MAX Exchange Announcement

05/01 National Labor Day Annoucement

Customer Service will be closed on Wednesday May 1st, 2019 in observation of Labor Day. However, MAX Digital Asset Exchange will operate normally.

Considering the bank processing times, NTD withdrawal requests made after 14:30 on April 29th will be processed on Thursday May 2nd.


MAX Token Fee Rebates & TWD Market Fees

Starting from 12:00PM(GMT+8) May 2nd, 2019, MAX tokens can be used to pay for trading and withdrawal fees. Users will receive discounts when using MAX tokens to pay for these fees. Details as below:

Trading fees discount

  • Users need to enable this feature on the “Preference Page” first.
  • When MAX tokens are used to pay for trading fees, a 50% discount will be applied, and the equivalent amount of MAX tokens will be charged. (ex. The fee is TWD$20. After 50% discount, the fee will be TWD$10, which is equivalent of 4 MAX tokens.) 
  • If your account balance of MAX tokens is insufficient to pay for the trading fees, we will charge the original amount without any discount.
  • For those trades that MAX tokens are paid for the trading fees, only trading rewards will be given ( no mining rewards).

Withdrawal fees discount

  • Users need to enable this feature on the “ Preference Page” first.
  • When MAX tokens are used to pay for withdrawal fees, a 20% discount will be applied, and the equivalent amount of MAX tokens will be charged. (ex. The fee is TWD$10. After 20% discount, the fee will be TWD$8 , which is equivalent of 3.2 MAX tokens. ) 
  • If your account balance of MAX tokens is insufficient to pay for the withdrawal fees, we will charge the original amount without any discount.

To maintain the operation of MAX community ecosystem, MAX will begin charging trading fees and withdrawal fees on TWD trading pair. Details as below:

Trading fees on TWD trading pair

  • Trading Fees: 
    • Maker fee - 0.05% of total transaction amount will be charged.
    • Taker fee -  0.15% of total transaction amount will be charged.
  • Round up to the nearest TWD. Minimum is TWD$1.
  • Discount will be applied if using MAX Tokens as payment.
  • Invoices will be issued on TWD trades.
  • Minimum order size is TWD$250.

Withdrawal fee on TWD trading pair

  • 0.3% of the withdrawal amount will be charged as handling fee. The minimum handling fee is TWD$10.
  • Round up to the nearest TWD.
  • Discount will be applied if using MAX Tokens as payment.
  • Invoices will be issued on TWD trades.
  • Minimum withdrawal size is TWD$100.

Related links - https://max.maicoin.com/docs/fees


A Letter from Alex Liu, CEO of MaiCoin Group, Q1 2019

Marking the sixth year of establishment as of 2019, MaiCoin Group now forges ahead to our next milestone: MAX Exchange (MaiCoin Asset Exchange) set to transform into a security token exchange. I would like to extend my tremendous appreciation to all the friends who have supported MaiCoin/MAX Exchange products through this journey. I would also like to take this opportunity to recap the progress that MaiCoin Group has made in 2018 and our plans for 2019.

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