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Maicoin

TaiwanTaiwan
Full trading platformmaicoin.comSince 2014
Intuitive Ease of use, High Privacy, Wallet platform Private Keys Stored
  • Overview
  • Security
  • User Experience

Volume 24H: n/a

Maicoin is a Taiwanese trading platform that allows its users to make deposits with cash at convenience stores and integrates ATM transfers and online banking to its exchange. They aim to simplify the process of acquiring, holding, and spending cryptocurrencies on real-world goods and services. There are no age or nationality restrictions on Maicoin, so anyone can apply for a free account.

Maicoin offers a simple and clean user interface. Functions are limited and there are only a few crypto coins available for exchange. The exchange platform is dedicated to serving Taiwan and its surrounding area. Transactions are slow but easy to make for any level of user.

Crypto Currencies Support

  • BTC
  • ETH
  • LTC

Traditional Currency Support

  • BND
  • EUR
  • HKD
  • IDR
  • JPY
  • KHR
  • KRW
  • LAK
  • MYR
  • PHP
  • SGD
  • THB
  • USD
  • VND

Language Support

  • Chinese
  • English

Country Support

  • Most of Asia

Platforms Systems

  • — Web Interface

Stock Market Options

Interface customisation:

  • — Charts

Advanced Options:

  • — Limit Order
  • — Market Order

Discounts For The Big Traders

  • — N

N

Summary:

2 Factor AuthenticationNo
Funds InsuredNo
Private Keys Stored OnNo
Storage TypeNo

Advanced Security Features:

  • — N

Security Features:

  • — N

Legal Registration or Compliance:

  • — N

Maicoin was founded by Alex Liu, a Stanford University graduate and one of the key figures who worked for Siemens, Samsung, and Qualcomm. The company provides digital assets (BTC, ETH) brokerage and custodial services focused on the Taiwanese market and has operated profitably since 2014.

Summary:

As the company is mainly focused on the Taiwanese market, the flexible deposit and buy/sell functions work only for Taiwan-based users. Maicoin's standout feature is its support for Bitcoin deposits at ATMs and at any of the Hi-Life local kiosks in Taiwan.

Ease of useIntuitive
Transaction Fees0.8% +, BTC ATM 0.60usd/deposit
Deposit/Withdrawal FeeIt's Free (fees May Be Hidden)
Deposit/Withdrawal Fee For Bank TransferN/A
Deposit/Withdrawal Fee For Credit CardN/A
Deposit/Withdrawal Fee Charged For 3rd party Payments0.70usd/deposit
Anonymous TradingNo

Deposit/Withdrawal Options:

Deposit from bank account, Deposit using 3rd party, Deposit using an ATM (Special BTC ATM), Withdrawl funds to bank account, Withdrawal funds through a third party, Withdrawal from ATM (Special BTC ATM), Send/Receive Crypto

Functionality:

The Maicoin platform has a daily trade limit of $16,000. The user's assets are stored on the Blockchain and all the transaction fees are incorporated in to the prices of the assets. Users can make cash deposits in Taiwanese Dollars at Hi-Life kiosks or buy Bitcoin at special ATMs.

Most common customer complaint:

— Expensive and/or slow transactions