Cryptocurrency trading continues to gain popularity, and Taiwan's BitoPro Exchange has tailored its services specifically for local users. Beyond traditional bank transfers, BitoPro pioneered the innovative "Convenience Store Buy" feature, making crypto accessible to mainstream investors.
As one of Taiwan's top three virtual currency exchanges by trading volume, BitoPro stands out with its unique offerings. This comprehensive guide covers everything from security measures to step-by-step registration.
BitoPro Exchange Overview
BitoPro, launched in 2018 by BitoEX Group, serves as Taiwan's premier cryptocurrency trading platform specializing in:
- New Taiwan Dollar (TWD) trading pairs
- Major cryptocurrencies (BTC, ETH, LTC)
- Innovative services like convenience store purchases
- Advanced trading tools (grid trading, debt products)
Key Statistics
| Metric | Details |
|---|---|
| Headquarters | Taiwan |
| Founded | 2018 |
| Supported Cryptos | 20+ currencies, 30+ trading pairs |
| Trading Fees | Maker 0.1%, Taker 0.2% |
| Security | Far Eastern Bank trust, cold wallet storage |
| Fiat Support | TWD deposits/withdrawals |
Security Measures: Is BitoPro Safe?
BitoPro implements robust security protocols:
- Bank Trust Protection: TWD assets safeguarded by Far Eastern Commercial Bank
- Cold Wallet Storage: 98% of assets stored offline
- Multi-Signature Wallets: Requires multiple approvals for withdrawals
- AI Protection: Advanced DDoS and WAFI security systems
- Regulatory Compliance: Meets all Taiwan FSC anti-money laundering requirements
👉 Discover more secure crypto platforms
Registration Process: Step-by-Step Guide
1. Account Creation
- Visit BitoPro official website
- Select account type (individual/corporate)
- Complete registration with email and password
- Verify through email confirmation
2. Identity Verification (KYC)
- Submit personal information
- Upload government-issued ID
- Wait 1-3 business days for approval
3. Bank Account Linking
- Connect your Taiwanese bank account
- Required for TWD deposits/withdrawals
Depositing and Withdrawing Funds
TWD Deposit Methods
Bank Transfer
- Use registered bank account
- Processed within 1 business day
Convenience Store Payment (Currently suspended due to regulations)
- Previously available at FamilyMart and Hi-Life
- Daily limit: NT$10,000
Crypto Deposits
- Supports multiple blockchains
- Confirm correct network before transferring
TWD Withdrawals
- Processed within 1-2 business days
- NT$15 fee per transaction
- Available during banking hours only
Trading Features and Products
Spot Trading
- Intuitive interface with real-time charts
- Limit/market/stop-limit orders available
Debt Investment Products
- Fixed-income opportunities using USDT
- Similar to traditional bank deposits
Grid Trading
- Automated buy-low-sell-high strategy
- 24/7 operation suitable for volatile markets
👉 Explore advanced trading tools
Fees Structure
| Transaction Type | Fee |
|---|---|
| Maker Orders | 0.1% |
| Taker Orders | 0.2% |
| TWD Withdrawal | NT$15 |
| Crypto Withdrawals | Varies by currency |
Discounts available for high-volume traders and BITO token holders
Frequently Asked Questions
Is BitoPro regulated in Taiwan?
Yes, BitoPro operates legally under Taiwan's Financial Supervisory Commission regulations.
What verification documents are required?
Government-issued ID, personal information, and Taiwanese bank account details.
How long do withdrawals take?
TWD withdrawals typically process within 1-2 business days during banking hours.
Does BitoPro have a mobile app?
Yes, available for both iOS and Android devices via their official website.
What's the daily deposit limit?
NT$100,000 for newly verified accounts during first 31 days.
How to contact customer support?
- Phone: +886-2-89119333 (Mon-Fri 9:30am-8:00pm)
- Email: [email protected]
- Live chat on official website
Final Verdict
BitoPro remains a top choice for Taiwanese crypto investors seeking:
- Regulatory compliance
- Localized services
- Multiple fiat options
- Conservative investment products
While suitable for beginners and conservative traders, those interested in derivatives or DeFi might prefer international exchanges like Binance or OKX.