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

To buy United States Dollar using Japanese Yen, first, find a cryptocurrency exchange that supports the USD/JPY trading pair. Create an account, verify your identity, and deposit your JPY into your exchange wallet. Locate the USD/JPY pair on the trading platform and place an order to exchange your Japanese Yen for United States Dollar. If the USD/JPY pair is unavailable, you can first exchange Japanese Yen for a stablecoin like Tether (USDT) or a fiat currency, then trade that for United States Dollar. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction in Canada.