Exchanges
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South Korean Crypto Exchanges Show Average Bitcoin Premium of 0.97%
As of 6:30 PM KST on the 16th, the Korean premium (Kimchi Premium) between domestic virtual asset exchanges Upbit, Bithumb, Coinone, Korbit, and GoPax versus global exchange Binance stood as follows:
Exchange-specific premiums
| Exchange | BTC | ETH | XRP | USDT |
|---|---|---|---|---|
| Upbit | +0.98% | +0.98% | +1.07% | +0.94% |
| Bithumb | +0.96% | +0.95% | +0.96% | +0.94% |
| Coinone | +0.98% | +0.98% | +1.02% | +1.01% |
| Korbit | +0.96% | +1.04% | +1.02% | +1.01% |
| GoPax* | +1.98% | +0.27% | +0.39% | +1.01% |
Coin-specific summary
| Token | Average domestic exchange price | Binance (KRW equivalent) | Average premium of four major exchanges |
|---|---|---|---|
| BTC | 13,620,000 KRW | 12,620,000 KRW | +0.97% |
| ETH | 3,283,250 KRW | 3,251,181 KRW | +0.99% |
| XRP | 1,759 KRW | 1,741 KRW | +1.02% |
| USDT | 1,366 KRW | 1,353 KRW | +0.97% |
*GoPax is excluded from average calculations due to lower liquidity compared to other exchanges, which can lead to significant premium discrepancies.
Korean Source
This article is an English localization of a Korean-language crypto news report. Original headline: 4대 거래소 비트코인 김프 평균 '0.97%'