Buying Ethereum (ETH) on a cryptocurrency exchange can feel overwhelming at first, especially if you're new to digital assets. But with the right guidance, the process becomes simple and intuitive. This comprehensive guide walks you through how to buy ETH on MAX Exchange, one of the popular platforms supporting TWD (New Taiwan Dollar) deposits. Whether you're using TWD or USDT, we'll cover every step—from account setup to placing your first order.
By the end of this article, you’ll understand how to navigate MAX’s trading interface, choose between limit, market, and stop orders, and avoid common pitfalls like high fees or failed transactions due to low liquidity.
👉 Discover a more liquid platform to trade Ethereum with better pricing and faster execution.
Understanding the MAX Exchange ETH Purchase Process
Before diving into the app, it helps to visualize the full journey of buying Ethereum on MAX Exchange. Think of it like shopping at a digital marketplace:
- Open an account – Gain entry to the platform.
- Deposit funds – Load your wallet with TWD or USDT.
- Place a trade – Buy ETH using your deposited assets.
- Withdraw or hold – Secure your investment in a personal wallet or keep it on the exchange.
Let’s break down each phase in detail.
1. Create and Verify Your MAX Account
To start trading on MAX, you must first register and complete Level 2 identity verification. Without Level 2, you won’t be able to deposit or withdraw TWD, which limits your flexibility.
Once verified, you can:
- Deposit TWD directly via bank transfer
- Receive cryptocurrencies like USDT or BTC from external wallets
This makes MAX ideal for users based in Taiwan who want seamless fiat onboarding.
2. Fund Your Account (Deposit TWD or USDT)
After verification, deposit funds into your account. MAX supports direct TWD bank transfers, making it convenient for local users.
While you can buy ETH directly with TWD, we recommend converting TWD to USDT (Tether) first. Why?
- Price stability: USDT is pegged to the US dollar, so its value remains consistent.
- Better pricing comparison: You can compare ETH prices across exchanges using USDT.
- Flexibility: USDT can be used to trade hundreds of other cryptocurrencies.
👉 Learn how top traders use stablecoins like USDT to optimize their crypto investments.
3. Buy Ethereum (ETH) Using USDT
Now that your account is funded, it's time to buy ETH. MAX allows trading in three ways:
- Limit Order
- Market Order
- Stop Order
Each serves a different purpose depending on your strategy and urgency.
4. Withdraw or Store Your ETH
After purchasing ETH, decide whether to:
- Keep it on MAX for future trades
- Transfer it to a cold wallet for long-term security
- Cash out profits by selling ETH for USDT and withdrawing TWD
Remember: Exchanges are not meant for long-term storage. For maximum security, use a hardware wallet.
How to Buy ETH on MAX: Mobile App Tutorial
This section provides a visual walkthrough of buying Ethereum using the MAX mobile app. We’ll focus on using USDT, as it offers more control and better cross-exchange compatibility.
Step 1: Convert TWD to USDT
Before buying ETH, convert your TWD to USDT.
Step 1.1 – Open the MAX App and Select USDT
- Launch the app and go to the “Trading” section.
- Tap on the USDT/TWD trading pair from the main screen or search bar.
Step 1.2 – Enter the Buy/Sell Interface
You’ll see a K-line chart showing real-time price movements. Tap “Buy” to proceed.
Step 1.3 – Choose Order Type
MAX supports:
- Limit Order: Set a specific price at which you want to buy USDT.
- Market Order: Buy instantly at the current market rate.
For stablecoins like USDT, market orders are usually safe due to minimal price volatility.
Step 1.4 – Confirm Purchase
Enter the amount of USDT you want to buy (or equivalent TWD), then tap “Buy”. A green banner will appear saying “Order Placed.”
⚠️ Note: “Order Placed” does not mean “Order Filled.” Limit orders execute only when the market reaches your set price.
Check active orders under the “Orders” tab to monitor status.
Step 2: Access the ETH Trading Interface
Now that you have USDT, let’s buy ETH.
Step 2.1 – Navigate to Trading Section
- Tap “Trade” at the bottom left.
- Switch the base currency to USDT (default is TWD).
- Scroll down and select ETH/USDT.
You’re now in the Ethereum trading interface.
Placing Orders for ETH: Limit, Market & Stop Orders
MAX supports three types of orders. Here’s how to use each one effectively.
2.1 Limit Order (Recommended for Most Users)
A limit order lets you specify the exact price at which you want to buy ETH.
Steps:
- Ensure “Limit” is selected (it’s the default).
Enter:
- Price: e.g., 1800 USDT per ETH
- Amount: e.g., 0.005 ETH
- Tap “Buy”.
The system will wait until ETH hits your target price before executing the trade.
✅ Pros: Control over entry price, lower fees (0.05%)
❌ Cons: May not fill if price doesn’t reach your level
💡 Pro Tip: Use limit orders when entering positions—especially during volatile markets.
2.2 Market Order (For Immediate Execution)
A market order buys ETH instantly at the best available price.
Steps:
- Tap “Market” to switch from limit mode.
- Enter the amount of ETH you want.
- Tap “Buy”.
Your order executes immediately.
✅ Pros: Instant execution
❌ Cons: Higher cost due to slippage; higher fee (0.15%)
🛑 Warning: Avoid market buys unless urgent. You may pay significantly above market average during fast-moving conditions.
2.3 Stop Order (For Risk Management)
A stop order triggers a limit order when ETH reaches a certain price—useful for protecting gains or limiting losses.
Use Case:
You own ETH and want to sell if the price drops below 1600 USDT.
Steps:
- Switch to “Sell” tab and select “Stop”.
Set:
- Stop Price: 1600 USDT
- Limit Price: 1595 USDT
- Quantity: Amount of ETH
- Tap “Sell”.
When ETH hits 1600, a limit sell order is placed at 1595.
✅ Ideal for automated risk control
⚠️ Must set stop price ≥ current market price
MAX Exchange Fees for Buying ETH
Trading isn't free—MAX charges fees based on your order type:
| Order Type | Fee Rate | Notes |
|---|---|---|
| Limit Order (Maker) | 0.05% | Adds liquidity; lower fee |
| Market Order (Taker) | 0.15% | Removes liquidity; higher fee |
| Stop Order | 0.05%–0.15% | Depends on triggered order type |
Always prefer limit orders unless speed is critical.
Frequently Asked Questions (FAQs)
Q1: Which order type should I use to buy ETH?
A: For most cases, use a limit order. It gives you price control and reduces fees. Only use market orders if immediate execution is essential.
Q2: Do I pay fees to cancel an order?
A: No. MAX does not charge cancellation fees. Fees apply only when your order is successfully filled.
Q3: What should I watch out for when setting a stop order?
A: The stop price must be equal to or higher than the current market price when buying (or lower when selling). Otherwise, it will trigger immediately.
Q4: Are there daily price limits (like stock market circuit breakers)?
A: No. Unlike stocks, cryptocurrency markets operate 24/7 with no upper or lower price limits per day.
Q5: When will ETH appear in my wallet after purchase?
A: Once your order is filled, ETH is credited instantly to your MAX wallet. Refresh the balance page to see updates.
Final Tips for Trading on MAX
- ✅ Always verify your trading pair (e.g., ETH/USDT, not ETH/TWD)
- ✅ Prefer limit orders over market orders
- ✅ Monitor liquidity—MAX may have slower fills than larger exchanges
- ✅ Consider transferring funds to more liquid platforms like OKX for active trading
👉 Access deeper liquidity and advanced trading tools with global market access.
Conclusion
Buying Ethereum on MAX Exchange is straightforward once you understand the workflow: verify your account, deposit TWD, convert to USDT, and place your ETH order using limit, market, or stop types.
While MAX excels in local TWD support, its limited liquidity makes it less ideal for frequent traders. For better pricing and faster execution, many users transfer USDT to larger exchanges after funding.
Mastering USDT-based trading opens doors across platforms like Binance, Bybit, and OKX—where most crypto activity happens.
Whether you're investing for the long term or actively trading, knowing how to buy ETH confidently is a foundational skill in your crypto journey.