The post Bitcoin’s Kimchi Premium Drops Significantly, What it Signifies? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
Bitcoin Arbitrage Trading Cashed Out! Kimchi Premium that first appeared in 2016 and gained traction in 2018 by surging above 50%, has dropped below 10% at the press time. The premium which is the price difference between South Korean exchanges and the Western/Asian exchanges experienced a steep drop in less than an hour. The premium …