What is the process of converting USD to JPY using digital assets?

1 answers

• Dec 17, 2021 · 3 years ago
  To convert USD to JPY using digital assets, you can use the services of BYDFi, a popular cryptocurrency exchange. First, sign up for an account on BYDFi and complete the verification process. Once your account is verified, you can deposit your USD into your BYDFi account. Next, navigate to the trading section and select the USD/JPY trading pair. Place a buy order for JPY using your USD balance. BYDFi will execute the order and convert your USD to JPY at the current market rate. Finally, you can withdraw the JPY to your bank account or use it for other purposes. It's important to note that BYDFi may charge fees for deposits, trades, and withdrawals, so make sure to review their fee schedule before proceeding.
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