What are market maker services, and how do they function?

Market maker services are financial entities or firms that provide liquidity to the market by being willing to buy and sell securities at any given time. They do this by quoting buy (bid) and sell (ask) prices for securities and profiting from the spread between these prices. WhiteBIT market maker services https://whitebit.com/market-making-program ensure that there is always a buyer and seller available, which helps to maintain an orderly and efficient market. Their presence reduces the volatility of prices and ensures that trades can be executed quickly, even for less liquid securities.