Too Long; Didn't Read
Market Makers have become a driving force in the cryptocurrency market. Primarily, their activity is to create an active, progressive market for buyers and sellers by placing multiple limit orders in an exchange platform’s order book. These services are usually provided by institutions that are registered by and have an agreement with the exchange in question. The quality of liquidity that traders can find on exchanges can be measured by the depth of the order book and the size of the spread. The combination of IT, quantitative finance and crypto market understanding is key to finding a market maker.