{"id":7467,"date":"2021-03-08T11:52:18","date_gmt":"2021-03-08T16:52:18","guid":{"rendered":"http:\/\/88718267-1751-4064-ad6c-82fc82955abb"},"modified":"2021-04-10T17:39:29","modified_gmt":"2021-04-10T21:39:29","slug":"ep-38-how-a-crypto-fund-made-1m-a-day-selling-bitcoin-in-south-korea","status":"publish","type":"post","link":"https:\/\/cointelegraph.com\/magazine\/2021\/03\/08\/ep-38-how-a-crypto-fund-made-1m-a-day-selling-bitcoin-in-south-korea","title":{"rendered":"Ep. 38 How a Crypto Fund Made $1M a Day Selling Bitcoin in South Korea"},"content":{"rendered":"<p>For the first time Alex Friedberg and JJ Petersen (Co-Founders at BXB Capital) share the crazy story about how they managed to make more than $1M a day in 2017 on the &#8220;Kimchi&#8221; premium. <\/p>\n<p>JJ and Alex also discuss the launch of the first Korean Won backed Stablecoin, Binance Korea, and the new trading strategies they have immersed themselves in.<\/p>\n<p>This podcast was recorded and is being made available solely for informational purposes. The information, statements, comments, views and opinions provided in this podcast should not be construed as the provision of investment advice or as an offer to buy or sell any securities or tokens or to make or consider any investment or course of action.<\/p>\n<p>BXB Capital Website: <a href=\"https:\/\/www.youtube.com\/redirect?event=video_description&amp;redir_token=QUFFLUhqay1nNkxncTZNdDFmSmM3S09nYURacnlLcWp6UXxBQ3Jtc0tsazBZam1mekxMRVVTUl83eloyeHVmdnNlaGRGcVNYSnE5T2dnUm9NcUhlLU1BNWNvNmU2NEo5N2dfcTkwUjkyWnN4dkNnWjFvemZ3SWphVWlWdnNLTkwxYVVRMjBhTDJuVmlLaUZYYnFRUVd5OFVnMA&amp;q=https%3A%2F%2Fwww.bxbcapital.com%2F\">https:\/\/www.bxbcapital.com\/<\/a>\u200b<br \/>JJ Petersen LinkedIn: <a href=\"https:\/\/www.youtube.com\/redirect?event=video_description&amp;redir_token=QUFFLUhqa01UVVJvVHZZNXNab2pQZGVoU2lBa1JhMWtZQXxBQ3Jtc0tuWjRBc2F3TVZQS3BvVW9UNnA2bExlLUc1YmZhQ0JpVG5LS05RSnBDZ04tQUVZSkhDVEdoNEhBQWNPYjllYlpKNE1XaV9qcDA1LTJTSjFBaHViN1dIVW9kQ25maUI4aEdnLWdqTkRxeFRDd21RajVzMA&amp;q=https%3A%2F%2Fwww.linkedin.com%2Fin%2Fjj-petersen-44970524%2F\">https:\/\/www.linkedin.com\/in\/jj-peters&#8230;<\/a>\u200b <br \/>Alex Friedberg LinkedIn: <a href=\"https:\/\/www.youtube.com\/redirect?event=video_description&amp;redir_token=QUFFLUhqa2pEaUZoNWU1UXdNTmxoa09keHdUYlU1ejUwUXxBQ3Jtc0tsVFBxSFFNYkpveVJDQzNGMkpJMVg2MkJ6elVZRkE2LUZZVHhVdkhIcFg0WFdsUFh0NHVSYnVqU2VaNVpfNlVvdWdBSDRSSjRxc01PZ0JQNWsyNXI2R3pRR1R2clJRWURjZW1VVWF1WFM4ZFpZOVJ5dw&amp;q=https%3A%2F%2Fwww.linkedin.com%2Fin%2Falexander-friedberg%2F\">https:\/\/www.linkedin.com\/in\/alexander&#8230;<\/a>\u200b<br \/>Joshua Frank Twitter: <a href=\"https:\/\/www.youtube.com\/redirect?event=video_description&amp;redir_token=QUFFLUhqblNGWjgtUU81NGNhMktleVJnYV9XWDAzTWVIQXxBQ3Jtc0tuN05vcUZrc3BWUTNrZGNwNk5CNnNHUE5aOG5udmJ4OTFpM3BFTENTUHg3TldHVVFPNHM5SjVGenJKTUhxSHZuUTIxUi1xdl9KRHhsZmd0cWlfM3JzMnZYSnVHY2xsUFFrNE14cUlJdmpfdTVfeDVTSQ&amp;q=https%3A%2F%2Ftwitter.com%2FJoshua_Frank_%E2%80%8B%E2%80%8B\">https:\/\/twitter.com\/Joshua_Frank_\u200b\u200b<\/a>\u200b\u00a0 \u00a0<br \/>Joshua Frank LinkedIn: <a href=\"https:\/\/www.youtube.com\/redirect?event=video_description&amp;redir_token=QUFFLUhqbFN3djFteWJlS1lXcnp4RmdGeW91Q3NsSkxMUXxBQ3Jtc0tsYVRCcE1CZ3VWUExYNW5Obzd5NHNLZWZVcTdpdTlGSnVLZElwMi1ldWgwc1RPTGlLRk11amRUMHc1T294OTJ4cmg5NFBscEthcnotOTMwY1RZc0pZZGFJTTRkcnBuUlRmNFZzOG5RODlVSS1TMnVzWQ&amp;q=https%3A%2F%2Fwww.linkedin.com%2Fin%2Fjoshua-fr%E2%80%8B%E2%80%8B\">https:\/\/www.linkedin.com\/in\/joshua-fr\u200b\u200b<\/a>\u200b&#8230; <br \/>The TIE Twitter: <a href=\"https:\/\/www.youtube.com\/redirect?event=video_description&amp;redir_token=QUFFLUhqbVp0bl9mcS1ES0h4Q1JtYzNsZTBqU3pQUV9od3xBQ3Jtc0tublNZWXNKblhPWWpPbEJkb0tLSk8tWThJaXQyQ3BRVXhUZWVkQ3FBNnJWaWZibE91aXhZYUdzWFFCQXFmZlFhYzFaaUxKbFhQSmpaR1NLZ3hNV3VwSGV1Zk5MOWdVM0w2ZGJuVk8xaGgzSVk0U2VXTQ&amp;q=https%3A%2F%2Ftwitter.com%2FTheTIEIO%E2%80%8B%E2%80%8B\">https:\/\/twitter.com\/TheTIEIO\u200b\u200b<\/a>\u200b <br \/>The TIE Website: <a href=\"https:\/\/www.youtube.com\/redirect?event=video_description&amp;redir_token=QUFFLUhqa082MFgzV1RLNUNhaG8wcmtpX3N2dUY5TkZyUXxBQ3Jtc0ttT2lGaGlSNkRpWXA0ZFNEZ3ZoLXlMa0lsYnkxdlowUGV1WmhTcHQ5Qm4wdy1CRnktUlJYUUpqSEtUQ2ZOcFluVUNfSWhrUklpdVpRUUhVOGZMdlVnbVExSWQ2a096MmZuUWt1QWpNQWYyX2JyOXF2SQ&amp;q=https%3A%2F%2Fthetie.io%2F%E2%80%8B%E2%80%8B\">https:\/\/thetie.io\/\u200b\u200b<\/a>\u200b<\/p>\n<div class=\"powerpress_player\" id=\"powerpress_player_1168\"><!--[if lt IE 9]><script>document.createElement('audio');<\/script><![endif]-->\n<audio class=\"wp-audio-shortcode\" id=\"audio-7467-1\" preload=\"none\" style=\"width: 100%;\" controls=\"controls\"><source type=\"audio\/mpeg\" src=\"https:\/\/media.transistor.fm\/d996173f\/030e9aba.mp3?_=1\" \/><a href=\"https:\/\/media.transistor.fm\/d996173f\/030e9aba.mp3\">https:\/\/media.transistor.fm\/d996173f\/030e9aba.mp3<\/a><\/audio><\/div><p class=\"powerpress_links powerpress_links_mp3\">Podcast: <a href=\"https:\/\/media.transistor.fm\/d996173f\/030e9aba.mp3\" class=\"powerpress_link_pinw\" target=\"_blank\" title=\"Play in new window\" onclick=\"return powerpress_pinw('https:\/\/cointelegraph.com\/magazine\/?powerpress_pinw=7467-podcast');\" rel=\"nofollow\">Play in new window<\/a> | <a href=\"https:\/\/media.transistor.fm\/d996173f\/030e9aba.mp3\" class=\"powerpress_link_d\" title=\"Download\" rel=\"nofollow\" download=\"030e9aba.mp3\">Download<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>For the first time Alex Friedberg and JJ Petersen (Co-Founders at BXB Capital) share the crazy story about how they managed to make more than $1M a day in 2017 on the &#8220;Kimchi&#8221; premium. JJ and Alex also discuss the launch of the first Korean Won backed Stablecoin, Binance Korea, and the new trading strategies [&hellip;]<\/p>\n","protected":false},"author":49,"featured_media":7470,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"mc4wp_mailchimp_campaign":[],"_links_to":"","_links_to_target":""},"categories":[2876],"tags":[],"yst_prominent_words":[],"_links":{"self":[{"href":"https:\/\/cointelegraph.com\/magazine\/wp-json\/wp\/v2\/posts\/7467"}],"collection":[{"href":"https:\/\/cointelegraph.com\/magazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cointelegraph.com\/magazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cointelegraph.com\/magazine\/wp-json\/wp\/v2\/users\/49"}],"replies":[{"embeddable":true,"href":"https:\/\/cointelegraph.com\/magazine\/wp-json\/wp\/v2\/comments?post=7467"}],"version-history":[{"count":1,"href":"https:\/\/cointelegraph.com\/magazine\/wp-json\/wp\/v2\/posts\/7467\/revisions"}],"predecessor-version":[{"id":7534,"href":"https:\/\/cointelegraph.com\/magazine\/wp-json\/wp\/v2\/posts\/7467\/revisions\/7534"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cointelegraph.com\/magazine\/wp-json\/wp\/v2\/media\/7470"}],"wp:attachment":[{"href":"https:\/\/cointelegraph.com\/magazine\/wp-json\/wp\/v2\/media?parent=7467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cointelegraph.com\/magazine\/wp-json\/wp\/v2\/categories?post=7467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cointelegraph.com\/magazine\/wp-json\/wp\/v2\/tags?post=7467"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/cointelegraph.com\/magazine\/wp-json\/wp\/v2\/yst_prominent_words?post=7467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}