BNB kimchi premium: Upbit & Bithumb vs Binance
How much more (or less) BNB 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. The same snapshot and USDT/KRW rate as the kimchi premium table, refreshed every minute.
On Bithumb, BNB last traded at ₩859,500, which is $631.34 at Upbit's ₩1,361.4 per USDT, against $632.91 on Binance: a 0.25% discount. In other words, ₩1,000,000 spent on BNB on Bithumb buys about ₩1,002,500 worth at Binance prices, so it is cheaper to buy in Korea than abroad right now. That is in line with Bithumb's volume-weighted premium of -0.19% across 66 coins. BNB ranks #117 of 135 by Korean 24h trading value (₩642.1M).
BNB on Upbit and Bithumb vs Binance
as of 16:12 UTC · premium vs USDT| Venue | KRW price | USD equivalent | Binance price | Premium | KRW 24h volume |
|---|---|---|---|---|---|
| Upbit | not shown: under ₩500.0M traded in 24 h, not listed, or excluded | ||||
| Bithumb | ₩859,500 | $631.34 | $632.91 | -0.25% | ₩642.1M |
USD equivalent = KRW price ÷ ₩1,361.4, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the spot BNB/USDT market. BNB is #117 of 135 coins by combined Upbit + Bithumb 24h volume (₩642.1M).
BNB kimchi premium history
Recording since 29 Sep 2026 for the top 20 coins by Korean 24h volume plus BTC, ETH, XRP and SOL; BNB gets a chart after a day among them.
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.
BNB kimchi premium FAQ
What is the BNB kimchi premium today?
BNB trades at a 0.25% discount on Korean exchanges against Binance right now (Bithumb -0.25%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.
How is the BNB kimchi premium calculated?
The BNB KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,361.4 on Upbit now) and compared with the BNB price on Binance ($632.91, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of BNB in the last 24 hours.
Can you arbitrage the BNB 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 BNB deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.