Nov 1 Kimchi Premium Briefing: BTC +0.86%, Tether +0.97%

1Today's Kimchi Premium

The Bitcoin kimchi premium is +0.86%, down 0.05 pp from 24 hours ago (+0.91%). Over the last 24 hours it ranged from a low of +0.69% to a high of +1.08%, with an average of +0.88%.

The CoinGaja Kimchi Premium Index, which reads the whole Korean market from the top 30 coins by trading value on Upbit, is +0.66% (−0.18 pp vs the previous day).

Among coins with at least ₩1 billion traded in 24 hours, the highest premiums are BLUR +9.93%, SHIB +2.65%, COW +2.64%. One of them has deposits closed on at least one Korean exchange, which likely explains much of the gap: coins are hard to bring in from abroad.

On the other side, these coins are cheaper in Korea than abroad (a reverse premium): MORPHO −2.95%, PYTH Pyth Network −2.73%, T Threshold −1.61%.

2Tether Premium

• Newly suspended in the last 24 hours: Bithumb STABLE – deposits and withdrawals suspended, Oct 31 15:03; Coinone STABLE – deposits and withdrawals suspended, Oct 31 15:03
• Reopened: Upbit TRX – deposits and withdrawals reopened, Nov 1 03:38; Upbit BTT – deposits and withdrawals reopened, Nov 1 03:38; Upbit JST – deposits and withdrawals reopened, Nov 1 03:38; Upbit SUN – deposits and withdrawals reopened, Nov 1 03:38; Upbit BTC – deposits and withdrawals reopened, Nov 1 03:33; Upbit ETH – deposits and withdrawals reopened, Nov 1 03:33; Upbit ETC – deposits and withdrawals reopened, Nov 1 03:33; Upbit XRP – deposits and withdrawals reopened, Nov 1 03:33 and 47 more
• Announced suspensions: 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; none added or lifted in the last 24 hours
• Upcoming delistings: Coinone ACX – trading ends Nov 11 15:00 KST (D-10) / Coinone 13 coins – trading ends Nov 16 15:00 KST (D-15): DATA2, EGG, FIS, HIFI, MONPRO, FANC, DELABS, SAROS, XPASS, LISA and more / Coinone GALA – trading ends Nov 19 15:00 KST (D-18) / Upbit BLUR – trading ends Nov 30 15:00 KST (D-29)

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.