What factors should be considered when choosing a market making firm for a cryptocurrency exchange?

1 answers

• David SilvaAug 08, 2023 · 2 years ago
  When considering a market making firm for a cryptocurrency exchange, it is important to evaluate their reputation and credibility. Look for firms that are well-established and have a strong presence in the industry. Check if they are regulated or licensed by relevant authorities, as this can provide an additional layer of security. Additionally, consider the firm's customer support and responsiveness. In the fast-paced world of cryptocurrency trading, it is crucial to have a responsive market making firm that can quickly adapt to market conditions and address any issues that may arise. Finally, consider the firm's risk management practices. A reputable market making firm should have robust risk management systems in place to mitigate potential losses and protect your assets.
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