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🆕 Introducing Market-Making Bots for Crypto Pro & Above: Simplifying New Market Creation

AUTHOR:
HollaEx®
• Date Published:
November 19, 2024
Introducing the new market-making bot for HollaEx® Crypto Pro & higher plans! Effortlessly build market liquidity & depth on your orderbook.
🆕 Introducing Market-Making Bots for Crypto Pro & Above: Simplifying New Market Creation

HollaEx® is thrilled to introduce a new benefit for exchange operators on Crypto Pro and above plans: an automated trading bot. This powerful tool enables automated market-making, streamlining liquidity management for exchange operators. It’s an ideal feature for token creators, businesses designing tokenomics systems, and exchange operators aiming to establish stable, active markets for both new and established assets.

The Value of Market-Making for New Assets

When launching a new coin or token, liquidity and price discovery are crucial for attracting traders and fostering a healthy market. With a market-making bot, you can initiate buy and sell orders that create this much-needed liquidity, which helps stabilize price fluctuations and fosters trust among users. For token creators, market-making simplifies the complexities of liquidity management, freeing you to focus on other aspects of your project while the bot ensures consistent market depth and order flow.

Full orderbook for your new coin’s market

Ever wondered how a price becomes the price?
Every market relies on both buyers and sellers to establish an initial price and liquidity. For new tokens, this price discovery process requires reliable, active orders — this is where the market-making bot steps in as an automated, strategic liquidity solution. Using algorithms that dynamically manage buy and sell orders based on market conditions, the bot helps new tokens establish a functional and engaging trading environment from day one.

How to Get Started: Upgrade and Configure Your Market-Making Bot

Starting with your market-making bot on the HollaEx® platform is simple. By upgrading to the Crypto Pro or any of the higher level plans above, you unlock access to an easy-to-setup market-making bot to support one trading pair on your exchange. After setup, the bot is ready to create a full orderbook market with customizable settings, allowing you to adjust parameters to meet your liquidity goals.

Example market-making bot dashboard (Included for Crypto Pro plans and above).

For added convenience, the bot gives exchange operators a seamless way to monitor the bot's performance with an easy-to-use dashboard that allows for easy reviewing of all the bot’s activity. Developed in collaboration with OctoBot — a trusted, long-standing partner of HollaEx® with a strong open-source legacy — this feature combines efficiency and reliability, making it a dependable choice for navigating the dynamic crypto markets.

Example bot dashboard showing orders and ability adjust the market depth as well as spreads on the fly

Benefits of an Orderbook Market and Price Discovery

Launching your coin with an active orderbook offers clear benefits for exchange operators and token projects alike:

  • Transparency in Pricing: A well-populated orderbook provides visibility into the current price levels of your asset, boosting trader confidence and activity.
  • Price Discovery and Historical Data: As your coin trades, the bot supports price discovery by enabling user transactions, which in turn generates historical trading data. This data becomes a valuable foundation for price charts and candlestick patterns.

These insights form a robust foundation for potential investors, reinforcing trust and market credibility that drive sustained engagement with your digital asset and significantly enhance tokenization efforts.

Ready to Boost Liquidity?

Upgrade your plan to Crypto Pro or above and let the bot manage market-making and liquidity, building the strong market foundation your assets deserve while you focus on scaling your business. Contact HollaEx® today and get your Octobot market-making bot and boost your crypto platform today!

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