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How to Purchase Japanese Yen (JPY) Using Bitcoin (BTC) in China

To buy Japanese Yen using Bitcoin, first, find a cryptocurrency exchange that supports the JPY/BTC trading pair, such as Binance, BTSE, Kraken or Wirex. Create an account, complete the KYC process to verify your identity, and deposit your BTC into your exchange wallet. Locate the JPY/BTC pair on the trading platform and place an order to exchange your Bitcoin for Japanese Yen. If the JPY/BTC pair is unavailable, you can first exchange Bitcoin for a stablecoin like Tether (USDT) or a fiat currency such as CNY, then trade that for Japanese Yen. Be mindful of potential exchange fees, which vary by platform and can impact the overall cost of your transaction.

How to Exchange Japanese Yen (JPY) for Bitcoin (BTC) in the Chinese Market

To sell Japanese Yen for Bitcoin, first, find a cryptocurrency exchange that supports the JPY/BTC trading pair, such as Binance, BTSE, Kraken or Wirex. Create an account, complete the identity verification process, and deposit your JPY into your exchange wallet. Locate the JPY/BTC pair on the trading platform and place a sell order to exchange your Japanese Yen for Bitcoin. If the JPY/BTC pair is unavailable, you can first sell Japanese Yen for a stablecoin like Tether (USDT) or a fiat currency such as CNY, then trade that for Bitcoin. Be mindful of potential exchange fees, which vary by platform and can impact the total amount you receive.

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