What are the key differences between Bitcoin and Ripple (XRP)?
A post by Lisa Cantin
1 XRP equals $352.46 JPY
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Platform | XRP | Japanese Yen |
---|---|---|
Binance | 1 XRP | 352.46 JPY |
BTSE | 1 XRP | 352.26 JPY |
To buy XRP using Japanese Yen, first, find a cryptocurrency exchange that supports the XRP/JPY trading pair, such as Binance or BTSE. Create an account, verify your identity, and deposit your JPY into your exchange wallet. Locate the XRP/JPY pair on the trading platform and place an order to exchange your Japanese Yen for XRP. If the XRP/JPY pair is unavailable, you can first exchange Japanese Yen for a stablecoin like Tether (USDT) or a fiat currency, then trade that for XRP. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell XRP for Japanese Yen, first, find a cryptocurrency exchange that supports the XRP/JPY trading pair, such as Binance or BTSE. Create an account, verify your identity, and deposit your XRP into your exchange wallet. Locate the XRP/JPY pair on the trading platform and place a sell order to exchange your XRP for Japanese Yen. If the XRP/JPY pair is unavailable, you can first sell XRP 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 Lisa Cantin
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