Trading between exchanges

[havoc928]

Is it common practice to trade between exchanges if there is say a 10-15$ price discrepancy?

[Magazine]

Yes, but it's hard to get your money out of Gox.

[havoc928]

I was looking at btc-e to coinbase

[Hawker]

I was looking at btc-e to coinbase

I tried btce.  Sort of a painful learning experience - the "efficient market hypothesis" proved absolutely correct.  OKPay charged me 5% to put money in and 5% to take it out so the difference between the exchanges turned out to be rational.

[rabsie]

you could try trading btc-> ltc on bitfinex or similar and ltc -> btc on btc-e.