Which is why there was a ballooning of crypto-market makers. Thin markets and dozens of fragmented exchanges is paradise for a quant market maker. You setup a

Which is why there was a ballooning of crypto-market makers. Thin markets and dozens of fragmented exchanges is paradise for a quant market maker. You setup a few dozen websockets and you get to charge some bitcoin miner 10bps per transaction for your “all-in-one API”.