How to Buy Bitcoin? Taiwan Beginner Guide From Registration to Placing Orders With Step by Step Images [2025 Latest]

Want to ride the global cryptocurrency investment wave but not sure how to buy Bitcoin? Many beginners in Taiwan often get stuck on complicated registration procedures and the wide selection of trading platforms, making it hard to take the first step. In fact, buying cryptocurrency in Taiwan is now extremely convenient and secure. This article provides you with the most complete step by step guide, from choosing a safe and licensed Bitcoin trading platform, completing Bitcoin registration and identity verification (KYC), to successfully placing an order, helping you get started with your first cryptocurrency investment in Taiwan!

Three Things You Must Know Before Buying Bitcoin

Before putting in any money, taking a few minutes to understand the basics is absolutely essential. This not only helps you build the right mindset, but also allows you to avoid unnecessary risks.

Understanding Bitcoin: More than Just Cryptocurrency, It Is Digital Gold

Bitcoin (Bitcoin, abbreviated BTC) is the world’s first decentralized digital currency, created in 2009 by a mysterious individual or group under the pseudonym “Satoshi Nakamoto”. It operates on a public ledger technology called “blockchain”, where all transactions are transparent and tamper-proof. Unlike fiat currencies issued by central banks (such as TWD or USD), the total supply of Bitcoin is capped at 21 million by algorithm, giving it scarcity. This is why many people regard it as “digital gold” and believe it carries inflation-resistant, value-preserving potential.🪙

Quick Overview of Taiwan Regulations: Is It Legal to Buy Cryptocurrency in Taiwan?

The answer is: yes, it is legal.

The Financial Supervisory Commission (FSC) in Taiwan brought cryptocurrency exchanges under the Anti-Money Laundering Act in 2021. This means all exchanges operating in Taiwan must comply with the “Regulations Governing Anti-Money Laundering And Countering The Financing Of Terrorism For Virtual Asset Service Providers (VASP)”, implementing user identity verification (KYC) and transaction monitoring. Therefore, as long as you choose a reputable Bitcoin trading platform that has filed with the FSC, trading cryptocurrency in Taiwan is completely legal. 

Preparation: What Documents Do You Need to Complete Bitcoin Registration?

To comply with anti-money laundering regulations, you will need the following items to register for Bitcoin on any compliant exchange. The entire process is usually completed online:

• A valid email address: Used to register your account and receive verification emails.
• Mobile number: Used for account binding and two factor authentication (2FA).
• ID card: Used for identity verification (KYC).
• A secondary ID: Usually a National Health Insurance card, driver’s license, or passport for additional verification.
• Your own bank account: Must be under your name for TWD deposits and withdrawals.

Having these documents ready will make the registration process smoother, and verification can be completed in as little as a few minutes.

How to Choose the Bitcoin Trading Platform that Suits You Best?

There are many exchanges on the market, and for beginners, choosing a platform that is safe, easy to use, and suitable for your needs is essential. The following provides an analysis from platform types, key evaluation points, to recommended platforms to help you make the best decision.

Platform Type Breakdown: Domestic TWD Exchanges vs. International Exchanges

Bitcoin trading platforms fall into two main categories, each with its own advantages and disadvantages:

• Domestic TWD exchanges:
  The biggest advantage of these platforms is that you can deposit and withdraw directly in “TWD”, making them the most friendly for users in Taiwan. They usually offer Chinese customer support and are regulated under Taiwan FSC’s anti-money laundering framework, providing relatively strong compliance protection. The downside is that the selection of tradable coins is more limited, and trading depth (market liquidity) may be lower than major global platforms.
  Suitable for: Beginners and investors who prefer to trade directly with TWD.
• International exchanges:
  These platforms offer large trading volumes, a wide range of coin options, and various financial instruments (such as futures and options). Many experienced traders prefer international exchanges. The downside is that they typically do not support direct TWD deposits, requiring you to first buy Bitcoin or stablecoins (such as USDT) on a domestic exchange and then transfer them over, making the process more complicated. Customer support and regulatory applicability are also factors to consider.
  Suitable for: Experienced traders and investors who want to trade many cryptocurrencies or use advanced financial tools.

For beginners buying cryptocurrency in Taiwan for the first time, it is recommended to start with a domestic TWD exchange. Once you become familiar with the process, you may then consider opening an account on an international exchange.

Key Evaluation Factors: Fees, Trading Volume, Security, and Customer Support

When choosing an exchange, you can evaluate it based on the following key indicators:

1. Trading fees: This is the most direct cost. Fees are generally divided into maker and taker fees, usually between 0.05% and 0.2%. Over long term trading, even small fee differences can add up to a significant amount.
2. Trading volume and liquidity: The higher the trading volume, the better the market depth. This usually means smaller spreads, allowing you to trade at more favorable prices and avoiding situations where you cannot sell when you want to.
3. Security and compliance: 🔒 This is the most important factor! Check whether the platform has a complete KYC process, offers two factor authentication (2FA), stores assets in cold wallets (offline wallets), and complies with Taiwan’s anti-money laundering regulations.
4. Customer support: When you encounter issues such as deposit delays or failed transactions, a responsive customer service team that supports Chinese becomes very important. You can also check community or forum reviews of each platform’s support quality.

2025 Taiwan’s Three Most Popular Exchange Recommendations and Analysis

Below is a summary of three major, reputable, and beginner friendly Bitcoin trading platforms in Taiwan, presented in a comparison table for easy reference. (Note: The following information is for summary purposes only and is not investment advice. Please refer to each official website for final rates and service details.)

Step By Step Tutorial: From Bitcoin Registration to Completing Your First Trade

After understanding the basic concepts and choosing your platform, it is time to move on to the actual operation. Here we use a general process to guide you through the complete steps from opening an account to placing an order. No matter which exchange you choose, the process is roughly the same.

Step 1: Choose an Exchange and Complete Account Registration in 3 Minutes

Go to the official website of your chosen exchange (be sure the URL is correct to avoid phishing sites) and click the “Register” button. Usually, you only need to enter your email address and set a secure password. After submitting, check your email inbox for a verification message and click the link to complete the basic account setup.

Step 2: Complete Identity Verification (KYC) to Protect Your Account Security

To use TWD deposits, you must complete identity verification, known as KYC (Know Your Customer).

• Level 1 verification: Usually involves verifying your mobile number and enabling two factor authentication (such as Google Authenticator).
• Level 2 verification: This is the most important part. You need to upload photos of the front and back of your ID card, a selfie holding your ID, and fill in basic personal information. The exchange’s manual review team will confirm your identity, and the review process generally takes about 1 to 3 business days.

Completing KYC is not only a regulatory requirement but also an essential step to protect your account security, so make sure you complete it thoroughly.

Step 3: Link Your Bank Account and Deposit TWD Easily

Once your KYC is approved, you can link your personal bank account. Go to the “Assets” or “Wallet” section of the platform, select “TWD”, and click “Deposit”. The system will provide a unique bank transfer account number assigned to you. Make sure you transfer funds using the same bank account you linked, otherwise the deposit will not be credited to your exchange account. Remember, never use someone else’s bank account to deposit funds for you! 

Step 4: Place an Order to Buy Your First Bitcoin

Once your TWD deposit is successful, you can begin trading!

1. Go to the “Trade” page and select “BTC/TWD” from the trading pair list.
2. You will see the order section, which usually includes “limit” and “market”, two order types:
   • Limit order: You set the price you want to buy at, and the order will only be executed when the market reaches your specified price.
   • Market order: No need to set a price. The order executes immediately at the best available market price, suitable for investors who want to buy quickly.
3. Enter the “Quantity” (BTC) or “Total Amount” (TWD) you wish to buy, then click the “Buy BTC” button.
4. Once the order is executed, congratulations! You now own your first Bitcoin. You can check your BTC balance in the “Assets” section.

Frequently Asked Questions (FAQ) about Buying Bitcoin in Taiwan

Q: How much money do I need at minimum to buy Bitcoin in Taiwan?

A: This is a common misconception. You do not need to buy one whole Bitcoin at once. Bitcoin can be divided down to eight decimal places (the unit is “Satoshi”), which means you can start investing with a very small amount. Most Taiwan exchanges have a minimum deposit requirement of about TWD 100, so you can buy a fraction of Bitcoin with just a few hundred TWD, making it ideal for beginners on a budget.

Q: Do I need to pay taxes on profits from cryptocurrency trading?

A: Taiwan currently does not have clear tax rules for capital gains from individual cryptocurrency trading. However, the Ministry of Finance has stated that if an individual’s overseas income (including cryptocurrency) exceeds a certain threshold, it must still be reported under the Basic Income Tax (Alternative Minimum Tax). Regulations are still evolving, so investors are advised to stay updated on the latest tax policy developments.

Q: Besides using an exchange, are there other ways to buy Bitcoin?

A: Yes, but they generally carry higher risks for beginners. Other methods include: 1. Over the counter (OTC): Trading directly with individual sellers, but this lacks protection and carries a high risk of scams. 2. Bitcoin ATMs: Buying through physical machines at specific locations, though fees are usually very expensive. 3. Transfers from friends: Buying directly from someone you know. Overall, centralized exchanges under regulatory oversight remain the safest and most convenient option for beginners.

Q: What are the risks of buying Bitcoin?

A: All investments carry risks, and Bitcoin is especially considered a high risk asset. The main risks include: 1. High price volatility: Bitcoin prices can rise or fall dramatically in a short time. 2. Regulatory risk: Changes in government regulations across countries may affect the market. 3. Cybersecurity risk: Hacking, phishing sites, or improper private key storage can all lead to asset loss. Always assess your risk tolerance before investing and only invest money you can afford to lose.

Q: What is a cryptocurrency wallet? Do I need one?

A: A cryptocurrency wallet is a tool for storing the private keys to your digital assets. Wallets are divided into “hot wallets” held by exchanges and “cold wallets” (such as hardware wallets) managed by users themselves. For beginners or small amount investors, keeping assets on a reputable exchange is a convenient starting point. However, if your asset amount is larger or you plan to hold it long term, learning to use a cold wallet to store your own private keys gives you maximum control over your assets and protects you from systemic risks such as exchange failures.

Conclusion

In summary, to safely buy Bitcoin in Taiwan, the three core steps are “choose a compliant platform, complete registration and verification, and deposit funds to place an order”. As regulations become clearer, registering Bitcoin and trading Bitcoin through regulated domestic exchanges has become a straightforward and secure path. This article has compiled all the essential information on how to buy Bitcoin and the recommended Bitcoin trading platforms, hoping to help you remove the barriers to getting started. Now choose a platform that suits you and begin your digital asset allocation journey!