Bitcoin records 2.85% kimchi premium in South Korea on November 16. As of midnight KST on November 16, 2026, Bitcoin (BTC) was trading at 89.26 million KRW on South Korea's Upbit exchange, up
As of midnight KST on November 16, 2026, Bitcoin (BTC) was trading at 89.26 million KRW on South Korea's Upbit exchange, up 0.45% from the previous day. On global exchange Binance, BTC was priced at 86.78 million KRW, reflecting a price gap of 2.48 million KRW and a kimchi premium of 2.85%.
Ethereum (ETH), the leading altcoin, recorded a 2.75% kimchi premium. Other major altcoins also traded at premiums, with XRP (XRP) at 2.79%, Sui (SUI) at 2.78%, Solana (SOL) at 2.76%, and Dogecoin (DOGE) at 2.72%. Across major altcoins, kimchi premiums ranged from 2.72% to 2.79%.
The kimchi premium tracks the price gap between South Korean cryptocurrency exchanges and global trading platforms, serving as a key indicator of domestic retail demand.
Join Our Telegram Channel for Breaking News
IT Times Kunyoung Kim ([email protected])
