The price of Bitcoin in South Korea has been at a premium for a long time. As of the end of August, the premium on Upbit was 1.52%.

Odaily News Despite the recent turmoil in the cryptocurrency market, the price of Bitcoin remains at a premium in South Korea. As of 4 p.m. EST, Bitcoin was trading at $59,002, but reached $59,900 in South Korea, a premium of 1.52%. Bitcoin has been trading at a premium in South Korea since October 30, 2023, only falling into negative territory on August 22, 2024, and was once 0.36% lower than the global average, but this situation did not last. As of the end of August, Bitcoin was trading at a premium of 1.52% on the Korean cryptocurrency exchange Upbit, with a price premium of approximately $898; in addition, Ethereum was also trading at a small premium of 0.95% on Upbit. (Bitcoin.com)