In short, what is a market-making bot?

submitted 11 months ago by Elsamarie to cryptocurrency, updated 11 months ago

Computer programs that buy and sell assets like stocks or cryptocurrency automatically are known as market-making bots. Its primary responsibility is to guarantee that buyers and sellers of these assets are always found. Orders to buy at one price and sell at a marginally higher price are continuously placed by the bot in order to achieve this. How the [Market Making Bot Development](- https://www.clarisco.com/crypto-market-making-bot-development ) turns a profit is shown in the difference between these prices. This helps maintain the market's activity and efficiency.

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