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Bitcoin's Kimchi Premium Stands at 0.21% in South Korea on June 12.
As of 12:00 AM KST on June 12th, Bitcoin (BTC) is being traded at ₩150.87 million on Upbit, a prominent South Korean exchange. This represents a 0.17% increase compared to the previous day's trading value. Globally, on Binance, Bitcoin is priced at ₩150.55 million. The difference of ₩320,000 between these prices indicates a Kimchi Premium of 0.21%.
Ethereum (ETH), the leading altcoin, is exhibiting a Kimchi Premium of 0.10%. Several other major altcoins are also showing slight premiums, with Solana (SOL) at 0.20%, XRP (XRP) at 0.14%, Dogecoin (DOGE) at 0.18%, and Shiba Inu (SHIB) at 0.18%. The majority of the top altcoins are trading with premiums fluctuating between 0.1% and 0.2%.
IT Times YoungHa Kim (yhkim@ittimes.com)
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