Bitcoin and Ether Trade at Large Premium on South Korean Crypto Exchanges

The number one and two crypto assets by market capitalisation are currently trading at a large premium across South Korean exchanges. Bitcoin is selling close to $800 more than the rest of the world and Ether at around $20 higher.

Normally, when such a premium appears, traders are quick to arbitrage out the price difference. This may be taking longer than usual, however, due to regulations introduced last year in the nation.

South Korean Bitcoin Exchanges are an Arbitrage Trader’s Dream...

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