Why Market Maker important?
Market Maker play a vital role in cryptocurrencies, as liquidity is essential for ensuring the continuity and stability of the market. When an asset has high liquidity, investors can easily buy and sell that asset at reasonable prices with less risk.
In the early stages when a new asset is listed, liquidity is often very low. Market Maker act as third parties providing liquidity to the market by buying and selling that asset. In other words, Market Makers serve as intermediaries between buyers and sellers, helping to connect both parties and facilitating smooth transactions.