The seventh annual Hit AI & Blockchain Summit concluded on February 6, 2024, with global digital asset exchange CoinW taking home the prestigious title of "Most Trustworthy Cryptocurrency Exchange in Asia". Recognized for its rapid growth, localized service innovation, and strong security framework, CoinW's award underscores its rising influence across the Asian crypto landscape.
Hosted by KNOWING News, BitFinance, and Str Tech, the summit stands as Taiwan’s highest-profile event uniting artificial intelligence and blockchain innovation. Co-organized by leading institutions such as the Yushan Tech Association, SEMI International Semiconductor Association, Taiwan FinTech Association, and the Taiwan E-Commerce & Startup Association (TeSA), the conference brought together top-tier policymakers, academic leaders, and industry pioneers.
Distinguished attendees included Taiwan’s Vice Premier Cheng Wen-tsan, Legislative Yuan President Han Kuo-yu, Minister of the Interior Lin Yu-chang, blockchain alliance convener Chen Mei-ling, former NCC Chairperson Chan Ting-i, and legal expert Tsai Yu-ling from Lee and Li Foundation International Law Firm. This powerful gathering emphasized Taiwan’s growing role in shaping the future of decentralized technologies and AI integration.
Advancing Blockchain Innovation Across Asia
The summit explored critical themes shaping the next phase of digital transformation:
- The convergence of AI and Web3
- Cybersecurity in decentralized ecosystems
- Regulatory developments in Taiwan’s crypto space
- Real-world applications of blockchain technology
Among the standout achievements highlighted during the event was CoinW’s recognition as a trusted leader in the region. The exchange has rapidly expanded its footprint since entering the Taiwanese market in early 2023. Its commitment to user security, regulatory engagement, and community-driven initiatives earned it widespread acclaim from both industry experts and local users.
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A Year of Growth and Localization in Taiwan
Accepting the award on stage, Man Yeung, CoinW’s Asia-Pacific Marketing Director, stated:
“This recognition is the perfect milestone for our first year in Taiwan. Becoming the world’s only comprehensive crypto exchange offering direct TWD deposits and withdrawals was a bold move—and one that resonated with local users. Winning ‘Most Trustworthy Cryptocurrency Exchange in Asia’ reflects not just our performance, but the trust our community places in us. We’ll keep innovating to build a better blockchain future together.”
Since its launch in Taiwan, CoinW has achieved remarkable traction:
- Over 120,000 registered users
- More than $500 million in combined spot and futures trading volume
- Strategic partnerships with cultural and educational institutions like GQ Taiwan and the Taiwan Blockchain University Alliance (TBA)
- Monthly offline events including networking mixers, private wine tastings, basketball meetups, and campus financial literacy weeks
These initiatives reflect CoinW’s deep commitment to localization—not just in payment methods, but in building authentic relationships with users and stakeholders.
Global Reach, Local Impact
Founded in 2017 by a group of passionate Bitcoin believers, CoinW has evolved into a leading global digital asset platform. With over 10 million registered users across more than 120 countries, the exchange ranks:
- #9 on CoinGecko
- #6 on Feixiaohao (Non-coin Number)
- #16 on CoinMarketCap (CMC)
It operates 18 localized trading service centers in key markets including Dubai, South Korea, Japan, Singapore, Turkey, Canada, and the Philippines. Daily trading volume exceeds $20 billion USDT, demonstrating robust liquidity and user engagement.
In late 2023, CoinW marked its sixth anniversary with a major brand milestone—appointing football legend Andrea Pirlo as its global brand ambassador. This partnership symbolizes precision, vision, and long-term strategy—values that align closely with CoinW’s mission to lead the industry with integrity.
Building Trust Through Responsibility
Nina, Brand Marketing Lead for CoinW Taiwan, shared insights after receiving the award:
“This honor isn’t just about past success—it’s motivation to go further. From day one, we’ve prioritized building trust through transparency, compliance, and meaningful community engagement. Whether it’s sponsoring national animal welfare campaigns or collaborating with academic groups, we’re here to support Taiwan’s blockchain ecosystem responsibly.”
CoinW remains committed to working closely with regulators, research institutions, and users to ensure sustainable growth. As one of the few platforms offering seamless TWD on- and off-ramps, it continues to lower barriers to entry for retail investors while maintaining strict KYC and anti-fraud protocols.
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Frequently Asked Questions (FAQ)
Q: What makes CoinW different from other crypto exchanges in Asia?
A: CoinW stands out by offering direct TWD deposits and withdrawals—the only comprehensive exchange globally to do so. Combined with its strong security model, local event programming, and regulatory cooperation, it delivers a uniquely localized experience.
Q: Is CoinW regulated in Taiwan?
A: While full licensing frameworks are still developing in Taiwan, CoinW actively collaborates with local authorities and adheres to international compliance standards including AML and KYC practices.
Q: How can I join CoinW’s community events in Taiwan?
A: Follow CoinW Taiwan on social media or join their LINE and Telegram groups to receive invitations to monthly meetups, educational workshops, and exclusive networking events.
Q: Does CoinW offer educational resources for new users?
A: Yes. Through CoinMan Academy, users can access beginner-friendly content on trading basics, risk management, blockchain technology, and market analysis.
Q: Why did CoinW choose Andrea Pirlo as its brand ambassador?
A: Pirlo represents strategic thinking and excellence under pressure—qualities essential for successful investing. His appointment reflects CoinW’s focus on long-term vision over short-term trends.
Looking Ahead: A Vision for 2025 and Beyond
As the blockchain industry matures, trust, security, and user-centric design will define market leaders. CoinW’s award is more than a recognition—it’s validation of a strategy rooted in accessibility, innovation, and responsibility.
With continued investment in education, security infrastructure, and cross-industry collaboration, CoinW aims to empower more users across Asia to participate confidently in the digital economy.
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