BTC Kimchi Premium at 0%
CryptoNewsTerminal Staff20 May, 2024
BTC Kimchi Premium at 0%
BTC kimchi premium has reached 0%. This means that there is no premium for buying BTC on the Korean exchange Kimchi compared to buying it on other exchanges. This is a significant development, as the kimchi premium has been a major factor in the price of BTC in Korea. The kimchi premium is caused by a number of factors, including the high demand for BTC in Korea, the limited supply of BTC on Korean exchanges, and the fact that Korean investors are often willing to pay a premium for BTC. The kimchi premium has been a major source of profit for Korean exchanges, and it has also been a major factor in the price of BTC in Korea. The kimchi premium has also been a major source of profit for Korean exchanges, and it has also been a major factor in the price of BTC in Korea. This could have a significant impact on the price of BTC in Korea, and it could also lead to increased trading volumes on Korean exchanges.
