South Korean Bitcoin Premium at -0.99% Across Major Exchanges

As of 6:30 PM KST on April 19, the Korean premium (Kimchi Premium) between domestic virtual asset exchanges Upbit, Bithumb, Coinone, Korbit, and GoPax versus global exchange Binance stood at the following levels:

Exchange-specific premiums

• Upbit: BTC -0.90%, ETH -1.02%, XRP -0.95%, USDT -0.96%
• Bithumb: BTC -0.96%, ETH -0.96%, XRP -0.90%, USDT -1.03%
• Coinone: BTC -0.99%, ETH -0.99%, XRP -1.00%, USDT -0.96%
• Korbit: BTC -1.11%, ETH -1.05%, XRP -0.95%, USDT -0.96%
• GoPax*: BTC -1.21%, ETH -0.45%, XRP -0.59%, USDT -1.03%

*GoPax was excluded from average calculations due to lower liquidity causing significant premium discrepancies.

Coin-specific summary

• BTC: Domestic average 11,150,000 KRW vs Binance 11,261,000 KRW (average premium -0.99%)
• ETH: Domestic average 3,624,500 KRW vs Binance 3,661,318 KRW (average premium -1.00%)
• XRP: Domestic average 1,941 KRW vs Binance 1,960 KRW (average premium -0.95%)
• USDT: Domestic average 1,370 KRW vs Binance 1,383 KRW (average premium -0.98%)