Cryptocurrency Q&A Why does kimchi premium exist?

Why does kimchi premium exist?

Nicolo Nicolo Sat Mar 30 2024 | 7 answers 1624
Excuse me, I'm quite confused about something. I've noticed the concept of 'kimchi premium' mentioned in several discussions about cryptocurrency, but I don't quite understand its significance. Could you please explain to me why this premium exists? Is it a reflection of some underlying market conditions or is it due to specific factors related to the Korean market? Also, how does it influence the overall crypto market and investors' decisions? Thank you for your time and expertise. Why does kimchi premium exist?

7 answers

Elena Elena Mon Apr 01 2024
The Kimchi Premium has a fascinating history.

Was this helpful?

366
38
Giuseppe Giuseppe Sun Mar 31 2024
Its emergence is partially linked to South Korea's profound interest in technology.

Was this helpful?

233
44
CryptoProphet CryptoProphet Sun Mar 31 2024
BTCC, a UK-based cryptocurrency exchange, has capitalized on this trend, offering a range of services to meet the demands of investors.

Was this helpful?

310
92
BonsaiStrength BonsaiStrength Sun Mar 31 2024
Online gambling has also played a significant role in its development.

Was this helpful?

260
80
SumoStrength SumoStrength Sun Mar 31 2024
BTCC's services include trading, wallet storage, and more, making it a one-stop shop for crypto enthusiasts.

Was this helpful?

113
39
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts