In South Korea, and on local exchanges, traders need three important components to trade fiat-to-cryptocurrency. A mobile phone, a bank account, and verification. Foreign traders that have claimed they have been able to open accounts on Bithumb are either not verified or not allowed to process fiat-to-cryptocurrency trades, because in order to do so, a South Korean bank account is necessary.

So In order to conduct crypto arbitrage on Korean exchanges, an approved Korean resident is required.
I have already been approved by the Korean Exchange and now I just want to make a profit on the chance that the kimchi premium has risen to 18%.

Thank you.