Trading & Markets

Kimchi Premium

The price gap between crypto, notably bitcoin, on South Korean exchanges and on global exchanges. It has swelled to double digits when local demand was strong and limits on moving money across borders blocked arbitrage, but in recent years it has often been small and has at times turned negative.

General education, not investment, legal or tax advice. Markets and regulation change quickly: where a definition depends on current law or on a recent event, check the latest coverage before relying on it.