Kimchi Premium
The kimchi premium is the price gap between Bitcoin on Korean exchanges and global markets. Index = Upbit BTC/KRW ÷ (Binance BTC/USDT × Upbit USDT/KRW) × 100, so 100 means parity and 103 means a +3% premium.
The kimchi premium is the price gap between Bitcoin on Korean exchanges and global markets. Index = Upbit BTC/KRW ÷ (Binance BTC/USDT × Upbit USDT/KRW) × 100, so 100 means parity and 103 means a +3% premium.