As of July 2021, the difference in Bitcoin prices between South Korean cryptocurrency exchange Upbit and the world's largest crypto exchange Binance was around **** percent, down from around **** percent on May 19. Also known as the "kimchi premium," the difference in Bitcoin prices between South Korean and foreign crypto exchanges rose to an all-time high of more than ** percent in April and May, meaning that Bitcoin prices on South Korean exchanges were much more expensive than on other foreign exchanges.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.
JoongAng Ilbo (The Central Times). (July 29, 2021). Difference in Bitcoin prices between Upbit and Binance from February to July 2021 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 21, 2026, from /statistics/1261497/south-korea-bitcoin-kimchi-premium-development/
JoongAng Ilbo (The Central Times). "Difference in Bitcoin prices between Upbit and Binance from February to July 2021." Chart. July 29, 2021. ÌÇÐÄÆƽâ°æ. Accessed July 21, 2026. /statistics/1261497/south-korea-bitcoin-kimchi-premium-development/
JoongAng Ilbo (The Central Times). (2021). Difference in Bitcoin prices between Upbit and Binance from February to July 2021. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 21, 2026. /statistics/1261497/south-korea-bitcoin-kimchi-premium-development/
JoongAng Ilbo (The Central Times). "Difference in Bitcoin Prices between Upbit and Binance from February to July 2021." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 29 Jul 2021, /statistics/1261497/south-korea-bitcoin-kimchi-premium-development/
JoongAng Ilbo (The Central Times), Difference in Bitcoin prices between Upbit and Binance from February to July 2021 ÌÇÐÄÆƽâ°æ, /statistics/1261497/south-korea-bitcoin-kimchi-premium-development/ (last visited July 21, 2026)
Difference in Bitcoin prices between Upbit and Binance from February to July 2021 [Graph], JoongAng Ilbo (The Central Times), July 29, 2021. [Online]. Available: /statistics/1261497/south-korea-bitcoin-kimchi-premium-development/
