<p>Mtgox has dollar withdrawal problems. So a dollar within Mt. Gox is worth (valued) less. So you pay more dollars and take your bitcoins out, hence the higher exchange rate.</p>

CC BY-SA 3.0
2013-12-05T15:37:03.360Z
2014-01-30T21:53:06.643Z
2014-01-30T21:53:06.643Z
Dan
<p>Sorry if this is a basic question, I'm new to this stuff.</p>

<p>Currently, according to cryptocoincharts.info, Bitcoins are trading at $1050 on BTC-E but $1228 on Mt. Gox. How is this possible? What would cause such a large price discrepancy? Shouldn't it be possible to capitalize on this difference by buying at BTC-E and selling at Mt. Gox, and if so shouldn't that tend to equalize the trading prices?</p>

CC BY-SA 3.0
2013-12-05T05:33:06.650Z
Mtgox has dolor withdrawal problems. So, dolor with mtgox worth (valued) less. So, you pay more dolors and take your bitcoins out. So, the higher exchange rate.
vi.su.
CC BY-SA 3.0
2013-12-05T05:52:15.813Z
@vi.su. Is the same true for Bitstamp? I see that the Bitstamp rate is also considerably higher than BTC-E, $1130.
TKR
CC BY-SA 3.0
2013-12-05T06:12:37.030Z
similar to [Is there an efficient way to exploit arbitrages between the different exchanges?](http://bitcoin.stackexchange.com/questions/121/is-there-an-efficient-way-to-exploit-arbitrages-between-the-different-exchanges)
dchapes
<trading>
Why are Bitcoin prices so different between different markets?
TKR
# Why are Bitcoin prices so different between different markets?

(Asked by: username_0 on 2013-12-05)

Sorry if this is a basic question, I'm new to this stuff.

Currently, according to cryptocoincharts.info, Bitcoins are trading at $1050 on BTC-E but $1228 on Mt. Gox. How is this possible? What would cause such a large price discrepancy? Shouldn't it be possible to capitalize on this difference by buying at BTC-E and selling at Mt. Gox, and if so shouldn't that tend to equalize the trading prices?

**Tags:** trading

> **Comments:**
> **username_1**: Mtgox has dolor withdrawal problems. So, dolor with mtgox worth (valued) less. So, you pay more dolors and take your bitcoins out. So, the higher exchange rate.  
> **username_0**: @username_1 Is the same true for Bitstamp? I see that the Bitstamp rate is also considerably higher than BTC-E, $1130.  
> **username_2**: similar to [Is there an efficient way to exploit arbitrages between the different exchanges?](http://bitcoin.stackexchange.com/questions/121/is-there-an-efficient-way-to-exploit-arbitrages-between-the-different-exchanges)  

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## 1 answers

### Answer by username_3 on 2013-12-05. Score: 0

Mtgox has dollar withdrawal problems. So a dollar within Mt. Gox is worth (valued) less. So you pay more dollars and take your bitcoins out, hence the higher exchange rate.


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