The first stablecoin to land on Young: USDC

usdc young

USCD in the Young Platform exchange, a stablecoin on the Ethereum blockchain and linked to the US dollar

Young is pleased to announce that as of today it will be possible to buy one of the most important stablecoins, USD Coin (USDC), on our exchange. Like all other stablecoins, USDC can be a fallback option in these times of high volatility in the markets.

What is USDC?

USDC is based on the Ethereum blockchain and is “pegged” to the US dollar, which means that each USDC represents 1 US Dollar.

Why USDC?

USDC is one of the stablecoins with the highest liquidity and market capitalisation.

Furthermore, it is a certified project whose reserves are audited every month by 5 accounting companies including Grant Thornton LLP.

How much is 1 USDC worth?

1 USDC = 1 $

This means that if, for example, I convert 1,000 Euros into USDC, I end up with the equivalent in US dollars.

Following this example: if 1€ corresponds to $1.11

1000 Euro = 1187.83 USDC

Which USD Coin pairs will be available on Young Platform?

USDC – EUR

USDC – BTC

USDC – ETH

USDC in the context of MiCA

After the implementation of MiCA, Circle, the company that issues the e-money token (EMT) USDC and the first to comply, has declared support for the right to redeem USD Coin at any time and at face value, as stipulated by the regulation. This means that users who possess it can exchange their USDC for dollars (at a 1:1 ratio) through Circle at any time. For more information please visit the Circle official website.

Want to know more?

Read the Academy article dedicated to USDC and those on stablecoins!

Official website: check out the Circle website and the USDC website.

Read the USDC Whitepaper.

For information and support, visit the Circle website or submit a ticket.

For all information requests and quotes from law enforcement, send an email to [email protected].

Join Young Platform and the Italian Red Cross in the fight against the Coronavirus

Young Platform is here to play its part with the Italian Red Cross  and Helperbit, by launching a fundraising campaign in Bitcoin for the purchase and setup of an advanced field hospital for the COVID-19 pre-triage.

Thanks to your help we will be able to guarantee more beds and medical staff to take care of new patients by helping the work of the Emergency Room and thus avoiding to expose the hospital staff to infection.

Now is the time to make your contribution and give your support. Italy is teaching the whole world that in times of real crisis we are able to respond to emergencies with speed and great pragmatism.

Help us achieve this goal!

How can I donate Bitcoin?

  1. Log in to Young Platform 
  2. Go to the Wallet section
  3. Click on Withdraw
  4. Select Bitcoin
  5. Enter the wallet address of the Beneficiary (Wallet Italian Red Cross)   3NpNJfgpYVyZSa8YCfUufC3idVtF3iSX6d
  6. Enter the amount you wish to donate in BTC
  7. Confirm the operation by clicking on Withdraw BTC
  8. You will be asked to confirm the operation with the OTP via email
    or Google Authenticator if you set it up.

You can check the address of the Red Cross Wallet by clicking on DONATE NOW. You will be redirected to the official charity collection page.

How can I donate Ethereum and Litecoin?

  1. Click DONATE NOW.
  2. The Helperbit campaign page will open up.
  3. Click Donate.
  4. Select the currency you wish to use (from Young Platform you can send only LTC and ETH).
  5. Copy the wallet address provided by Helperbit and paste it on Young Platform in the Withdraw page > Withdraw button > Ethereum or Litecoin depending on what you want to donate.
  6. Enter the amount you want to donate.
  7. Confirm the operation by clicking on Withdraw.
  8. You will be asked to confirm the operation with the OTP via email
    or Google Authenticator if you set it up.

Young Platform’s CEO, Andrea Ferrero, commented: “I strongly believe that blockchain technology is more effective and transparent to support this kind of initiatives. Young Platform is a company whose goal is to create or exploit innovative models to improve existing procedures and we will always be at the frontline in setting up projects like the one we are undertaking for the Red Cross”.

Data Protection and Security on Young Platform

For us at Young, the safety of our users comes first. We use the Identity Verification (KYC) procedure and Anti Money Laundering (AML).

When you buy and sell cryptocurrencies, you should operate on certified, reliable and compliant platforms. This is to protect your funds from potential fraud, criminals who try to create fake accounts to launder money or criminals who want to hack the system. The first form of security that an exchange platform must put in place to defend its users from these potential dangers is the Identity Verification (KYC) procedure.

Many are asking us what exactly the Identity Verification (KYC) procedure is and why it’s important, so we thought we’d prepare an article with everything there is to know about your security when you operate on the Young Platform exchange.

What is KYC?

The Know Your Customer procedure, better known as KYC, is nothing more than the identification process used by banks, financial intermediaries and even cryptocurrency exchanges to certify that a user is a real, natural person.

Cryptocurrency exchanges are considered by European legislation as real financial operators, so they are required to comply with the same rules as a bank. The procedure only takes a few minutes. The user must provide his or her ID, a photo of his or her face and indicate where he or she is domiciled and resident.

Our partner provider Onfido matches the user’s selfie with the photo on the ID and verifies that it is the same person. Simultaneously, it is able to report if the person has a serious criminal record, if he is a politically exposed person, a terrorist or subject to serious sanctions.

All potentially dangerous individuals are blocked and cannot create their account. This guarantees the Young Platform community, as well as the community of all exchanges that comply with European regulations, to work together with real, natural persons with no criminal record. Checks are performed periodically for the same purpose.

So to sum up, the main objective of KYC is to verify the identity of the user, with the dual purpose of protecting the user and the company from attempts at corruption, online fraud and money laundering practices.

How is my personal data used?

The idea behind the Privacy Policy is very simple: the protection of the user must be at the heart of any data collection process.

In particular, online platforms for financial activities such as the exchange Young Platform are designed from the very beginning with data protection in mind. This means that, by definition, the entire investment process on a regulated exchange is transparent, traceable and explicit.

The user’s personal data is stored and processed by Young Platform in this way and for these purposes:

  • Without being sold to third parties.
  • To allow customers and potential customers to access and use Young’s products and services.
  • To counter eventual cyberattacks and illegal activities such as abuse and misuse and to administer and update databases containing the user’s personal data.
  • To understand the feedback received on Young’s products and services and to provide additional information to customers and prospective customers on the use of these customized products and services in a quick and easy way.

What is AML or Anti-Money Laundering?

AML (Anti Money Laundering) refers to the preventive action and the campaign against money laundering. Money laundering and terrorist financing are criminal phenomena which, because of their global extent, pose a threat to the real economy and have serious destabilising effects on the banking and financial system.

In light of the dangerous nature of these phenomena, Young responds by setting up the Anti-Money Laundering Function, designed to prevent and tackle money laundering operations, by working with institutions and professionals.

Young’s Anti-Money Laundering Function complies with the 5th AML Directive issued by the European Union.
Young is also committed to raising awareness on the prevention and mitigation of money laundering and terrorist financing.

Litecoin (LTC) lands on Young Platform!

Litecoin is now tradable on Young Platform

LTC, the Litecoin crypto also called digital silver, is now available on Young Platform’s exchange

Among the cryptocurrencies available for trading on Young Platform is Litecoin (LTC). Discover the use cases and features of the first altcoin!

What is Litecoin?

Litecoin is one of the first blockchains to be created and it is nicknamed Bitcoin’s ‘little sister’. The project was founded in 2011 from an idea of former Google and Coinbase engineer Charlie Lee. It is to all intents and purposes a fork of Bitcoin’s source code, the two blockchains are very similar in this respect. However, the differences they have are related to the block validation time and hashing algorithm. Litecoin has tried to maintain the strengths of Bitcoin’s blockchain and at the same time improve its weaknesses. Like the parent blockchain from which it derives, Litecoin works according to the Proof-of-Work consensus mechanism: it is the miners who validate transactions through their computational power and who create the new blocks in the network.

What is LTC?

‘Altcoin’ is the term used to refer to all alternative cryptocurrencies to Bitcoin. The first crypto in this category to be developed is LTC. While Bitcoin is often referred to as ‘digital gold’, Litecoin is known as ‘digital silver’. So, what is Litecoin used for? The main use case for LTC is peer-to-peer payments. Since Litecoin can process transactions 4 times faster than BTC, payments are cheaper and faster.

Why did we choose LTC?

LTC is one of the blockchains that made the history of cryptocurrencies. In operation since 2011, it continues to guarantee fast, cheap, low-energy transactions without neglecting network security. Litecoin is trying to establish itself more and more as a network for small everyday payments. It is also a blockchain known for its focus on privacy. The network integrated the Mimblewimble protocol in 2022, which takes care of transaction privacy through five different cryptographic mechanisms.

Which pairs are available for LTC?

●     LTC-EUR

●     LTC-USDT

Want to know more?

Read the Academy article about Litecoin and the one dedicated to its creator Charlie Lee!

Young Platform was selected for Slush Helsinki

Today Young Platform had the pleasure to present its exchange platform at the greatest investors’ meeting in the world: Slush Helsinki.

Over the past five years, Slush has become the world’s largest venture capital fundraising event. In 2018, more than 1,800 investors joined Slush, representing a capital of over $200 billion. This year, the number of investors has risen to 2,000 and they are going to consider more than 3,500 startups at the Expo and Convention Center in Helsinki.

With an invested capital of $100 million, 2019 has been the best year of the decade for European technology companies.

Slush is, therefore, another essential step in the process of Young Platform’s internationalisation, an opportunity to exchange views with other emerging companies and meet a crowd of investors who are vertical on the technology sector.

We look forward to seeing you at our stand!

The Young Team

Young Platform launches its exchange at the Crypto Coinference

After the Lisbon Web Summit, Young Platform is ready for the official launch of its exchange at the Crypto Coinference 2019, the most important event dedicated to crypto and blockchain in Italy.

The event is scheduled for Thursday, November 14th at the Novotel Milano Nord Ca’ Granda, Viale Giovanni Suzzani, 13, Milan.

Throughout the day, 2 members of our team will participate as speakers in the conference panel:

Hall 2 – from 12.55 am to 1.15 pm

Crypto Made Easy – The crypto-ecosystem for the next generation of investors

The Co-Founder & CEO Andrea Ferrero presents the Young Platform exchange to an audience of experts and enthusiasts.

Hall 1 – from 10.30 am to 10.50 am

Alternative finance, from exchanges, to wallets and trading investing

Our Chief Marketing Officer Diego D’Aquilio, together with Enrico Pacusse, TradingView Growth Director for Italy and Christian Miccoli, Co-Founder & Co-CEO at Conio and Former President & CEO at CheBanca will take part in the debate.

The whole team will be waiting for you at the Young exhibition stand to meet you and tell you all about the specific features of our platform.

Young Platform at the Lisbon Web Summit: the journey continues

Lancement de l'échange au Lisbon Web Summit

In Lisbon to present the exchange Young Platform and talk about the future of blockchain.

Young Platform had the pleasure and the honor to attend the 2019 edition of the Lisbon Web Summit, the most important event dedicated to technology and startups in the world.

The numbers are impressive: during these 4 days (from 4 to 7 November) more than 70,000 people participated, including 1,500 investors and 2,000 journalists.

As far as the Young Team is concerned, CEO Andrea Ferrero, COO Alexandru Stefan Gheban, CTO Samuele Raimondo, CMO Diego D’Aquilio, Innovation Manager Alessandro Perillo and our Advisor Mariano Carozzi attended the event.

It was an indescribable emotion for us to be able to present our flagship product: the exchange Young Platform, with which you can buy and sell the main cryptocurrencies such as Bitcoin and Ethereum in a simple, fast and secure way.

During these 4 days we have been able to exchange views with startups, entrepreneurs, investors and visitors from all over the world who gave us their feedback on our project.

On the opening night, we were impressed by Edward Snowden’s speech live from Russia that made us further understand how much a new phase of the web is needed (the so-called Web 3.0) of which the blockchain will be the backbone technology.

While speaking with the fintech market leaders (including Revolut and eToro) we established that the financial market is in great difficulty and that the “traditional” players will have to completely reinvent themselves if they want to survive.

The organisation of the event was quite impressive: hundreds of volunteers from all over the world helped make this experience memorable, also by making life easier for all of us exhibitors.

Ultimately, we can say that the Web Summit is an actual experience, and not just an event, from which we return motivated to achieve all the ambitious goals we have set for ourselves, starting with the official launch of our exchange Young Platform.

See you next year, Lisbon

Young Platform is now partner with the Mauriziano Hospital of Turin

Post your steps during the day, collect points and win medical services!

Are you out with your four-legged friend? Are you shopping through the streets of the city centre? Or are you a marathon runner training? Walking is a daily gesture that can help maintain our health, but we are often unaware of it.

This is why, with the Mauriziano Hospital in Turin, we are creating an app to help people with cardiovascular problems, based on the simple act of walking.

Collaborate with us on the project to help us win the “La prevenzione scorre” (“prevention runs”) contest.

Only by winning the contest will we be able to create the app!

How to help us

Post on Facebook a photo of the km/miles covered during the day (for example with a screenshot of the Health app) and remember to insert the tag of the initiative @la prevenzione scorre, the hashtag #scorre18 and the movement mode: #bike or #foot

The project

Walking is an activity that is good for cardiovascular health and it is less practiced by those who need it most. An American study on 30,000 subjects indicates the activity of walking is less practiced among those with risk factors (obesity, diabetes / dyslipidaemia, hypertension) or suffering from cardiovascular disease.

To encourage people to change their lifestyle, we have devised a strategy that is based on rewarding the steps taken during the day. The steps are calculated by a free App, “MindStep”, which updates the results in real time, shows the history of your progress, creates a ranking of the most active “walkers” and converts the amount of steps collected into points that you can spend in health bonuses.

A simple walk can, for instance, give access to a cardiological and nutritional counselling aimed at prevention, or athletic and osteopathic therapy to correct and prevent activity-limiting disorders, or a workshop in breathing techniques and autonomous training.

Thanks to the App, people can have the increased perception that even a simple daily gesture like walking translates into a real gain in health and savings for medical examinations, as well as an effective method of prevention.

We want to promote interactive, new and informed health education. In this way, the health programme becomes an extended educational tool that provides handy examples, testimonials, and reminders of virtuous behaviour through push notifications, verification of the strategic detail of one’s lifestyle and video-recordings of the breathing techniques taught during the autonomous training day. Combined with the game-like functionality of the App and sharing on social networks, this supports those who start to change their lifestyle and rewards those who are already active, encouraging them to do well and feel better.

Young Platform at the Barcelona Trading Conference

The Barcellona Trading Conference: for Young Platform an opportunity to learn about the latest developments of the technology and to network with internetional experts.

On the 10th and the 11th of July, the Crypto-Industry leaders will gather inside the CCIB in Barcelona for the Barcelona Trading Conference (BTC).

Key players from every branch of the industry are going to attend: innovators, opinion leaders, brokers, exchanges, digital tech companies, but also banks and institutions. The event aims, in fact, to allow the adoption of crypto-assets by the institutions, and the attendance of the main representatives of the Catalan government (one of the top sponsors) is a guarantee of this. The crypto world doesn’t intend to remain a niche-sector, instead, it is opening up and interacting with the “old world”, and someone out there seems to be listening.

Among the numerous international participants, you’re going to find also Young Platform, represented on site by Diego D’Aquilio, CMO at Young Platform, who will have the chance to network with other experts and professionals in the field, to attend workshops about the latest developments of the technology and discussions on the hottest topics.

The conference promotes the exchange of visions between people coming from a vast range of career backgrounds and cultures, consequently stimulating the progress and expansion of the industry.

The goal is to find new ways for crypto-assets to interlock with the economical and financial systems in force, in a way that may benefit both parties, multiplying the chances and resources at all levels of business, from SMEs to state policies.

Young Platform Opens up 3rd Office at Level 39 in London


Young Platform looks at the international community: in London in one of the most important FinTech networks.

Young Platform opens up its third office in London at the launch of the equity crowdfunding on Seedrs, the English fundraising platform specialised in startups.

Since the 17th of June, investors have had access to the Public phase of the Young Platform fundraising campaign, which achieved the target of €500,000 in only 36 hours. The campaign is now overfunding with over 450 investors.

As a conclusion to this round, and with a view to internationalisation and market expansion, Young Platform has chosen Level 39.

Located in the middle of one of the world’s most important financial districts and the iconic One Canada Square, Level 39 is Europe’s largest FinTech incubator, which is home to many companies such as Revolut.

“Level 39 is an opportunity for Young to build a solid network of FinTech partners within the international market,” explains Diego D’Aquilio, CMO of Young Platform, “this will make the company’s growth faster and more effective.”

We are deeply convinced that the world of cryptocurrencies represents a form of financial freedom and everyone should be able to access it. With this goal in mind, our Operations Team is constantly working on international expansion, also by hiring international professionals to complete and consolidate the team.

Owned wholly by the Canary Wharf Group, Level 39 launched in March 2013. Since then, Level 39 has grown from a simple idea into a three-floor, 80,000 square foot community space occupying the 39th, 24th and 42nd floors of One Canada Square.

Today Level 39 is a community of 1,250 people, which are part of 220 companies from 48 nations, leaders in Cybersecurity,  FinTech and Retail Tech, a community that is shaping the future of finance and technology. In 2017 the members of Level39 have raised £100 million in investment.

“We are trying to make the world of cryptocurrency accessible to everyone” concludes Diego D’Aquilio CMO of Young Platform, “and we’re proud to be part of an ecosystem like Level 39, a place that reflects our values and goals.