Market makers in the crypto industry: party planners or bartenders?
In the crypto economy "party", market makers are the dancefloor, the logistics team, the bartenders and all the bars that traders and participants can attend. What is a market maker, and how do they differ in the crypto and traditional finance markets? At the European Blockchain Conference in Barcelona, Cointelegraph discussed the topic with key market makers in the crypto industry on one of the conference’s first panels. Cointelegraph reporter Joseph Hall drew up the analogy that crypto market makers are much like cool bartenders at a very high-tech and unashamedly nerdy cocktail party. Their job is to keep the drinks flowing, i.e., provide liquidity and ensure everyone's having a good time while maintaining order in the market. Cointelegraph's @JoeNakamoto hosting the "Why Market Making is Key for a Crypto Market Recovery" panel at the European Blockchain Convention where he so eloquently described what a market maker is pic.twitter.com/3EoJnNXLyU — C...