“A lot of [token] projects are fooling their own trader community or investors by faking these wash trades or these volumes. They give legitimate market makers a bad name. Still, global regulatory developments are progressively making it more difficult for such businesses to thrive." says Mathias Beke, Kairon Labs Co-Founder and CTO.
Crypto market-making involves several ethical considerations that uphold market integrity. With recent crackdowns on dodgy firms, it’s essential for projects to determine what separates legitimate crypto market makers from unethical ones.
We are grateful that Cointelegraph finally sheds light on the reality of market making and all its nuances.
Read the full article here: https://cointelegraph.com/magazine/crypto-market-makers-legit-dodgy-fake-it/
