Nov 7 Kimchi Premium Briefing: BTC −0.02%, Tether +0.03%

1Today's Kimchi Premium

The Bitcoin kimchi premium is −0.02%, down 0.03 pp from 24 hours ago (+0.01%). Over the last 24 hours it ranged from a low of −0.43% to a high of +0.36%, with an average of −0.01%.

The CoinGaja Kimchi Premium Index, which reads the whole Korean market from the top 30 coins by trading value on Upbit, is +0.14% (+0.04 pp vs the previous day).

Among coins with at least ₩1 billion traded in 24 hours, the highest premiums are EGLD +13.94%, BLUR +12.14%, GTC +5.74%. 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): AKT Akash Network −2.04%, IOST −1.38%, CP Cluster Protocol −1.13%.

2Tether Premium

• Newly suspended in the last 24 hours: Upbit AKT (Akash Network) – deposits and withdrawals suspended, Nov 6 18:03; Bithumb AKT (Akash Network) – deposits and withdrawals suspended, Nov 6 18:03; Digital X AKT (Akash Network) – deposits and withdrawals suspended, Nov 6 18:03; Bithumb NEAR (NEAR Protocol) – deposits and withdrawals suspended, Nov 6 12:03
• Reopened: Upbit AWE – deposits and withdrawals reopened, Nov 6 18:38; Upbit CARV – deposits and withdrawals reopened, Nov 6 18:38; Upbit VIRTUAL – deposits and withdrawals reopened, Nov 6 18:38; Upbit KAITO – deposits and withdrawals reopened, Nov 6 18:38; Upbit SIGN – deposits and withdrawals reopened, Nov 6 18:38; Upbit FLOCK – deposits and withdrawals reopened, Nov 6 18:38; Upbit AERO – deposits and withdrawals reopened, Nov 6 18:38; Upbit AVNT – deposits and withdrawals reopened, Nov 6 18:38 and 72 more
• Announced suspensions: Nov 7 12:00 Bithumb – XPLA: deposits and withdrawals temporarily suspended; Nov 9 20:00 Upbit – ENJ: deposits and withdrawals temporarily suspended; Nov 10 23:00 Upbit – IOST 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: None
• Delisted in the last 24 hours: None
• 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-4) / Coinone 13 coins – trading ends Nov 16 15:00 KST (D-9): DATA2, EGG, FIS, HIFI, MONPRO, FANC, DELABS, SAROS, XPASS, LISA and more / Coinone GALA – trading ends Nov 19 15:00 KST (D-12) / Coinone 2 coins – trading ends Nov 30 15:00 KST (D-23): 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.