BTR kimchi premium: Upbit & Bithumb vs Binance
How much more (or less) BTR costs on the Korean exchanges Upbit and Bithumb than on Binance: the KRW price converted to USDT at the Korean USDT/KRW price, against the Binance USDT perpetual price. The same snapshot and USDT/KRW rate as the kimchi premium table, refreshed every minute.
On Bithumb, BTR last traded at ₩90.130, which is $0.06731 at Upbit's ₩1,339 per USDT, against $0.06799 on Binance: a 1.00% discount. In other words, ₩1,000,000 spent on BTR on Bithumb buys about ₩1,010,100 worth at Binance prices, so it is cheaper to buy in Korea than abroad right now. That is below Bithumb's volume-weighted premium of -0.54% across 71 coins, so BTR is cheaper in Korea than the typical coin. BTR ranks #19 of 150 by Korean 24h trading value (₩13.9B).
BTR on Upbit and Bithumb vs Binance
as of 00:27 UTC · premium vs USDT| Venue | KRW price | USD equivalent | Binance price | Premium | KRW 24h volume |
|---|---|---|---|---|---|
| Upbit | not shown: under ₩500.0M traded in 24 h, not listed, or excluded | ||||
| Bithumb | ₩90.130 | $0.06731 | $0.06799 perp | -1.00% | ₩13.9B |
USD equivalent = KRW price ÷ ₩1,339, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the USDT perpetual BTR/USDT market. BTR is #19 of 150 coins by combined Upbit + Bithumb 24h volume (₩13.9B).
BTR kimchi premium history
Recording since Oct 22, 2026: the chart appears once 24 hourly points are stored (1 so far).
Data: Upbit and Bithumb public ticker APIs, and Binance prices from this site's live feed, refreshed about once a minute. Green means Korea pays more than Binance, red less. Every coin is on the kimchi premium table. Not financial advice.
BTR kimchi premium FAQ
What is the BTR kimchi premium today?
BTR trades at a 1.00% discount on Korean exchanges against Binance right now (Bithumb -1.00%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.
How is the BTR kimchi premium calculated?
The BTR KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,339 on Upbit now) and compared with the BTR price on Binance ($0.06799, USDT perpetual): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of BTR in the last 24 hours.
Can you arbitrage the BTR kimchi premium?
Not easily. Korean exchanges take won only from verified local bank accounts and South Korea limits moving won abroad, which is why the gap can last. Transfers take time, an exchange can suspend BTR deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.