWD Balance is a custodial account that safeguard your TWD fund with MaiCoin Maxs banking partner. You can easily deposit funds before placing an order or withdrawing to your verified bank account.

TWD balance yields the following benefits:

• Unlimited trading quota
• Optimal pricing

Q: How do I unlock my account？

A: You can go to https://www.MaiCoin Max.com/en/users/unlock/new to unlock your account by following the unlock instructions.