A market maker is a firm or individual that provides liquidity to a market by buying and selling financial instruments, such as stocks, options, or cryptocurrencies. Market makers act as both buyers and sellers, profiting from the bid-ask spread (the difference between the price at which they buy and sell).
The primary role of a market maker is to: Provide liquidity: Market makers ensure that there is always a buyer or seller available for a particular asset, making it easier for others to trade.
Stabilize prices: By buying and selling, market makers help to stabilize prices by reducing volatility and providing a counterparty to trades.
Quote prices: Market makers quote both bid and ask prices for a security, indicating the price at which they are willing to buy or sell.

Market makers operate in various financial markets, including stock exchanges, options markets, and cryptocurrency exchanges. They play a crucial role in maintaining market efficiency and facilitating trading activities.

Once you use a limit order when buying or selling a certain trading pair, you become a market marker in that particular trading pair. So any trader can do that so long as the order size is above the minimum limit. Some exchanges have a minimum of 10 USDT, others have a minimum order size limit of 5 USDT. So it also depends on an exchange.

You do not have to be rich before you can be a market maker. You can either be a market taker or market maker while trading.

Market takers are those that their orders are filled immediately which can be as a result of using market order or buying at a higher price or selling at a lower price.

Market makers are those that their orders are filled not immediately but it can take some seconds or some minutes or days until the the price they set is reached. Market makers use limit order and set the price lower for buying order or set price higher for selling so that the order is not filled immediately but until the price is reached.