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Bitcoin trades at a 0.52% Kimchi Premium in South Korea on June 20.
As of 12:00 AM KST on June 20, Bitcoin (BTC) was trading at ₩144.73 million on South Korea's Upbit exchange, a decrease of 0.45% from the previous day. On the global exchange Binance, BTC was priced at ₩143.98 million, creating a price difference of ₩750,000, and resulting in a Kimchi Premium of 0.52%.
Ethereum (ETH), the leading altcoin, exhibited a Kimchi Premium of 0.53%. Other prominent altcoins also displayed comparable premiums: Solana (SOL) at 0.55%, XRP (XRP) at 0.48%, Dogecoin (DOGE) at 0.54%, and Shiba Inu (SHIB) at 0.50%. The majority of top altcoins are currently trading with premiums ranging from 0.4% to 0.5%.
IT Times YoungHa Kim (yhkim@ittimes.com)
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