TRON (TRX) kimchi premium: Upbit & Bithumb vs Binance
How much more (or less) TRX 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 spot price. The same snapshot and USDT/KRW rate as the kimchi premium table, refreshed every minute.
On Upbit, TRX last traded at ₩492.00, which is $0.3641 at Upbit's ₩1,351.1 per USDT, against $0.3562 on Binance: a 2.23% premium. In other words, ₩1,000,000 spent on TRX on Upbit buys about ₩978,200 worth at Binance prices, so Korean buyers are paying up for it. That is above Upbit's volume-weighted premium of +0.09% across 166 coins, so TRX is richer in Korea than the typical coin. TRX ranks #17 of 192 by Korean 24h trading value (₩22.5B); on Bithumb its premium is +3.48%.
TRX on Upbit and Bithumb vs Binance
as of 00:18 UTC · premium vs USDT| Venue | KRW price | USD equivalent | Binance price | Premium | KRW 24h volume |
|---|---|---|---|---|---|
| Upbit | ₩492.00 | $0.3641 | $0.3562 | +2.23% | ₩15.3B |
| Bithumb | ₩498.00 | $0.3686 | $0.3562 | +3.48% | ₩7.3B |
USD equivalent = KRW price ÷ ₩1,351.1, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the spot TRX/USDT market. TRX is #17 of 192 coins by combined Upbit + Bithumb 24h volume (₩22.5B).
TRX kimchi premium history
Recording since 29 Oct 2026: the chart appears once 24 hourly points are stored (2 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.
TRX kimchi premium FAQ
What is the TRX kimchi premium today?
TRX trades at a 2.85% premium on Korean exchanges against Binance right now (Upbit +2.23%, Bithumb +3.48%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.
How is the TRX kimchi premium calculated?
The TRX KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,351.1 on Upbit now) and compared with the TRX price on Binance ($0.3562, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of TRX in the last 24 hours.
Can you arbitrage the TRX 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 TRX deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.