aminorex
Legendary
*
Offline Offline

Activity: 1568
Merit: 1029


Sine secretum non libertas


View Profile Personal Message (Offline)

Ignore
May 23, 2014, 09:39:38 PM

Someone care to explain why BTC-E is nearly $20 behind bitstamp?

What is the cause of this?
BTC-e is more expensive to get money into.  For each $100 added via Visa/MC payeer adds $7.50 cost.  So for $500 that's $37.50 fee.  So at current prices for BTC, for every $100 purchased, the payeer fee is like an additional 40 basis points extra (530 + 40 = 570).

Usually, basis point is taken to mean 0.01%.  In this example, 754 bp.