PaperCoin: An Open-Source Cryptocurrency Trading Simulator

PaperCoin is an open-source crypto trading simulator designed to provide an authentic trading experience without financial risk. This platform allows users to trade popular cryptocurrencies through an intuitive API-driven interface, synced with real-time exchange rates.

Key Features:

Risk-Free Trading: Practice with virtual funds ($10,000 starting balance).
Real-Time Data: Simulated trades reflect current market conditions.
Multi-Currency Support: Trade over 10 cryptocurrencies (with more added regularly).
Educational Tool: Ideal for testing strategies before investing real capital.

How PaperCoin Works

Getting Started

Registration: Users receive a virtual $10,000 balance upon signing up.
Trading: Buy/sell supported cryptocurrencies using the interactive frontend.
Learning Tools:
- Real-time trading charts.
- Historical exchange data for strategy analysis.

👉 Start your risk-free trading journey today

Setting Up Your Own PaperCoin Instance

Prerequisites

Node.js (v14+ recommended).
MongoDB (community edition).

Installation Steps

Clone the Repository:

git clone https://github.com/piuswalter/CryptoTradingSimulator.git

Install Dependencies:
- Navigate to /frontend and run npm ci.
- Repeat for /backend.

Launch the Application:

Start MongoDB:
```
mongod --dbpath mongodata/
```
Run the backend:
```
cd backend && npm run start
```
Launch the frontend:
```
cd frontend && npm run start
```

Default Access Points:

Backend: http://localhost:8080
Frontend: http://localhost:3000

Technology Stack

Component	Purpose
MongoDB	Database for transaction history
Express	Backend API framework
React	Dynamic frontend interface
Node.js	Server-side execution

👉 Explore advanced trading strategies

FAQs

Q1: Is PaperCoin free to use?

Yes! It’s open-source under the AGPL-3.0 license.

Q2: Can I add custom cryptocurrencies?

Currently, only pre-supported currencies are available, but the project welcomes community contributions.

Q3: How often are exchange rates updated?

Rates sync in real-time via integrated API feeds.

Q4: Is coding knowledge required to set this up?

Basic familiarity with Node.js and MongoDB is helpful but not mandatory—follow the setup guide above.

License

AGPL-3.0. View the full license here.

Empower your trading skills—without the risk.


### Keywords:
1. Cryptocurrency trading simulator  
2. Paper trading  
3. Risk-free crypto trading  
4. MERN stack  
5. Open-source trading tool  
6. Virtual trading platform  
7. Crypto API interface  
8. AGPL-3.0 license  

### Notes:
- Removed redundant installation links (Node.js/MongoDB).