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Guavy AI Editorial TeamSentiment: -2Clout: 98

Binance Enhances Market Making Rules Amid Post-Crash Review

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Binance, one of the world's largest cryptocurrency exchanges, has announced a series of changes to its market making rules.

The move is seen as a response to criticism following a recent crash, which raised concerns about the exchange's risk management practices.

Market makers are firms that provide liquidity to trading platforms by buying and selling assets at prevailing market prices. The new rules aim to reduce risks for users and improve the overall trading environment on Binance.