How to Purchase Japanese Yen (JPY) with United States Dollar (USD) in Canada

To buy Japanese Yen using United States Dollar, first, find a cryptocurrency exchange that supports the JPY/USD trading pair. Create an account, verify your identity, and deposit your USD into your exchange wallet. Locate the JPY/USD pair on the trading platform and place an order to exchange your United States Dollar for Japanese Yen. If the JPY/USD pair is unavailable, you can first exchange United States Dollar 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 cost of your transaction in Canada.