Meaning of "Kimchi Premium"
This refers to the phenomenon where cryptocurrency prices are higher on domestic exchanges than on overseas exchanges.
"Lately, the kimchi premium has been growing in the market, so I’ve noticed price differences for the same coin depending on the exchange."
Related slang words
CriticsThis refers to the average purchase price calculated by weighting the price at each point of purchase based on the quantity traded when an asset (such as stocks or cryptocurrency) is purchased in multiple transactions.Leading stockA leading stock that sets the overall tone and direction for a specific industry or market; these are typically stocks with large market capitalizations and significant influence.floorThis is a unit or concept used in stocks and cryptocurrencies to represent the purchase price (price range) in numerical terms, similar to the floors of an apartment building, showing them in stages.On the Way to the Han RiverUsed as a figurative expression implying a desperate decision when emotions run high due to significant losses or failed investmentsPick it upThis refers to the practice of frequently making small purchases at low price points where profits can be made when prices have fallen significantly, thereby “picking up the scraps” to capitalize on profit opportunities.AntiA person who spreads baseless negative rumors about a specific asset (primarily stocks or cryptocurrencies) in an attempt to drive down its price or undermine market sentiment, or the act of doing soFinger HeartA hand gesture in which the thumb and index finger are brought together to form a small heart shape, used to express feelings such as love, support, and affectionCome on, come onA slogan used to cheer people on to join forces and move forward with vigor, or to rally the team and vow to see it through to the end