Category: Young Platform

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!

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

What is Cardano?

Cardano is a third-generation blockchain whose technology is based on peer-reviewed academic research.

Its blockchain is governed by the Proof-of-Stake mechanism, a transaction validation method that requires low energy consumption and has a highly scalable structure. At the end of its roadmap, Cardano will support smart contracts and fully decentralised governance.

 

How does ADA work?

Cardano’s native cryptocurrency is ADA, which supports staking, i.e. it can be used to earn rewards regularly.

Cardano has created 2 wallets for ADA, one is Daedalus, which allows you to participate directly in the blockchain by downloading its history. The second is Yoroi, which is lighter and can also be used as an app.

 

Why has Young Platform decided to list it?

Cardano (ADA) is the 5th cryptocurrency on the market, but during the year it was also 3rd, quickly climbing the rankings by market capitalisation.

Since the end of 2020, its price has risen very quickly, also thanks to the new possibility of staking in an increasingly accessible way.

Cardano is also a very structured project, both in terms of management and the long-term sustainability of its technology.

 

Available pairs?

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

• ADA/EUR

Want to know more?

Read our article about Cardano on Young Academy!

 

 

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You can now buy, sell and store 1inch on Young Platform Pro!

What is 1inch?

1inch is a decentralised exchange aggregator, which is a kind of search engine that finds the lowest cryptocurrency prices to enable convenient trades for traders.

1inch also offers a yield farming feature, that allows to stake cryptocurrencies and receive regular rewards.

1inch is backed by a Foundation and its network is governed by a DAO, which is a fully decentralised and automated organisation.

 

How does 1INCH work?

1INCH is the governance token, which means that by staking your 1INCH tokens you can participate in votes regarding the functioning of the network. In addition, it can be used in Yield farming features to obtain regular rewards.

 

Why has Young Platform decided to list it?

1inch is one of those projects that the DeFi industry has been waiting for and needs. It is the first decentralised exchange aggregator on the market and offers state-of-the-art functionalities.

 

Available pairs?

On Young Platform Pro you can buy and sell 1inch with the following pair:

• 1INCH/USDT

 

Want to know more?

Read our article on 1inch on the Young Academy!

 

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You can now buy, sell and store Tezos (XTZ) on Young Platform!

What’s Tezos?

Tezos was conceived by Arthur and Kathleen Breitman in 2014 and launched in 2017. It belongs to the ICO generation, but this was not just any ICO. It raised $232 million, which was a record for that year.

Tezos is one of the first alternative projects to Ethereum to appear on the market. It offers a smart contract protocol and a native token standard. Another distinctive feature of Tezos is its consensus and validation mechanism, the Liquid Proof-of-Stake.

How does XTZ work?

The role of the XTZ token is to maintain and keep the Tezos network running. XTZ owners can open a node and vote on protocol updates, or delegate their vote.

 

Why has Young Platform decided to list it?

Tezos’ native protocol provides a solid and secure basis for the development of smart contracts, driving all the derived technologies and foundational functionalities of DeFi. The Tezos Foundation supports the project in all its aspects and in particular offers regular grants to its developers.

 

Available pairs?

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

• XTZ/EUR

Want to know more?

Read our article on Tezos on the Young Academy!

 

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You can now buy, sell and store Dogecoin (DOGE) on Young Platform!

 

What is Dogecoin?

The name of the coin is based on a well-known meme, namely the doge: a friendly shiba inu dog whose statements in comic sans are always sarcastic.

The creators are two software engineers: Billy Markus from IBM and Jackson Palmer from Adobe, who launched Dogecoin in 2013, as a satirical response to the hundreds of altcoins that were publishing whitepapers and calling themselves revolutionary.

7 years later it is among the top 10 cryptocurrencies on the market by capitalisation and has become the second most popular cryptocurrency in the world, thanks to its honorary godfather Elon Musk.

 

How does DOGE work?

Dogecoin is a simple means of exchange on the internet. As well as being used in social communities to trade without intermediaries between users and to support content creators, it is now accepted by more than 1,300 merchants.

The most famous of these are the Dallas Mavericks NBA team, the Kessler Collection hotel chain, AirBaltic and Post Oak Motor Cars, the first Rolls-Royce dealership.

 

Why has Young Platform decided to list it?

Dogecoin is now the 6th cryptocurrency on the market by marketcap and, despite its social media-driven volatility, is still on a positive trend, demonstrating that it can rely on a strong community.

 

Available pairs?

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

• DOGE/EUR
• DOGE/USDT

Want to know more?

Read our article about Dogecoin on the Young Academy!

 

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You can now buy, sell and store Polkadot (DOT) on Young Platform!

What is Polkadot?

Polkadot is not only a cryptocurrency, but first and foremost a next-generation blockchain. It was created as a “relay” blockchain that hosts “para-chains” in its network, i.e. other blockchains with specific use cases. It thus facilitates access to a wide range of blockchain-based services.

Not only does Polkadot succeed in connecting completely different projects on a technical level, but also facilitates intercommunication and, above all, does so in a scalable way.

How does the DOT coin work?

The role of the native Polkadot cryptocurrency (DOT) is key: you can stake DOT to receive rewards and participate in network governance. From $8.87 in January 2021, its value today is around $24, with an all-time-high at $48.68.

Why did Young decide to list it?

Polkadot is by far one of the most popular coins in the community this year and is currently ranked 9th for market capitalisation. And now Young Platform is the first Italian exchange to list this coin!

Available pairs?

Polkadot can be traded on both Young Platform and Young Platform Pro with the following pairs:

DOT/EUR
DOT/USDT

Want to know more?

Read our dedicated article on Young Academy!

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Uniswap (UNI) is now available for purchase, sale and custody on Young Platform!

What is UniSwap?

UniSwap is the first successful Decentralised Exchange (DEX). UniSwap was created to facilitate decentralised trading.

 

How does the token work?

UNI is the governance token of UniSwap, launched two years after the birth of the exchange.
It allows to vote on decisions relating to the protocol or to delegate the vote. 

 

Why has Young decided to list it?

The UNI token, already on Young Platform Pro, lands on Young Platform too, by popular demand from the Young Community!

UNI has quickly climbed the market cap rankings to the top 10 and on Monday 3 May 2021 has reported an all time high, touching 45 dollars.

 

Want to learn more?

Don’t miss tomorrow’s in-depth look at UniSwap on the Young Academy!

 

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Starting today SushiSwap (SUSHI) is available for custody, purchase and sale on Young Platform Pro.

What is SushiSwap?

SushiSwap is a Decentralised Exchange (DEX) governed by the community. If you provide liquidity to SushiSwap and you contribute to the protocol, you will receive part of the transaction fees paid by DEX users.

How does the token work?

SUSHI is an ERC20 token and it’s the SushiSwap governance token.
Not only that, by staking SUSHI you can receive periodic rewards.

Why has Young decided to list it?

The project is strongly focused on the community and it is the third DEX for total value deposited. Moreover, SushiSwap’s roadmap for 2021 includes never-seen-before features in DeFi.

Available pairs?

On Young Platform Pro you can trade the SUSHI-USDT pair.

Want to learn more?

Here’s an in-depth look at Sushi on the Young Academy!

 

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As of today, Maker (MKR) is available for purchase and sale on Young Platform Pro.

What is Maker (MKR)?

Maker (MKR) is the ERC-20 token of MakerDAO, a decentralised autonomous organisation providing decentralised financial services. MakerDAO is the same organisation that launched DAI, a popular decentralised stablecoin.

What is the difference between MKR and DAI?

If DAI is MakerDAO’s stablecoin, MKR is MakerDAO’s governance token.
This means that the price of DAI is pegged to the price of the dollar in a 1:1 ratio.
The price of MKR fluctuates according to market supply and demand.

Why has Young decided to list it?

MakerDAO is one of the earliest promising projects in the DeFi world, boasting two complementary coins, MKR and DAI, both among the top 50 in the market.
Not only that, its MKR governance token has grown by +395% in the last 6 months, peaking at $3,041 in February 2021.

Which pairs are available?

On Young Platform Pro you can trade MKR/USDT

Want to learn more?

Don’t miss tomorrow’s in-depth look at MKR on the Young Academy!

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What is Yearn Finance (YFI)?

Yearn finance is an aggregator service that allows you to optimise yield farming through various DeFi lending platforms. Yield farming is a set of different strategies that, besides trading, allow you to generate rewards from holding cryptocurrencies. YFI token holders also have the right to participate in the governance of the project.

How does it work?

The peculiarity of the Yearn Finance protocol is that the reward you receive is automatically optimised. Deposited funds are moved to the best protocol, so that the rewards you receive are maximised.

Why has Young decided to list it?

In the growing success of DeFi, the Yearn Finance project ranks as one of the first and most successful cases of DeFi Yield farming.
At launch, the price of the YFI cryptocurrency was around $700. Today, eight months later, it has a value of $33,700, registering an ATH at $51,000 on 12th February.

What are the available pairs?

You can find YFI on Young Platform in these pairs:

•         YFI-EUR
•         YFI-BTC

Want to know more?

Wait for tomorrow’s article on Yearn Finance by the Young Academy!