ALGO Kimchi Premium Today: Upbit & Bithumb vs Binance

ALGO kimchi premium: Upbit & Bithumb vs Binance

How much more (or less) ALGO costs on the Korean exchanges Upbit and Bithumb than on Binance: the KRW price converted to USDT at the Korean USDT/KRW price, against the Binance spot price. From the same snapshot as the kimchi premium table.

On Upbit, ALGO last traded at ₩180.00, which is $0.1328 at Upbit's ₩1,355 per USDT, against $0.1329 on Binance: a 0.04% discount. In other words, ₩1,000,000 spent on ALGO on Upbit buys about ₩1,000,400 worth at Binance prices, so it is cheaper to buy in Korea than abroad right now. That is below Upbit's volume-weighted premium of +0.41% across 186 coins, so ALGO is cheaper in Korea than the typical coin. ALGO ranks #21 of 210 by Korean 24h trading value (₩25.6B); on Bithumb its premium is -0.04%.

USDT = ₩1,355 (Upbit)#21 of 210 by KRW volumeSources: Upbit, Bithumb, BinanceAs of 11:19 UTC

ALGO premium vs Binance

-0.04%

average of 2 Korean venues

Upbit premium

-0.04%

₩180.00 · ₩20.9B 24h

Bithumb premium

-0.04%

₩180.00 · ₩4.7B 24h

USDT/KRW rate used

₩1,355

Upbit KRW-USDT market

ALGO on Upbit and Bithumb vs Binance

as of 11:19 UTC · premium vs USDT

Venue	KRW price	USD equivalent	Binance price	Premium	KRW 24h volume
Upbit	₩180.00	$0.1328	$0.1329	-0.04%	₩20.9B
Bithumb	₩180.00	$0.1328	$0.1329	-0.04%	₩4.7B

USD equivalent = KRW price ÷ ₩1,355, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the spot ALGO/USDT market. ALGO is #21 of 210 coins by combined Upbit + Bithumb 24h volume (₩25.6B).

ALGO kimchi premium history

Recording since Sep 29, 2026: the chart appears once 24 hourly points are stored (2 so far).

Data: Upbit and Bithumb public ticker APIs, and Binance prices from this site's live feed, refreshed about once a minute. Green means Korea pays more than Binance, red less. Every coin is on the kimchi premium table. Not financial advice.

ALGO kimchi premium FAQ

What is the ALGO kimchi premium today?

ALGO trades at a 0.04% discount on Korean exchanges against Binance right now (Upbit -0.04%, Bithumb -0.04%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.

How is the ALGO kimchi premium calculated?

The ALGO KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,355 on Upbit now) and compared with the ALGO price on Binance ($0.1329, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of ALGO in the last 24 hours.

Can you arbitrage the ALGO kimchi premium?

Not easily. Korean exchanges take won only from verified local bank accounts and South Korea limits moving won abroad, which is why the gap can last. Transfers take time, an exchange can suspend ALGO deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.