Question 1

What is the current XRP (XRP) kimchi premium?

Accepted Answer

The XRP kimchi premium shows the price difference between XRP on Korean exchanges (Upbit) vs global exchanges (Binance). This page tracks the real-time XRP premium with auto-refresh every 15 seconds.

Question 2

How is XRP Korea premium calculated?

Accepted Answer

XRP Korea premium (%) = ((Upbit XRP/KRW price) / (Binance XRP/USDT price × USD/KRW exchange rate) - 1) × 100. A positive value means XRP is more expensive on Korean exchanges.

Question 3

Why does XRP have a different price on Korean exchanges?

Accepted Answer

XRP prices on Korean exchanges like Upbit often differ from global prices due to strong domestic demand, capital movement restrictions, limited arbitrage opportunities, and the isolated nature of the Korean won (KRW) crypto market.

Question 4

Can I arbitrage XRP between Upbit and Binance?

Accepted Answer

While the XRP price difference exists, profitable arbitrage is difficult due to Korean capital controls, transfer times and fees, exchange withdrawal limits, and regulatory restrictions. The premium is better used as a market sentiment indicator.

XRP (XRP) Korea Premium

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