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Bitcoin Forum > Economy > Trading Discussion > What's Up With BTC-E BTC/RUB Rates Being So Low All The Time
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Author Topic: What's Up With BTC-E BTC/RUB Rates Being So Low All The Time  (Read 716 times)
yuriygeorge (OP)
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June 28, 2015, 04:43:51 AM
 #1
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Amph
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June 28, 2015, 06:49:57 AM
 #2
probably it has to do with the fact that they are planning on accepting bitcoin?

they are removing their previous ban on it, so the price need to be settled again
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June 30, 2015, 04:45:30 AM
 #3
lol, your arb plan looks interesting and probitable  Wink
noel57
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June 30, 2015, 09:12:23 AM
 #4
The rate is still the same when you convert it to USD, if you doubt it do some arbitrage trade using it and tell me the result, you know is not low but lack trading volume.
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June 30, 2015, 08:58:31 PM
 #5
You won't make much money because the FX rates would eat up any possibility of arbitrage. Historicaly it is so, that there's more people willing to sell RUB for bitcoin than vice-versa. Also it takes some time to deposit the money directly (different payment system employ 72-10 days moneyhold).
Buy awesome owl gifts with bitcoin
noel57
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July 07, 2015, 10:58:59 AM
 #6
Quote from: noel57 on June 30, 2015, 09:12:23 AM
The rate is still the same when you convert it to USD, if you doubt it do some arbitrage trade using it and tell me the result, you know is not low but lack trading volume.
It is good to also add here that everything about btc-e is lagging behind even bitcoin to USD could have up to $10 difference with bitstamp and bitfinex.
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July 07, 2015, 02:05:36 PM
 #7
When it come to trading cryptos btc-e is now the last option on my mind, they suck.
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