Topic: Arbitrage trading (Read 422 times)
It's hard to get fiat out of gox, i advise you against it
Good luck. i hope you succeed.
But its not so easy getting funds in/out of exchanges (to varying degrees).
But its not so easy getting funds in/out of exchanges (to varying degrees).
I understand BitInstant is the cheapest way to transfer funds from Mt. Gox to BTCE (1.5%), but orders are suspended at the moment. I was thinking about doing arbitrage trading as the difference in price between these two sites has been $14 recently. If I withdrew funds to my bank and then redeposited them, would it be worth it after all charges? The only thing which is hard to factor in is that a rubbish exchange rate is like a hidden fee.
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