Post
Topic
Board Tokens (Altcoins)
Re: [PRESALE] Jarvis - Hybrid multi-asset exchange | DApp browser | Revenue token
by
mandibleclaw
on 27/02/2019, 18:57:44 UTC
Market Making...... Market Makers.... These are terms that have been butchered by so many inexperienced or scammy exchange owners that the terms themselves bring a negative connotation with them now.

When you say you are working with MMs, do you mean real MMs? Because they will run you a bill of a minimum of 10 BTC per month.

Then you have scammy MM services like the one they peddle at Exrates exchange which will cost you 0.25 BTC per month.

The difference is, the 10 BTC per month service uses most of that BTC in maintaining your books and keeping spreads super small. This creates a healthy trading environment and attracts bots and traders.

The cheap scammy MM service is without a doubt just fake volume along terrible spreads on the books. In these, the buy orders will be significantly lower than the sell orders so as to not lead real traders to think they can come in a make a quick sell.

The reason I ask you this is because I don't think it is in your budget to have a real MMs employed. You couldn't even afford a highly discounted press release..... lol.
Let's hope things have changed because the last thing we need is another exchange promising the world during their ICO and then delivering just another featureless, vulnerable exchange that realized the regulatory red tape they thought they could cut right through turned out to be impossible at this point in time.

Please tell me you don't fall into that category. Achem-LAToken-achooo.

Good insight, I didn't know that market makers are expensive like this, I know that there are many scammers around.
So by reading your last sentence seems that you had a bad experience with LAToken ?