Author

Topic: Should I start to provide liquidity by myself? (Read 1524 times)

full member
Activity: 234
Merit: 100
If there're needs in liquidity rerouting service I think I'll start a discussion for it. I‘m working with a small team with strong trading system design background and some basic infrastructure was already there. But still need many works for liquidity rerouting if we choose to do so. My best estimate timetable for alpha version online would be within 60 days after further funding been raised.
hero member
Activity: 635
Merit: 500
BlasterKVs the king of xbox modding
you can use liquidity of other exchanges and use the bots to provide that to your exchange, when user see liquidity then they will do trading, no one trade in a market without liquidity.
member
Activity: 104
Merit: 10
I suggest you find ways to attract new investment through BTT or your local community. You need to do some jobs, such as business plan, and financial statement showing how profitability your business.

Could be a good idea! But I'm not really good at these paper works, maybe I should hire someone who can working on them. Also since we can't warranty the profitability, if there're any financial statement they should be only for reference. I'm quite reluctant to do this type of forecast.

that is at least risky. trading is always risky, it doesn't matter if it for bitcoin or something else.
full member
Activity: 234
Merit: 100
I suggest you find ways to attract new investment through BTT or your local community. You need to do some jobs, such as business plan, and financial statement showing how profitability your business.

Could be a good idea! But I'm not really good at these paper works, maybe I should hire someone who can working on them. Also since we can't warranty the profitability, if there're any financial statement they should be only for reference. I'm quite reluctant to do this type of forecast.
member
Activity: 74
Merit: 10
I suggest you find ways to attract new investment through BTT or your local community. You need to do some jobs, such as business plan, and financial statement showing how profitability your business.
full member
Activity: 234
Merit: 100
I'm always interesting in become a liquidity provider. But the questions is how could I raised fund? As the risks of trading and market making must be dispersed to as many exchanges as possible, so we'll need considerable money for the operation. Putting all money into just one exchange would be quite risk.
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
Right, but it is difficult to bootstrap the liquidity. When there is no liquidity, users won't come, and when users don't come, there won't be any liquidity. Do you have any suggestions on this?

They only way is to provide your own liquidity, or get someone else to do the same thing on your behalf.

It seems that I can only find another person to do so.
legendary
Activity: 1008
Merit: 1007
Right, but it is difficult to bootstrap the liquidity. When there is no liquidity, users won't come, and when users don't come, there won't be any liquidity. Do you have any suggestions on this?

They only way is to provide your own liquidity, or get someone else to do the same thing on your behalf.
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
it's possible to create a bot, but then I need to participate in the trading, which may compromise the fairness of the market.

Then you cannot provide the liquidity yourself. Whether you use a bot or not is unrelated to this issue.

Right, but it is difficult to bootstrap the liquidity. When there is no liquidity, users won't come, and when users don't come, there won't be any liquidity. Do you have any suggestions on this?
legendary
Activity: 1008
Merit: 1007
it's possible to create a bot, but then I need to participate in the trading, which may compromise the fairness of the market.

Then you cannot provide the liquidity yourself. Whether you use a bot or not is unrelated to this issue.
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
it's possible to create a bot, but then I need to participate in the trading, which may compromise the fairness of the market. Also, my site is a Bitcoin options exchange, there is no other liquidity source. So I am in a cold-start stage.
newbie
Activity: 14
Merit: 0
or you can run some signature compaign to get new customers and if you allow alts also then try adding new launched coins
legendary
Activity: 1008
Merit: 1007
As there is no liquidity provider, should I provide liquidity by myself in my exchange platform https://coinut.com?

Yes. Create a market making bot which takes a price feed from a more liquid exchange for the market you're tracking and then post a ladder of orders for each side of the book.
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
As there is no liquidity provider, should I provide liquidity by myself in my exchange platform https://coinut.com?
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