Kimchi Premium

Von CoinGecko | Aktualisiert am Aug 13, 2021
The kimchi premium is the price difference between South Korean exchanges and other global exchanges for bitcoin. The price of bitcoin on a South Korean exchange may be higher than on the US or European platform. Some investors would attempt to benefit from the kimchi premium arbitrage by trading the price differences that occur across various exchanges.

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Verwandte Begriffe

KYC (Know Your Costumer)
KYC stands for "Know Your Customer", a process for business entities are required to verify its clients and assessing them.
Limit Order / Limit Buy / Limit Sell
Orders placed by traders to buy or sell a cryptocurrency when a certain price is reached
Market Maker
Participant of the market who creates buy and orders
Sell wall
Anomalously large sell order(s) at a single price point that reflects as a "wall" in the order book.
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