Bitcoin Trades at 1.43% Kimchi Premium in South Korea on June 23

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Bitcoin trades at 1.43% Kimchi Premium in South Korea on June 23.

As of 12:00 AM KST on June 23, Bitcoin (BTC) was trading at ₩138.84 million on South Korea’s Upbit exchange, a decrease of 2.76% from the previous day. On the global exchange Binance, BTC was priced at ₩136.88 million. This discrepancy results in a price difference of ₩1.96 million, reflecting a Kimchi Premium of 1.43%.

Ethereum (ETH), the leading altcoin, exhibited a Kimchi Premium of 1.46%. Several other prominent altcoins also traded with noticeable premiums: Solana (SOL) at 1.40%, Ripple (XRP) at 1.40%, Dogecoin (DOGE) at 1.45%, and Shiba Inu (SHIB) at 1.36%. The majority of top altcoins are currently displaying Kimchi Premiums within the range of 1.3% to 1.4%.

IT Times YoungHa Kim (yhkim@ittimes.com)