Nov 3 Kimchi Premium Briefing: BTC +0.31%, Tether +0.33%

1Today's Kimchi Premium

The Bitcoin kimchi premium is +0.31%, down 0.11 pp from 24 hours ago (+0.42%). Over the last 24 hours it ranged from a low of +0.01% to a high of +0.50%, with an average of +0.23%.

The CoinGaja Kimchi Premium Index, which reads the whole Korean market from the top 30 coins by trading value on Upbit, is +0.45% (−0.66 pp vs the previous day).

Among coins with at least ₩1 billion traded in 24 hours, the highest premiums are EGLD +13.22%, BLUR +7.19%, ERA +2.98%. 2 of them have 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): MANTRA −1.96%, WET HumidiFi −1.43%, LA Lagrange −1.28%.

2Tether Premium

• Newly suspended in the last 24 hours: Upbit ZK (ZKsync) – deposits and withdrawals suspended, Nov 3 00:03; Coinone ZK (ZKsync) – deposits and withdrawals suspended, Nov 2 23:03; Bithumb ZK (ZKsync) – deposits and withdrawals suspended, Nov 2 22:03
• Reopened: Digital X ZIL – withdrawals reopened, Nov 2 18:08; Coinone PUNDIX – deposits and withdrawals reopened, Nov 2 13:53; Coinone ZIL – withdrawals reopened, Nov 2 11:58; Coinone STABLE – deposits and withdrawals reopened, Nov 2 10:38
• Announced suspensions: Nov 3 11:00 Upbit – Aerodrome Finance (AERO): deposits and withdrawals temporarily suspended; Nov 3 18:00 Coinone – Polygon network: deposits and withdrawals temporarily suspended; Nov 3 20:00 Bithumb – Polygon Ecosystem Token (POL): deposits and withdrawals temporarily suspended; Nov 4 09:00 Bithumb – NEAR Protocol (NEAR): deposits and withdrawals temporarily suspended; Nov 4 09:00 Coinone – NEAR Protocol (NEAR): deposits and withdrawals temporarily suspended; Nov 5 20:00 Upbit – Algorand (ALGO): 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: Digital X ACX, Bithumb D, Bithumb HOOK
• Investment warnings: 27 coins now; none added or lifted in the last 24 hours
• Upcoming delistings: Coinone ACX – trading ends Nov 11 15:00 KST (D-8) / Coinone 13 coins – trading ends Nov 16 15:00 KST (D-13): DATA2, EGG, FIS, HIFI, MONPRO, FANC, DELABS, SAROS, XPASS, LISA and more / Coinone GALA – trading ends Nov 19 15:00 KST (D-16) / Upbit BLUR – trading ends Nov 30 15:00 KST (D-27)

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.