How to buy Bitcoin in Taiwan? Binance takes TWD by card; OKX ended TWD P2P
Short answer
On Binance, you can buy directly in TWD with a Visa or Mastercard credit or debit card, or buy from merchants on P2P (TWD was added in 2020; whether TWD merchants are there now, see the app). On OKX, users in Taiwan can no longer trade TWD on P2P since 2024-06-24; for other ways to fund, check OKX's site and app. Either way, you need to sign up and complete identity verification first.
Binance by card
TWD supported
Visa and Mastercard credit and debit cards
Binance P2P
Buy from merchants in TWD
Merchants and payment methods: see the app
OKX
TWD P2P has ended
Since 2024-06-24; other services: see OKX's site and app
First
Sign up and verify
No deposits or trading without verification
Buy Bitcoin with TWD on Binance
Sign up for Binance from the button on this page; the referral code FAIRR is filled in for you
Complete identity verification: upload your ID and do the face check; review usually takes up to 48 hours
By card: choose TWD to pay and BTC to buy, then pay with a Visa or Mastercard card; if your bank asks for a one-time password, follow its steps
Or on P2P: talk to the merchant only in the Binance P2P order chat, and pay from an account whose name matches the merchant's verified name on Binance
Start small; buy spot only, and stay away from futures and margin
Binance vs OKX: buying with TWD
Binance
- Card purchase in TWD
- Yes: Visa and Mastercard credit and debit cards, plus Apple Pay and Google Pay
- P2P in TWD
- TWD added in 2020; current merchants and payment methods: see the app
- Crypto deposits and withdrawals
- Yes
- Verification first?
- Yes: all new users must complete Standard verification to deposit and trade
OKX
- Card purchase in TWD
- Check OKX's site and app
- P2P in TWD
- Ended for users in Taiwan since 2024-06-24
- Crypto deposits and withdrawals
- Check OKX's site and app
- Verification first?
- Yes: no crypto deposits, withdrawals or P2P without it
| Exchange | Binance | OKX |
|---|---|---|
| Card purchase in TWD | Yes: Visa and Mastercard credit and debit cards, plus Apple Pay and Google Pay | Check OKX's site and app |
| P2P in TWD | TWD added in 2020; current merchants and payment methods: see the app | Ended for users in Taiwan since 2024-06-24 |
| Crypto deposits and withdrawals | Yes | Check OKX's site and app |
| Verification first? | Yes: all new users must complete Standard verification to deposit and trade | Yes: no crypto deposits, withdrawals or P2P without it |
| Sign up | Sign up | Sign up |
The exchange has the final word
FAQ
What should I watch for on P2P?
Talk only in the Binance P2P order chat and ignore trade requests from outside the platform; pay the way the merchant specifies, from an account whose name matches the merchant's verified name; if they ask you to pay from someone else's account, don't.
Can I still use OKX?
Since 2024-06-24, users in Taiwan just can't trade TWD on OKX P2P; for other services, check OKX's site and app.
How much should I buy the first time?
Start small until you know the steps; buy spot only, and don't trade more just for the fee discount.
What do I get from signing up with the code?
Sign up with the code on this page and your trading fees get a 20% discount, paid to your account by the exchange; you don't need to apply.