Nov 5 Kimchi Premium Briefing: BTC +0.36%, Tether +0.38%

1Today's Kimchi Premium

The Bitcoin kimchi premium is +0.36%, up 0.11 pp from 24 hours ago (+0.25%). Over the last 24 hours it ranged from a low of −0.02% to a high of +0.72%, with an average of +0.29%.

The CoinGaja Kimchi Premium Index, which reads the whole Korean market from the top 30 coins by trading value on Upbit, is +0.41% (−0.20 pp vs the previous day).

Among coins with at least ₩1 billion traded in 24 hours, the highest premiums are EGLD +12.69%, MANTRA +3.99%, ZIL +2.56%. 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): BLUR −1.38%, GTC Gitcoin −0.99%, JTO Jito −0.91%.

2Tether Premium

• Newly suspended in the last 24 hours: Coinone EVER – deposits suspended, Nov 4 15:33; Upbit NEAR (NEAR Protocol) – deposits and withdrawals suspended, Nov 4 09:03; Bithumb NEAR (NEAR Protocol) – deposits and withdrawals suspended, Nov 4 09:03; Coinone NEAR (NEAR Protocol) – deposits and withdrawals suspended, Nov 4 09:03; Digital X NEAR (NEAR Protocol) – deposits and withdrawals suspended, Nov 4 09:03
• Reopened: Bithumb VERONA – deposits and withdrawals reopened, Nov 4 16:58; Upbit ZK – deposits and withdrawals reopened, Nov 4 14:48; Bithumb POL – deposits and withdrawals reopened, Nov 4 11:48; Bithumb ZK – deposits and withdrawals reopened, Nov 4 11:43; Digital X GEOD – deposits and withdrawals reopened, Nov 4 11:33; Digital X POL – deposits and withdrawals reopened, Nov 4 11:33; Upbit ZIL – withdrawals reopened, Nov 4 11:03; Coinone APEPE – deposits and withdrawals reopened, Nov 4 10:43 and 1 more
• Announced suspensions: Nov 5 18:00 Bithumb – Babylon (BABY): deposits and withdrawals temporarily suspended; Nov 5 18:00 Upbit – Babylon (BABY): deposits and withdrawals temporarily suspended; Nov 5 20:00 Bithumb – Algorand (ALGO): deposits and withdrawals temporarily suspended; Nov 5 20:00 Upbit – Algorand (ALGO): deposits and withdrawals temporarily suspended; Nov 5 23:00 Upbit – Base network: 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: Digital X AERO (Aerodrome Finance)
• Delisted in the last 24 hours: Digital X VELO (Velodrome Finance), Digital X AERO (Aerodrome Finance)
• 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-6) / Coinone 13 coins – trading ends Nov 16 15:00 KST (D-11): DATA2, EGG, FIS, HIFI, MONPRO, FANC, DELABS, SAROS, XPASS, LISA and more / Coinone GALA – trading ends Nov 19 15:00 KST (D-14) / Coinone 2 coins – trading ends Nov 30 15:00 KST (D-25): BLUR, CORE

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.