Bitcoin Shows 2.23% Kimchi Premium in Korean Market on November 10

As of 12:00 AM KST on November 10, Bitcoin (BTC) was trading at 153.41 million KRW on South Korea’s Upbit exchange, up 0.57% from the previous day. On global exchange Binance, BTC was priced at 150.06 million KRW, showing a price gap of 3.35 million KRW and a kimchi premium of 2.23%.

Ethereum (ETH), the leading altcoin, recorded a kimchi premium of 2.17%. Other major altcoins also showed similar premiums: Solana (SOL) at 2.23%, XRP (XRP) at 2.20%, Dogecoin (DOGE) at 2.36%, and Shiba Inu (SHIB) at 2.06%. Most top altcoins are currently trading with premiums in the 2.0% to 2.3% range.

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IT Times YoungHa Kim (yhkim@ittimes.com)