Young Platform updates the Smart Trades functionality to ensure a trading environment that is compliant with MiCA regulations.
The company has decided to modify the pairs in the Smart Trades functionality, migrating from the crypto-USDT pair to the crypto-USDC pair.
With this update, we aim to inform our users about the strategic decisions taken by Young Platform following the entry into force of European Regulation No. 2023/1114 of 31 May 2023 concerning Markets in Crypto-assets (MiCA), effective from 30 June 2024.
These decisions reflect the need to comply with the Italian government’s recent approval of the Legislative Decree of 25 June 2024. This decree aims to align the national regulatory framework with the provisions of the MiCA Regulation and ensure coordination with existing regulations in Italy, particularly the Consolidated Banking Act (TUB) and the Consolidated Finance Act (TUF).
8 July 2024: new Smart Trades strategies with Crypto-USDC pair
Starting on 8 July 2024, Young Platform will implement a significant change in the Smart Trades strategies offered to users, utilising the crypto-USDC pair. Therefore, from 8 July to 15 July, adding new funds to strategies already active or created during this timeframe will not be possible.
This strategic decision is to comply with the MiCA Regulation, which promotes security and transparency in the cryptocurrency sector.
USDC’s adoption as the reference stablecoin in the new Smart Trades strategies is motivated by its growing adoption and complete adherence to the regulatory requirements of the MiCA Regulation. USDC is widely recognised for its stability and regulatory compliance, making it an ideal choice for users seeking safety and reliability in their trading operations.
Young Platform has always placed great emphasis on compliance and protecting the interests of its users. This new implementation represents a further step forward in ensuring a secure, transparent, and compliant trading environment. Our platform continues to evolve to meet the needs of a constantly changing market, offering innovative and regulatory-compliant solutions.
15 July 2024: conversion of USDT to USDC in active Smart Trades
Starting from 15 July 2024, Young Platform will convert all USDT to USDC in Smart Trades strategies activated before 8 July 2024 for free. The user will not incur any fees for this conversion.
This initiative is part of our ongoing commitment to ensuring compliance with regulations and providing an efficient and advantageous service for users. The free conversion eliminates additional costs for the user, facilitating the transition to a compliant and consolidated stablecoin like USDC.
USDT, PAX Gold, and DAI will not be delisted
Young Platform does not plan to delist USDT, PAX Gold, and DAI until further notice. We are actively collaborating with the foundations of these stablecoins to support their compliance with the MiCA Regulation. By the end of July, we will provide updates on the availability of these currencies on our platform.
Moreover, we will closely monitor any regulatory updates or communications from the stablecoin issuers and promptly inform users of relevant news.
Conclusion
Young Platform remains firmly committed to ensuring a safe, compliant, and advantageous trading environment for all users. The new Smart Trades strategies with the crypto-USDC pair and the free conversion of USDT to USDC are concrete steps towards regulatory compliance and protecting users’ interests. We thank everyone for their understanding and cooperation during this transition phase.
Communication to Young Platform Users Regarding MiCA Regulation and USD Coin
Following our communication on June 29, we want to update you on the compliance of stablecoins on Young Platform concerning the MiCA Regulation.
USDC Stablecoin Compliance
We are pleased to inform you that the USDC stablecoin is now fully compliant with the MiCA Regulation. The USDC and EURC White Papers, available here, provide further details.
As of 1 July 2024, USDC will be issued as an EMT (Electronic Money Token) under Article 3 of the MiCA Regulation. USDC will remain available on the Young Platform without interruptions or modifications.
Official Website: Take a look at the Circle and USDC websites.
For all information requests and subpoenas from law enforcement, send an email to [email protected].
Updates on Other Stablecoins
Regarding the other token (USDT, PAX Gold, and DAI), we await official communications from their respective issuers about their compliance with MiCA. In the meantime, Young Platform has taken the following measures to ensure compliance with the new European regulation:
Continuous monitoring of official communications from the issuers.
Timely updates to users regarding any news on the compliance of the stablecoins.
We will keep you informed with a new communication shortly about the next steps regarding these stablecoins.
Thank you for your attention, and please stay tuned for further updates.
We are approaching a pivotal stage in the world of cryptocurrencies: the entry into force of European Regulation No. 2023/1114 of 31 May 2023 concerning Crypto-Asset Markets (MiCA). In particular, the first block of the relevant European legislation will come into force on 30 June, which will significantly impact stablecoins and the broader digital asset market across the European Economic Area (EEA). Specifically, under the MiCA Regulation, authorised stablecoins must meet stricter reserve requirements, governance, and transparency requirements. Furthermore, on 25 June 2024, the Italian government approved the Legislative Decree to align the national regulatory framework with the MiCA Regulation, aiming to ensure coordination with existing sector provisions in Italy (particularly with the TUB and TUF).
What changes for Users?
With the entry into force of the MiCA Regulation, Young Platform is working to ensure that all cryptocurrencies offered on our platform comply with the MiCA Regulation, implementing a series of measures to protect Users and create an even safer and regulated environment.
Stablecoin: The MiCA Regulation introduces new rules for Stablecoins, which must meet specific requirements to be offered to the public. For reasons better explained below, Young Platform is already working to comply with this new regulation. Still, no changes are planned to the offering of Stablecoins on our platform. We will continue monitoring regulatory developments and guidance from competent authorities and promptly inform Users of any updates.
Greater transparency (Articles 27, 29, and 40 MiCA): We will provide more detailed information on the cryptocurrencies offered, including associated risks and specific characteristics of each token. In particular, we will focus on Asset Reference Tokens (ART) and Electronic Money Tokens (EMT), for which MiCA establishes specific requirements (Articles 16 and 48 MiCA):
a) ART Tokens: According to Article 3(6) of MiCA, these are “a type of crypto-asset that is not an electronic money token and aims to maintain a stable value by referencing another value or right or a combination of the two, including one or more official currencies.” The MiCA Regulation requires platforms like Young Platform to obtain written consent from the issuer of the ART token before offering it to the public (Article 16 MiCA) and to comply with specific transparency and communication obligations (Articles 27, 29, and 40 MiCA).
b) EMT Tokens: According to Article 3(7) of MiCA, these are “a type of crypto-asset that aims to maintain a stable value by reference to the value of an official currency.” The MiCA Regulation establishes stricter requirements for EMT token issuers, which must be authorised as credit institutions or electronic money institutions (Article 48 MiCA) and must also publish a White Paper containing detailed project information (Article 51 MiCA). Platforms offering EMT tokens must also comply with specific rules on communication and marketing (Article 53 MiCA).
Clear communications (Articles 29 and 53 MiCA): Our communications will be even more transparent and informative, in line with MiCA requirements on marketing and advertising. We will provide all the necessary information to make informed decisions. In particular, regarding EMT tokens, our marketing communications will comply with MiCA’s specific provisions for this type of token.
Dedicated support: Our Customer Support Team is available to answer any questions or concerns you may have regarding MiCA and its implications.
What changes for Spot Trading services, purchasing Stablecoins with Fiat Currency, and Smart Trades?
Although the MiCA Regulation has introduced specific requirements, particularly for Asset-Referenced Tokens (ART) and Electronic Money Tokens (EMT), it does not provide a definitive and exhaustive list of which cryptocurrencies fall into these two categories.
This means that issuers themselves have not openly declared with certainty whether their Tokens should be considered EMT or not. Consequently, Young Platform is in the position of having to independently interpret the regulation and is awaiting definitive clarification from the relevant authorities.
To date, Young is doing its best to contact all Token issuers that may fall into the aforementioned categories, asking them whether they are working to comply with the new obligations for ART and EMT issuers. Due to the absence, as mentioned, of a precise classification of these types of Tokens and considering the various possible interpretations of the regulation, Young Platform has not made any changes to its Spot Trading service for Users or, for the same reasons, to the service of purchasing Stablecoins with Fiat Currency or the Smart Trades service. It should be noted that in the first week of July, we will send Users a new update regarding the classification of EMTs and ARTs, to provide the latest data on issuers who have decided to regularise their Tokens and to specify how these issuers intend to operate. Furthermore, the same communication will further clarify how Young Platform intends to manage Tokens not authorised under the MiCA Regulation.
Certainly, the Company will continue to monitor regulatory developments and guidance from competent authorities constantly, and we will promptly inform Users of any updates and/or changes to the service.
Finally, we invite you to consult the official MiCA summary prepared by public authorities, available at this link.
If you have any questions or doubts, please do not hesitate to contact our customer service. We are here to help you navigate this new regulatory landscape and make the most of the opportunities offered by the MiCA Regulation.
Managing performance with the new P&L calculation method
Young Platform has updated its P&L (Profit & Loss) feature to offer a clearer and more detailed view of your crypto portfolio’s performance. As of June 2025, the system employs a new calculation method, which features interactive charts, detailed statistics, and revised data handling.
This is not a brand-new feature, but rather an optimisation of how existing data is analysed. It allows users to easily track:
Overall portfolio performance
Gains or losses on each individual cryptocurrency
Current value across the various wallets (Main, Savings, Staking, Smart Trade)
Realised and unrealised performance over time
To view your updated data, simply go to the “Profit and Loss” section within the app or web platform.
P&L method and tax reporting
The new calculation method is now also used to generate the tax report available on the platform. This integration ensures that the data shown in the P&L section is fully aligned with what is needed for income tax reporting.
Main user benefits include:
Consistency between operational analysis and tax data
Realised gains calculated in accordance with current regulations
Easy-to-export tax report, readable by your accountant
This synergy between performance tracking and regulatory compliance streamlines crypto asset management from both financial and legal perspectives.
How the P&L calculation works
Young Platform distinguishes between realised and unrealised gains and losses.
Realised Profit (or Loss)
This refers to the actual gain or loss made from completed operations: sales, withdrawals, or conversions into euros or stablecoins.
Calculation: Sale/withdrawal/conversion price – average purchase price Fees are included and counted as a loss.
Note: Conversions between cryptocurrencies (e.g., BTC > ETH) do not count as realised gains, but transfer their value as unrealised capital gains. Conversions to stablecoins (e.g., BTC > USDC), however, do count as realised gains, just like conversions into euros.
Example:
Purchase: 0.5 BTC at €15,000 (€30,000/BTC)
Sale: 0.5 BTC at €17,500 (€35,000/BTC)
Realised profit: €2,500
Unrealised Profit (or Loss)
This is an estimate of the value change of cryptocurrencies still held in your portfolio.
Calculation: Current value – average purchase price
Note: Applies only to crypto assets that have not yet been sold, withdrawn, or converted into euros/stablecoins. Conversions between cryptocurrencies retain the gain as an unrealised capital gain.
Example:
Purchase: 0.5 BTC at €15,000
Current value: €17,500
Unrealised profit: €2,500
Average purchase price: definition and usage
The average purchase price represents the unit cost of a cryptocurrency over time.
Key features:
Updated only when buying
Unaffected by sales, withdrawals, or conversions
Used to calculate both realised and unrealised profits
When transferring assets between internal wallets (e.g. from Savings to Staking), the average purchase price follows the asset
How to read the data in the Analytics section
The Analytics section has been enhanced to provide a clear and detailed overview of your portfolio’s structure and performance. It includes:
Total performance
Total performance shows the overall gains and losses in your portfolio, expressed both as a percentage and in euros. It takes into account all value fluctuations, including realised and unrealised gains and losses. Figures are updated every hour and shown net of any fees.
This metric provides an immediate and accurate snapshot of your portfolio’s growth or decline, making it a crucial reference for evaluating overall performance.
Breakdown by functionality
This section displays how your capital is distributed across the various investment strategies available on Young Platform: Main Wallet, Savings, Staking, and Smart Trade. For each, it shows the total unrealised gain, allowing you to quickly identify which strategy is delivering the best results.
Volume analysis
This tool lets you monitor your activity in detail: deposits, withdrawals, and orders (buy, sell, or swap). You can select a specific time frame and filter by transaction type, generating a detailed chart of your operations. This enables complete control over your activities and supports more strategic decision-making.
Crypto distribution
Displayed via a pie chart, this section shows the percentage breakdown of your crypto holdings by asset. Each segment represents a specific cryptocurrency, helping you visually assess the weight of each asset and decide whether to rebalance your portfolio.
Transactions
Here, you’ll find a detailed list of all your transactions, including type and volume. This view is also useful if you’re considering upgrading your verification level or joining a Club plan that offers reduced fees based on your trading volume.
Balance distribution
This chart shows how your capital is allocated across different investment strategies on the platform. Each segment represents a strategy and highlights its proportion of your total balance. It’s a valuable tool for evaluating diversification, exposure, and the impact of each strategy on your overall returns.
Asset type allocation
This provides a clear overview of how your portfolio is split between euros, cryptocurrencies, and stablecoins. It helps you assess your exposure to volatility and balance between stable and high-risk assets, supporting more informed planning and risk management.
The updated P&L method on Young Platform marks a significant step forward in managing crypto investments with clarity and accountability. It enhances real-time performance tracking while integrating seamlessly with fiscal reporting, simplifying your annual tax process.Whether you’re a seasoned investor or just getting started, you now have a powerful tool to monitor, evaluate and document your crypto activity in a clear, structured, and compliant way.
You can now purchase zkSync on Young Platform Pro! Everything you need to know zkSync is now available on Young Platform Pro and is ready to buy, hold, and sell.
We resume our listings with ZK, one of Ethereum’s most promising Layer 2 solutions and one of the most advanced projects in scalability.
zkSync: everything you need to know
zkSync is an Ethereum Layer 2 solution that enables users to execute transactions more quickly and cheaply. The Matter Labs team founded it in 2020, aiming to enhance scalability through Zero-Knowledge Rollup technology.
zk-rollups group transactions are executed on the network in batches and sent to the main blockchain in a compressed format. This maintains Ethereum’s security and decentralisation while reducing transaction costs. This technology was developed to solve major issues with the Ethereum network, which can often become slow and expensive when congested.
In just a few months since the launch of the leading network, zkSync Era, it has attracted many users and a significant amount of Total Value Locked (TVL). ZK, zkSync’s cryptocurrency, is the network’s governance token, allowing holders to participate in essential decisions for the protocol’s future.
zkSync was launched via an airdrop in June 2024, distributing 3.7 billion tokens to users who had used the protocol in the preceding months. From its launch, the zkSync network has hosted some of the most promising and popular decentralised applications (dapps) like Uniswap and Curve Finance, along with native DeFi platforms like Sync Swap and Holdstation.
As previously mentioned, this Ethereum Layer 2 is one of the most promising in the crypto world. Over the past years, it has raised nearly $500 million through various funding rounds. Venture capital firms investing in the project include Andreessen Horowitz (a16z), DragonFly Capital, ConsenSys, and Alchemy, some of the most prominent funds in the sector.
How to Use zkSync on Young Platform?
Here are all the features available for zkSync (ZK) on Young Platform Pro:
Purchase and sale with USDT.
Network deposit and withdrawal.
What are you waiting for? Access the Young Platform app or web version to purchase the cryptocurrency of this Ethereum Layer 2.
Attention! All CEX withdrawals for Zk Sync (ZK) are disabled until 12 p.m. UTC tomorrow, June 18, 2024.
Starting today, you can purchase a new crypto on Young Platform Pro: find out all the information about Bittensor (TAO)!
From now on, you can buy and sell Bittensor (TAO) on Young Platform! A blockchain protocol dedicated to artificial intelligence models. Deposits and withdrawals are not available for this cryptocurrency. For more information, read our Terms and Conditions.
Bittensor (TAO): what do you need to know?
Bittensor (TAO) aims to decentralize and democratize access to artificial intelligence. This protocol enables collaborative, decentralized AI models and thus aims to overcome the limitations of centralized ones. The active consensus mechanism on this network is managed by a Proof-of-Intelligence algorithm composed of nodes that evaluate each other’s contributions according to utility and quality standards.
How to use TAO on Young Platform Pro
Here are all the features available for Bittensor (TAO) on Young Platform Pro:
Buying and selling with USDT
What are you waiting for? Access the app or the web version of Young Platform to purchase this innovative cryptocurrency! Attention! Bittensor (TAO) can only be bought and sold but not withdrawn or deposited to and from Young Platform.
Young Platform has renewed its partnership with TradingView, the platform that has revolutionised the way markets are analysed.
We are proud to announce that our partnership with TradingView, the most widely used platform for analysing the charts of major assets, including cryptocurrencies, has been renewed.
What does this mean in a nutshell? On Young Platform Pro, our dedicated crypto trader exchange, you have all the most popular tools of this powerful, sophisticated and comprehensive platform at your disposal. Indicators, tools, sliders and drawing tools, you have everything you need to fulfil your potential and become a better trader!
What, in short, is TradingView?
TradingView is the world’s most widely used technical market analysis platform. It is an essential resource for traders wishing to consult charts and carry out in-depth analysis to find the right entry and exit points for a position.
TradingView has conquered the market thanks to two key features, especially when dealing with a discipline as complex as trading: ease of use and customizability.
In this sense, it is the perfect tool for novice traders who want to follow the price of a particular asset, such as Bitcoin. It is also perfect for experienced traders who need professional tools, which the platform itself provides.
TradingView and Young Platform: a trading experience without limits
Another great strength of TradingView concerns its ability to adapt to trading platforms and exchanges, in the case of the crypto world.
Thanks to this feature, and the resulting collaboration between Young Platform and Trading View, you will find all the indicators and tools you need for in-depth analysis on our exchange Pro. In other words, you can study the charts in one virtual space, finding your setups every time you log in.
You can plot trendlines or use an exponential moving average, for example, to find the perfect time to buy your favourite crypto. No matter how long this scenario takes to play out, once you log in, you will find everything as you left it.
Here are, in detail, the main advantages of integrating TradingView on Young Platform Pro:
Enhanced crypto charts: use the many trading indicators at your disposal to perform your technical analysis;
All your tools in one place: draw lines or geometric figures, draw, colour certain sections and write your notes directly on the chart;
Your drawings and analyses remain there, where you left them;
You can view all your open orders directly on the chart and keep track of your trading strategies.
Now that you know how the collaboration between Young Platform and TradingView works and what benefits it brings, you just have to start trading in a, truly, professional manner. Keep following our blog so you don’t miss upcoming updates to Young Platform Pro to test the indicators, drawing tools and tools by TradingView.
THORChain (RUNE), one of the most successful DeFi projects regarding blockchain interoperability, has officially been listed on Young Platform and Young Platform Pro. This exciting development means that users can now easily purchase, store, and sell THORChain (RUNE).
THORChain: What You Should Know
THORChain (RUNE) was developed to enable the exchange of cryptocurrencies from different blockchains, which are often inherently incompatible. This has led to the creation of THORSwap, a decentralised exchange (DEX) with an Automated Market Maker (AMM), as the flagship product of this infrastructure.
At the heart of this protocol is the native token, RUNE. It is essential for conducting exchanges as it supports the payment of transaction fees and forms the primary component of liquidity pools.
Furthermore, holding RUNE allows individuals to participate in the decision-making processes regarding the future of THORChain, positioning it at the centre of its governance mechanism.
How to Use THORChain on Young Platform?
Young Platform and Young Platform Pro offer several features for THORChain (RUNE), including:
Embark on your journey with THORChain (RUNE) on Young Platform today. Discover DeFi’s endless possibilities and take part in the future of finance. Join us now and start exploring the dynamic world of THORChain on Young Platform.
Warning! Rune can only be bought and sold but not withdrawn or deposited by and on Young Platform. For more information, please read our Terms and Conditions.
You can now buy three new cryptos on Young Platform: learn all about Aptos (APT), Jupiter (JUP), and Internet Computer Protocol (ICP)!
From now on, you can buy and sell APT, JUP and ICP on Young Platform! Deposits and withdrawals are not available for these cryptocurrencies. For more information, please read our Terms and Conditions.
Find out how these blockchain projects work to see if they are for you!
What do you need to know about Aptos (APT), Jupiter (JUP), and Internet Computer Protocol (ICP)?
Aptos is a Layer 1 blockchain that uses a Proof-of-Stake consensus algorithm to validate transactions on its network. This network is programmed in Move, a language for writing smart contracts, developed by Meta (formerly Facebook) in 2019. The project’s main aim is to enable the creation of user-friendly decentralised applications that can be used even by those unfamiliar with the technologies involved.
On the other hand, Jupiter is a fledgling decentralised exchange native to Solana that aims to provide traders with an unprecedented DeFi experience. On Jupiter, one can easily place different types of orders and trade cryptocurrencies and derivative contracts. You can, for example, set up limit orders executed when a token reaches a predetermined price or create your automated dollar cost averaging (DCA) or recurring purchase strategy.
Finally, Internet Computer Protocol (ICP) calls itself the ‘global computer’ since it connects a network of dedicated devices that, in effect, constitute a decentralised ecosystem. It is, to all intents and purposes, a Layer 1 blockchain designed for less experienced users that aims to replace Web2 infrastructures thanks to its decentralised data storage mechanism.
How to use APT, JUP and ICP on Young Platform
Here are all the features available for Aptos (APT), Jupiter (JUP) and Internet Computer Protocol (ICP) on Young Platform and Young Platform Pro:
Buying and selling with EUR
Recurring purchase
Creating a Single Coin Moneybox or Bespoke Bundly Moneybox
Smart Trades, the automatic trading strategies, are coming to Young Platform! They are available as a preview for Club members only.
We are happy to announce the launch of a new feature: Smart Trades. This feature was created through a partnership with Aelium, a company specialising in developing cryptocurrency trading strategies. Smart Trades can only be activated in advance by Young Platform Club members. In this article, we will learn what they are, how they work, and what advantages they offer for your cryptocurrencies.
Managing money: a question of time
Many of us feel we have no time. We would like to devote attention to many essential or enjoyable things, but time always seems in short supply. Managing money is one of them.
Understanding financial concepts helps to set and achieve concrete goals, contributing to present and future financial security. It gives peace of mind, opens new opportunities and avoids uncontrolled debt. Developing one’s savings and investment skills increases independence and quality of life.
We firmly believe that the crypto market represents a new opportunity, and our job is to make it available to as many people as possible.
We have always tried to develop tools that are simple and as automated as possible, capable of working even with minimal amounts of money and little time. This way, anyone can try, experiment, and adapt the tools to their situation. Flexibility is our prerogative. We break down any barriers and encourage individual autonomy, starting from the heart of the problem: time.
Buy-and-Hold and Smart Trades compared
Today, we want to introduce you to a new tool that complements the Moneyboxes. These were created to automate the buy-and-hold approach over the long term. Buy and Hold isan approach that does not consider price fluctuations and volatility and tries to put cryptocurrencies aside over the years on an ongoing basis. The recurrence of purchases over the long term limits risk and the average purchase price.
The completed approach to Moneyboxes, which we want to tell you about today, is the one introduced by Smart Trades. If Moneyboxes are for ‘buying and saving,’ Smart Trades are for trading. They are, therefore, short-term indicators that execute buy-and-sell trades automatically. Smart Trades seek to exploit volatility, price trends, and breaks in support and resistance to their advantage to achieve results over weeks or months, even if they entail higher risk.
But now, let’s get into the nitty-gritty of Smart Trades to learn what they are, how they work, and what benefits and risks they entail. Above all, we must know how to harness them to achieve our goals.
Remember, the definitions provided here are greatly simplified for a non-expert audience. If you wish to delve deeper into the indicators, we recommend reading the in-depth articles on Academy. It’s crucial to understand that financial markets are intricate and unpredictable, and an indicator’s performance can fluctuate based on numerous factors. Before you proceed, consider your risk profile, investment goals, and time horizon. Also, avoid basing your decisions on a single source of information and always seek advice from a professional who can guide your choices. This table provides some information that may aid your research. But always keep in mind: the final decision is always yours!
What are Smart Trades
Smart Trades are automatic trading indicators that operate without human intervention thanks to an algorithm.
This algorithmic trading type uses mathematical models to execute buy and sell orders based on market signals and predefined parameters. With Smart Trades, even beginners can approach trading.
Algorithmic trading: how it works
Algorithmic trading can execute various trading orders at a higher speed than manually. These systems are programmed to recognise trends, patterns and price discrepancies. Based on this data or signals, they execute fast trades to maximise returns.
An algorithm in trading is a detailed recipe that tells the computer exactly what to do and when. For example, ‘Buy 100 shares of XYZ Corporation when their price falls below 50€ and sell them when their price rises above 60€’. The computer monitors the market 24 hours a day, 7 days a week, and automatically executes these orders when the specified conditions occur, without you constantly tracking the market.
Why activate a Smart Trade?
Activating a Smart Trade offers numerous advantages, especially for beginners. It is a gateway to the trading world that does not require years of experience or constant market monitoring. Smart Trades reduce the emotional factor, one of the biggest obstacles for traders, and allow a more disciplined, data-driven approach. In addition, they will enable you to take advantage of market opportunities 24 hours a day, 7 days a week.
How to Choose a Smart Trade
Before activating a Smart Trade, it is important to carefully evaluate each strategy, understand the associated risks, and determine which best aligns with your objectives. The app describes each strategy’s characteristics, and you can read the complete guide to help you interpret and use them in your choice.
How Smart Trades are activated
Activating a Smart Trade on the Young Platform is simple and intuitive. They are currently only available on the Young Platform app, not the web version. After selecting the strategy that best suits your needs, follow this step-by-step tutorial. Simply enter the amount to be allocated and check the summary data before confirming. Once configured, the Smart Trade will start trading automatically, allowing you to monitor progress and make necessary changes. For more details on the functionality, please read our Terms and Conditions and Aelium’s Terms and Conditions.
Smart Trades available on Young Platform
Each of the four proposed strategies works on different parameters. You can read the Academy’s in-depth article on a strategy by clicking on it in the following list:
Keltner Channels
Supertrend
Momentum
Bollinger Bands
Cryptocurrencies available for Smart Trades
The cryptocurrencies available for use with Smart Trades include some of the most popular and liquid ones on the market:
This selection of cryptocurrencies allows diversifying one’s strategies across different assets, taking advantage of each coin’s unique characteristics.
Smart Trade Monitoring
To monitor the gains and losses of your Smart Trades, access the ‘Smart Trades’ section of the app. In the ‘Active’ tab, find and select the strategy of interest to view the details. Here, in the Profit&Loss (P&L) section, you can analyse the performance of your plan, checking the percentage increase or decrease and the amounts gained or lost. If you wish to increase your budget, you can easily do so by using the ‘Add Funds’ button on the same detail screen. By following these simple steps, you can actively manage and monitor the effectiveness of your automatic trading strategies on the platform.
Smart Trades that can be activated
Smart Trades can only be activated in advance for Clubs. If you do not belong to a Club, you can only activate one Smart Trade at a time, but by joining a Club, you can unlock many more.
The availability of these strategies varies according to Club membership.
What fees are applied to Smart Trades?
During the preview period for Club members, a fixed commission of 0.2% will be charged on the transaction amount. Please note that fees may change once the feature becomes available to the public. It’s important to mention that no commission discounts will be applied to Smart Trades, including those offered by the Club subscription or acquired bonuses.
Young Platform does not provide tax, investment, or financial services and advice. The information on this website is provided for informational purposes only. It is presented without regard to any specific investor’s investment objectives, risk appetite, or financial circumstances and may only be suitable for some investors. Buying and selling cryptocurrencies involves risks, including total loss of capital. Users should always research, consult a qualified professional before deciding, and carefully assess their risk profile and loss tolerance.