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Title: I'm curious about the kimchi premium. Post by: dudeveet on January 10, 2022, 05:42:20 AM Hello, friends.
I'm Korean. some people used kimchi premium to make profits. How are we supposed to do this? If you look at it from places like https://luka7.net/, There are altcoins that have a big difference between overseas and Korean exchanges. Can we make a profit by moving things like this easily? Title: Re: I'm curious about the kimchi premium. Post by: jackg on January 10, 2022, 07:58:32 AM A lot of people use arbitrage for this and normally hhold the same funds on multiple exchanges to make this possible/not too costly in fees.
While it is/has been possible to make a profit from it, there's less profit to be made in bull markets normally (especially due to the higher price volumes) so it's obviously something to look into but might not be the best/good for a while... Title: Re: I'm curious about the kimchi premium. Post by: YOSHIE on January 10, 2022, 09:12:08 AM Before you trade crypto based on Kimchi Premium there are things you need to learn first.
Of course you will benefit on the condition that you must: Understanding Kimchi Premium (https://www.investopedia.com/terms/k/kimchi-premium.asp) Can we make a profit by moving things like this easily? You can get profit by doing trading methods as described below.Quote Investors in South Korea can only profit from the kimchi premium by buying Bitcoin abroad and reselling it in South Korea. Read the article about premium kimchi, which I posted above, there you will find out how to trade with the premium kimchi system in korea. In the article will provide a solution for you to choose and use two methods. Arbitrage opportunities and premium odds, the best decision is yours. |