Market Maker
By bijok_adam | Updated on May 24, 2020
A market maker places prices that differ from the current market price for the orders. A market maker would typically want to sell at a higher price, and purchase at a lower price.
Related Terms
Secure Asset Fund for Users (SAFU)
A feature created by Binance which contains reserve funds that can be used to reimburse users in case of a catastrophic event (eg. exchange hack)
Pay-Per-Share (PPS)
You are compensated for each valid share that you contribute. Each share is worth a set amount of cryptocurrency that may be mined.
Variable Buy/Sell Tax
On-chain buy sell tax rate that is not fixed, whereby it is possible for contract owners to change at will.
Sell wall
Anomalously large sell order(s) at a single price point that reflects as a "wall" in the order book.
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