Future

Cover image for From Retail Trader to Liquidity Provider: My Journey into Market Making šŸ’„
Emir Taner
Emir Taner

Posted on

From Retail Trader to Liquidity Provider: My Journey into Market Making šŸ’„

For years, I thought ā€œmarket makersā€ were mythical creatures - hidden behind high-frequency walls, moving prices with mysterious algorithms and caffeine-infused reflexes. Then I realized they were just… traders like us, but with better APIs and more patience for spreadsheet chaos.

When I started as a retail trader, I chased pumps, blamed latency, and prayed to the order-book gods. Every missed fill felt personal. The turning point came when I discovered Market Making Programs - and realized liquidity is the real alpha.

šŸ“ˆ The First Dive - Binance Market Making Program

Binance’s setup was my entry point. I loved the 0% maker fees on selected pairs - and yes, the extra 0.005% rebate for top performers didn’t hurt. Their API performance reviews were a reality check: it’s one thing to ā€œthinkā€ you’re fast, another to actually see latency logs expose your strategy like a bad poker hand.
The structure felt corporate but fair - progress tracking, tiered incentives, and liquidity scoring. It taught me discipline.

⚔ The Real Test - WhiteBIT Market Maker Program

Then October 10th happened. Peak volatility, and while other exchanges froze, WhiteBIT stayed live. My orders executed when others hung. That’s when I realized infrastructure is everything.
WhiteBIT keeps 96% of assets in cold wallets, uses WAF protection, and follows FATF and AML standards - which is rare in high-speed environments. The rebates? Chef’s kiss: up to -0.012% on maker and taker fees.
That stability during chaos turned me from a trader into a believer.

🧠 The Learning Curve - Bitget Market Maker

Bitget’s Market Maker Program surprised me. It’s simple but efficient - Spot Maker fees up to –0.012%, tiered ranks, and a comfy Tier 1 commission rate for newcomers. The platform’s scalability through APIs and consistent reward tracking gave me space to tweak my logic and improve quote coverage. Consistency beats speed - that’s the game.

šŸ’” Final Thoughts

Market making isn’t about predicting price - it’s about providing rhythm to the market. You’re not guessing direction; you’re maintaining balance between buyers and sellers. It’s less gambling, more engineering.

If you’ve ever felt frustrated by slippage or dead books - maybe it’s time to stop trading with liquidity and start trading as liquidity.

And if you want to dive deeper, I recommend reading more about Market Making - it might just change how you see trading forever.

Top comments (0)