As the market starts to move again, so the bitcoin arbitrage opportunities open up.
It has to be said though that the opportunities are not what they were last year. However, that is probably a sign of a maturing market so we should be grateful, sort of.
Traders love volatility and what they love even more is a good arbitrage opportunity.
We provide a selection of exchanges below listed in Asking price order. Top of the heap is WexNZ, the New Zealand exchange where bitcoin is priced at $8,700 for buyers – a huge $2,000 premium.
LakeBTC, the Shanghai-based exchange that does its business globally, is selling bitcoin at $7,261. The Yobit exchange, favoured by day-traders who like to fish for the smallest of coins, also has bitcoin priced at a substantial premium to western markets, at $6,725.
Bitcoin prices at selected exchanges, as at 8 October 2018, 15:41 UTC+1
|Exchange||Ask Price||Bid Price|
You can read our last look at the spread of prices between exchanges, published at the end of August – you can find it here.