A market maker in the cryptocurrency market acts as an intermediary between buyers and sellers by continuously quoting buy and sell prices for cryptocurrencies. They ensure liquidity and stability in the market by being ready to buy or sell at publicly quoted prices. When a trader wants to buy a cryptocurrency, the crypto market making program
https://whitebit.com/market-making-program sells from their inventory, and when a trader wants to sell, the market maker buys it. This helps to narrow the bid-ask spread and maintain a smoother trading experience for all participants.