XREX Exchange officially launched its TWD services on September 12, enabling users to deposit and withdraw Taiwanese Dollars (TWD) seamlessly and trade cryptocurrencies directly with TWD. In partnership with Far Eastern International Bank, XREX ensures that all user TWD assets are held in a trust custody account, providing full protection for user funds. This banking trust structure ensures complete separation between user assets and exchange assets, enhancing security and transparency.
A User-Friendly Fiat-to-Crypto Exchange for Beginners
Originally focused on cross-border stablecoin transfers and USD global transactions for SMEs and corporations in emerging markets, XREX observed growing demand from Taiwanese users. With Taiwan’s regulatory environment maturing, XREX has now introduced TWD services to meet local expectations.
The rollout occurs in phases:
- Phase 1 targets retail investors with an annual deposit limit of 3 million TWD per account, emphasizing a beginner-friendly ecosystem.
- Simplified trading features include spot trading (market/limit orders), conversions (fiat-to-crypto, crypto-to-fiat), grid trading bots, and non-leveraged short selling.
- No leverage or complex derivatives are offered, aligning with XREX’s mission to provide a secure, transparent, and liquid spot exchange.
👉 Discover how XREX simplifies crypto trading for beginners
Supported TWD Trading Pairs and Features
Over 20 cryptocurrencies—including BTC, ETH, USDT, USDC, and major altcoins—can be traded directly with TWD. Key highlights:
- Trading fees range from 0.05% to 0.2%, with grid trading fixed at 0.05%.
- Compliance measures include a 24-hour cooldown period when switching between USD/TWD trading pairs (does not affect deposits/withdrawals or grid bots).
FAQ Section
1. How do I withdraw TWD from XREX?
Withdrawals are processed via linked bank accounts. Ensure your account is verified for seamless transactions.
2. What are the deposit/withdrawal fees for TWD?
Fees vary by method. Check XREX’s official fee schedule for details.
3. Why is there a 24-hour trading restriction between USD/TWD?
This compliance measure prevents misuse and ensures regulatory adherence.
👉 Explore XREX’s full range of services
Expanding Taiwan’s Crypto Accessibility
XREX eliminates the need for users to convert TWD to USDT first, offering competitive liquidity and pricing. This reduces barriers for Taiwanese traders, who previously faced fragmented processes and extra fees.
Final Notes
- Download the XREX app for direct access.
- Join XREX’s Line community or follow their Facebook page for updates.
- Contact support via email at
[email protected].
About XREX
A blockchain-based financial institution founded in 2018, XREX offers enterprise-grade crypto services, including custody, cross-border payments, and fiat-crypto exchanges, with licenses in multiple jurisdictions. Committed to financial inclusion, XREX leverages blockchain to advance global financial access and education.