As of 12:00 AM KST on January 19, Bitcoin (BTC) was trading at 140.57 million KRW on South Korea’s Upbit exchange, showing a 0.03% increase from the previous day. On the global exchange Binance, BTC was priced at 139.86 million KRW. This price difference resulted in a gap of 0.71 million KRW, translating to a kimchi premium of 0.51%.
Altcoin Premiums
Ethereum (ETH), the leading altcoin, registered a kimchi premium of 0.49%. Other significant altcoins also exhibited comparable premiums: Solana (SOL) at 0.42%, XRP (XRP) at 0.46%, Dogecoin (DOGE) at 0.24%, and Sui (SUI) at 0.58%. The majority of major altcoins are presently trading with premiums ranging between 0.2% and 0.5%.