MAX TWD Withdrawal Guide: How to Convert USDT to Taiwan Dollars and Transfer to Your Bank Account

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Converting cryptocurrency into fiat currency is a crucial step for many digital asset holders, especially in Taiwan. MAX Exchange has become one of the most trusted platforms for turning USDT and other cryptocurrencies into New Taiwan Dollars (TWD). Whether you're new to crypto or an experienced trader, understanding how to efficiently withdraw TWD from MAX is essential.

This comprehensive guide walks you through every step—from setting up your account and selling USDT for TWD, to completing a successful bank transfer. We'll also cover withdrawal limits, processing times, fees, and frequently asked questions to ensure a smooth experience.

Setting Up Your MAX Account for TWD Withdrawals

Before you can withdraw Taiwan dollars, you need a verified account on MAX Exchange. As a leading Taiwan-based cryptocurrency exchange, MAX supports direct TWD deposits and withdrawals, making it a go-to platform for local traders.

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To begin:

  1. Register on MAX Exchange – Provide your email and create a secure password.
  2. Complete KYC Verification – Submit identity documents (e.g., national ID or passport) to verify your identity. This step is mandatory for unlocking higher withdrawal limits and enabling bank transfers.
  3. Link Your Bank Account – After verification, navigate to Account Settings > Bank Accounts and add your bank details. MAX currently partners with Far Eastern International Bank for TWD settlements.

Only after completing these steps will you be eligible for Level 2 account status, which allows full access to deposit and withdrawal features.

Converting USDT to TWD on MAX

Many beginners assume that withdrawing USDT directly gives them Taiwan dollars—but that's not the case. You must first sell your USDT for TWD using the TWD trading pair on MAX.

Here’s how:

  1. Open the Trading Menu in the MAX app or website.
  2. Select TWD > USDT to access the USDT/TWD trading pair.
  3. Choose Sell under the spot trading section.
  4. Enter the amount of USDT you want to sell.
  5. Select either Market Order (instant sale at current price) or Limit Order (set your desired price).
  6. Confirm the transaction.

Once the trade executes, the equivalent amount in TWD will appear in your wallet balance, ready for withdrawal.

This process ensures liquidity and accurate pricing based on real-time market depth—a key advantage of using a high-volume exchange like MAX.

Step-by-Step: Withdrawing TWD via Mobile App

With your TWD balance available, follow these steps to initiate a withdrawal using the MAX mobile app:

Step 1: Access Your TWD Wallet

Log in and tap Wallet > TWD.

Step 2: Initiate Withdrawal

Click the Withdraw button.

Step 3: Review Withdrawal Limits

MAX enforces daily and monthly caps based on account type:

These limits help maintain compliance and security.

Step 4: Enter Amount and Confirm Fees

Input the withdrawal amount (minimum: 100 TWD). The system will display:

Click Submit.

Step 5: Complete Two-Factor Authentication (2FA)

Enter your Google Authenticator code to confirm the request.

Step 6: Wait for Processing

Your withdrawal enters review. Track progress in Withdrawal History under Fiat Transfers. Statuses progress as:

Withdrawing TWD via Web Platform

The desktop version follows a similar flow:

  1. Go to Wallet > Spot > TWD > Withdraw
  2. Enter the amount and review fees
  3. Click Submit
  4. Confirm with your 2FA code
  5. Monitor status in withdrawal history

After approval, funds are sent via Far Eastern International Bank with an email confirmation upon deposit.

Understanding MAX TWD Withdrawal Fees

MAX charges a flat fee per withdrawal:

Fees cannot be offset with MAX tokens or other incentives. While minimal compared to international platforms, always factor this cost when planning partial or frequent withdrawals.

👉 See how top traders manage their withdrawals efficiently across global exchanges.

How Long Does a MAX TWD Withdrawal Take?

Processing time depends on submission timing:

Weekend or holiday submissions are handled on the next business day. Manual reviews may extend processing during high-volume periods.

Most users report receiving funds within one business day, typically between 2:00 PM and 3:00 PM.

Key Tips for Smooth Withdrawals

👉 Learn how secure withdrawal processes protect your digital assets across platforms.

Frequently Asked Questions (FAQ)

How do I convert USDT to TWD on MAX?

You must sell your USDT using the USDT/TWD trading pair in the spot market. Once sold, the proceeds will be credited in TWD to your wallet.

What are the TWD withdrawal fees on MAX?

Individuals pay 15 TWD per withdrawal; corporate accounts pay 100 TWD. These fees are fixed and non-refundable.

Are there daily or monthly withdrawal limits?

Yes. Individual accounts can withdraw up to:

Corporate accounts have higher limits as outlined above.

How long does it take for TWD to arrive in my bank account?

Typically within 1 business day. Requests submitted before 11:00 AM may be processed the same day; those after are processed within 1–2 business days.

Which bank does MAX use for TWD transfers?

MAX uses Far Eastern International Bank as its banking partner for all fiat transactions in Taiwan.

Can I cancel a withdrawal after submitting?

No. Once confirmed and under review, withdrawals cannot be canceled. Ensure all details are correct before submission.

By following this guide, you can confidently convert USDT to TWD and withdraw funds securely from MAX Exchange. With clear steps, transparent fees, and reliable processing times, MAX remains a top choice for Taiwanese crypto users seeking seamless fiat conversion.

Remember to always use strong passwords, enable two-factor authentication, and stay informed about platform updates to protect your assets.