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Bitcoin Forum > Other > Beginners & Help > How can it be? No one take this arbirtage?
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Author Topic: How can it be? No one take this arbirtage?  (Read 553 times)
mostar (OP)
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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
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woogoose
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March 17, 2013, 04:48:42 PM
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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.
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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.
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March 17, 2013, 09:10:49 PM
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Which is generally reflected in their volume numbers.
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March 17, 2013, 10:32:58 PM
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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...
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