Why do cryptocurrency prices spike after exchange listings?
A post by Evelyn Soto
1 Bitcoin equals 11,046,145 JPY
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Platform | Bitcoin | Japanese Yen |
---|---|---|
Wirex | 1 BTC | 11,046,145 JPY |
Kraken | 1 BTC | 10,992,400 JPY |
Binance | 1 BTC | 10,475,030 JPY |
BTSE | 1 BTC | 10,978,188 JPY |
To buy Bitcoin using Japanese Yen, first, find a cryptocurrency exchange that supports the BTC/JPY trading pair, such as Wirex or Kraken. Create an account, verify your identity, and deposit your JPY into your exchange wallet. Locate the BTC/JPY pair on the trading platform and place an order to exchange your Japanese Yen for Bitcoin. If the BTC/JPY pair is unavailable, you can first exchange Japanese Yen for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Bitcoin. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell Bitcoin for Japanese Yen, first, find a cryptocurrency exchange that supports the BTC/JPY trading pair, such as Wirex or Kraken. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the BTC/JPY pair on the trading platform and place a sell order to exchange your Bitcoin for Japanese Yen. If the BTC/JPY pair is unavailable, you can first sell Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Japanese Yen. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
A post by Evelyn Soto
A post by William Parvez