Market makers play an important role in increasing the accessibility and liquidity of cryptocurrencies to traders, investors and market participants around the world. Market making is an activity whereby a trader simultaneously provides liquidity to both buyers and sellers in a financial market. Liquidity is the degree to which an asset can be quickly bought or sold without notably affecting the stability of its price.
![](https://i0.wp.com/cryptocurrencypakistan.org/wp-content/uploads/2024/06/Crypto-Market-Makers.png?resize=920%2C518&ssl=1)
This article may explain about Market Makers in bit detail : https://blog.drhack.net/understanding-market-making-in-the-cryptocurrency/
In short market makers are the liquidity providers on a crypto exchange. Which allows other users of the exchange to trade.