Kimchi Premium Definition:
You can define Kimchi Premium as, The premium kimchi is the difference between the cryptocurrency price on the stock exchange and the South Korean currency. Kamchi rewards are mainly reflected in the value of the cryptocurrency's bitcoin. The name premium kimchi means a dish of fermented cabbage, which is an important part of Korean cuisine.
- There is a small premium difference in the price of cryptocurrencies on South Korean exchanges compared to foreign exchange.
- The reasons for this price difference are estimated because South Korea lacks high investment opportunities for investors, the country's interest in technology and the popularity of the game.
- If they buy bitcoins abroad and resell them in South Korea, investors in South Korea can only benefit from the difference in the price of cryptocurrency in their country compared to the international market. Laws against money laundering make this process difficult.
Literal Meanings of Kimchi Premium
Meanings of Kimchi:
Korean dish made from pickled cabbage.
Sentences of Kimchi
The national dish of Korea is kimchi, a mixture of spicy and fermented pickled vegetables, the most important ingredient of which is cabbage.
Meanings of Premium:
Amount paid for an insurance policy.
Something that is given as a gift, gift or incentive.
Sentences of Premium
If the calculations are correct, the income of the pensionable worker includes the premium in addition to his salary which he has to pay to the insurer to get equal rights.
Synonyms of Premium
percentage, reward, additional payment, extra, extra amount, regular payment, remuneration, surcharge, additional fee, prize, extra charge, perk, bonus, insurance payment, insurance charge, recompense, instalment