Post
Topic
Board Trading Discussion
Re: Hypothetical Arbitrage Question
by
Sonny
on 01/02/2014, 14:57:13 UTC
Suppose I buy 1 Bitcoin at Coinbase today for $803.00, transfer it to Mt. Gox and sell it for $940.00 and request the funds via wire transfer to be deposited in my U.S. checking account. Will I make a profit after wire fees? How much money in fees would I be looking at? Could someone who has "been there" fill me in? Thanks.

People have been waiting for months to get their USD withdrawals. Tongue
Good luck with your strategy  Wink