Transferring funds from Binance to other exchanges is a common withdrawal method. This guide provides a detailed walkthrough for moving cryptocurrencies from Binance to MAX Exchange, including fees, limits, and FAQs.
Key Steps for Binance-to-MAX Transfer
- Register on MAX Exchange
Use an affiliate link for permanent 20% trading fee discounts + additional MAX token benefits. - Withdraw Crypto from Binance to MAX
Example: Transfer Bitcoin (BTC) from Binance to your MAX wallet. - Convert Crypto to TWD (Optional)
Sell assets like BTC for TWD and withdraw to your bank account.
Overview of Binance and MAX Exchanges
Binance Exchange
- Global Rank: #1 cryptocurrency exchange by trading volume (2024).
- Features: Supports 100+ cryptocurrencies, 2.4+ billion registered users.
👉 Visit Binance Official Site
MAX Exchange
- Global Rank: #125 in spot trading (2024).
- Features: Taiwan-based, supports fiat-crypto trading since 2018.
Fees and Limits for Binance-to-MAX Transfers
| Blockchain Network | Withdrawal Fee (BTC) | Notes |
|---|---|---|
| BNB Smart Chain (BEP20) | 0.0000069 | Low-cost option |
| Bitcoin (BTC) | 0.00011 | Higher security |
| Ethereum (ERC20) | 0.000069 | Moderate fees |
Note: Fees vary by cryptocurrency and network. USDT/ETH rates differ.
Step-by-Step Instructions
Step 1: Register on MAX Exchange
- Click the MAX affiliate registration link.
- Complete KYC with ID documents (5–10 minutes).
Step 2: Transfer Crypto from Binance to MAX
- Binance App: Navigate to "Funds" → "Withdraw" → Select BTC.
- MAX App: Generate a BEP20 deposit address under "Wallet" → "BTC" → "Receive".
- Complete Transfer: Paste the MAX address into Binance, confirm network (BEP20), and submit.
Processing Time: ~30 seconds for crypto deposits.
Withdrawing TWD from MAX Exchange
Key Details
- Fee: 15 TWD per withdrawal.
Limits:
- Max 1M TWD/transaction (2M TWD daily).
- Funds arrive in 0–2 business days.
Steps to Withdraw TWD
- Sell BTC for TWD via MAX trading pairs.
- Navigate to "Wallet" → "TWD" → "Withdraw".
- Enter amount and confirm via Google Authenticator.
FAQs
1. What’s the cheapest network for Binance-to-MAX transfers?
BEP20 (BNB Smart Chain) offers the lowest fees for supported coins like BTC/USDT.
2. How long do MAX withdrawals take?
TWD withdrawals typically process within 1 business day for non-Bankee accounts.
3. Are there MAX deposit limits?
No limits for crypto deposits; fiat withdrawals have tiered caps.
4. Can I use other networks besides BEP20?
Yes, but ensure both exchanges support the same chain (e.g., ERC20 for ETH).
5. Is KYC mandatory for MAX?
Yes, Level 2 verification unlocks fiat withdrawals.
6. What if my transfer doesn’t arrive?
Verify the network match and contact support with the transaction hash.
Pro Tips
- Double-check addresses: Always test with a small amount first.
- Track fees: Use Binance’s fee calculator for cost estimates.
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Disclaimer: Cryptocurrency investments carry high risk. This guide is informational only and not financial advice.