Regional Bitcoin Premiums
Bitcoin price premium/discount by region vs Binance
Binance Reference Price
$79,776.6
| Region | Exchange | FX Rate | USDT Rate | Local Price | Premium |
|---|---|---|---|---|---|
| Coinbase | 1/USD | $1.0000 | $79,776 | 0.00% | |
| CoinDCX | ₹94.48 | ₹99.02 | ₹7,900,000 | +4.81% | |
Europe | Bitstamp | €0.86 | €0.86 | €68,733 | +0.07% |
| Upbit | ₩1,346.0 | ₩1,363.1 | ₩108,745,000 | +1.27% | |
| bitFlyer | ¥155.91 | ¥156.33 | ¥12,471,234 | +0.27% | |
| BtcTurk | ₺48.43 | ₺48.32 | ₺3,855,060 | -0.22% | |
| Indodax | Rp17,630 | Rp17,559 | Rp1,400,851,000 | -0.40% | |
| Mercado Bitcoin | R$5.12 | R$5.18 | R$413,149 | +1.05% | |
| Luno | ₦1,318.4 | ₦1,372.5 | ₦109,493,000 | +4.11% | |
| Bitkub | ฿32.87 | ฿33.06 | ฿2,637,108 | +0.57% |
FX Rate
1/USD
USDT
$1.0000
Local Price
$79,776
FX Rate
₹94.48
USDT
₹99.02
Local Price
₹7,900,000
FX Rate
€0.86
USDT
€0.86
Local Price
€68,733
FX Rate
₩1,346.0
USDT
₩1,363.1
Local Price
₩108,745,000
FX Rate
¥155.91
USDT
¥156.33
Local Price
¥12,471,234
FX Rate
₺48.43
USDT
₺48.32
Local Price
₺3,855,060
FX Rate
Rp17,630
USDT
Rp17,559
Local Price
Rp1,400,851,000
FX Rate
R$5.12
USDT
R$5.18
Local Price
R$413,149
FX Rate
₦1,318.4
USDT
₦1,372.5
Local Price
₦109,493,000
FX Rate
฿32.87
USDT
฿33.06
Local Price
฿2,637,108
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.
