search
kimchi premium
Trends
- 1Trading Bots Are Narrowing South Korea's Bitcoin Price Gap▼Bots are Changing South Korea’s Famous Bitcoin Price Gap
Automated trading bots are changing the 'Kimchi premium', the long-standing gap between Bitcoin prices in South Korea and the rest of the world. According to BeInCrypto, algorithmic traders exploit the spread more quickly than retail investors can, which is eroding the premium that South Korean buyers have historically paid for the cryptocurrency.