With the growing popularity of cryptocurrency trading in Taiwan, many users are turning to local exchanges like MAX to manage their digital assets. One of the most common needs for traders is converting stablecoins such as USDT into Taiwanese dollars (TWD) and withdrawing funds to a personal bank account. This comprehensive guide walks you through every step of the MAX TWD withdrawal process, from selling USDT to receiving funds in your bank—clearly, securely, and efficiently.
Whether you're a beginner or an experienced trader, understanding how to properly convert and withdraw your crypto earnings is crucial. We’ll cover key topics including account setup, bank verification, conversion steps, withdrawal limits, fees, and processing times—ensuring you have everything you need for a smooth transaction.
👉 Discover how to securely manage your digital assets and streamline your withdrawals today.
Step 1: Set Up Your MAX Exchange Account
Before you can withdraw Taiwanese dollars from MAX, you must first create and verify your account. MAX is one of the leading cryptocurrency exchanges in Taiwan, offering strong liquidity and deep market depth for TWD trading pairs—making it ideal for converting crypto to fiat.
To begin:
- Visit the official MAX platform and complete registration.
- Undergo KYC (Know Your Customer) verification, which requires submitting government-issued ID and proof of address.
- Once verified, your account will be upgraded, enabling full access to deposit, trade, and withdrawal features.
Having a verified account ensures compliance with financial regulations and allows you to bind your bank account for seamless fund transfers.
Step 2: Link Your Local Bank Account
With your identity confirmed, the next step is linking your personal bank account to MAX. This is essential for receiving TWD withdrawals.
Here’s how:
- Navigate to Account Settings > Bank Account.
- Select your bank from MAX’s list of supported institutions (including major banks like Far Eastern International Bank).
- Enter your bank account number.
- Submit for review—processing typically takes up to 5 business days.
Upon approval, your status will show “Verification Complete,” and you’ll reach Level 2 account tier, unlocking higher withdrawal limits.
✅ Pro Tip: Only use banks listed in MAX’s supported network to avoid rejection.
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Step 3: Convert USDT to TWD
A common misconception among new users is that withdrawing USDT directly gives them Taiwanese dollars. That’s not the case. You must first sell your USDT for TWD using the TWD trading pair on MAX.
Follow these steps:
- Open the Trading Menu > TWD > USDT/TWD.
- Choose Sell under Spot Trading.
- Select either Market Order (instant sale at current price) or Limit Order (set your desired price).
- Enter the amount of USDT to sell and confirm the trade.
Once the order executes, the equivalent amount in TWD will appear in your wallet balance—ready for withdrawal.
This process leverages MAX’s robust matching engine and tight spreads, ensuring fast execution with minimal slippage.
How to Withdraw TWD from MAX (Mobile App)
With sufficient TWD in your wallet, you’re ready to initiate a withdrawal. Here's the mobile step-by-step:
Step 1: Access Your TWD Wallet
Open the MAX app → Tap Wallet → Select TWD.
Step 2: Initiate Withdrawal
Tap the Withdraw button.
Step 3: Review Withdrawal Limits
MAX enforces daily and monthly caps based on account type:
Personal Accounts
- Single withdrawal: Up to 1,000,000 TWD
- 24-hour total: 2,000,000 TWD
- Monthly limit: 5,000,000 TWD
Corporate Accounts
- Single withdrawal: Up to 2,000,000 TWD
- 24-hour total: 6,000,000 TWD
- Monthly limit: 30,000,000 TWD
Always check MAX's official limits page for updates.
Step 4: Enter Amount & Confirm
Input the withdrawal amount (minimum: 100 TWD).
Review the 15 TWD fee (personal) or 100 TWD (corporate).
Tap Submit.
Step 5: Two-Factor Authentication
Enter your Google Authenticator code to confirm.
Step 6: Wait for Processing
Status will update via Withdrawal History: Under Review
→ Processing
→ Withdrawal Successful
Funds are typically credited within 1–2 banking days.
How to Withdraw TWD from MAX (Web Version)
The web interface offers similar functionality:
- Log in → Go to Wallet > Spot > TWD > Withdraw
- Enter amount and confirm destination bank
- Submit two-factor authentication code
- Wait for审核 (review) and bank transfer
After submission, check your email—especially if your linked bank is Far Eastern International Bank—as they often send deposit confirmation emails upon credit.
What Are the Withdrawal Fees?
MAX charges a flat fee for TWD withdrawals:
- Individual users: 15 TWD per transaction
- Business accounts: 100 TWD per transaction
These fees are non-negotiable and cannot be offset with tokens. While slightly above average, they are justified by MAX’s reliability and integration with regulated banking partners.
How Long Does It Take for Funds to Arrive?
Processing time depends on when you submit your request:
- Submitted before 11:00 AM on a business day → Funds sent within same day to next business day by 5:00 PM
- Submitted after 11:00 AM → Funds processed within 1–2 business days by 5:00 PM
Weekends and public holidays delay processing until the next business day. In rare cases requiring manual review, additional time may be needed.
Based on user reports, most receive funds between 2:00 PM and 3:00 PM the following business day.
Frequently Asked Questions (FAQ)
How do I convert USDT to TWD on MAX?
Go to the USDT/TWD trading pair, select "Sell," enter the amount of USDT, choose market or limit order, and execute the trade. The resulting TWD will be available in your wallet.
What are the MAX TWD withdrawal fees?
Personal accounts pay 15 TWD, while corporate accounts pay 100 TWD per withdrawal. No discounts or token offsets apply.
How long does a MAX TWD withdrawal take?
Typically 1–2 banking days, depending on submission time. Requests before 11:00 AM may settle faster.
Can I withdraw without a verified bank account?
No. You must complete KYC and successfully link a supported bank account before initiating any withdrawal.
Is there a minimum withdrawal amount?
Yes—the minimum is 100 TWD per transaction.
What should I do if my withdrawal is stuck?
Check your Withdrawal History for status updates. If it remains pending beyond two business days, contact MAX support directly through their help center.
By following this guide, you now have a complete understanding of how to turn your digital holdings into usable cash through MAX Exchange. With clear procedures, transparent fees, and reliable banking integration, MAX remains a top choice for Taiwanese crypto users seeking seamless USDT-to-TWD conversions.
👉 Stay ahead of the curve—optimize your crypto-to-fiat strategy now.