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Crowdfunding in crypto: all the advantages and how to do it

Crowdfunding in crypto

How does crowdfunding operate in the cryptocurrency sector? It is an innovative approach to raising capital.

Cryptocurrency crowdfunding is a new, direct, immediate, simple and participative way to raise capital. This approach has gained popularity because it allows companies and individuals to quickly access funding or invest in rapidly growing startups.

Businesses seeking financial support and individuals wanting to fund their projects can use cryptocurrency crowdfunding platforms. These platforms enable them to reach a broad base of potential investors without depending on traditional banking channels or venture capital. In this article, we will explore crypto crowdfunding and how it works.

What it is and how it works

Crypto crowdfunding is a fundraising method that utilises cryptocurrencies instead of traditional fiat currency as the primary source of capital. Unlike conventional fundraising, this process often occurs without intermediaries or third parties, enabling investors to access opportunities directly.

This approach significantly speeds up the fundraising process and improves security and transparency. Today, startups can leverage blockchain technology and smart contracts to raise capital quickly and efficiently, bypassing the cumbersome procedures that were common before the digital age.

The advantages of crowdfunding in crypto

Cryptocurrency crowdfunding offers several advantages over traditional funding methods. First, it is generally more efficient, faster, and flexible, providing a reliable infrastructure. This efficiency is crucial for both companies seeking funding and investors.

Companies benefit from the security provided by smart contracts, which leverage the transparency of blockchain technology to manage fundraising effectively. The blockchain permanently records all transactions and details related to fundraising, ensuring complete transparency. This allows investors to monitor how their funds are used in real-time.

Additionally, cryptocurrency crowdfunding provides global access to investors, eliminating the geographical barriers often found in traditional funding. Like conventional crowdfunding, investors are encouraged and supported in evaluating the organisations or projects they wish to fund, but they have access to more independent information for their research.

The main types

There are various types of crowdfunding in the crypto space, with the most well-known—though often misused—being Initial Coin Offerings (ICOs). This fundraising method can be safe and beneficial; a prime example is the ICO of Ethereum, which allowed the project’s first supporters, led by Vitalik Buterin, to invest early on. However, when successful ideas emerge, they tend to be exploited by many, including those with questionable intentions who are simply looking to profit.

Only two parties typically participate in Initial Coin Offerings (ICOs): the company and the investors. Initially, the start-up launching the fundraising event presents its project to potential investors through a whitepaper summarising the business plan. Additionally, the presence of a token is crucial, and it must have a specific function. For example, the token may grant investors access to certain services related to the product or provide them with a share of the company’s future dividends.

Following the rise and decline of Initial Coin Offerings (ICOs), new forms of crowdfunding in the cryptocurrency space emerged, including Initial Exchange Offerings (IEOs). IEOs signify a notable advancement in crypto crowdfunding, as cryptocurrency exchange platforms directly handle them. Unlike independent ICOs, IEOs involve an exchange that oversees the crowdfunding process.

The main advantages of Initial Exchange Offerings (IEOs) include:

1. Increased Security: IEOs are conducted on regulated exchange platforms, providing investors greater trust and security than Initial Coin Offerings (ICOs), often linked to fraud and scams.

2. Access to Markets: IEOs provide startups with a direct channel to investors through the exchange platform, enabling them to access a large user base without establishing their investor network.

3. Simplified Procedures: IEOs streamline the participation process, allowing investors to use funds directly from their accounts on the exchange platform. This eliminates creating a separate digital wallet or navigating complex procedures.

4. Technical Support: Exchange platforms hosting IEOs typically offer technical support and assistance to investors and startups, reducing the risk of errors when purchasing cryptocurrencies.

5. Regulation: Since IEOs are hosted on regulated platforms, rules and procedures are established to prevent illegal activities and fraudulent behaviour and ensure compliance with national and international laws.

Initial Exchange Offerings (IEOs) provide a secure and convenient way for start-ups to raise funds through cryptocurrencies and for investors to participate in these projects. Thanks to blockchain technology, IEOs enable quick and transparent transactions.

To learn more about how our B2B services can support your company’s growth through this type of fundraising and other blockchain and cryptocurrency-related services, please visit our B2B services page or contact us at [email protected].

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Young Platform: from crypto exchange to payment account

young platform payment account

Download the new version of the app. In addition to the Crypto section, we are developing the Save and Cash sections that will change how you manage your finances! 

In recent years, Young Platform has emerged as one of the leading players in the European cryptocurrency industry. Founded in 2018 as an exchange, the platform has always aimed to make the world of cryptocurrency accessible to everyone. Today, Young Platform is taking a significant step in its evolution by transitioning from a simple exchange to a crypto-native payment account. This change marks the beginning of a new era for the platform and its users, who will have access to more comprehensive and integrated financial tools.

Download Young Platform app

The new interface

Young Platform’s new interface features three main sections: Crypto, Save, and Cash. This structure allows users to manage their finances in a more organised and intuitive manner:

  • Crypto: This is the platform’s core, focused on buying, selling, and managing digital assets. Users can easily trade cryptocurrencies and utilise advanced tools like Smart Trades and Staking to enhance their trading experience. 
  • Save (coming soon): This upcoming section will enable users to manage their savings, set financial goals, and create automatic accumulation plans.
  • Cash (coming soon): This section will be dedicated to cash management in euros and equipped with advanced payment tools. Users will be able to receive salaries, make transfers, and use the Young card for everyday expenses.

This transformation marks a significant evolution in the industry, bridging the gap between traditional finance and cryptocurrency.

A revolutionised user experience

The platform has been redesigned to provide a smoother, more intuitive user experience. The interface ensures simple and accessible navigation, even for less experienced users. Users will be able to customise their homepage by setting up widgets and specific preferences to monitor their portfolios, profits, losses, and market performance.

Additionally, Young Platform has introduced a notification system that keeps users updated on portfolio performance and new opportunities, as well as the release of new features. Don’t forget to activate these notifications from the profile section and the newsletters!

Access to financial education is also a key focus of the platform. With a dedicated section for guides and insights, Young Platform aims to equip users with the necessary skills to make informed financial decisions.

The Box competition: win the Young Card!

To celebrate this significant change, Young Platform is launching “The Box” competition and offering exclusive prizes to participants. One of the most coveted prizes is the Young Card, which provides cashback of up to 3.6 %* and real benefits on everyday purchases.

The competition rewards our most loyal users and encourages them to explore the platform’s new features and embrace the ongoing changes. Participating is simple: Follow the instructions on the platform to accumulate gems and stand a chance to win exclusive prizes, including Apple devices, Sony products, Amazon vouchers, and more!

Discover The Box

Security and innovation 

With the transition to a crypto-native payment account, security has become a greater priority for Young Platform. The platform employs advanced protocols to safeguard users’ funds and data, and new authentication systems have been introduced to provide even more secure access.

Another significant innovation is obtaining a personal IBAN, enabling users to receive payments directly to their Young account. This feature enhances the platform’s versatility, making it suitable for a wide range of users, from experienced traders to those who simply want to manage their liquidity more effectively.

Towards the future: the integration of traditional assets

Young Platform’s evolution is ongoing. By the end of 2025, the platform intends to incorporate investments in traditional assets, providing an increasingly comprehensive experience. This shift will establish Young Platform as a leader not only in the cryptocurrency space but also in overall financial management.

Integrating ETFs and other traditional financial instruments will allow users to diversify their investments without switching between multiple platforms. The aim is to create a complete financial ecosystem in which every investor, regardless of experience level, can find the right tools to grow their capital.

This expansion is crucial to attracting a wider audience, particularly those who have previously viewed cryptocurrencies with scepticism. By bringing traditional assets into a native crypto platform, the aim is to break down the barriers between these two worlds and offer a practical solution for asset management.

The impact of regulation and Young Platform’s vision

Young Platform has recently achieved payment account status, enhancing its compliance with European regulations and providing users with a secure and regulated environment. By adhering to the MiCA (Markets in Crypto-Assets) regulations and obtaining the necessary licenses, the platform is taking significant steps toward being recognised as a key player in the financial sector.

This regulation offers excellent consumer protection and enables Young Platform to operate in a more stable and transparent environment. Young Platform aims to set an example of compliance and transparency, distinguishing itself from many international platforms functioning in unregulated settings.

Another essential aspect of Young Platform is the decentralisation of financial management. Drawing from the principles of the blockchain ecosystem, the platform empowers users to maintain control over their funds and investment decisions.

A new way of experiencing digital finance

The future of digital finance goes beyond technology and involves the mindset with which people manage their capital. Young Platform is redefining wealth management by providing tools that enable anyone to invest with knowledge and security.

In a world where bureaucratic barriers and rigid institutions often hinder access to financial services, Young Platform presents an innovative and inclusive solution. It aims to create an ecosystem where blockchain technology can coexist with traditional financial tools, all while maintaining security, reliability, and accessibility.

Download the new version.

Young Platform is evolving from a sole exchange to a complete ecosystem integrating traditional and crypto finance into a single interface. With the introduction of the payment account and the restructured Crypto, Save, and Cash sections, users will gain access to more advanced and organized investment tools.

The ‘Box’ competition marks just the beginning of this new phase. Young Platform is committed to continuous innovation and aims to provide an increasingly competitive, cutting-edge solution. In this true financial hub, users can develop their wealth growth strategies by combining traditional and innovative approaches.

*Cashback depends on club membership and level: the higher the level, the higher the percentage. Platinum Club members get up to 3.6%.

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What are Sub-Accounts and what are they for?

Does your company have a cryptocurrency portfolio or engage in trading? Subaccounts are the best way to manage different strategies or delegate activities.

Discover how to effectively manage your corporate cryptocurrency portfolio using Young Platform’s sub-accounts.

What are Sub-Accounts?

In a trading platform, a ‘Sub Account’ (SA) is a subordinate account to a primary account, known as a ‘Master Account‘ (MA). The MA can create multiple secondary and segregated accounts, each designated for a different purpose.

Subaccounts are typically used for various reasons, primarily to manage funds or assets separately. Here are some common scenarios where the Sub Account functionality can be beneficial:

  1. Management: Sub-accounts enable traders to allocate funds for different trading strategies or markets. For instance, a trader might have one SA dedicated to day trading and another for long-term investments.
  2. Monitoring: With sub-accounts, transactions executed in different strategies or portfolios can be monitored separately. This feature simplifies record-keeping and performance evaluation.
  3. Risk Management: Sub-accounts allow traders to set appropriate risk limits for various trading activities, helping to prevent excessive losses in a specific account.

In summary, Subaccounts provide greater flexibility and control in fund management. Now, let’s explore the advantages of using the Young Platform service.

Young Platform Pro Sub-Accounts

The functionality is available on demand and exclusively from the Pro version of Young Platform, making it very simple and intuitive. First, let’s see what it entails.

The Master Account has full powers to:

  • Depositing and withdrawing funds to and from any AS
  • Transfer funds between accounts (free of charge, no commission)
  • Viewing and managing HS orders
  • Checking HS balances
  • Displaying transactions executed by ASs
  • Enabling or disabling specific cryptocurrency pairs for individual ASs
  • Remove SA
  • Resetting HS passwords
  • Viewing the access history of ASs

In addition, Sub-Accounts can be classified as either ‘Managed’ or ‘External’. The ‘Managed’ mode is intended for the company’s legal representative who wants to utilise both a Managed Account (MA) and an Automated Strategy (AS). On the other hand, the ‘External’ mode is more suitable for teams. In the ‘External’ mode, the legal representative oversees the MA, while the AS can be assigned to team members or collaborators.

One significant advantage of Young Platform is the ability to combine this functionality with other services, such as the Only Euro Bot. This integration simplifies receiving cryptocurrencies in your account without hindering your ability to make recurring trades or purchases.

The Only Euro Bot facilitates handling crypto payments by automatically converting them into euros. However, this process can interfere with trading activities. Sub-Accounts quickly resolve the issue: you can activate the Bot on one account while using the other account to focus on your market strategy.

Want to know more? Write to [email protected], our operators will contact you within 48 hours.

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Zealy: the ‘secret’ key for The Box competition

The Box: earn extra gems with Zealy

Are you seeking an edge in Young Platform’s competition, The Box? Take advantage of the social interaction campaign on Zealy to maximise your Gems!

Young Platform has launched The Box to celebrate a significant milestone in our journey: integrating a current account into a single app, merging the worlds of traditional finance (TradFi) and decentralised finance (DeFi).

You may already know that you can win amazing prizes such as MacBooks, iPhones, and the exclusive glow-in-the-dark Young Card through The Box. But did you also know you can earn some of the Gems needed to climb the leaderboard by participating in Zealy?

What is Zealy?

Zealy is a leading community engagement platform utilised by top Web3 projects to connect with users and reward them for contributing to growth, primarily on social networks. By linking your Discord and X (formerly Twitter) accounts to Zealy, you can earn points by completing simple missions, such as:

  • Following Young Platform on X or Instagram.
  • Liking and commenting on posts.
  • Reading educational articles and taking quizzes.
  • Inviting friends to the Discord server.
  • Creating content that promotes the Young Platform ecosystem.
  • Participating in thematic challenges.

The process is simple: complete a task, earn points, and convert them into Gems on the Young Platform app (Crew Quests Category). This will allow you to ascend the leaderboard of The Box!

Why is Zealy fundamental to The Box?

Firstly, while some missions in the app require financial actions, such as buying cryptocurrency, Zealy allows you to earn Gems in a free, affordable, and accessible way.

Additionally, suppose you are familiar with the rules of The Box. In that case, you know that you unlock additional Tickets each time you accumulate a certain number of Gems (including those earned through Zealy). The more Tickets you have, the higher your chances of winning in the final draw, where your ranking does not affect your outcome!

Join the Campaign

Signing up for Zealy is easy!

Joining Zealy is very simple; here are the six steps to take.

  1. Visit this link to register with your email, using the same one as your Discord account if you have one.
The Box: earn extra gems with Zealy
  1. Please confirm your account using the code sent to your email, and then select a username.
The Box: earn extra gems with Zealy
The Box: earn extra gems with Zealy
  1. Please navigate to ‘Account Settings’ in the top right corner, and connect your Discord and X accounts.
The Box: earn extra gems with Zealy
The Box: earn extra gems with Zealy
  1. Complete Tasks: You earn points for each like, piece of content created, or quiz completed. Points for automatic tasks are credited to you immediately, while tasks requiring approval from an admin will take longer. Please check back frequently, as new challenges are added regularly!
The Box: earn extra gems with Zealy
  1. Convert Zealy Points into Gems in the Crew Quests section of Young Platform, and rise the leaderboard!

Don’t you have Discord or X yet?

Discord is the heart of the Young Platform community. Our server’s most active users discuss cryptocurrency, finance, and macroeconomics, share strategies, and assist each other.

Join Discord

X (formerly Twitter) is the go-to social platform for Web3. If you consider yourself a crypto investor, you must have an account.

Join X

What are you waiting for? Time is of the essence—Gems await!

The Box lets you have fun, learn, and win amazing prizes. With Zealy, even a simple like or an invitation to a friend can help you achieve victory.

Take action now:

  • Join the Zealy Campaign,
  • Accumulate Gems, unlock Tickets, and win prizes!

P.S. Don’t forget to complete the new Young Platform account verification to receive your rewards. Without it, even the most precious Gems will remain in the chest!

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The Box: how do Quests work?

The Box: How Quests Work

Discover how to complete Missions, collect Gems, and climb the leaderboard to win exclusive prizes!

Managing your finances and building a balanced crypto portfolio doesn’t have to be tedious or complicated. In fact, we believe that learning how to manage your money can be both engaging and enjoyable. At Young Platform, we focus on games, quests, and challenges to innovatively introduce people to the world of crypto and personal finance. Of course, exciting prizes are part of the experience!

This philosophy led to the creation of The Box, a competition that signifies Young Platform’s transition from a simple crypto exchange to the first crypto-native payment account. Central to this evolution is the Quests, designed to reward users through an engaging gaming experience. These quests align perfectly with our mission: learn by playing.

What exactly are Quests, and why do they hold such significance? Let’s explore this together!

Quests: The Heart of The Box

Quests are challenges that each user can complete to accumulate Gems, and they are not all the same:

  • Some are completed only once, such as the first deposit or activating a feature in the app.
  • Others are repeatable, allowing you to continuously earn new Gems, e.g. by performing recurring operations.

How Gem Redemption Works

After completing a Quest, you must redeem it manually to obtain the corresponding Gems. If you forget to redeem a repeatable Quest, it will only be counted once, even if you complete it several times. 

Note: This rule does not apply to ‘Invite a Friend’ Quests, where each invitation is considered a separate Quest.

What are gems for

The Gems you obtain serve two purposes:

  1. Climbing the Gem Leaderboard, which rewards the most active users with guaranteed prizes.
  2. Unlock Tickets, which allow you to participate in the random prize draw.

Important: there is a limit to the number of Tickets you can obtain through Quests, but Gems do not have a limit and can be accumulated to improve your Leaderboard.

Join The Box now

The Quests categories 

The Quests in The Box are divided into four broad categories: Bazaar, Loyalty, Toolbox and Crew.

  • Bazaar: This section features Quests, which is aimed at helping you develop a substantial and diversified cryptocurrency portfolio. Here, you can complete challenges to reduce risk, create a long-term savings plan, understand the role of the Young token within the ecosystem, and explore various methods for depositing on the Young Platform. Additionally, you can experiment with different types of buy and sell orders directly on the platform.
  • Loyalty: In this category, you will find quests related to Young Platform’s loyalty programs. If you choose to become a HODLER of the Young token, you will gain access to exclusive clubs that offer various benefits. These include discounts on trading quests, additional strategies that can be activated on Smart Trade, increased staking options, discounted tax reports, free market reports, and VIP support. Furthermore, you will also receive benefits from external services such as WeRoad, HelloFresh, NordVPN, Builtdifferent, Tickets, and many more.
  • Toolbox: Here are some tasks related to account security and customising your Young Platform experience. For example, you can add widgets to your homepage to monitor your portfolio in real-time. This category also includes all quests dedicated to staking, which allows you to earn annual rewards on funds locked on the blockchain.
  • Crew: This category focuses more on the community aspect. Along with inviting friends and family to use Young Platform, you can continue playing on Zealy. The Box expands through games on Zealy, an entertainment platform where you can earn XP points for extra gems. You can earn XP points by interacting with our social content and sharing Young Platform updates!

Gem Leaderboard: How does it work?

The Gem Leaderboard is the system that identifies the top 5 winners of the main prizes in The Box, along with the 200 deserving Young Card winners. Each user has a dedicated section within the Young Platform app where they can check the following:

  • Number of Gems accumulated: This increases with each Quest redeemed and is used to climb the Leaderboards and unlock Tickets.
  • Number of unlocked Tickets: This indicates how many tickets you have obtained, which can be used to enter the random prize draw.
  • Leaderboard position: This is updated in real-time based on the accumulated Gems. The final Leaderboard will be made official after the new identity verification process.
  • Available Quests: This includes the number of Gems that can be earned and the history of challenges already completed.

Only users who complete the new Identity Verification Process (KYC), necessary for enabling the payment account, will be eligible to receive rewards from the Leaderboard and lottery rewards..

What prizes can you win with the Gem Leaderboard?

Prizes for the top 5 finishers:

  1. MacBook Pro 
  2. iPhone 16 Pro 
  3. iPhone 16 
  4. AirPods Max 
  5. Amazon Voucher (€250.00)

Prize for the first 200 finishers:

  • Young Card is associated with the Young Platform payment account.

Quests, Gems and Tickets: A Dual Reward System

The Box offers two ways to win:

  1. Gem Leaderboard → Rewards the 200 most active users.
  2. Ticket drawing → Randomly rewarding those who have accumulated tickets, regardless of the Leaderboard.

If you don’t make it to the top of the leaderboard, you still have the chance to win thanks to the Tickets you get by completing Quests.

You just have to get started: log in to the app, complete the Quests, collect Gems and climb the leaderboard to win prizes from The Box!

Join The Box now
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The Box: how do tickets work?

The Box: How Tickets Work

Exciting news: there will be a final lottery for everyone! Let’s look at what tickets are and how they function.

The Box marks a significant development within the Young Platform ecosystem and introduces an exciting new feature: the final lottery. This lottery offers a splash of luck and randomness, making it ideal for those new to cryptocurrencies or those who have yet to climb the ranks.

Tickets represent the final opportunity in a critical game: the more tickets you hold, the greater your chances of a favourable outcome. But how exactly do they work? Let’s explore together.

What are Tickets, and why are they important for The Box?

Tickets are your entry pass to participate in the final draw of The Box. The more tickets you have, the greater your chances of being selected and winning a prize.

Each ticket has a unique code; if your code is drawn, you will win the corresponding prize! 

The Box was designed with a dual reward system that balances effort and luck:

1. The Leaderboard and Gems rewards the most active users who complete quests and accumulate Gems. The top 200 users on the leaderboard win guaranteed prizes.

2. The Draw and the Tickets: This mechanism uses randomness to give everyone a chance to win, regardless of their ranking.

Thanks to this system, even those with limited resources can have the opportunity to take home a prize!

How are tickets obtained?

You can accumulate a maximum of 26 tickets through two methods:

  • Accumulating Gems: Every time you reach a certain threshold, you automatically unlock a Ticket.
  • By completing special Quests, some dedicated quests allow you to obtain Tickets directly without accumulating Gems first.

The Ticket Prizes

Participating in the final draw means a chance to win fantastic prizes. Here’s what you can win by simply accumulating tickets and letting luck take its course:

  • 3 MacBook Air
  • 5 iPhone 16
  • 5 AirPods Max
  • 5 PlayStation 5 Pro
  • 40 flight vouchers from €150
  • 120 Amazon vouchers for € 50
  • 300 Young Cards

Join The Box now

How does the extraction work?

After the competition concludes, all tickets will be entered into a random prize draw. Each ticket has a unique code submitted to an automated draw system in the presence of a notary. If the code associated with one of your tickets is drawn, you will win the corresponding prize!

The draw begins with the most valuable prizes and continues until all prizes are awarded. Naturally, by purchasing more tickets—each of which has an equal chance of being drawn—you increase your chances of winning additional prizes. Therefore, the more tickets you hold, the better your odds of winning and the more prizes you can receive.

To receive any prizes won in the draw, you must complete the new identity verification process (KYC) on the Young Platform app. Only verified users will be eligible to receive the awarded prizes.

Where do you see your Tickets?

In the Box section of the Young Platform app, you will find: 

  • the number of Gems accumulated
  • the number of unlocked tickets 
  • your ranking
  • quests available and completed. 

Log in to the app to visit the Competition section!

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The Box: Win the glow-in-the-dark Young Card and exclusive prizes!

Join The Box competition and win great prizes

Join The Box: complete quests, collect gems and earn tickets for the final lottery. Discover your financial future with the Young Card and enjoy many unmissable prizes.

Managing your money doesn’t have to be tedious or complicated. Young Platform aims to make finance accessible and engaging, turning every experience into an enjoyable game. What better way to learn than through a competition with prizes?

Introducing The Box, a competition celebrating Young Platform’s transformation from a crypto exchange to the first crypto-native payment account. This significant change brings new features, exciting opportunities, and, most importantly, new prizes!

At the core of The Box are the Quests, a series of Quests that enable you to accumulate Gems to climb the leaderboard, along with Tickets for a chance to win in the final prize draw. The highlight of the competition is the Young Card, a glow-in-the-dark debit card that stands out and offers a 3.6%* cashback on every purchase.

Test your skills, challenge your luck, and try to win great prizes, such as a MacBook Pro, iPhone 16 Pro, PlayStation 5 Pro, and more!

Visit the official website of The Box.

What is The Box?

The Box is a prize competition by Young Platform, running from March 18 to May 31, 2025. There are two ways to win:

  1. Gem Leaderboard: Complete quests to accumulate Gems and rise in the Leaderboards for a chance to win exclusive prizes. 
  2. Ticket Extraction: Collect Tickets, which serve as entries for the final lottery. This allows you to win prizes even if you’re not among the top finishers.

How do you win?

Leaderboard in Gems

The more Gems you earn by completing Quests, the higher you rank. Participants with the most Gems receive the most prestigious prizes.

Prizes for the top 5 finishers:

  • 1st place: MacBook Pro
  • 2nd place: iPhone 16 Pro
  • 3rd place: iPhone 16
  • 4th place: AirPods Max
  • 5th place: Amazon voucher worth € 250.00

Prize for the first 200 finishers:

  • Carta Young is the phosphorescent debit card from Young Platform.

Ticket Extraction

After the Leaderboard prizes are awarded, a random draw is held among all participants who have earned at least one ticket. Even those not at the top of the Leaderboard list can win!

Prizes to be won in the Ticket draw:

  • 3 MacBook Air
  • 5 iPhone 16
  • 5 AirPods Max
  • 5 PlayStation 5 Pro
  • 40 flight vouchers from €150
  • 120 Amazon vouchers for €50
  • 300 Young Cards

The more tickets you have, the more chances you have to win!

How to participate in The Box?

Complete Quests and Accumulate Gems

Quests are the heart of The Box: complete them to earn Gems and climb the leaderboard. Quests can be:

  • One can only be completed once.
  • Repeatable, which you can complete several times to earn new Gems.

Important: once you have completed a Quest, you must redeem it manually to obtain the Gems.

Find out more about how Quests work.

Find out more: Get extra gems with Zealy 

Getting a Ticket for the Final Draw

Tickets allow you to participate in the final prize lottery. Each Ticket has a unique code; if your code is drawn, you win the corresponding prize!

You can obtain tickets in two ways:

  • Accumulate Gems → By reaching certain thresholds, you automatically unlock Tickets.
  • Complete Special Quests → Some Quests reward you directly with Tickets.

Each user can collect up to 26 tickets in total.

Find out more: How Tickets Work.

Activate your account to receive a prize. 

To receive the awards you have won, you must complete the new identity verification (KYC) required to enable your Young Platform account in a Young Platform account.
If you do not complete the verification, prizes cannot be awarded!

Who can participate?

The Box competition is open to all users over 18 years of age who reside in Italy, San Marino, or Vatican City and have a verified account on the latest version of the Young Platform app. Your account must not have suffered any temporary or permanent suspensions.

Why participate in The Box?

  • Have fun with Quests and competitions.
  • Try your luck with the final draw
  • Win exclusive prizes, including the glow-in-the-dark Young Card

Download the Young Platform app, register for the competition and enter!

*Cashback varies depending on whether you belong to a Club and your Club level. The higher your Club level, the higher the percentage of cashback you receive with your card, up to 3.6% for Platinum Club members.

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Young Platform Pro: what’s new in the update and the benefits for users

young platform pro v4

Young Platform Pro is undergoing a significant update that brings new features and improvements for a smoother and more efficient trading experience. Key updates include a redesigned interface, advanced order management, and a new API version that enhances speed and operational efficiency.

Let’s look at what’s changing and how users can benefit.

A More Intuitive and Functional Interface

New Homepage and Pairs Page

This update features a redesigned homepage and an enhanced Pairs page, offering more comprehensive market insights for faster and easier access to essential trading information.

Improved Desktop Adaptability

The desktop interface has been optimised for a smoother experience, providing better screen size and resolution adaptability.

Enhanced Order Book Data and Order Clarity

Several improvements have been made to refine how market data is displayed:

  • Enhanced order book data visualisation
  • More precise positioning of limit orders
  • Improved pair selector with more details and new categories for different coins

These updates make it easier to access market data, enhancing user decision-making.

Upgraded TradingView Chart

The TradingView chart now allows users to:

  • Hide open limit orders
  • View historical trade positions

This enables traders to customise their views and focus on the most relevant information.

More Detailed Order Management

Users can now see individual trade executions within orders, providing a more precise and detailed overview of their transactions.

Faster Shortcuts Between Wallet, Orders, and Trading Area

Navigation between wallets, orders, and the trading area has been streamlined with improved shortcuts, reducing the time needed to switch between sections.

Easier “Dust” Management

Users can now efficiently manage dust (small crypto balances) by converting it into Young (YNG) tokens, simplifying wallet maintenance.

API Update: Improved Performance and Speed

For advanced traders and developers, the new version of the Young Platform Pro API brings essential improvements.

New Features in API v4

  • Updated transaction models
    The new API efficiently handles all transaction types, offering greater flexibility and accuracy. 
  • 30% Reduced Latency for Trading Operations
    Placing and cancelling orders now come with at least 30% lower latency, ensuring faster and more efficient trading.
  • WebSockets Support
    WebSockets enable real-time updates for market data and orders, providing a more dynamic and responsive experience.

Impact on Services

  • Markets → Faster market data updates
  • Trading → Quicker order execution
  • Transactions → Improved transaction management models

Transition Timeline

From May 31, 2025:→ API Key creation for version 3 (v3) will no longer be available
From June 6, 2025:→ API v3 will be discontinued – migrating to v4 is required to avoid service interruptions

Get Ready for the Change

The Young Platform Pro update significantly improves the platform, making it faster, more intuitive, and highly functional.

For API users, transitioning to v4 is essential to ensure seamless operations and take advantage of the latest optimisations.

Useful Resources

REST API Documentation → Postman Docs

Examples & WebSockets → GitHub Repository
With these updates, Young Platform Pro solidifies its position as an innovative platform that provides advanced tools to improve trading efficiency and performance.

Discover Young Platform PRO
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Mario Draghi: seven factors endangering the future of the European Union

Mario Draghi returned to his report on European competitiveness. Today, five months after its publication, it is incredibly late. Here are seven reasons.

Mario Draghi returned to his report on European competitiveness. On Tuesday, 18 February, speaking at the European Parliament, he reiterated the urgent reforms proposed in the document published five months ago. Indeed, with the new geopolitical and economic context, the critical issues highlighted are even more pressing.

For Draghi, the future of the European Union depends on its ability to act as a single economic entity, reduce internal fragmentation, and face global challenges with greater cohesion. However, the path will be complex and involve all key economic aspects: research, industry, trade and finance.

Here are the seven main factors that are endangering Europe’s future from an economic point of view.

1. Europe is practically absent in the fight for artificial intelligence

The first point Draghi raised concerns Artificial Intelligence (AI). The former ECB president pointed out that progress in this area has been impressive: AI algorithms have reached accuracy levels close to 90 per cent in scientific benchmarks, and the costs of training models have been drastically reduced.

Despite this, Europe is almost absent from global competition. Eight of the ten leading companies in the sector are from the US, and the other two are from China. Without targeted investments and a clear industrial strategy, Europe risks falling behind in one of the most strategic sectors for the economy’s future.

2. Energy prices are unsustainable

Energy prices in Europe remain two to three times higher than in the US, creating a substantial competitive disadvantage for European companies.

During the energy crisis in 2022, the price of electricity in Germany increased more than tenfold compared to normal levels. Although the situation has improved, the European industry’s dependency on external suppliers and the slow energy transition remainsignificantr problems.

3. Trade war against the US is imminent

Draghi identified US trade policy as a real threat to the European economy. Should Donald Trump return to the White House, new tariffs on European products are almost inevitable, putting the continent’s exports at risk.

Moreover, trade restrictions against China are already causing Chinese products to invade European markets, directly affecting local industries.

4. Europe is its own greatest enemy

Mario Draghi then spoke of stagnation, the European economy growing much more slowly than in other regions. One main reason is the absence of a truly integrated single market. According to the International Monetary Fund, internal barriers within the European Union amount to 45% tariffs for the manufacturing sector and 110% for services.

Start-ups and innovative companies often prefer to move to the US rather than grow in Europe due to the red tape and lack of access to capital. Draghi emphasised that the EU must simplify its regulations and promote a plan to harmonise national laws to enable companies to compete globally.

A significant example is GDPR, the European Data Protection Regulation, which, according to some estimates, has increased data management costs for European companies by 20%.

5. Capital markets suffer

Europeans, and mainly Italians, are among the world’s biggest savers. However, these savings are not invested in innovation but mainly in bank accounts, allowing credit institutions to generate profits without contributing to the technology sector’s growth.

Every year, around USD 300 billion remains in the coffers of lending institutions while start-ups struggle to raise capital to expand. Draghi believes that creating a more efficient capital market favouring innovative companies’ financing is necessary.

7. The legislative process is too slow

Draghi pointed out the European Union’s average time to adopt new regulations is 20 months. Such a delay is incompatible with the pace of technological innovation and economic change.

“If it takes us 20 months to legislate, we are already out of date before implementation,” said the former ECB president. This problem is particularly evident in the digital sectors, where the US and China can adapt their regulations quickly to foster the growth of emerging industries.

8. The decisive turning point

Finally, Draghi pointed out that the European Union continues to act as a coalition of states rather than as a single economic and political entity. An obvious example is the defence sector, where systems are not interoperable, and no common standards exist.

The lack of coordination between member states limits Europe’s ability to protect its interests and support the growth of local companies. “If we want to defend our borders, make our companies prosper and secure a future for European citizens, we have to start acting as one nation,” Draghi said.

Mario Draghi’s competitiveness report highlighted more current challenges than ever. If Europe wants to maintain a leading role in the global economy, it must tackle these problems head-on.

The alternative is clear: continue to lose ground to the US and China, with negative consequences for businesses, workers and the continent’s future.

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Cryptocurrencies in business services. Opportunities and challenges for companies.

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Discover how Young Platform can enhance your business through cryptocurrencies. Explore our range of business services.

Businesses are rapidly adopting Bitcoin and other cryptocurrencies. Merchants, large corporations, and institutions are embracing these digital assets for various reasons, including investment opportunities, operational optimization, and direct customer engagement.

Businesses range from small merchants accepting cryptocurrency payments to large corporations integrating Bitcoin into their treasury operations to hedge against inflation and economic instability, taking advantage of this scarce, anti-inflationary asset. Furthermore, thanks to specialized service providers, cryptocurrency can now be used to purchase various goods and services, including cars, houses, airline tickets, groceries, and much more.

Innovation is thriving in various sectors, especially in sports. Organizations like the NBA and football teams such as Juventus are utilizing tokens to engage with their fans, providing opportunities for them to vote and interact with the club. Meanwhile, asset tokenization is transforming industries like real estate and art, creating new investment avenues.

Cryptocurrencies represent a new frontier in digitizing value, offering exceptional opportunities across multiple fields. Companies like Young Platform, a Turin-based cryptocurrency exchange, have created customized B2B services designed to help businesses, institutions, and non-profit organizations maximize the advantages of the crypto market. These services include strategic investments, payment optimization, and effective fundraising tools.

This article will explore how your company can integrate cryptocurrencies into its business strategy, taking advantage of opportunities while addressing any challenges with a clear and prepared vision. To successfully navigate this new era, companies should consider three fundamental questions:

1. What benefits can cryptocurrencies bring to my company?

2. Why do we want to adopt cryptocurrencies?

3. What factors must we consider to ensure a safe and effective implementation?

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What can cryptocurrencies do for my company?

Adopting cryptocurrencies can provide significant advantages and create new opportunities for your company. Firstly, cryptocurrency users tend to belong to a cutting-edge demographic: they are tech-savvy, innovation-focused individuals who typically have above-average disposable income. This target audience, which favors premium and luxury services, presents an appealing niche for companies seeking to position themselves as innovative and forward-thinking.

Moreover, embracing cryptocurrencies is a strategic move to attract this audience and aligns your company with a European context where central bank digital currencies (CBDCs) are developing. Currently in the testing phase, these instruments could become integral to the digital economy in the coming years. Thus, adopting cryptocurrencies is a proactive step towards an already unfolding future.

Cryptocurrencies offer innovative features and serve as a promising investment option, providing a digital liquidity alternative. They present opportunities to enhance traditional treasury functions, particularly international money transfers, which often incur high costs and lengthy processing times. Utilizing cryptocurrencies can significantly reduce these inefficiencies, allowing for better management of corporate capital and helping to mitigate the risks posed by inflation, which can erode cash value over time.

The long-term investment potential of cryptocurrencies is evident, especially considering Bitcoin’s exponential growth. Bitcoin has achieved remarkable peaks in recent years, solidifying its status as a valuable asset.

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Three key aspects of integrating cryptocurrencies into business

If your company plans to incorporate cryptocurrencies into its business strategy, you must consider three key elements:

Long-term perspective

Cryptocurrencies are characterized by their volatility, which can pose significant risks in the short term. Therefore, it is advisable to view them as long-term investments, enabling more thoughtful decisions and reducing exposure to sudden fluctuations.

Regulation and compliance

Adopting cryptocurrencies necessitates careful consideration of European and tax regulations. For instance, the Markets in Crypto-Assets (MiCA) regulations oversee the cryptocurrency market, while Italy’s 2023 Budget Law addresses the taxation of capital gains from such investments. Understanding and complying with these regulations is crucial to avoid potential legal or tax problems.

What is MiCA, and what does the European regulation mean for crypto?

Transaction optimization

Cryptocurrencies provide exceptional efficiency for business-to-business transactions. Their decentralized nature allows for a significant reduction in transaction costs—up to 5,000 times lower—and greatly enhances execution speed—up to 430,000 times faster. This makes them an ideal option for conducting business transactions globally.

Enabling cryptocurrency payments: the ‘Hands-Off’ approach

Why do we want to adopt cryptocurrencies? 

Many companies adopt cryptocurrencies primarily to facilitate payments without directly managing digital assets. This ‘hands-off’ approach involves automatically converting received cryptocurrencies into fiat currency through a specialized B2B service provider, allowing companies to keep cryptocurrencies off their corporate balance sheets.

By adopting this model, which utilizes cryptocurrencies such as stablecoins (pegged 1:1 to the value of the euro and dollar) or layer two solutions, businesses can quickly enter the world of digital assets. This strategy enables companies to accept cryptocurrency payments, reach new customer segments, and increase transaction volume without significantly changing their operational structures or directly handling the technical complexities associated with cryptocurrencies.

Because cryptocurrencies are converted into fiat currency immediately, they do not appear on the company’s financial statements. This method simplifies tax matters and reduces exposure to the cryptocurrency market’s volatility. 

Third-party providers, such as Young Platform, handle conversions, payments, and technical and compliance issues. These include adhering to anti-money laundering (AML) regulations and customer verification (KYC) procedures when opening a Business Wallet for your company. While the company can delegate these tasks, it must still comply with current regulations.

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Integrating cryptocurrencies into the Treasury 

When a company goes beyond merely enabling cryptocurrency payments, it can implement more advanced strategies to incorporate digital assets into its operations and treasury management. These strategies may include accepting cryptocurrency payments without automatically converting them to fiat currency or allocating a portion of the corporate treasury to cryptocurrencies like Bitcoin.

Bitcoin, the first cryptocurrency, has been one of the best-performing assets of the past decade. It has also shown remarkable resilience during economic crises, such as the COVID-19 pandemic. Using cryptocurrencies as a reserve in the treasury has become a popular strategy to combat the effects of long-term inflation. 

For example, in the past 10 years, Apple has lost $15 billion due to inflation—an issue that assets like Bitcoin could help alleviate.

Treasury Management

Cryptocurrencies held for treasury purposes are managed through digital wallets (business wallets), which require a robust structure to ensure security and accessibility. 

1. Hot Wallet: This type of wallet is used for everyday transactions, providing quick access to cryptocurrencies.

2. Cold Wallet: This wallet is utilized for long-term holdings and protects assets by keeping them offline, offering greater security.

Young Platform employs Fireblocks, one of the most advanced and trusted custody platforms globally, for its custody services. By adopting a multi-layered structure that combines hot wallets for daily transactions with cold wallets for long-term custody, Young Platform ensures optimal protection against potential threats. Additionally, it follows a one-to-one custody model, guaranteeing that customers’ cryptocurrencies are never lent out or used for other purposes.

Tax and compliance aspects

Adopting cryptocurrencies comes with fiscal responsibilities that need to be managed effectively. To assist with these complex issues, third-party providers like Young Platform offer tailored support to business customers looking to integrate cryptocurrencies into their operations. Each business is assigned a personal account manager who helps develop and implement a customized strategy from the options available in our B2B Hub. This includes managing cryptocurrency payments, either by holding them as digital assets or converting them automatically into fiat currency.

Additionally, the account manager helps create a long-term treasury strategy, which is valuable for optimizing the management of digital assets and achieving specific financial goals. 

Young Platform also features an integrated tax hub that provides all the necessary documentation for tax reporting and offers personalized advice from experienced accountants in the cryptocurrency sector. This service ensures compliance with current regulations and minimizes companies’ risks and operational challenges.

For more on this topic:

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From Peer-to-Peer Value to Decentralised Finance

Cryptocurrencies represent a significant revolution by enabling peer-to-peer value transfers without intermediaries. This unique feature naturally led to their initial application in finance, resulting in a complex and dynamic market known as Decentralized Finance (DeFi).

Within the DeFi space, users can access services that were once exclusive to the traditional financial system, such as earning interest, taking out loans, and managing wealth. These transactions occur through decentralized protocols, using blockchain technology to ensure transparency, security, and automation—all without the involvement of central institutions.

Third-party providers have intuitive infrastructures and user-friendly interfaces for companies looking to explore DeFi securely and straightforwardly. These tools enable even those without technical expertise to access DeFi services without navigating the complexities of the underlying protocols.

One example of this is staking services, which provide companies with an easy way to convert passive resources into productive assets and create new streams of passive income.

What is Staking?

Staking, in its simplest form, involves locking cryptocurrencies in a protocol to help support the network. This process contributes to the security and validation of transactions while allowing the cryptocurrencies to remain the user’s or company’s property. During the staking period, these assets are temporarily unavailable for other transactions.

Participants are incentivized to stake their cryptocurrencies through periodic rewards, similar to earning interest. The Annual Percentage Yield (APY) can vary widely depending on the protocol, ranging from 3% to over 20%. 

Another advantage of staking on Young Platform is flexibility. If liquidity is needed, the release time for staked assets is relatively short, typically between 3 to 20 days.

Ethereum is a particularly popular example of staking, the second largest and most established cryptocurrency after Bitcoin. Ethereum also serves as the foundation for Decentralized Finance (DeFi), which is why many companies focus their staking projects on this asset.

For more on this topic:

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Planning cryptocurrency implementation: a strategic approach

What aspects must we consider to do this safely and effectively?

Integrating cryptocurrencies into business operations requires a clear and structured implementation plan, like any technological innovation. This process not only initiates organizational and operational changes but also necessitates a shift in mindset within the company.

To create an effective strategy, the implementation plan must address several key questions:

  • What short- and long-term goals do you want to achieve?
  • Will the company limit itself to using cryptocurrencies for payments, or will it adopt a broader strategy?
  • What internal and external collaborations are essential for success?
  • Do current decisions allow for broader adoption of cryptocurrencies in the future?
  • How will you integrate the security needs of the crypto ecosystem with existing corporate cybersecurity policies?
  • What additional resources will be required beyond those currently available?
  • What new skills or tools need to be introduced?
  • How will the implementation roadmap be structured?
  • What processes will be used to monitor progress, transaction execution, and supplier performance?

Before committing to full implementation, many companies choose to conduct a ‘pilot project,’ similar to how they would approach a new technology.

A practical example of cryptocurrency adoption is an internal pilot project managed by the Treasury Department, which oversees the company’s and its subsidiaries internal financing. The process may include:

1. The initial purchase of cryptocurrencies.

2. The use of these resources for peripheral payments.

3. Monitoring transactions, from payment to receipt and revaluation of assets.

This pilot project helps identify opportunities and challenges as a contrasting medium, highlighting the potential benefits and operational difficulties of adopting cryptocurrencies.

The Importance of Training

Team training is essential for the success of any project, regardless of its scale. While many market solutions are designed to be user-friendly, having a basic understanding of the industry enhances the management of digital resources and helps identify new business models.

Young Platform provides B2B training services that assist companies in implementing customized strategies to leverage blockchain technology’s potential. 

Our offerings include:

  • Tailored Courses: E-learning modules that provide a comprehensive sector overview, including current regulations.
  • Vertical Workshops: Specialized training sessions to develop specific skills for dedicated teams, such as legal, tax, or technology.
  • B2B2C Pathways: Targeted training solutions for customers to optimize their use of business services and promote greater adoption.

For more on this topic:

  • Why include blockchain in corporate training

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A well-planned implementation of cryptocurrencies can significantly transform business operations, but it requires a thoughtful strategy and a step-by-step approach. By experimenting with a pilot project, investing in team training, and collaborating with experienced providers, you can effectively navigate the challenges and capitalize on the opportunities presented by this innovation. Please contact your account manager to learn which business services best meet your needs.

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