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How can I buy JPY with CNY?

avatarJonathan RinconDec 28, 2021 · 3 years ago3 answers

I want to buy Japanese Yen (JPY) using Chinese Yuan (CNY). How can I do that in the cryptocurrency market? Are there any specific platforms or exchanges that support this currency pair?

How can I buy JPY with CNY?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Certainly! To buy JPY with CNY in the cryptocurrency market, you can use various exchanges that support this currency pair. Some popular options include Binance, Coinbase, and Huobi. These exchanges allow you to trade CNY for JPY directly or through intermediate cryptocurrencies like Bitcoin or Ethereum. Make sure to check the trading fees, liquidity, and security measures of the exchanges before making a decision.
  • avatarDec 28, 2021 · 3 years ago
    Buying JPY with CNY in the cryptocurrency market is a straightforward process. You can start by creating an account on a reputable exchange that offers this currency pair. Once your account is set up, you can deposit CNY into your account and then use it to buy JPY. The exchange will provide you with a trading interface where you can place your buy order. It's important to note that the availability of this currency pair may vary across different exchanges, so make sure to choose one that supports it.
  • avatarDec 28, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, supports the trading of JPY with CNY. It offers a user-friendly interface and competitive trading fees. To buy JPY with CNY on BYDFi, you need to create an account, complete the verification process, and deposit CNY into your account. Once your funds are available, you can navigate to the trading section, select the JPY/CNY trading pair, and place your buy order. BYDFi provides real-time market data and advanced trading tools to assist you in making informed decisions.