South Korean Bitcoin Premium at -0.16% Across Major Exchanges

As of 6:30 PM KST on July 17, the South Korean premium (Kimchi Premium) between domestic digital asset exchanges Upbit, Bithumb, Coinone, Korbit, and GoPax and global exchange Binance stood as follows:

Exchange Premiums

• Upbit: BTC -0.17%, ETH -0.13%, XRP -0.18%, USDT -0.09%
• Bithumb: BTC -0.17%, ETH -0.18%, XRP -0.24%, USDT -0.16%
• Coinone: BTC -0.17%, ETH -0.15%, XRP -0.18%, USDT -0.16%
• Korbit: BTC -0.14%, ETH -0.18%, XRP -0.24%, USDT -0.16%
• GoPax*: BTC -0.75%, ETH -0.30%, XRP -0.46%, USDT -0.23%

*GoPax was excluded from the average calculation due to lower liquidity, which can cause significant premium discrepancies.

Coin Summary

• BTC: Domestic average 15.83 million KRW vs Binance 16 million KRW (avg. premium -0.16%)
• ETH: Domestic average 3.37475 million KRW vs Binance 3.38225 million KRW (avg. premium -0.16%)
• XRP: Domestic average 1,802 KRW vs Binance 1,806 KRW (avg. premium -0.21%)
• USDT: Domestic average 1,380 KRW vs Binance 1,382 KRW (avg. premium -0.14%)