Many users rely on MAX Exchange primarily for one purpose:
Converting USDT to TWD
Before diving into the step-by-step process, a critical warning:
🚨 Beware of Scams
If you're considering MAX/MaiCoin due to any of the following:
- Online job postings (e.g., "cryptocurrency remote jobs" or "part-time roles at MAX").
- MaiCoin-branded loan offers.
- Romantic partners met online urging investments or borrowing money.
⚠️ You may be targeted for identity theft or unintentionally involved in money laundering, leading to legal consequences.
Official Clarification:
MAX/MaiCoin is a cryptocurrency exchange, NOT a lender or recruiter. All claims about "MaiCoin loans" or "MAX hiring" on Facebook/Line are scams.
👉 If you encounter these scams, read this guide or contact MAX support:
📞 (02) 2722-1314 | ✉️ [email protected]
Step-by-Step Guide: Selling USDT for TWD
Step 1: Locate the USDT/TWD Trading Pair
Two methods:
- Tap "MAX" → Select "USDT/TWD".
- Tap "Trade" → Switch to "TWD" tab → Choose "USDT/TWD".
Step 2: Execute Your Trade
Two order types:
Limit Order (set your price)
- Tap "Sell" (default is "Buy") → Select "Limit".
- Enter desired price (e.g., 28.5 TWD per USDT) and amount.
- Note: Orders only execute when market reaches your price.
Market Order (instant sale)
- Select "Market" → Input USDT amount → Tap "Sell".
- ⚠️ Risk: Slippage may occur (price fluctuates during execution).
Withdrawing TWD to Your Bank
- Go to "Withdraw" → Enter amount (use "Max" for full balance).
- Submit request.
Key Notes:
- Funds transfer to your pre-linked bank account.
- Fee: 15 TWD per withdrawal (e.g., 10,000 TWD → 9,985 TWD received).
- Processing: 0–2 business days (details here).
FAQs
❓ Is MAX Exchange safe for USDT conversions?
✅ Yes, MAX is a licensed exchange compliant with Taiwanese regulations.
❓ Why does my limit order take so long to fill?
🔹 Limit orders only execute at your set price. If market prices don’t match, adjust your offer or use a market order.
❓ Are there limits on TWD withdrawals?
🔹 Daily limits depend on your account verification level. Check MAX’s official policy.