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This is a big issue, the next biggest USD exchange has about a -10% price difference and I'm not sure what that means.
by unabridged 14y ago
This is a big issue, the next biggest USD exchange has about a -10% price difference and I'm not sure what that means.
- CompelTechnic 14y agoThe smaller exchanges lag behind due to a combination of low volume/liquidity and non-negligible transfer fees that prevent arbitration.
- joezydeco 14y agoAre you talking about BTC-E? Because I noticed that as well, until someone pointed out that they're in Russia and it's nearly impossible to move USD out of there, making arbitrage just a nice idea that can't really happen.