026: BITCOIN PRICE: Which Countries Have the Biggest Premiums?

Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News

English - October 21, 2019 11:17 - 9 minutes - 4.85 MB - ★★★★ - 537 ratings
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Up until early 2018, major cryptocurrency markets the likes of South Korea and Japan demonstrated high premiums for Bitcoin. At the 2017 peak, when the Bitcoin price was trading at around $20,000 in the U.S. spot market, Bitcoin was being traded in South Korea’s cryptocurrency exchange market for around 26,000,000 Korean won, equivalent to about $22,000. This difference is now known as the Kimchi premium.