Bitcoin Kimchi Premium Reaches 1.01% on Korea's Top Four Exchanges
- —Average kimchi premium on Korea's top four exchanges stood at 1.01%
- —Reading taken on October 16 at 18:30 Korea time (09:30 UTC)
- —BTC traded roughly 1% above global prices on Korean venues
Why it matters: A widening kimchi premium signals stronger local demand in Korea and limited arbitrage between Korean and global markets.
Source: Coinotag