18% Premium for Bitcoins on the 4th Largest Exchange

The best offer on the Virtual World Exchange (VirWoX), the 4th largest Bitcoin exchange by volume, is currently 1324 SLL (Second Life Linden Dollars) per Bitcoin.

SLLs are going for 268 per USD.

That means Bitcoins are selling for 1324/268 = $4.94 USD or 18% higher than the $4.20 rate on Mt.Gox.

You can also sell your Bitcoins for $4.77 on VirWox (currently 28 BTC on that bid). Arbitrage anyone?

Posted in: arbitrage,virwox