jihad β
@jihad
How does Coinbase get liquidity for new trading pairs? Do they have to buy OTC directly from whales/team? Trying to understand how a day one listing works.
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Dan Romero
@dwr.eth
market makers
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Stuart
@olystuart
Can you explain any further, does market makers mean LPs, otc brokers, the coins team itself?
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Dan Romero
@dwr.eth
It depends. Many teams pay market makers. In cases where they donβt exist, the exchange may work with them to help bring liquidity.
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