Regional Bitcoin Premiums
Bitcoin price premium/discount by region vs Binance
| Region | Exchange | FX Rate | USDT Rate | Local Price | Premium |
|---|
Regional Bitcoin premiums measure the price difference between local exchanges and the global reference price on Binance. A positive premium means local traders pay more than the global average, reflecting strong local demand or capital flow restrictions.
What are regional Bitcoin premiums?▾
Regional premiums are the percentage price difference between Bitcoin on a local exchange and Binance. For example, if BTC is $100,000 on Binance but ₩148,000,000 on Upbit (equivalent to $101,500), the Korean premium is +1.5%.
Why do premiums differ by country?▾
Capital controls, local regulations, banking restrictions, and market-specific demand create friction that prevents instant arbitrage. Countries with tighter capital controls (like Korea and Nigeria) tend to show higher premiums.
What is the USDT Rate column?▾
The USDT Rate shows the effective local currency price of 1 USDT, derived from the premium. It reflects how much local traders actually pay for 1 USDT, which differs from the official exchange rate when a premium exists.