The kimchi premium refers to the price difference for bitcoinBitcoin is a cryptocurrency. It operates without the need for a central authority like a central bank or a company,... Read More between South Korean exchanges and other global exchanges. Investor demand on South Korean exchanges may price bitcoinOne bitcoin is a unit of the virtual currency called Bitcoin. BTC is the ticker symbol for Bitcoin, and refers... Read More higher than on a US or European platform. Some traders attempt to benefit from the kimchi premium arbitrage by exploiting price differences across other exchanges.
