On August 26, Bitcoin experienced a kimchi premium of 0.07% in South Korea.
As of midnight Korean time on August 26, the transaction price of Bitcoin (BTC) on the Upbit Exchange in South Korea was 109.76 million won, up 1.02% from the previous trading day. On Binance, the global exchange, the price of BTC is 109.68 million won, with a positive spread of 80,000 won between the two, and the premium for kimchi is 0.07%.
The kimchi premium for the mainstream altcoin Ethereum (ETH) is 0.12%. Premiums for other major altcoins are mixed: Solana (SOL) is 0.11%, XRP (XRP) is 0.07%, Dogecoin (DOGE) is-0.13%, and Sui (SUI) is 0.25%. Currently, the premium range for major altcoins is between-0.1% and 0.2%.
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