On September 28, South Korean Bitcoin experienced a "kimchi premium" of 0.09%
As of 12:00 am Korean Standard Time (KST) on September 28, the trading price of Bitcoin (BTC) on the South Korean Upbit Exchange was 114.98 million won, an increase of 0.11% from the previous day. On global exchange Binance, the price of BTC is 114.87 million won, with a spread of 110,000 won between the two, showing a "kimchi premium" of 0.09%.
Ethereum and other mainstream altcoins perform differently
Ethereum (ETH), the leading altcoin, also recorded a "kimchi premium" of 0.01%. Price differences for other major altcoins are mixed: Solana (SOL) is 0.09%, XRP is 0.13%, Dogecoin (DOGE) is-0.33%, and Sui (SUI) is 0.09%. Currently, the "kimchi premium" range of mainstream altcoins fluctuates between-0.3% and 0.1%.

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