Kimchi premiumKnowledge reveals BTC buying and selling at a $4,000 premium in South Korea in comparison with different As of press time, Bitcoin was priced at $66,893 on Binance, whereas Korean platforms like Upbit, Coinone, and Bithumb boasted costs…
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Kimchi
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Exchanges
First Mover Asia: Bitcoin’s Kimchi Premium Has Narrowed, however the Korean Market Is Proving Resilient
by Jeremyby JeremyALSO: A crypto markets analyst means that the central financial institution will not be completed with rate of interest hikes, even when it raises the speed on Wednesday as Supply hyperlink
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The phenomenon is called after the Korean dish The Kimchi premium refers to when the worth of Bitcoin (BTC) trades greater on South Korean exchanges than in different response to knowledge from blockchain analytics supplier CryptoQuant, the Korea…
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