Market Maker Bot is mainly used by project dev in order to maintain their token volume (buy at every second to maintain graph) and keep the price look good.

Devbot is also named “Market Maker Bot” that provides liquidity to exchange by buying and selling orders on the order book. A market taker uses (takes) this liquidity when their buy or sell orders are filled.

The market making bot (DevBot) is majorly used to maintain the token volume and keep the price looks good. Therefore, when the token volume gets up, the price reflected would be fairly good. The role of Devbot is to place buy and sell limit orders on the order book adding liquidity to the market. This procedure makes it easy that traders can easily buy and sell the token at any time.

Every exchange always has both market makers and market takers. Mainly, the fees are higher for market takers, as they take liquidity out of the exchange, whereas fees are lower if you provide liquidity to exchange in the form of market-making. And that commission is what we use to our advantage.

Market-making is a powerful strategy that enables individuals to trade high volumes even with a lesser balance, improved ROI, and liquidity to any trading pair. In other words, it is a digital currency trading strategy in which the makers take benefits from regularly buying low and selling high at tight spreads.