Tron Taps Crypto Market Maker Wintermute to Become Official Partner
Wintermute is now the Tron ecosystem’s official market maker, helping the crypto project’s native TRX token improve liquidity across various exchanges. Market makers are vital agents in the world of finance, crypto included. They assist in making trading pairs more liquid by acting as a buyer and seller on both sides of a trade. When a crypto trader places a sell order for their tokens, there may not be an immediate buyer at the trader’s asking price. To fill this trade, the price drops until a buyer has been found. The difference between the sell price and the buy price (or the offer and the bid) is called the spread. When spreads are large, it’s an indicator that a specific market is illiquid, and can mean lots of volatility. Market makers like Wintermute thus operate as an intermediary of sorts to fill these trades.
Source
https://t.me/Terra_Luna_Tron
