ACE cryptocurrency exchange, launched in 2018, is committed to building a professional fiat-to-crypto exchange in the Chinese community and providing a channel for Taiwanese people to have contact with cryptocurrencies.
The company has partnered with well-known international law companies, experienced accountants, financial institutions, and regulatory and legislative bodies to meet the strictest risk control standards. Their certified in-house Anti-money Laundering team ensures that ACE crypto exchange adheres to the strictest KYC and AML regulations.
For Taiwanese nationals, all they have to do to pass KYC verification is to sign up and upload their valid government-issued identity cards. Foreign nationals, however, have to upload a copy of their international passport along with a selfie.
The platform is quite restrictive as it is not accessible in a lot of countries. The following countries are not allowed on the platform: Austria, Belgium, Bulgaria, Byelorussia, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom, Iceland, Lichtenstein, Norway, Former Federal Republic of Yugoslavia, Ukraine, Serbia, Albania, Cayman Islands, Barbados, Malta, Turkey, Russia, Japan, Democratic People's Republic of Korea (North Korea), The United Arab Emirates, Iran, Iraq, Lebanon, Myanmar, Syria, The Taliban, Yemen, Pakistan, Sri Lanka, Cambodia, Philippines, Burkina Faso, Kingdom of Morocco, Central African Republic, Crimea and Sevastopol, Democratic Republic of the Congo, Eritrea, Ethiopia, Guinea-Bissau, Haiti, Libya, Mali, Republic of Senegal, Republic of Mozambique, Somalia, South Sudan, Sudan, Tunisia, Uganda, United Republic of Tanzania, Zimbabwe.
The only allowed fiat currency on the platform is the Taiwanese dollar (TWD). Along with the TWD market, other markets available for trading on the platform are BTC, USDT, DeFi, and an Innovation market. In total, there are 55 ACE trading pairs available for its user to trade with. ACE spot trading is the only allowed trading option on the platform. Although the platform has plans of adding margin and derivatives in the future, as of January 2023, it is unavailable.
ACE crypto price for withdrawals of fiat and crypto assets depends on the user’s level of verification on the platform. For BTC withdrawals, a charge of 0.0002 is imposed on withdrawals on the Bitcoin mainnet, while 0.000006 BTC is charged on withdrawals over the BSC network. The price structure differs depending on the cryptocurrency and blockchain network in question. In terms of fiat deposits, the minimum amount that can be withdrawn daily is dependent on the user’s KYC level.
When it comes to trading fees, ACE exchange fees are only paid for taker trades. A flat fee of 0.10% is charged on all taker trades, however, all maker trades are free of charge. The purpose of this is to promote and increase liquidity in the exchange. Furthermore, the ACE crypto exchange supports fiat deposits through bank transfers, as well as credit or debit cards.
About the Company
The ACE cryptocurrency exchange team is made up of David Pan, Hiro Wang, and Avril Lai. David serves as the director and adviser of the platform. He had years of experience in finance and auditing. Before working at ACE, he was a former COO of KPMG Innovation and startups. Hiro works as the general manager of the exchange with over 10 years of experience in the internet and tech industry. Prior to working at ACE, Avril worked as the Chief Marketing Officer at Jet-Go consulting group. Avril has experience in branding and has worked for top brands like Mcdonald's, CHT, and others. Avril is currently the CMO of ACE and serves as the Vice President of ABM.
In January 2023, the ACE trade volume ranged around $8,5 million. To check the current ACE volume, take a look above.