Market making small cap altcoins, with Wes Pryor

Bitcoin & Crypto Trading: Ledger Cast

Aug 09, 2019•1 hr 9 min•Ep. 51

--:--

Listen in podcast apps:

Apple Podcasts

Spotify

Download

Listen to this episode in Metacast mobile app

Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

Welcome to Ledger Cast, hosted by me, Brian Krogsgard (@ledgerstatus on twitter), and Josh Olszewicz (@carpenoctom). Ledger Cast is a cryptocurrency trading and blockchain ecosystem podcast. Ledger Cast is brought to you in partnership with Brave New Coin.

You can subscribe to new episodes of Ledger Cast on iTunes, Spotify, Google Play, Stitcher, YouTube and via RSS.

The information in this podcast should not be construed as investment advice, it is purely educational material and you should always do your own research before buying.

In this episode, I talk to Wes Pryor, of Liquid Malta. Wes's business provides market making services in the cryptocurrency space, primarily for lower liquidity small cap altcoins, including new listings. They have worked a lot on projects with initial distributions through decentralized exchanges like IDEX. We talked about how those opportunities come about, how they work practically, and discuss a lot of risks in the market.

The idea of market making brand new listings, and going into partnership agreements with exchanges and coin teams, is fascinating to me. Mostly because it sounds a bit scary. Wes is a smart investor and trader and he helps break down exactly what kinds of risks there are, what the practice requires, and how they do what they do.