Maicoin
MaiCoin is a Taiwan-based digital asset exchange operating under Modernity Financial Technologies Co., Ltd., offering spot trading in Bitcoin, Ether, and Litecoin plus OTC, yield, NFT marketplace, merchant payments, and corporate services to retail and institutional customers in Taiwan.
- Company typePrivate
- Founded2013
- HeadquartersPalo Alto, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Maicoin does
MaiCoin is a Taiwan-based digital asset exchange platform operated by Modernity Financial Technologies Co., Ltd. (Tax ID: 54687323), providing spot trading in Bitcoin, Ether, and Litecoin to retail and corporate customers in Taiwan. The platform supports NTD and USD trading pairs and is accessible via a self-serve web interface, mobile app, a physical Taipei store (Bade Business Office, Zhongzheng District), and a dedicated OTC desk for high-volume traders. Additional product surfaces include the MaiNFT marketplace for digital collectibles, Recurring Orders for automated small-denomination purchases (from NT$100), Yield products for returns on holdings, and MaiCoin Pay Merchant for business payment acceptance. Corporate Services and OTC trading serve institutional and high-volume clients through dedicated onboarding and custom pricing.
The platform's core technology stack centers on Amazon Web Services, with Amazon ElastiCache Valkey 8.0.1 deployed via a self-managed blue/green strategy using RedisShake to deliver millisecond-level latency for 24/7 trading at 20-33% lower infrastructure cost than the prior Redis OSS configuration. Asset security relies on SSL encryption, offline cold storage, and the patented AMIS WS threshold signatures technology with comprehensive monitoring. The platform emphasizes a regulated, compliance-oriented posture as a licensed Taiwanese exchange.
MaiCoin's business model is transaction-fee driven across spot trades, OTC trades, yield spread/fees, NFT marketplace commissions, and merchant payment processing. The go-to-market combines product-led growth for retail (low NT$100 minimum, multiple payment methods including online banking and ATM, streamlined identity verification) with enterprise field sales for corporate and institutional clients via OTC desk, dedicated corporate accounts, and MaiCoin Pay merchant integrations. Customers are exclusively in Taiwan. Revenue is not publicly disclosed; the company has raised approximately $5M in disclosed funding across 2014–2017 and an undisclosed Series 2 round in August 2024 with Far EasTone Telecommunications and Federal Group.
Maicoin firmographics
Firmographics- Name
- Maicoin
- Legal name
- Modernity Financial Technologies Co., Ltd.
- Website
- https://maicoin.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- MaiCoin is a Taiwan-based digital asset exchange operating under Modernity Financial Technologies Co., Ltd., offering spot trading in Bitcoin, Ether, and Litecoin plus OTC, yield, NFT marketplace, merchant payments, and corporate services to retail and institutional customers in Taiwan.
- Ownership category
- akta.pro rank
Maicoin industry classification
Industry- Product category
- Cryptocurrency Exchange
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities and Commodity Exchanges (523210)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)
- akta.pro primary industry
- On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks (FSADAIAE)
- akta.pro secondary industries
- Market Making & Liquidity Provision (FSADAJAC), Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), Trading Cards & Collectibles NFT Marketplaces (FSADANAI)
Keywords
Where Maicoin is headquartered
LocationHeadquarters
- HQ city
- Palo Alto
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Maicoin business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Cryptocurrency Trading Transaction Fees: MaiCoin charges transaction fees for buying and selling cryptocurrencies on its exchange platform. Users can trade Bitcoin, Ether, and Litecoin with fees and limits applied per transaction.
- NFT Marketplace Transactions: MaiCoin operates MaiNFT, an NFT marketplace where users can trade digital collectibles and artwork, generating revenue through marketplace commissions on NFT sales.
- Over-the-Counter (OTC) Trading: Dedicated OTC trading service for institutional and high-volume traders with personalized service, likely generating higher transaction fees for larger trades.
- Corporate Services: Business-focused cryptocurrency services including corporate accounts, merchant solutions via MaiCoin Pay, and institutional trading solutions.
- Yield Products: Yield products allowing users to earn returns on their cryptocurrency holdings, potentially generating revenue through spread or fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard retail trading with minimum purchase of NT$100 |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels7 records
Maicoin product offering
Product offeringCore offering
MaiCoin operates a Taiwan-based digital asset exchange platform enabling retail and institutional users to buy, sell, and trade cryptocurrencies including Bitcoin, Ethereum, and Litecoin in NTD and USD. The platform extends beyond spot trading to provide OTC trading for high-volume counterparties, yield-generating products, an NFT marketplace (MaiNFT), recurring automated purchase orders, and a merchant payment acceptance solution (MaiCoin Pay). Corporate and business clients are served through dedicated corporate account onboarding and tailored institutional services.
Product overview
MaiCoin is a Taiwan-based digital asset exchange platform operated by Modernity Financial Technologies Co., Ltd. The platform operates as a multi-module ecosystem centered around the MaiCoin Exchange core product, complemented by MaiNFT for NFT marketplace functionality, Recurring Orders for automated investing, OTC services for large-volume trades, Yield products for earning returns, MaiCoin Pay Merchant for payment processing, and Corporate Services for business clients. The platform supports trading of Bitcoin, Ethereum, and Litecoin with NTD and USD currency pairs.
Differentiator
Problem solved
Functional benefit
Products and services
- MaiCoin Exchange Taiwan-based digital asset exchange platform enabling users to buy, sell, and trade cryptocurrencies including Bitcoin, Ethereum, and Litecoin with NTD and USD currency support. Minimum purchase threshold of NT$100 with multiple payment methods including online banking and ATM.
- MaiNFT
Quantifiable outcome
- 20-33% lower infrastructure costs after Valkey migration while maintaining millisecond-level latency
- +1 more outcomes
Companies that use Maicoin
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Maicoin technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Maicoin partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Amazon Web Services (AWS)coreMaiCoin utilizes Amazon ElastiCache Valkey for its caching infrastructure, having migrated from Amazon ElastiCache Redis OSS. The company employs a blue/green deployment strategy facilitated by RedisShake for continuous data synchronization. AWS infrastructure supports around-the-clock crypto trading operations with millisecond-level latency requirements.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Maicoin competitors and assessment
Company assessmentDirect peers
- BitoEX / BITOPro: BitoEX and its BITOPro platform are Taiwan's longest-standing domestic crypto exchanges, offering spot trading, OTC, and corporate accounts in NTD. They directly compete with MaiCoin for the same Taiwanese retail and institutional customer base.
- ACE Exchange: ACE Exchange is a Taiwan-regulated cryptocurrency exchange providing NTD on/off-ramps, spot trading, and institutional services. It is a direct domestic competitor to MaiCoin in the Taiwanese retail and corporate crypto market.
- MAX Exchange: MAX is a Taiwan-based digital asset trading platform within the MaiCoin Group ecosystem, offering spot trading of major cryptocurrencies in NTD. It is part of the same corporate family and directly comparable as a domestic Taiwan exchange.
- BitPay: BitPay is a leading crypto payment service provider enabling merchants to accept and settle in cryptocurrency. MaiCoin Pay competes directly with BitPay in the merchant crypto acceptance category.
Broad incumbents
- Coinbase: Coinbase is the largest US-listed crypto exchange offering spot trading, custody, staking, and payments. As a global incumbent with deeper liquidity and brand, it represents the long-tail competitive threat MaiCoin faces in retail trading.
- Binance: Binance is the world's largest crypto exchange by trading volume with a broad product suite including spot, derivatives, OTC, and payments. It competes with MaiCoin wherever its users overlap with Taiwanese retail traders.
- Crypto.com: Crypto.com operates a global crypto exchange plus a consumer payments/cards app. Its combined exchange + payment offering closely mirrors MaiCoin's spot + MaiCoin Pay model, making it a relevant incumbent peer.
- Kraken: Kraken is a global crypto exchange with strong OTC and institutional trading desks. MaiCoin's OTC and Corporate Services compete for the same institutional and high-net-worth crypto trading flow in the Asia-Pacific region.
Emerging players
- Paxful: Paxful is a peer-to-peer crypto marketplace with strong presence in emerging markets. It is comparable to MaiCoin as an alternative fiat-to-crypto on/off-ramp channel for retail users outside traditional banking.
Others
- CakeResume: CakeResume is a Taiwan-based talent platform; MaiCoin uses it for hiring. It is included as an adjacent ecosystem participant rather than a competitor, illustrating MaiCoin's local Taiwan tech ecosystem ties.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Maicoin social profiles
Digital presenceMaicoin financial estimates
Financial estimateRevenue estimate
Valuation estimate
Maicoin leadership team
Management profileNumber of profiles
Profiles3 records
Maicoin funding detail
Funding detailFunding overview
Funding rounds4 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Maicoin M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Maicoin
What does Maicoin do?
MaiCoin operates a Taiwan-based digital asset exchange platform enabling retail and institutional users to buy, sell, and trade cryptocurrencies including Bitcoin, Ethereum, and Litecoin in NTD and USD. The platform extends beyond spot trading to provide OTC trading for high-volume counterparties, yield-generating products, an NFT marketplace (MaiNFT), recurring automated purchase orders, and a merchant payment acceptance solution (MaiCoin Pay). Corporate and business clients are served through dedicated corporate account onboarding and tailored institutional services.
Is Maicoin a public or private company?
Maicoin is a private company. It is classified as venture growth investor backed and is currently operating.
When was Maicoin founded?
Maicoin was founded in 2013. It employs 1 to 10 people.
Where is Maicoin based?
Maicoin is headquartered in Palo Alto, United States, in the North America region.
How does Maicoin make money?
Five revenue lines are on record. Cryptocurrency Trading Transaction Fees are the primary driver. The others are NFT Marketplace Transactions, over-the-Counter (OTC) Trading, corporate Services and yield Products.
Who are Maicoin's main competitors?
Direct peers on record are BitoEX / BITOPro, ACE Exchange, MAX Exchange and BitPay. Broad incumbents are Coinbase, Binance, Crypto.com and Kraken. Paxful is listed as an emerging player. CakeResume is listed as an others.
Does Maicoin have an API?
No public API is recorded for Maicoin.
What industry is Maicoin in?
Maicoin's product category is Cryptocurrency Exchange. Its primary akta.pro industry code is FSADAIAE, On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks, with a secondary code of FSADAJAC, Market Making & Liquidity Provision. Its NAICS code is 5231 and its SIC code is 6200.