Oct 31 Kimchi Premium Briefing: BTC +0.91%, Tether +1.02%

1Today's Kimchi Premium

The Bitcoin kimchi premium is +0.91%, down 0.06 pp from 24 hours ago (+0.97%). Over the last 24 hours it ranged from a low of +0.55% to a high of +1.45%, with an average of +0.91%.

The CoinGaja Kimchi Premium Index, which reads the whole Korean market from the top 30 coins by trading value on Upbit, is +0.81% (−0.34 pp vs the previous day).

Among coins with at least ₩1 billion traded in 24 hours, the highest premiums are EGLD +13.09%, ZIL +9.89%, BLUR +7.85%. All of them have deposits closed on at least one Korean exchange. With deposits closed, coins are hard to bring in from abroad, so Korean prices tend to stay high.

On the other side, these coins are cheaper in Korea than abroad (a reverse premium): CFG Centrifuge −2.57%, NIL Nillion −2.14%, PYTH Pyth Network −1.87%.

2Tether Premium

• Newly suspended in the last 24 hours: Bithumb RECALL – deposits suspended, Oct 31 07:33; Coinone PUNDIX (Pundi X) – deposits and withdrawals suspended, Oct 30 19:08
• Reopened: Bithumb USDT – withdrawals reopened, Oct 30 20:28; Coinone CORE – withdrawals reopened, Oct 30 16:03; Upbit NEO – deposits and withdrawals reopened, Oct 30 12:53; Upbit GAS – deposits and withdrawals reopened, Oct 30 12:53; Bithumb NEO – deposits and withdrawals reopened, Oct 30 10:03; Bithumb GAS – deposits and withdrawals reopened, Oct 30 10:03; Bithumb CTK – deposits and withdrawals reopened, Oct 30 09:33
• Announced suspensions: Oct 31 15:00 Coinone – STABLE: deposits and withdrawals temporarily suspended; Oct 31 15:00 Bithumb – STABLE: deposits and withdrawals temporarily suspended; Nov 3 18:00 Coinone – Polygon network: deposits and withdrawals temporarily suspended; Nov 4 09:00 Coinone – NEAR Protocol (NEAR): deposits and withdrawals temporarily suspended

When deposits are closed, coins are hard to bring in from abroad, so the kimchi premium can widen a lot. Before you send coins, check both the sending and the receiving exchange on the exchange wallet status page.

4Listings and Delistings

• New listings in the last 24 hours: None
• Delisted in the last 24 hours: None
• Investment warnings: 29 coins now (last 24 hours: 1 added – Bithumb RECALL; 0 lifted)
• Upcoming delistings: Coinone ACX – trading ends Nov 11 15:00 KST (D-11) / Coinone 13 coins – trading ends Nov 16 15:00 KST (D-16): DATA2, EGG, FIS, HIFI, MONPRO, FANC, DELABS, SAROS, XPASS, LISA and more / Coinone GALA – trading ends Nov 19 15:00 KST (D-19) / Upbit BLUR – trading ends Nov 30 15:00 KST (D-30)

A coin set to be delisted can be traded until its end date; after that it can only be withdrawn, for the period given in the notice. The full record by date is on the listings and delistings page.