Bots are Changing South Korea’s Famous Bitcoin Price Gap

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Bitcoin typically trades at a higher price in South Korea than in most other countries. This gap, known as the Kimchi Premium, has long allowed traders to profit by exploiting differences in prices between domestic and international markets. The rise of automated trading bots is now streamlining this practice and accelerating competition among market players. Meanwhile, South Korea’s strict banking regulations continue to determine who can participate in this arbitrage opportunity.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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