Bitcoin Forum
May 24, 2024, 08:07:41 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: How can it be? No one take this arbirtage?  (Read 553 times)
mostar (OP)
Newbie
*
Offline Offline

Activity: 21
Merit: 0


View Profile
March 17, 2013, 03:59:11 PM
Last edit: March 17, 2013, 06:17:49 PM by mostar
 #1

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
woogoose
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
March 17, 2013, 04:48:42 PM
 #2

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.
Bitcoinm
Member
**
Offline Offline

Activity: 87
Merit: 10



View Profile
March 17, 2013, 08:31:44 PM
 #3

Some exchanges have a higher or lower price due to difficulty of getting your money in and out of the exchange.
MeatPopsicle
Newbie
*
Offline Offline

Activity: 49
Merit: 0


View Profile
March 17, 2013, 09:10:49 PM
 #4

Which is generally reflected in their volume numbers.
georgeu2000
Newbie
*
Offline Offline

Activity: 35
Merit: 0


View Profile
March 17, 2013, 10:32:58 PM
 #5

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...
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!