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The kimchi premium is predominantly seen in the price of the cryptocurrency bitcoin BTC. A rise in the kimchi premium can indicate increased investment in bitcoin by Korean retail investors. In general, the higher the global bitcoin price, the higher the kimchi premium. Article Sources. The arbitrage opportunity that can result from the kimchi premium might be exploited by purchasing bitcoins on an exchange outside South Korea and then selling the position on a South Korean exchange where its price is higher.
