🔥 Who Fuels the Crypto Market? A Look Into Institutional Market Making
$BTC has become digital gold - an asset that appears on the balance sheets of companies and long-term portfolios. 🔍 Let’s take a closer look at what really matters to institutional players in crypto and the role market making plays in it.
Today, institutional players - funds, prop trading firms - no longer see the crypto market as a “wild west.” They come with clear demands: liquidity, transparency, technological infrastructure.
Recently, I had the opportunity to talk with representatives of several major institutions already active in crypto. 🌍 We talked about everything - from spot strategies to infrastructure. And here’s what I realized about the role of market making in crypto:
🔹 Liquidity = trust. If a token has depth in the order book and tight spreads - traders trust it. If there’s price support - investors are willing to enter.
🔹 Platforms that support market makers aren’t just exchanges, they’re partners. Because without MM, no token survives.
In these conversations, certain exchanges came up repeatedly - ones that truly invest in building infrastructure for MM that actually providing the tools and conditions. Among them Binance, WhiteBIT, Bybit:
🔹 WhiteBIT - chosen for its institutional-grade approach: low fees and rebates up to -0.010%, support for spot, margin, and futures via a flexible API, colocation for HFT, sub-accounts for strategy management, and dedicated 24/7 support.
🔹 Bybit attracts with its ease of entry and clear terms: under the MM Incentive Program, market makers receive rebates of up to 0.005% on spot and derivatives, while taker fees are determined by the trader’s VIP level.
🔚 There’s so much more to explore - learning from major $BTC movers was invaluable. And this is just the beginning.