Max Maicoin

Max Maicoin Review

What is Max Maicoin?

Max Maicoin is a centralized crypto exchange registered in Taiwan. It has been up and running since 2014.

Max Maicoin Advantages

Most exchanges list a few things on its website as its main advantages. The reasons for choosing this particular trading platform ahead of any other trading platform. For Max Maicoin, such advantages are the security, the reliable API and their low fees. We feel that all of these features are important.

US-investors

This trading platform does not prohibit US-investors from trading, but US-investors should still do their own independent assessment of any problems arising from their residency or citizenship.

Mobile Support

This exchange is also available as a mobile app. Why wouldn’t it be? Download it for free on AppStore for iPhone, or Google Play for Androids. And have a look at the incredible promo picture below.

Max Maicoin Trading View

Different exchanges have different trading views. And there is no “this overview is the best”-view. You should yourself determine which trading view that suits you the best. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen crypto and order history. They normally also have buy and sell-boxes. Before you choose an exchange, try to have a look at the trading view so that you can see that it feels right to you. The below is a picture of the trading view at Max Maicoin:

Max Maicoin Fees

Max Maicoin Trading fees

The most important lesson to learn when it comes to picking the right platform is that you must always check the fees. Every trade occurs between two parties: the maker, whose order exists on the order book prior to the trade, and the taker, who places the order that matches (or “takes”) the maker’s order.

This exchange’s trading fees for takers are 0.15%. This fee is below the industry average, which is arguably around 0.25%. One of this exchange’s strong offerings is that the exchange also charges a very low fee for makers, namely 0.05%. This promotes the liquidity at the exchange and is a strong aspect for this platform.

Max Maicoin Withdrawal fees

Another fee to consider before choosing which exchange to trade at is the withdrawal fee. The withdrawal fee is usually fixed (regardless of the amount of cryptocurrency units withdrawn), and varies from cryptocurrency to cryptocurrency. For BTC-withdrawals, this exchange charges 0.0005 BTC. This is also slightly below the industry average. Global industry average BTC-withdrawal fee is approx. 0.0008 BTC.

All in all, with respect to the fees, Max Maicoin is doing a great job.

Deposit Methods

This exchange offers wire transfer as a deposit method, but you can’t deposit via credit card. Offering wire transfer enables people with no previous crypto holdings to start off their trading career here, which is very helpful. If you must find an exchange also accepting credit card deposits however, you can do by using our Exchange Finder.