peers.exchange is a fee-free, no-real-money exchange built for Simjot school students. Every school has its own coin — SGNUSH-USD for NUS High, UKPION-USD for Pioneer Academy — and you trade it against a single play currency, USD.
The whole point is to learn. Nothing here has monetary value, there are no deposits or withdrawals, and you cannot buy coins with real money. You sign in with your Simjot account, and on your first visit you are handed 1000 of your school's coin and 1000 USD to start trading.
Why a coin per school?
It makes the market personal. Your school's coin starts at exactly $1.0000, and where it goes from there depends on how your peers — and students at every other school — decide to trade it. Sell some of your own coins and you can buy any other school's coin.
Liquidity bots quietly keep every book tradeable so you always have a counterparty, but they step back when students are active. The market is yours.