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7 rules to secure your cryptos on Young Platform

sicurezza young platform

Security is very important to Young Platform, which is why we create content and features to help you properly guard your cryptocurrencies.

We’ve put together this handy checklist to help you make sure you’ve completed all the necessary steps to secure your Young Platform account. If you don’t know how to do this, the guides will explain all the steps in a simple way.

Your Security Checklist

1.  A unique, complex and hard-to-guess password

Scegli una password non legata in nessun modo alle tue informazioni personali, come ad Choose a password that is not linked in any way to your personal information, such as your date of birth or your children’s names. Also, use a unique password that you don’t use for other accounts. Read the guide.

2.  2-factor authentication

2-factor authentication is one of the most robust security systems we have today for managing our accounts on the internet. If you haven’t set it up yet, go to the Guide.

3.  Set up a PIN or FaceID

Make your account even more secure by setting your Face ID or PIN to access the Young Platform app. If you don’t know how to set it up, follow the simple steps in this Guide.

Be wary of people calling you on the phone!

4. Never give your credentials to anyone!

No member of the Young Platform Team will ever call you on your mobile phone to ask for your login credentials or any security code and most importantly, will never ask you to perform a transaction during the call.

5. Don’t trust anyone who calls you on your mobile and asks you to send them your cryptocurrencies!

No member of the Young Platform Team will ever call you on your mobile phone and ask you to send money to an external wallet address.

6. 3rd level identity verification

Only in case you apply for Level 3 Verification or higher, a Young Platform Team member may call you to complete the process together with an interview. Again, under no circumstances will you be asked to move money or your cryptocurrencies.

7. If you have any doubts, ask the Team for support now!

If you have any suspicions or concerns, before you make any withdrawals from your account and send your cryptocurrencies to someone you don’t know, open a support ticket. Our team will help you immediately.

Dive deeper on the Academy

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Acqui-hiring: Young Platform absorbs the skills of Arithmos Trading Ltd

young platform arithmos

The acquisition will allow Young Platform to develop new and innovative proprietary trading algorithms, fully automatic and built ad-hoc for the crypto markets

Arithmos Trading Ltd has distinguished itself through its achievements, with dozens of certified track records and its methodology for designing new automated strategies

The operation will result in an Italian company bringing back talent and advanced technologies in the crypto world that had previously ended up abroad

Turin, 13 January 2021 – Young Platform S.p.A., the platform that simplifies access to the world of cryptocurrencies, has announced the acquisition of Arithmos Trading Ltd, a company specialising in the development of fully automated trading systems. An automated trading system processes multiple sources of information at a very high speed in order to maximise profit while minimising risk and human intervention.

Arithmos Trading Ltd’s algorithms have been proven, with certified track records and objective results, to address the changing and unique needs of the crypto markets. Through this operation, Young Platform intends to consolidate its position as a leading Italian crypto exchange, capable of bringing new and exclusive features to its users in the future.

Through the acqui-hiring operation, the intellectual property of Arithmos and its team will be integrated into Young Platform’s staff, thus allowing an Italian company to bring back advanced technologies and competencies in the crypto world that had previously ended up abroad.

Arithmos Trading Ltd was established in London in 2020 after years of research and development by its two founders, Edoardo Degli Innocenti and Matteo Meinardi, both engineers with MBAs from the Collège des Ingénieurs. In a short time, Arithmos has managed to invent a proprietary methodology capable of building robust algorithmic trading systems capable of automatically trading in more than 20 different markets simultaneously.

The great flexibility and originality of the strategies of the London-based firm, which has developed three different families of trading systems capable of generating net profits of over 70% per year, will allow Young Platform to enable a set of new exclusive features for platform users in the future, based on the most modern techniques of strategy design and artificial intelligence, thus gaining a further concrete competitive advantage in the market.

The operation is strategic in the overall industry landscape, which has seen major international financial market players introduce innovative algorithmic trading products during the pandemic to ensure better services and help clients navigate the increasingly complex and volatile market dynamics.

Edoardo Degli Innocenti and Matteo Meinardi, founders of Arithmos Trading Ltd, commented: “We are proud to have achieved such ambitious results in just two years, thanks to a focus on the development of innovative and effectively integrated products, from which we expect considerable synergistic contributions to accelerate the growth of Young Platform into an industry leader.”

Andrea Ferrero and Mariano Carozzi, CEO and Chairman of Young Platform, commented: “We believe that artificial intelligence applied to trading will play a significant role in Young Platform’s future. The solutions developed by the Arithmos team are the highest in terms of reliability and performance. We are excited about Young Platform’s upcoming future, and with this team on board, we hope to further accelerate our development at an international level as well. “

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Ethereum Name Service (ENS) lands on Young Platform Pro!

ens listing

On Young Platform Pro you can now find ENS, the Ethereum Name Service token for personalised blockchain domains.

Today’s listing is for ENS, the Ethereum Name Service token, the platform to claim domains on blockchain. What’s new at Web3! 

What is Ethereum Name Service?

Ethereum Name Service is a platform to acquire domains registered on the Ethereum blockchain. In the Internet lexicon, a “domain name” or “domain” is a name associated with a server’s IP address and used to identify a website in a simple way. 

Blockchain domains work in a very similar way to classic web domains, but with all the advantages of being on blockchain. You can associate the addresses of any wallet with a blockchain domain and use it instead of long addresses made up of letters and numbers. This gives you a simple, easy to remember and shareable address on which to receive cryptocurrencies, tokens or NFTs. A blockchain domain can also be used to build decentralised websites that are immune to censorship: only the owner can delete or modify the content. Unlike classic Internet domains, blockchain domains are not held in a registry but in a wallet. They are therefore assets in their own right, exchangeable like a cryptocurrency and also circulating in secondary marketplaces.

With Ethereum Name Service you can buy a .eth domain on Ethereum and use it as your social media username and address for your transactions. Many people already use this service, including crypto stars such as Paris Hilton (parishilton.eth), and basketball player Shaquille O’Neal (shaq.eth)! You can check that the name you have in mind has not already been bought by someone on ENS website.

What is ENS?

ENS is the native token of the Ethereum Name Service intended for managing the governance of the project’s DAO. ENS holders are entitled to express their opinions on issues such as the formulation of the ENS Constitution. If you’ve already bought a .eth domain, you could be entitled to redeem some ENS tokens! 

Why have we chosen ENS?

Ethereum Name Service has so far registered 652,000 domains on Ethereum for a total of 209,000 owners, demonstrating that it offers a valuable product. The market for blockchain domains is interesting because of the possibility of creating decentralised websites and the convenience of having a user-friendly wallet address. One thing is certain, blockchain domains are the user names of the Web3. 

Available pairs?

ENS/USDT

Want to know more?

Read the Academy article out tonight!

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Recurring Purchase now with Satispay on Young Platform

satispay

We have developed the missing piece that completes the functionality of Recurring Purchase, Money Box and Deposit with Satispay. We combined all 3!

If you haven’t guessed, you can now set up Recurring Purchase and pay with Satispay.

Let’s do a quick recap, for those who missed the last features released last year.

How does the Satispay Deposit work?

Since November you can top up your Young Platform account with Satispay in the following way:

  1. For free
  2. Instantly

This means that it is also free to use Satispay for recurring purchases on the Wallet and the Money Box. Needless to say, this is the most convenient deposit method if Satispay is available in your country.

Read our guide

What is the Recurring Purchase?

Do you prefer to buy Bitcoin or Ethereum on a regular basis, instead of keeping up with the market?

While you are buying, you can choose to set a frequency with which this will be repeated: weekly, every two weeks or monthly.

Just set the amount and choose how you want to pay: with your Euro Wallet, by card (Italy)… or with Satispay!

Once confirmed, the first operation will be performed and then regularly repeated automatically. 

If you choose to pay by card, each time a deposit will be made that requires a fee and then a purchase that requires a second fee. 

If you use Satispay, you only pay the purchase fee.

Want to push the envelope? By buying the YNG token you can even halve your purchase fees.

Read our guide

What is the Money Box?

Did you know that recurring purchases can also be programmed to top up the Money Box on a regular basis?

The Money Box is a separate wallet from the one you use to buy and sell. It is the ideal place to accumulate and store cryptocurrencies for the medium term. It helps you realise your goals more easily and keep track of all your crypto operations on Young Platform.

Read our guide

Sign up to Young Platform
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Avalanche lands on Young Platform!

avalanche

On the Young Platform exchange you can now find AVAX, the Avalanche token. The blockchain for developing decentralised, scalable and secure projects

New listing on Young Platform. Have you heard of Dapps? And DeFi? Surely you know what an NFT is! Avalanche is the blockchain that allows developers to do all these things in a simple way.

What is Avalanche?

Avalanche is a project started in 2018 by developers at Ava Labs. It is a blockchain that solves the trilemma of scalability and is therefore simultaneously scalable, secure and decentralised. How is it possible to have all three characteristics? Thanks to Snowball, the consensus algorithm of this blockchain. On Avalanche you can find a platform to create blockchains, a Smart Contract protocol to develop Dapps and NFTs, a tool to create tokens and to tokenise assets.

What is AVAX?

How do you do all these things on Avalanche? By using the AVAX token. It is used to pay network fees and as an exchange token in all the dapps that the platform provides. In addition, AVAX is used as collateral for validators, who have to stake at least 2000 AVAX to participate in the network. 

Why did we choose AVAX?

AVAX is the token for those who want to enter a new decentralised ecosystem, which is very fast, has very low fees and is environmentally friendly. There is a DeFi ecosystem developing around this blockchain to keep an eye on. Such as? Pangolin, a decentralised exchange on which to do staking and yield farming. Or Yay Games, a decentralised games platform and marketplace. 

What pairs are available for AVAX?

  • EUR-AVAX
  • USDT-AVAX

Want to know more?

Read the Academy article on Avalanche!

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Enjin (ENJ) lands on Young Platform Pro!

Enjin (ENJ) arrive sur Young Platform Pro!

On Young Platform Pro is now available ENJ, the token of the Enjin platform for NFTs

In the Metaverse month, MANA and SAND joined the team. Today it’s the turn of Enjin (ENJ), the cryptocurrency for NFT lovers!

What is Enjin?

Enjin is a platform that makes life easier for all those who use, create and sell NFTs. The project was founded in 2009 to focus on the gaming industry, but over the years it has increasingly turned to blockchain technology and its integration into games. Enjin now offers a whole range of tools for individuals, companies and developers to develop and monetise digital content.

These tools include a marketplace, a wallet and software for making NFTs. The aim of the platform is to reduce the costs of these operations and make them easier. Enjin currently works with more than 70 gaming and tech companies, including Microsoft. 

What is ENJ?

To leverage all the services of the Enjin ecosystem was designed ENJ, an Ethereum-based token. Its main purpose is to support NFTs at every stage of their existence: from creation to destruction, from buying to selling. 

Why did we choose ENJ?

You may have noticed that we have been devoting a lot of blog articles to the topic of NFT lately. We have been warming up in anticipation of Enjin’s entry! By now non-fungible tokens are everywhere, even Young Platform is getting ready for the Metaverse adventure.

ENJ is ideal for non-programmers who want to try their hand at collecting or designing digital content, or for game enthusiasts who want to make their gaming experience as cutting-edge as possible. 

Available pairs?

  • ENJ/USDT
  • ENJ/EUR

Want to know more?

You can’t miss tonight’s Academy article on Enjin!

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Satispay lands on Young Platform

satispay

As an Italian fintech startup, Young Platform is excited to announce the integration with Satispay, the most interesting and popular payment app in Italy.

Satispay is a payment app available in Italy, France, Germany, Belgium, Luxemburg and the Netherlands.

Many of us are already used to paying for everything with our phones, and with Satispay you no longer have to rummage through your bag or rucksack to scrape together loose change.

Young Platform is with Satispay on a mission to completely digitalise payments.

That’s why Satispay’s snazzy logo will give you relief on the Young Platform app too. 

In fact, you can finally deposit on Young Platform using your weekly Satispay budget.

Depositing with Satispay means:

  • Instant deposit
  • Zero fees at the launch

Download Satispay

Read our Guide

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Decentraland (MANA) lands on Young Platform

decentraland

Today on Young Platform you can find Decentraland (MANA), the cryptocurrency for a virtual world.

The first listing for the Metaverse month is MANA, the Decentraland cryptocurrency. Young Platform proposes the native crypto of this virtual space, after its incredible growth linked to the rebranding of Facebook to Meta.

What is Decentraland?

Decentraland is a metaverse on the Ethereum blockchain. It is a virtual space that connects users around the world through the internet. Decentraland is divided into approximately 90,000 LANDs, virtual pieces of real estate, where you can create any kind of content. Palaces, works of art, discos: like a real world, each user can explore it, visit it and take part in events proposed by other players. 

What is MANA?

Decentraland (MANA) is the cryptocurrency for Decentraland. It’s used to take part in all buying and selling activities in this metaverse. Live music shows, shops, and breathtaking resorts are only a crypto transaction away! MANA holders also have the opportunity to contribute to decisions about updates and policies in Decentraland. 

Why did Young Platform decide to list MANA?

Not just FOMO: We think that the interest in MANA is not just the fad of the moment, we look at its actual growth potential! A quick fact? Between 28 and 30 October, there was a 191.2% price increase (from $0.9106 to $2.6519). We chose MANA to focus on the future of the Metaverse and its ability to connect users in all parts of the world. MANA is the perfect token for gamers because it allows them to play using cryptocurrencies with a monetary value, unlike classic video games. 

Which MANA pairs will be available on Young Platform? 

  • MANA/EUR

Want to know more?

Don’t miss out on the Academy article dedicated to Decentraland out tonight

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Terra (LUNA) lands on Young Platform!

As of today you can buy, sell and store Terra (LUNA) on Young Platform!

In May 2022, a collapse of the Terra’s ecosystem occurred, negatively impacting both TerraUSD and LUNA. This article was written before the event, so before reading it, we encourage you to learn more about the situation and stay updated. In general, Young Platform articles are intended for informational purposes only and do not constitute financial advice.

 

What is Terra?

Terra is a blockchain for global and decentralised payments. Numerous decentralised financial services and stablecoins are based on the Terra blockchain.

Terra-based stablecoins, such as UST and KRT, maintain their peg to the US Dollar and Korean Won thanks to an algorithm.

This means that they do not need to be backed by reserves of any kind, with the complications this would entail.

How does LUNA work?

LUNA is the main cryptocurrency of the Terra blockchain. In order to contribute to the blockchain, participate in governance and stake on Terra, it is necessary to have LUNA.

These many functions of LUNA encourage its demand in the market.

Why has Young Platform decided to list it?

From August 15th to 21st the price of LUNA went from around $16 to the all-time-high of around $36, making headlines on any crypto news website.

Terra (LUNA) is now ranked 16th on the cryptocurrency market.

Tomorrow, September 9th, Terra will launch an update to its blockchain (Columbus-5) that will add new DeFi features.

 

Available pairs?

On Young Platform and Young Platform Pro you can buy and sell LUNA with the following pairs:

  • LUNA/EUR
  • LUNA/USDT

 

Want to know more?

Read our article about Terra on Young Academy!

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Chiliz (CHZ) lands on Young Platform Pro!

You can now buy, sell and store Chiliz (CHZ) on Young Platform Pro!

What is Chiliz?

Chiliz is an Ethereum-based project that combines cryptocurrencies and sports. Through its platform, Socios.com, it allows fans of different sports to influence certain decisions regarding their favourite team and gain exclusive advantages.

How does CHZ work?

CHZ is the official cryptocurrency of the Chiliz blockchain and the Socios.com app. Fans buy CHZ in order to be able to buy Fan Tokens issued by their favourite team, so they can vote in the surveys that the team publishes on the app.

Why has Young Platform decided to list it?

The world of cryptocurrencies and blockchain is gaining momentum in sport, especially in soccer.

Just think about club NFTs, prediction markets on blockchain, think about how many clubs are entering into partnerships with exchanges.

The idea of making fans part of the life of their teams is transformed with Chiliz into a very simple and practical blockchain use case for sports fans!

Available pairs?

Chiliz (CHZ) is available for purchase and sale on Young Platform Pro with the following pair:

  • CHZ/EUR

Want to know more?

Read our article about Chiliz on the Young Academy!