MAX Exchange Cryptocurrency Exchange Review : Pros & Cons

About MAX Exchange

MAX Exchange is the leading brand of digital assets with the largest trading volume in Taiwan and the only company with blockchain technology. Founded in 2013, it is a pioneer in Taiwan’s virtual currency industry. Asset mainstreaming, providing public safety and multiple choices, currently mainly provides digital asset trading, digital asset extension product services and enterprise blockchain technology application solutions services, service business includes MaiCoin digital asset trading platform, MAX digital asset exchange , AMIS accounting network blockchain technology, Qubic NFT technology integration services and MaiCapital hedge fund company (Hong Kong), etc.

Information Table

How To Register At MAX Exchange?

To register on MAX Exchange, click Register Now button at the top of the page. You can also start creating an account directly through the form on the main page.

You only need to enter your e-mail and come up with a password. If there is a referral code, it is also entered at this stage. Password requirements: at least 8 characters, numbers, upper and lower case.

Click ” Create Account ” then go to your email to verify it. Enter the code you received and registration is complete. You can start replenishing your account.

How To Verify Your MAX Exchange Cryptocurrency Account ?

There is no mandatory verification at MAX Exchange, but you can pass it if you wish. At the moment, the only restriction imposed on unverified users is the withdrawal limit of $1.30 for amounts below $50.00. In the future, depending on the actions of regulatory authorities, conditions may change.

For verification, you can use one of four documents to choose from: passport, driver’s license, identity card or residence permit. Artificial intelligence is used to evaluate the authenticity of documents. This service is provided by the Onfido online identification service, already used by the MAX Exchange, Revolut platforms.

How To Buy Crypto Or Deposit Crypto At MAX Exchange Crypto Exchange?

There are two main options for topping up your balance on Kraken. Firstly, you can buy cryptocurrency with a bank card – it’s fast and convenient. Go to the ” Buy crypto ” -> ” Buy crypto with a credit card ” section.

Choose a cryptocurrency (currently there are 13 coins available for purchase in this way). Enter the amount and select the fiat currency to be used for payment.

After that, you will need to select a payment channel: each of them has conditions. You can choose between Simplex, Mercuryo, Banxa and Moonpay. Click ” Buy ” next to the appropriate option.

Agree to the terms and confirm the transition to the site of the payment provider. Enter information about the card and its owner, confirm the transaction. Cryptocurrency will be credited to the exchange account within a few minutes.

Second Method

You can transfer digital assets to the balance of the exchange from any external crypto wallet. For this:

• Go to the “Deposit” section from the “Assets” menu.

• From the drop-down list, you can select the cryptocurrency you want to deposit into your account.
• The wallet address will appear. You need to copy it and send funds to it from another wallet or exchange. Please note that only bitcoin can be sent to bitcoin addresses, similarly with other coins.
• You can also click “Show QR code” – for transfers from a mobile wallet, this is a more convenient option.

How To Withdraw Crypto Asset From MAX Exchange Exchange?

Having completed all the necessary trading operations, it’s time to withdraw the received assets to an external wallet. Go to ” Assets ” -> ” Withdraw “. Please note that the operation is only available after enabling two-factor authentication in the settings. This is for added security and requires less than a minute, so don’t neglect this measure.

Select a cryptocurrency and enter the withdrawal amount. Each coin has its own withdrawal fee, for example, for BTC it is 0.00057 BTC. Click ” Output “. By default, the exchange processes applications three times a day, however, hourly withdrawals are available for Premium users. Also, the time of receipt of the cryptocurrency is affected by the workload of the blockchain network.

How To Secure Your MAX Exchange Account ?

Also remember to go to the Security tab and activate two-factor authentication using the Google Authenticator app – this is the most reliable way to prevent unauthorized access to your account.

Trading Fees

MAX uses a maker-taker model to calculate trading fees based on the amount traded. Maker fees apply if your limit order is added to the Order Book and another order is placed that matches your order. Taker fees apply if your limit or market order that you place is matched with an order already existing on the Order Book.

Fund and Withdrawal Fees

Features Of MAX Exchange Crypto Exchange

Available At Android & IOS Store

MAX Exchange Cryptocurrency exchange application available on both world famous mobile store google play store and iOS store . You Can download App and start trading .

Wide range of cryptocurrencies

MAX Exchange supports a wide range of cryptocurrencies, including major cryptocurrencies like Bitcoin and Ethereum, as well as lesser-known altcoins.

User-friendly interface

The platform has a user-friendly interface that makes it easy for users to trade and manage their portfolios.

Fast transactions

The platform has a fast transaction processing system that allows users to quickly execute trades and transfer funds.

Robust security measures

MAX Exchange implements robust security measures to protect users’ funds, such as two-factor authentication, encryption, and secure cold storage.

Advanced trading tools

The platform offers advanced trading tools, such as margin trading and stop-loss orders, to help users manage their portfolios effectively.

24/7 customer support

MAX Exchange offers 24/7 customer support to assist users with any questions or issues they may have.

Mobile app

The platform offers a mobile app that allows users to trade on the go, as well as access to their portfolios and market data.

24/7 Live Chat

If you’re awake, they are too. When you need help, your team of experts will work with you via 24/7 live chat to reach a quick and efficient resolution.

MAX Exchange Conclusion

MAX Exchange is a cryptocurrency exchange platform that offers users a user-friendly interface, a wide range of cryptocurrencies, and robust security measures. However, as with any cryptocurrency exchange, there are also risks involved, such as the volatility of cryptocurrency markets, limited payment options, lack of regulation, and potential technical issues. Before using the platform, it is important for users to carefully consider their own investment goals, risk tolerance, and thoroughly research the platform.