Bitcoin Trades at 1.14% Kimchi Premium in South Korea on June 19

On June 19th, Bitcoin is exhibiting a Kimchi Premium of 1.14% in South Korea.

As of 12:00 AM KST, Bitcoin (BTC) was trading at ₩45.15 million on South Korea's Upbit exchange, a slight decrease of 0.21% from the previous day. Comparatively, on the global exchange Binance, BTC was priced at ₩43.50 million. This price discrepancy amounts to ₩1.65 million, resulting in the observed Kimchi Premium of 1.14%.

Ethereum (ETH), the dominant altcoin, is also showing a Kimchi Premium, recorded at 1.13%. Several other prominent altcoins reflect comparable premiums: Solana (SOL) at 1.15%, Ripple (XRP) at 1.14%, Dogecoin (DOGE) at 1.13%, and Shiba Inu (SHIB) at 1.22%. The majority of leading altcoins are currently trading with a premium within the range of 1.1% to 1.2%.