"Check Global Prices in Real Time"
From now on, users can check the 'Kimchi Premium' in the Korean virtual asset market in real time along with domestic and international price comparisons on the virtual asset exchange Bithumb.
Bithumb announced on the 16th that it has updated its 'Global Price Data' with this feature.
This global price data update was made to provide accurate real-time information on the 'Kimchi Premium.' The Kimchi Premium refers to the phenomenon where virtual assets are traded at significantly higher prices on Korean exchanges compared to overseas exchanges.
To this end, Bithumb partnered with 'Kimpga,' a service that provides virtual asset prices and Kimchi Premium information, and established a new menu called 'Global Price Difference' within its app to enable the use of this feature.
In the 'Global Price Difference' section, users can check the Kimchi Premium information for each virtual asset in real time. Previously updated every 5 minutes, it has been improved to allow real-time monitoring. Users can easily check the price differences of virtual assets not only with Binance but also with other global exchanges.
Moon Seon-il, Head of Bithumb Services, said, "Bithumb continuously strives to improve user convenience along with benefits such as the industry's lowest trading fees and withdrawal fees to provide a differentiated user experience."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
