Is it possible to buy Bitcoin with 38,000 yen and then convert it to US dollars?

3 answers

• Dec 17, 2021 · 3 years ago
  Yes, it is possible to buy Bitcoin with 38,000 yen and then convert it to US dollars. You can do this by using a cryptocurrency exchange that supports both yen and US dollars. First, you would need to create an account on the exchange and complete the necessary verification process. Once your account is set up, you can deposit your 38,000 yen into your account. Then, you can use the funds to buy Bitcoin at the current exchange rate. After you have purchased Bitcoin, you can sell it for US dollars on the same exchange. Keep in mind that there may be fees involved in the buying and selling process, so make sure to check the exchange's fee structure before proceeding.
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• Dec 17, 2021 · 3 years ago
  Absolutely! With 38,000 yen, you can definitely buy Bitcoin and convert it to US dollars. To do this, you'll need to find a reputable cryptocurrency exchange that accepts yen and offers trading pairs with Bitcoin and US dollars. Once you've signed up and verified your account, you can deposit your yen and use it to purchase Bitcoin. After that, you can sell your Bitcoin for US dollars. Just be aware that exchange rates and fees may apply, so make sure to compare different exchanges to find the best rates and lowest fees.
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• Dec 17, 2021 · 3 years ago
  Yes, it is possible to buy Bitcoin with 38,000 yen and convert it to US dollars. One exchange that supports this is BYDFi. BYDFi allows you to deposit yen and trade it for Bitcoin. Once you have Bitcoin, you can sell it for US dollars on the same platform. Keep in mind that there may be fees associated with the transactions, so make sure to check BYDFi's fee structure before proceeding. Additionally, it's always a good idea to compare rates and fees across different exchanges to ensure you're getting the best deal.
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