With the current market situation, everyone’s feeling a crypto depression. You open the chart month after month, and it’s a sea of red. You rush because you feel like the market is about to eat you alive. The moment a green candle appears, hope sparks, and you buy; as soon as a red candle pops up, you sell. This is a classic mistake that can drain your funds in minutes. But for market makers, it’s an opportunity to play the game — and win.
Imagine the market as a bar full of people all wanting to buy beer and snacks at the same time — but nobody wants to pay the “right” price. The market-making program is the bartender: it can give change, adjust the price slightly, and profit from the chaos. When everyone is running to sell and volatility swings like a rollercoaster, the market maker captures liquidity — and quietly monetizes it.
How Market Panic Affects a Trader
About five months ago, when the crypto market started to crash hard, my friend, a trader, got cautious. Back then, we had no idea just how far the market would fall, and our strategies were different. My friend sat there, monitoring every Telegram channel, checking all his orders like a hunter tracking fresh prey. Within a few hours, panic took over — he impulsively executed his strategy, and his funds went negative. Not because he was a bad trader, but because panic was stronger than his control.
So, how does panic affect traders?
- Emotions take over. At first, there’s a feeling of losing money, and the trader gets nervous, unsure what to do. Strategies vanish, and you have to come up with something new on the fly.
- FOMO strikes. While everyone else is selling, your inner voice screams: “Buy now while it’s cheap! Or maybe I should sell?” You think it’s smart analysis, but it’s panic disguised as intelligence.
- Paralysis by overload. Too much information, too many charts, too many news updates — your brain freezes. You know that feeling when you stand in front of the fridge and can’t decide what to eat? It’s the same thing, but with millions of dollars on the line.
- Immediate victims: hedges and stops. Your preset stops and limits start triggering on their own, sending notifications for every tiny movement — little “surprises” you didn’t ask for.
- The “I have to do something” syndrome. Even when the best move is to sit tight, your brain demands action. Suddenly, you’re clicking “sell everything” or “buy more,” thinking it’s smart, when in reality it’s just an emotional reaction.
Why a Market-Making Program Helps Monetize Liquidity During Panic
Most traders think panic is just about emotions and burning stops. But in reality, it’s the perfect situation for those who know how to work with liquidity. Imagine this: the market is crashing, and the average trader is staring like a cat seeing fire for the first time — yet also spotting a chance to make money.
That “fire” is the Market Making Program: a tool that turns chaos into money. While everyone’s orders are getting triggered, the MM program catches liquidity exactly where an ordinary trader is losing their head. And this is how it helps monetize liquidity:
1. Catches Hot Liquidity Points
Imagine $50 million in sell volume hitting the market in an hour, while regular traders panic and dump their positions. The MM program instantly places orders at all the liquid levels. Even if you didn’t manage to sell at your stop, it’s already profiting from the spread between buys and sells.
2. Distributes Risk And Minimizes Losses
When the market drops 10–15% in a day, a regular trader loses half their nerves and 20–30% of their deposit. The MM program splits positions across levels. Result: not everything goes into the red at once; part of the position is protected.
3. Acts Instantly And Without Emotions
While you sit there thinking, “maybe this is a reversal?”, the MM program has already placed dozens of orders and captured profit. On average, market-making algorithms can act 50–100 times faster than a human, processing millions of orders simultaneously.
Bottom line: panic is a goldmine for a Market Making Program.
Top 3 Platforms for a Market Making Program
When a MM program actually works, it’s like a superpower for a trader. But it’s important to understand: every platform has its quirks. Something might fit you perfectly on one, while another feature might not. So here are my top three recommendations to make your choice easier:
1) WhiteBIT
WhiteBIT Market Making Program is the foundation: low fees, stable operation, and great conditions for those who don’t want to overpay for basics.
By the numbers:
• Annual trading volume on the platform: > $3.4 trillion
• 900+ trading pairs
• 35M+ users
• Maker fee (Spot & Futures): up to ‑0.012% — one of the lowest rates overall that I know
• Taker fee: from 0.020% (Spot) and 0.025% (Futures)
Also, a huge plus: you can run API strategies without unnecessary restrictions — with added perks like Webhook notifications (deposits, balance changes, code activations), FIX 4.4 integration for trading terminals, and WebSocket feeds for real-time order book data.
2) Bybit
If you need maximum control, large volumes, and the ability to play not just on Spot but also on Futures and Options, Bybit Market Maker Program is basically a classic choice.
Liquidity tier requirements:
— MM1: $25M maker volume in 30 days → Maker Rebate up to ‑0.005%
— MM3: share ≥1% or meeting liquidity requirements → Maker Rebate ‑0.0075%
The Maker Rebate grows with your tier, while taker fees stay at Pro account level.
3) Gate.io
Gate.io Market Maker Program is all about fair competition and a straightforward approach: you provide liquidity — you get the benefit.
Program facts:
• Entry requirements:
— Spot: ≥ $50,000,000 in the last 30 days
— Futures: ≥ $150,000,000 in the last 30 days
• Negative Maker Fees: up to ‑0.015% on BTC and ETH spot pairs
• MM+1 and VIP+1 trial system — your volume is evaluated automatically, and you get the tier assigned.
Conclusion
If you have patience, brains, and a little bit of strategy — liquidity turns into cash, and other people’s panic becomes your opportunity. The key is to pick a platform that really fits you, not the one that just shouts, “We’re the best!” And yes, the numbers matter: some MM programs have lower thresholds, some higher rebates, and some offer institutional-level support. So, choose what fits you and use your opportunities.

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