Bitcoin Forum

Other => Beginners & Help => Topic started by: mostar on March 17, 2013, 03:59:11 PM



Title: How can it be? No one take this arbirtage?
Post by: mostar on March 17, 2013, 03:59:11 PM
Hello,

USD/RUR and BTC/RUR prices in btc-e.com
are not reflect the real price for USD vs Rubel
for example in:
http://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=RUB
1 USD is 30.6 Rubel
and  USD/RUR trade for
Ask  31.66 Bid 31.08
How can it be? No one take this arbirtage?

Mostar


Title: Re: How can it be? No one take this arbirtage?
Post by: woogoose on March 17, 2013, 04:48:42 PM
I believe this is because BTC-E is based in Russia, and getting USD into or out of an account there is expensive and/or difficult - hence why their USD exchange rates differ from other exchanges.


Title: Re: How can it be? No one take this arbirtage?
Post by: Bitcoinm on March 17, 2013, 08:31:44 PM
Some exchanges have a higher or lower price due to difficulty of getting your money in and out of the exchange.


Title: Re: How can it be? No one take this arbirtage?
Post by: MeatPopsicle on March 17, 2013, 09:10:49 PM
Which is generally reflected in their volume numbers.


Title: Re: How can it be? No one take this arbirtage?
Post by: georgeu2000 on March 17, 2013, 10:32:58 PM
Perhaps, there is also some risk that the site will close or all the coins will be stolen. Mt Gox is regarded as safe by many people...