Last year, Bitcoin's surge was really intense, and many friends around me made a profit.

But after making money, I realized a problem—how to exchange Bitcoin for Taiwanese dollars?
So I want to share a few methods I’ve explored during this time.

First of all, most international Bitcoin exchanges don’t support direct TWD withdrawals, which is a trap.
Therefore, Taiwanese investors need to find platforms that support New Taiwan Dollar.
I’ve tried MaiCoin and MAX, both are local Taiwanese Bitcoin exchanges, and they are quite user-friendly.
MaiCoin has been operating since 2014, so security is not a concern.
MAX also has good liquidity, and both platforms charge a withdrawal fee of 15 NT dollars, with funds arriving in about two business days.

If you want more options, you can consider Mitrade, a brokerage platform.
It supports TWD deposits and withdrawals, and you can trade Bitcoin via CFDs, with 1-2 free withdrawals each month.
But be aware that CFD trading is different from direct buying and selling, so you need to understand the rules before operating.

Another option is BitoEx’s e-wallet, which offers completely free withdrawals, but funds may take up to 7 business days to arrive.
Personally, I recommend using legitimate Bitcoin exchanges, as they offer better security and faster processing.
Never trade privately through Line groups or Facebook communities—scam risks are too high.
A friend of mine almost got scammed once.

Finally, a reminder: no matter which platform you use, first understand the details like fees and deposit times.
Choosing a legally registered Bitcoin exchange is the most important.
That way, you can safely convert your virtual assets into cash.