I am developing and designing an exchange and looking for some suggestions!

[NotATether]

When it comes to simulation platforms then there are lots but creating another one and tending to teach up some noobs then this wont really be a bad idea.
Site design isnt half bad either but as suggested it would be good if technical indicators or tools are complete like SL or TP's will be a good add up.

I second this. It will be useful for newbies to have an exchange with trading indicators and signals laid out with margin and a fake balance, to avoid making a pointless demo account with some broker, and most brokers you can make demo accounts on for free aren't focused on cryptocurrency trading anyway. I admit indicators may be a difficult feature to implement because they have to be exactly right to be useful, there aren't a lot of open-source implementations of indicators you can reuse or APIs you can connect to that don't cost a lot of money, and of course even without these problems, all of this is a lot of work for one person. So implement what suits you.

[roberthays]

I’m developing and designing an exchange and I wanted to gather some suggestions from the community! Here is a little preview of it:





I’m creating a free and open source exchange that will be based on ‘play money’. I thought this could be useful as a lot of the time, beginners are thrown right into the deep end when signing up to most exchanges. With an exchange that only deals with ‘play money’, users can get a feel of what it’s like to trade with Cryptocurrencies. It’s just a little side project but I thought it could perhaps be useful.

So, I wanted to gather some suggestions on what confused you when you signed up to an exchange as a beginner?

I help a lot of people to register with Exchanges and most of them just need a platform to buy and sell bitcoins for personal use, they do not want to use exchanges to be full-time traders. I think a lot of this has to do with the complexity of the trading concept and all the different trading strategies and jargon linked to it. 

This will be a nice tool for them to grasp the basics, without having to risk any of their own capital, so thank you for that. One of the biggest mistakes that most of the newbies does, is to forget about the trading fees. (They make a bunch of small trades, with small margins and then most of the profit are absorbed by the exchange fees that are charged. 

Thanks for the suggestion! I totally agree (regarding the fees that newcomers are unaware of) and I do notice that very often particularly with friends/family. I'll make sure to add a feature whereby users can be notified of the fees from major cryptocurrency exchanges so they get an idea of what it's like.

[roberthays]

When it comes to simulation platforms then there are lots but creating another one and tending to teach up some noobs then this wont really be a bad idea.
Site design isnt half bad either but as suggested it would be good if technical indicators or tools are complete like SL or TP's will be a good add up.

I second this. It will be useful for newbies to have an exchange with trading indicators and signals laid out with margin and a fake balance, to avoid making a pointless demo account with some broker, and most brokers you can make demo accounts on for free aren't focused on cryptocurrency trading anyway. I admit indicators may be a difficult feature to implement because they have to be exactly right to be useful, there aren't a lot of open-source implementations of indicators you can reuse or APIs you can connect to that don't cost a lot of money, and of course even without these problems, all of this is a lot of work for one person. So implement what suits you.

I have recently come to this stage of the project and I certainly agree that it will be a nice feature to add so it's also something i'm working on. I totally agree on all fronts regarding other platforms, it seems you have to dive straight into real money trading which can be rather daunting hence why I thought a 'play money' version of a live exchange would be useful for beginners.

[Ucy]

Is this a trading simulation... more like trading  without real money for just learning purposes? Is that what you mean by "Play Money"?
Asumming this is demo trading, you could maybe experiment with trading competition and auto rewards for users with points/tokens as they progress while learning how to trade