Taiwan Cryptocurrency Exchanges: Rules, Options, and What You Need to Know

When you trade crypto in Taiwan cryptocurrency exchanges, regulated platforms that allow users to buy, sell, and store digital assets under Taiwan’s financial oversight. Also known as Taiwan crypto trading platforms, these services must follow strict identity checks and anti-money laundering rules set by the Financial Supervisory Commission. Unlike countries where crypto is banned or ignored, Taiwan takes a middle path: it doesn’t ban crypto, but it tightly controls who can operate and how.

The biggest change came in 2021, when Taiwan started requiring all crypto exchanges to register with the FSC. Only a few got approved — including Binance, a global exchange that adapted to Taiwan’s rules by launching a localized platform with KYC and compliance features and LocalBitcoins, a peer-to-peer platform that lets users trade directly while still following identity verification rules. Unregistered platforms are blocked, and banks can freeze accounts linked to them. This means if you’re trading on an unapproved site, you’re not just risking your money — you’re risking your bank access too.

Taiwan also treats crypto profits as taxable income. If you make over NT$100,000 in a year from trading, you must report it. There’s no flat tax rate — it’s added to your overall income and taxed at your personal rate, which can go up to 40%. That’s why many traders keep detailed records of every buy and sell. And while exchanges like HTX, a major global exchange with strong liquidity and low fees, often used by Taiwanese traders despite not being locally registered are popular, they don’t offer direct New Taiwan Dollar deposits. You need to use a local bank transfer or P2P to get funds in.

There’s no official ban on altcoins, but exchanges avoid listing coins that look like securities or lack transparency. That’s why you won’t find privacy coins like Monero or obscure meme tokens on approved platforms. Instead, you’ll see Bitcoin, Ethereum, and a few stablecoins like USDT and USDC — the same coins used by most global traders. The focus is on safety, not speculation.

What you’ll find in the posts below are real stories from people who’ve navigated this system. Some lost money on unregistered platforms. Others saved thousands by using the right exchange. You’ll see how a single rule change shut down a popular trading site overnight, how P2P became the backdoor for new users, and why even big names like Binance had to change their approach to stay in Taiwan. This isn’t theory — it’s what’s happening right now, on the ground, in Taipei, Kaohsiung, and Taichung.