As of 12:00 AM KST on November 2, Bitcoin (BTC) was trading at 164 million KRW on South Korea’s Upbit exchange, down 0.17% from the previous day. On global exchange Binance, BTC was priced at 157.11 million KRW, resulting in a price gap of 6.89 million KRW and a Kimchi Premium of 4.39%.
Altcoin Premiums
Ethereum (ETH), the leading altcoin, recorded a Kimchi Premium of 4.42%. Other major altcoins also showed notable premiums: Solana (SOL) at 4.41%, XRP (XRP) at 4.38%, Dogecoin (DOGE) at 4.22%, and Shiba Inu (SHIB) at 4.12%. Most top altcoins are currently trading with a premium in the 4.1% to 4.4% range.