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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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Solana (SOL) lands on Young Platform!

Solana (SOL) arrive sur Young Platform !

On Young Platform’s exchange you can now find SOL, the Solana token. The most popular blockchain on the market for scalable and green smart contracts.

This is Young Platform’s first listing of the year! Today SOL, the Solana token, joins the squad. A blockchain that is being talked about for its qualities: speed, convenience and environmental friendliness.

What is Solana?

Solana is the most ambitious blockchain there is! Its goal is to offer fast and low-cost transactions forever. Solana is committed to never costing more than $0.01, and at the moment it costs an average of $1.50 to create a whole NFT! Sure, transactions are cheap, but how fast are they? Solana can reach around 50,000 transactions per second! With the game Break Solana you can test its speed yourself by challenging Solana. In 15 seconds, can you simulate sending the same number of transactions that the blockchain processes?

Solana is the blockchain of choice for developers, not only for its convenience, but also for its practicality. With its flexible infrastructure, anyone can create custom apps using different programming languages.

Let’s not forget that Solana is one of the greenest blockchains around. Thanks to its Proof-of-Stake consensus mechanism, it is energy sustainable and in 2021 it reached carbon neutrality. 

What is SOL?

All services in the Solana ecosystem work thanks to the SOL token. It is used both to pay network fees and in staking and validation processes. 

Why did we choose SOL?

Because of its features, Solana is the right solution even for those who are new to blockchain. Being cheap, it allows you to experiment without spending too much. Solana is a network where the motto “learn by doing” applies! This is why it attracts innovative and creative ideas: Solana was chosen by promising apps such as Audius, the first streaming platform for music on the blockchain. 

Which pairs are available for SOL?

  • SOL/EUR
  • SOL/USDT

Want to know more?

Read Academy’s article on Solana out tonight!

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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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To the Metaverse and beyond with Young Platform

Vers le Metaverse et au-delà

In Young Platform November is the month dedicated to Meta and the Metaverse: every wednesday a new cryptocurrency

As everyone knows by now, on 28 October Mark Zuckerberg announced the rebranding of Facebook to Meta. The name refers to the company’s vision of creating a metaverse that brings together all its products to create a single virtual interaction space.

So these days there is nothing but talk of the Metaverse, but it is not a new concept. 

The Metaverse is a dematerialised parallel world using virtual or augmented reality technologies.

In this parallel reality, you can play, create, make friends and even work. Many companies are involved in creating technologies to facilitate access to this dimension or experiment with virtual worlds’ operation.

You may have heard of Second Life, a game released in the early 2000s, seen films such as Ready Player One, or perhaps even tried a pair of VR goggles. More recently, you may remember that social distancing brought out new ways of visiting a museum or a house on real estate sites last year. Well, this is the next frontier of the Internet.

What happened in the crypto market?

If you are even familiar with the crypto and NFT environment, you will have heard of metaverse on blockchain, such as The Sandbox. Blockchain projects are even more fascinating because they make the metaverse decentralised, so its management is in the hands of the players.

This is where it gets interesting. The social giant’s announcement, in fact, had a particular effect on the small blockchain world: the price of some cryptocurrencies linked to a metaverse on blockchain went up considerably.

Axie Infinity (AXS), the largest-capitalised NFT-cryptocurrency, reached a new All-Time-High on 6 November, with 25% growth since the announcement. 

The Sandbox (SAND), on the other hand, is the one that has done the most impressive numbers, with a 224% price increase from 28 October to 8 November.

It seems only right that we devote the rest of this November to the Metaverse, in all its facets, but especially on blockchain.

What’s going to happen?

  • There will be wednesday-listings of new cryptocurrencies on Young Platform
  • You will be able to read dedicated insights on the Academy
  • You will receive news on this topic from the Blog

Buy SAND!
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Polygon (MATIC) lands on Young Platform!

Polygon (MATIC) arrive sur Young Platform!

You can now buy, sell and store Polygon (MATIC) on Young Platform!

What is Polygon?

Polygon is a network and blockchain that is based on Ethereum, but has built an entire ecosystem to facilitate the development of scalable blockchain solutions.
This means that instead of creating an app directly on the Ethereum blockchain, which requires high costs and relatively long transaction confirmation times, developers can use the tools offered by Polygon to create apps with the same convenience, but by paying more stable fees and being able to rely on instant transactions.

How does MATIC work?

MATIC is Polygon’s ERC-20 token, which is used to pay for network costs, hence the fees and gas needed to generate smart contracts and DApps.
MATIC can also be staked in the Matic Wallet, in fact, it powers the Proof-of-Stake consensus mechanism on which Polygon’s main blockchain is based.

Why has Young Platform decided to list it?

MATIC is now ranked 19th in the crypto market. Its ecosystem has grown enormously over the last year, thanks to the migration of many DeFi protocols (and others) onto its network.

To date there are about 3000 DApps on Polygon, including DeFi applications, DAOs (decentralised autonomous organisations), gaming DApps, NFT apps and much more.

Polygon is one of the main scalability and interoperability solutions on the market, which differs from the others because of its compatibility with Ethereum, from which it derives the characteristic of a wide and flexible ecosystem that can easily support any type of project.

Available pairs?

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

  • MATIC/EUR

Want to know more?

Read our article about Polygon on the Young Academy!

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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!