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19 April 2021

South Korea's Kimchi Premium Returns: BTC and ETH Prices Jump 18% Higher Than the Global Average – Markets and Prices Bitcoin News

South Korea's Kimchi Premium Returns: BTC and ETH Prices Jump 18% Higher Than the Global Average – Markets and Prices Bitcoin News


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BTC and ETH Prices Jump 18% Higher Than the Global Average – Markets and Prices Bitcoin News.

Bitcoin prices on domestic South Korean crypto trading platforms are much higher than they are across a majority of exchanges worldwide.

However, in South Korea, BTC prices have a much larger premium than the rest of the world.

Similarly, the South Korean exchange Korbit is showing the same price range which is 18% higher than the global average.

The kimchi premium is 18% for ETH prices and bitcoin cash (BCH) is swapping for $790 or 18.97% higher than the global average of $664 per BCH.

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