Post
Topic
Board Altcoin Discussion
Re: Anyone using Korean exchanges?
by
khiholangkang
on 02/04/2021, 09:24:44 UTC
Is there anyone using a Korean exchange? If yes, I want to know why. I am wondering if it is because there is a Korean project that particularly interested in or is it to leverage the kimchi premium generated on Korean exchanges. kimchi premium is the gap in crypto prices in Korean exchanges compared to other global exchanges as high as 6~7%. For example, Bitcoin might be listed at a 7% higher price on the Korean exchange.
Korean exchange is specifically for Koreans, no outsiders can register there because when registering we need Korean cellphone numbers and Korean identities. That is why the price of coins there can be more expensive than coins on global exchanges.