What features do you need in an exchange that you hardly see. What would your ideal exchange have that would facilitate a good (profitable) trading experience?
Thanks for your contributions.
With the amount of new investors and traders entering the cryptocurrency space, scalability is now extremely important for exchanges. Consider this: Six months ago, Poloniex was struggling to handle 30k customers. Today, Bittrex is struggling to handle 500k customers. Most companies cannot handle a 500% or 1000% increase in customers in a matter of months, but this is the kind of growth you need to be prepared for. So, under the hood, you need a lightning fast trade engine and order book infrastructure that scales.
That's the primary concern. A reliable API is also very important. The UI should make it easy to quickly place and execute orders, and the order book should rapidly refresh (every second). Advanced order types like stop-limit and one-cancels-the-other (OCO) would be ideal as well.
But first and foremost, just build something that
functions. Kraken, for example, can't even get that down.