Understanding Crypto Acquisition
Want to invest in Steaker's offerings but unsure how to acquire cryptocurrency? Steaker supports USDT, USDC, DAI stablecoins, and allows BTC/ETH deposits for yield generation. This guide simplifies your first crypto purchase journey.
Three Primary Exchange Channels
1. Instant Exchange Platforms
Examples: MaiCoin, SangSpeed
- Beginner-friendly with fixed pricing
- Slightly higher fees than exchanges due to manual processing
- Steaker partners with SangSpeed for seamless conversions via Line app
Pro Tip:
Use Steaker Wallet's built-in "Fiat-to-Crypto" feature to skip transfer fees when using SangSpeed.
2. Cryptocurrency Exchanges
Taiwan-Friendly Options:
- Bank transfer: MAX, ACE, BITASSET
- Credit card: Binance, Crypto.com, ACE
Key Considerations:
- Requires KYC verification
- Better rates for large transactions (>NT$10,000)
- Check exchange liquidity before large sell orders
👉 Compare top global exchanges for reliability ratings.
3. OTC (Over-the-Counter) Trading
- Private negotiations for bulk transactions
- Higher risk - use trusted vendors only
- Some platforms like MaiCoin offer regulated OTC services
FAQ Section
Q: Which method has the lowest fees?
A: Exchanges generally offer the best rates for transactions above NT$10,000.
Q: Is OTC trading safe?
A: Only recommended through verified platforms or trusted contacts due to fraud risks.
Q: Can I buy crypto with credit cards?
A: Yes, but card fees may be higher than bank transfers - offset with cashback cards.
Q: How fast are instant exchange platforms?
A: Typically complete within 30 minutes, depending on verification steps.
Final Recommendations
For beginners, SangSpeed through Steaker Wallet provides the most streamlined experience. As you advance, explore exchanges for better pricing on larger transactions.
👉 Discover more crypto strategies to optimize your investments.
Always conduct independent research before investing. Cryptocurrency investments carry market risks - only invest what you can afford to lose.