On October 4, South Korea's Bitcoin showed a 0.77%"Kimchi Premium"
As of 12:00 am, South Korea's time, the trading price of Bitcoin (BTC) on the South Korea Upbit Exchange was 115.27 million won, up 0.19% from the previous day. At the same time, on global exchange Binance, BTC is priced at 114.4 million won, with a spread of 870,000 won, and the "Kimchi Premium" is 0.77%.
Mainstream altcoins generally experience premiums
As a leading altcoin, Ethereum (ETH) has a "kimchi premium" of 0.75%. Other major altcoins also showed premium trading trends: Solana (SOL) premium was 0.82%, XRP was 0.83%, Dogecoin (DOGE) was 0.98%, and Sui (SUI) was 0.83%. Currently, the "kimchi premium" of most mainstream altcoins is concentrated in the range of 0.7% to 0.9%.
Disclaimer:
All content published on this website, including hyperlinks, related applications, forums, blogs, and other media accounts, originates from third-party platforms and their users. CoinMarketInsight makes no representations or warranties of any kind regarding the website or its content. All blockchain-related data and materials are provided for informational and research purposes only and do not constitute financial, legal, or investment advice. Users and third parties are solely responsible for the content they publish. CoinMarketInsight shall not be liable for any losses arising from the use of this website. You should exercise caution and conduct your own independent research, review, analysis, and verification before making any decisions.