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Topic: Tips for launching marketmaking service for crypto projects. Traders needed! (Read 148 times)

newbie
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Merit: 0
Hey guys,
I don't have any tech or trading background but I was thinking of starting a market making venture. Im well connected so It would be pretty easy to get clients (crypto projects to be exact). I was just wondering what it takes to launch a crypto market making service/ offer liquidity. A couple of quant/ algorithmic traders? Are most market making services automated for the most part If not what's a common ratio?
What would be of particular importance is that the service has to be high quality since my reputation would suffer if I got clients on board and the service wasn't up to their standards. Is it recommendable to look for someone with market making experience in traditional markets? What criteria should be fulfilled/experience is needed for a top notch service?
I'm super grateful for every answer. If anyone is interested and thinks he could help with setting something like this up (traders, people with experience in this or that can help me get connected) I would be pleased to be contacted. As I said I'm on the business side and have the customers.
Thanks guys!
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