How do I become a crypto market maker?

[BTCWhaleClub]

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? 

[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.

[Westfiled]

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? 

It caused by when you were only newbies that didn't even have single experience in the development of projects and then your token will be only scam token. You didn't even know the basic code and how you can handle your project. that doesn't make sense and it sounds like a crap token.

[bitmover]

I see a lot of people coming here asking about token creation.
People just want to know about exchanges, market stuff and so on. Only scams. People like the OP want to create a token list to profit from fools who will buy it .

Why don't you ask things like development,  which projects are necessary now in the ecosystem and so on. But no, new tokens care only about exchanges and marketing. Scam.

[jcpone]

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? 

So, what is your point now here in your topic? do you want to create your own utility token? are you a developer?
Because most of the Developer now in cryptocurrency that want to create their own token are scammer.
They just want to collect money from the investors, and their tools to make it happen are hyping, deceiving, and
make promises to their community investors. This is the reality things happened now.

[joshua123]

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? 

Thats poasible but unless you have skills on that or you can hire a good developer to create an algorithm that can be programmed for option like that. Usually there are bots that created for that, Im not sure how it works but related on API. Maybe you could ask this on project and development section if there are possible program like this.

[Python Master]

Can't get your idea. If I'm right you have a token and you want to build your own exchange to list your token. It's possible, many new exchange start with their own coin and a self-built blockchain network.

[omnik]

Can't get your idea. If I'm right you have a token and you want to build your own exchange to list your token. It's possible, many new exchange start with their own coin and a self-built blockchain network.

He means to create a new coin with his own code that already programmed through rent some programmers to working on it. It looks like he didn't understand if he can even create it personally without even needed a party who can issue the new asset.

[Jating]

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? 

Then where is the transparency when you yourself and your team became their own crypto market maker? And to be a crypto market maker, obviously, you need some experience, in short you need to be an expert and market market is really a niche that only few companies can do.

If you are interested, you can check this list and see if you and your team can provide the service,

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

[mersal]

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? 

So you want to create a new token with you team right, then just go ahead there is no barrier for you to create a new token.Only the issue will be listing process on exchange then only your crypto will have a real value or its just a useless token.

[abayan]

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? 

It was hard to be a crypto market maker well if you have lots of money maybe you can be part of the market maker, well if you have a good project then it will be a big pump then if you think your project can't compete on the current platform then I adviced that don't go on you will be just wasting your money to do it.

[hatshepsut93]

why not have my team write a basic algorithm and be my own crypto market marker? 

In this case "basic algorithm" means writing a whole crypto exchange. Needless to say, this is infeasible. And even if you will write some small, very limited exchange, no one will use it, because it would be untrusted, feature only one or a few pairs and generally have poor experience. There's zero reason for users to choose your exchange over a real exchange.

In the early days of ICO, when there was no Ethereum tokens, ICO teams used to make some simple sites for buying their coins, so if you're making a full coin with its own blockchain, this can be an option, but it won't be a market.

[BTCWhaleClub]

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?

[CoronaCoinOfficial1]

As the saying goes good work ain't cheap and cheap work ain’t good.

[sophomore2020]

The crypto market maker has to have an expert level understanding of how financial markets operate, 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.

[SorrentoOS]

Dude, in most cases the companies that do crypto market making are huge firms like GSR and when they are smaller, more boutique firms like Kairon Labs, they still have a whole team of dedicated experts. It’s not as simple as putting a few of your devs on it.

[FLHippy]

I really do not understand what do you mean, you are talking about creating own exchange? You know that the most inportant thing is the volume and the way how you get is a by giving more than other crypto exchanges.

[arowana33]

I see a lot of people coming here asking about token creation.
People just want to know about exchanges, market stuff and so on. Only scams. People like the OP want to create a token list to profit from fools who will buy it .
Why don't you ask things like development,  which projects are necessary now in the ecosystem and so on. But no, new tokens care only about exchanges and marketing. Scam.

Exactly. The question should sound like - I have an idea of token which will have futures a, b and c. Will it be a valuable product or not? How can I improve it?
It is about marketing too, but it is definitely not the first thing to worry about when you thinking about starting own token

[TopT3ns]

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? 

It was hard to be a crypto market maker well if you have lots of money maybe you can be part of the market maker, well if you have a good project then it will be a big pump then if you think your project can't compete on the current platform then I adviced that don't go on you will be just wasting your money to do it.

I think only a few people who have a lot of money capital will have an influence on the price movement of cryptocurrency, or if you want to feel able to provide cryptocurrency price movements then you can join several groups with people who have a lot of money and work together to move prices with team strategy.

[Febo]

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? 

If your coin/token have use case you dont need any marketmaker since people that need coins will buy them and people that need to sell coins will sell them. If you coin/token have no use case and was made just to make developers rich then is much better if you let that coin die and never list it to any exchange.