Crypto market making is the demand of the time because of the boom in the digital assets world. There are more than 12000 crypto assets and 500 exchanges worldwide. Therefore, it is difficult to get liquidity for your token or exchange. This is where a Crypto Market Making Company comes in. Let us know more about crypto market making.
What is Crypto Asset Market Making?
Market making in simple terms is creating a market for any commodity or share or digital asset. The rise of crypto assets led to the need for a better liquid market for digital assets. Hence the increasing demand of Market Makers.
A market making firm is simply a company that provides liquidity to both the buyers and the sellers. The market is made by quoting prices while buying and selling the asset. The market making providers are very essential as We build efficient financial markets by reducing price volatility with fair-price discovery.
Let us understand the bid-ask spread. It is the amount by which the ask price exceeds the bid price for a digital asset in the market. When market liquidity is low, the spread is wider and when market liquidity is high, the spread is lower. This spread is collected by crypto market makers through the natural flow of processing orders at the bid-ask price. Liquid markets have a tight spread which makes it cheaper for traders to enter and exit trading positions.
Need for Crypto Asset Market Making Services
There are never ideal conditions in the market. Finding the right buyer/seller for a digital asset at the same price quoted by both parties and at the same time is a herculean task. This leads to the increase in waiting time which in turn increases the trading cost and lowers the liquidity levels and volume.
Role of Market makers is to complete your order even if there is no counterparty to fulfil your orders immediately. This is a risky strategy and to avoid losses, market makers use hedging. They utilise algorithmic trading tools and automated market-making strategies to benefit from real-time data and move accordingly.
PlatinX Technology – Digital Asset Market Making Company
So we know the role of market making services. Now let us talk about the best crypto market making company, PlatinX Technology.
Due to the recent boom in the digital assets market and massive adoption of crypto, market suddenly became flooded with crypto assets and exchanges. However, there was a need for crypto experts who can provide the liquidity solutions and help these tokens/exchanges grow/develop their own markets. Thus a team of experts came together & build PlatinX Technology with the mission to fulfil this need and help companies with crypto world foray.
The services provided by PlatinX Technology are Crypto Market Making, DeFi, OTC Trading, Risk Management, Liquidity enhancement, HFT trading etc.
PlatinX has been making name in the crypto market making services through its highly innovative approach. Some of the services that sets it apart –
- PlatinX Technology has a robust team of technology and Finance veterans with experience in stocks, commodity, crypto, Blockchain and so on.
- PlatinX Technology is an extremely active entity that works round-the-clock with strong monitoring and trading strategies are changed according to the demand of time.
- We have expertise in low liquidity markets (already have two decades of experience in traditional shares market making)
- PlatinX Technology utilises the advance Blockchain tracking technology to gain deep market insights.
- Our team works in a very focusedĀ and precise manner. We gain deep insights from testing strategies and analyse them before deploying tailored solutions for individual project needs.
- Their Data transparency allows the investors to stay up to date with the market operations.
- We have full scale global operation allowing trading across several exchanges.
Why you need PlatinX Technology as Crypto Market Maker
Liquidity is a major obstacle when it comes to increasing trade, listing of new crypto assets. This can be effectively fulfilled by market maker services. As we have the expertise and team to create liquidity for that token. PlatinX is an expert market maker because we route the crypto project in such a way that it helps discover its optimal price and achieve a tighter spread. This allows more investors to invest in that token. With PlatinX, you get one stop solutions for all your crypto asset project requirements.
Crypto markets are highly volatile and keep on changing. Therefore, you need a market maker firm such as PlatinX Technology to help you succeed.