Post
Topic
Board Trading Discussion
Re: Buy on BTC-E and Sell on MTGOX
by
Montago
on 12/08/2013, 10:00:55 UTC
I recently tried an experiment to document the idea of buying low on BTC-E and selling high on Mt Gox Arb opportunity.

I'm from the US.

Price on BTC-E was about 20% below Gox price when I initiated the wire.

I buy bitcoin at 127.878 for a 2% fee                                      Cost  19.35      Total:  84.08

btc on Mt gox  for an avg price of 129.755                                    Cost  $6.87       Total 92.19


i thought you said 20% diff ... 129,755-127,878 = 2% !!

currently there is 11% diff (104 - 93)

I wonder if its possible to level out the fee's that OKPay charges... there are some 0% options...