Why is the spread significant for creating the cryptocurrency market?

In a market, the spread represents the difference between the greatest price a buyer is willing to pay (bid) and the lowest price a seller is asking (ask). Because market makers and bots profit from capturing this spread, it is essential for creating cryptocurrency markets. The goal of effective market making bot development is to optimize how bots handle spreads, placing buy and sell orders strategically to assure liquidity, capture profits, and maintain smooth market operations.

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