What are the benefits of being a Huobi market maker?
What are the benefits of being a Huobi market maker? According to Huobi\’s announ
What are the benefits of being a Huobi market maker? According to Huobi’s announcement, Huobi market makers play a very important role in trading. Users can choose which assets they want to purchase when trading on the Huobi platform. So what are the benefits of being a market maker?
1. Providing liquidity: When users trade or market-make any assets on Huobi, they can use the platform currency of Huobi market makers for transactions;
2. Reducing trading risks and slippage: In order to protect the security of users’ funds, users must pay high fees to obtain the highest margin rate in the order book;
3. Increasing market depth (because market makers will convert most of their assets into other assets);
4. Reducing impermanent loss and unnecessary liquidation risks.
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