How do I become a crypto market maker?

[alani123]

Every post you see about crypto market makers is mere speculation. We can't even be sure as to whether or not they exist or not.
In other markets, there are specific regulations about how the service of market maker can be provided, who can be licensed to do it, requirements, limitations, responsibilities etc. That's how we got to know about it in the first place.

In terms of crypto exchanges, I don't think there are openings for such positions. If an exchange wants liquidity, it's likely they just using own funds to build up buy and sell walls. As much of a conflict of interest that can be, there's little regulation against it. As of third parties running unauthorized and shadowy market maker operations for profit, they're likely just doing it in full automation. I bet it would require huge volumes to be done in crypto and it would be very risky due to crazy volatility.

[dothebeats]

On paper that could easily work since most crypto coins are just iterations of other crypto coins with a few changes in features, though I don't know if you would be able to market it effectively to make a huge impact on the market. If this is 2016-2017 crypto market, any coin can make a decent profit by copying and altering another coin's code and making a catchy name on it, but that does not work anymore in today's market. Aside from a working crypto coin, you must also have an effective marketing team to get your target audience buy whatever it is that you are trying to sell to them.

[LeepNetwork]

The crypto market maker has to have an expert level understanding of how financial markets operate, of the crypto space, and has to be able to create algorithms that can meet those conditions. I’m not an expert on this subject but I’ve seen a few posts on here discussing the top crypto market makers and how they operate. In most cases, it's a team of people from various technical and financial disciplines working together to create a comprehensive algorithm that can meet the many scenarios it is required to meet to function efficiently.

So who are the best ones then?

Read the article Jating posted and this one

https://defirev.com/top-crypto-market-makers-2020/

[el kaka22]

I’ve seen several posts on here discussing crypto market makers. The whole crypto market making process seems rather simple and straightforward. My question is, say I’m a new token looking to list on an exchange, rather than hire a crypto market maker, why not have my team write a basic algorithm and be my own crypto market marker? 

I would assume that market maker would probably be someone who has worked with a market maker before at the very least, I am not saying it is impossible for someone to actually be a market maker without any type of experience before, they can definitely do that but how good could they really be?

I would assume not really all that well, so at the end of the day I would say working with someone who has done this before and learning from them would be a great start. Be careful though, not every market maker is a good one, they could be a scam one as well, so if you pick someone to teach you and they teach you the scam ways you may not even realize it, which will lead you to be an unwarranted scammer as well. So if you are going to learn from someone, find a good person who is good at it.

[pawanjain]

This is not how it should work. Even my friend once asked me whats the process of creating a cryptocurrency when I asked the reason he was just saying that he will list it on some exchange and speculate. I then made him understand that this is not how it works.
In order to list a coin on an exchange not only you must create a cryptocurrency first but also have to work towards the vision of creating something that will solve the user's problem which will make him want to buy your coin. Only if a project has a good vision and is solving something or if the concept of the project is unique then people will invest in your cryptocurrency.

So even if you create your own coin you will still have to find some problem and create a solution for it backing by the coin you create.

[inanilujimi]

honestly not as easy as what you imagine, if your intention is to create your own exchange do you not think who wants to put the money into the market you have, if there is no trust that can be highlighted, don't expect your wishes to come true.