Despite most Taiwanese being clueless aboutBitcoin, you wouldnt believe how easy is to get it here. In fact, you cansuch as FamilyMart, 7-11, OK Mart and Hi-Life.

Thatsover 10 000 locationsall over the island. If thats not enough for you, you may also get it in any bank ATM using your Taiwanese card.

These services are provided by two competing Taiwanese companies – Bitoex andMaicoinwhich managed to get around regulations regardingBitcoin ATMs in Taiwan.

I dont have a personal experience using Maicoin yet, therefore Ill only be talking about the former one.

They seem to offer thesame kind of services though so Im sure the purchasing method is similar. Let me know if youve tried it.

The most straightforward way to get Bitcoin is togo to any FamilyMart store(around 3000 all over the place) and head straight to FamiPort. Its an ATM-like machine where you can buy all kinds of transportation and venue tickets and much more.

Dont even bother asking cashiers, the chances are they have no fucking clue what Bitcoin is.

Note thatFamiPort is all Chinesebut the process is easy as every option has a corresponding picture next to it. If I could do it, you can too.

1 Tap the Dollar sign logo saying which means Payment.

2 Select the Pencil and paper logo with label that stands for Virtual account.

3 Type in BTC into the input field and confirm tapping on the blue button saying right next to it.

4 Type in your (or your friends)Taiwanese phone numberand confirm with the big blue button. This number is where you receive your SMS with instructions.

5Choose a temporary passwordto be able to send your soon-to-be-bought Bitcoins to your own wallet.

6 Type in your desiredamount of Bitcoinsyou want to buy. Theres a flatservice fee ofNT$25that goes to FamilyMart.

7 A summary screen will pop out.Make sure everythings correctand tap the second blue button saying which means Print the bill.

After you finished all necessary steps the machine willprint out the billfor you.

Just go to the cashier, hand over the bill andpay with cash or card- whatever you prefer.

You willreceive an SMSin a couple of minutes with a link to a Bitoex deposit page.

You can eithersend Bitcoins to your own walletor you can send it to your existing Bitoex wallet (you can also create one in the process).

Since everythings in Chinese I would only recommend sending Bitcoins to Bitoex if you already have an account registered.

We will stick with the easier option – sending Bitcoins to your own mobile/PC/web/hardware/whatever wallet.

I would strongly advise you todo this step on your computerbecause its much easier to copy & paste your wallet address.

1 Click the link in the SMS and tap the gray button saying Other wallets.

After the transaction is made you will be charged thenetwork fee of 0.0005BTCwhich is currently around NT$5.

2 In the next step,type in the passwordthat you set up on the FamiPort machine.

Order numbershould already be pre-filled. Do it yourself in case its not.

4 Check that everythings correct and confirm the transaction.

Your Bitcoins will be sent to the wallet specified in no time. Usually,it takes 10 minutes to confirm the transaction, but you should see it unconfirmed in your wallet almost instantly.

We hope youlikethe post. Pleaseshareit with your followers. Thank you for your support!

Subscribeto ournewsletterfor weekly thoughts and tutorials. Youll receive aFREE e-bookas a bonus!

When explaining a Bitcoin transaction to beginners they always seem to struggle with the concept of change outputor

It happens quite often nowadays that government parasites issue secret subpoenas to certain online service providers. These

You probably heard of people that make millions of dollars trading Bitcoin. While big profits are indeed tied to Bitcoin

Since whistleblower Edward Snowdenleaked classified NSA documents exposing the global mass surveillance, protecting

Are you tired of political parasites getting in your way of life?

If yes, let us help you out with our EXCLUSIVE newsletter.

Hide your financial assetswith Bitcoin and other cryptocurrencies.

Make your communication privateusing open-source cryptographic tools.

Mitigate the risk of single point of failurein anything you do with decentralized technologies.

Are you intersted? Then become our subscriber, receive exclusive content straight to your inbox + claim yourFREE e-book!

Subscribe to get access to our exclusive content + claim yourFREE e-book!

Do you have anything to say? Become our author now.

Please contact us if youre struggling with anything.

Freedom Node is the edge every crypto enthusiast needs to get ahead in this industry. Click that sleek button to learn more about exactly​ what it is we offer.

Your email address issafe with us. We promise!

Freedom Nodeisunlicensedunder aCreative Commons CCZero 1.0 License/Waiver

Privacy PolicyCookies PolicyWarrant CanaryBitcoin Core

Open a channel with our Lightnig Network node: