in south korea kimchi of primiWith its re-launch, South Korean crypto exchanges crypto- trade more cheaphas become.
by South Korea kimchi premium Sensitivity to the crypto industry has come to the fore again. South Korean food kimchiThe phenomenon named after Bitcoin ( BTC) indicates when the price rises.
Crypto Trading on South Korean Exchanges Continues to Get Cheaper
Considering the global crypto markets, South in Korea Crypto trading transactions are more expensive compared to other markets. Blockchain data sharing CryptoQuantIn the light of published data, Korea Premiumindex between 17 and 19 February – 0.24with 0.001 between value. In the past, the value of Kimchi Primi depended on the news. When bad news comes from South Korean crypto exchanges kimchi premiumwould have suffered a serious loss of value.
As of writing, BTC Coinbaseat $24,464 in the stock market, Binance On the stock exchange, it is traded at $ 24,487. Besides that BTC, a Korean crypto exchange in BithumbAt $24,386, UpbitOn the crypto exchange, it is traded at $ 24,405.
venture capital fund of stablenodebusiness manager doo wan Name, Korean retail investors’ interest in falling, Kimchi premium is due to the reduction.
Korean (Kimchi) Premium is now turned into Korean Discount 🤔
Generally it means fall in interest in crypto from Korean retail, which ironically is generally a better time to buy cause you know you can always sell yours to Korean gamblers for 20% premium later when they FOMO pic.twitter.com/FFcvdi93PE
— Doo | StableLab @Seoul (@DooWanNam) February 19, 2023