You can now buy three new cryptos on Young Platform: find out all about Injective (INJ), Dymension (DYM) and Fetch.ai (FET)!
Now you can trade INJ, DYM and FET on Young Platform, but deposits and withdrawals are not available. For more information, please refer to our Terms and Conditions.
Find out how these innovative protocols work to decide if they are right for you!
Injective (INJ), Dymension (DYM) and Fetch.ai (FET) what do you need to know?
Injective is a Layer 1 blockchain built on the Cosmos ecosystem specifically for decentralised finance platforms. The Injective network allows for a high volume of transactions per second at meager fees, and sometimes even without any fees, thanks to the relay service offered by the API nodes in this network.
Fetch is a platform that combines two cutting-edge technologies – artificial intelligence (AI) and blockchain. The platform’s key product is Autonomous Economic Agents (AEAs), which are capable of programming themselves to fulfil specific needs. Like AI chatbots such as Chat GPT, AEAs analyse real-time data and context and act accordingly to achieve a goal.
Introducing Dymension, a new Layer 1 blockchain created on Cosmos. Its primary goal is to become a leading modular ecosystem for developing decentralised applications. The future RollApps that will be integrated into Dymension are neither dapp nor real blockchains. They are unique in that they are exceptionally easy to develop. It’s worth noting that RollApps should not be confused with Rollups, which are Layer 2 scalability solutions.
How to use INJ, DYM and FET on Young Platform
Here are all the features available for Injective (INJ), Dymension (DYM) and Fetch.ai (FET) on Young Platform and Young Platform Pro:
Buying and selling with EUR
Recurring purchase
Creating a Single Currency or Customised Money Box
Warning: These cryptocurrencies can only be traded on Young Platform, but cannot be deposited or withdrawn.
The fourth-quarter report of the YNG token – summarising the year. What has unfolded in this eventful 2023, and what are the next steps?
What transpired in the last quarter? What were the achievements throughout 2023? How many tokens were issued, bought, and sold, and what are the forthcoming actions? A complete overview of the year just ended is available in this report, drafted in January 2024.
Young Platform Club Numbers for Q4 2023
YNG is Young Platform’s utility token, providing access to the Clubs: subscription plans with exclusive benefits for our major supporters.
Currently, the Clubs consist of 1437 members, divided into:
1011 in the Bronze Club;
190 in the Silver Club;
121 in the Gold Club;
115 in the Platinum Club.
A certain quantity of YNG must be locked on Young Platform’s exchange to join a Club. The number of subscribed members is vital for token distribution analysis, especially since more members mean less selling pressure on YNG. The primary consequence? Greater price stability for YNG. Compared to the last report, Club membership has increased by 2.6%, and Platinum members by 41%.
Comparing these figures with last year’s, it’s evident that 2023 was a positive year for the adoption of Young Platform Clubs. At the end of 2022, there were 1,214 members, divided as follows:
903 in the Bronze Club;
174 in the Silver Club,
92 in the Gold Club,
45 in the Platinum Club.
Therefore, Club membership grew by 18%, and Platinum members by approximately 155%. This growth makes us optimistic about the future, particularly with many new initiatives planned for our loyal supporters in the coming months.
YNG Token Distribution
The number of YNG in circulation at the end of September was about 23.1 million. At the beginning of January, the circulating supply is approximately 23.3 million, indicating a net increase of about 166,000 tokens, or 0.9%.
These tokens were distributed through the Young Platform Step app in various ways:
49,009 through completing Quizzes, Challenges, and Up&Down (before level implementation);
117,341 through completing Levels.
The YNG token market is managed by an algorithm that defines the exchange rate using two underlying liquidity pools, EUR and YNG. At launch in May 2022, these pools contained:
1M Euros
4M YNG
Considering token sales and purchases over recent months, as of January 2023, the pools contain:
750K Euros
5.61M YNG
This configuration results from purchases and sales during the third quarter, summarised below along with the price trend:
YNG Issuances in 2023
This is the conclusive report of 2023, making it the right time to summarise the year in terms of tokenomics. The way the token is issued changed after the Step 3.0 update. How has the introduction of XP impacted limiting YNG inflation?
As the graph shows, thanks to the latest Step update, we’ve significantly limited YNG distribution. The issuance of new tokens has been reduced by 93%.
YNG Price
From a price action perspective, 2023 was a transitional year. The bearish movement affecting our token since November 2022 halted at the €0.1 level reached in February.
Subsequently, YNG, supported by the Buyback initiative, experienced an 86% bullish rally, pushing the price to a high of €0.16 by the end of August 2023. It currently fluctuates between €0.12 and €0.14.
Achievements in 2023
During 2023, we achieved numerous goals and released several new features. This report is an excellent opportunity to summarise all the work done in the last few months. Let’s detail the initiatives undertaken in 2023 to expand the appeal of our YNG token and those related to the Young Platform ecosystem in general.
YNG Token
Buyback: The Buyback operations were completed. We purchased €62,000 in tokens through spot transactions and supported the price with limit orders.
Vouchers and Benefits for Clubs: In 2023, many incredible benefits for the clubs in the form of vouchers arrived: We Road and NordVPN. In 2024, we’ll continue collaborating with other brands to offer our supporters more benefits.
YNG Token Listing: We are still considering listing the Young (YNG) token on other exchanges. Our main goal is to initiate trading on DEXs by the end of the first half of 2024.
Dust: In recent months, a feature was released that allows converting small crypto balances into Young (YNG) tokens.Dust lets you revitalise unused cryptocurrency cents.
Token Tracking (CoinMarketCap and CoinGecko): Our weekly reminders to CoinMarketCap and CoinGecko have yet to produce results beyond those achieved in the second quarter of 2022. Communication with CoinMarketCap, through which we provided all requested data, continued for several months but ceased when they asked for money to expedite the process.
We are considering proceeding in this direction once the token is tradable on the decentralised market. In doing so, we intend to maximise interest around the event. Currently, we are listed as an exchange on CoinMarketCap, while the YNG token appears on CoinGecko, although trading volumes still need to be available for both pages.
Young Platform Ecosystem
Tax Report. In May, we introduced one of our most successful features: the “Tax Report,” a tool simplifying crypto declarations, offering a downloadable PDF for tax declarations. Developed in collaboration with Taxtris, it’s the first service provided by an Italian exchange. Remember, the Tax Report is discounted for Silver and Gold Club members and accessible for Platinum.
Listing on Young Platform: With the market’s resurgence in 2023, we expanded the range of cryptocurrencies available on our exchange. We started with Arbitrum, Ethereum’s most-used Layer 2, then proceeded with Optimism, dYdX, GMX, Cosmos, Lido DAO, Render, and Celestia. In 2024, we’ll continue to broaden our token offerings on Young Platform to allow our users to catch new market trends.
Multi Network: We enabled multi-network deposits and withdrawals to meet the needs of users who intend to use Young Platform as a “launchpad” to access DeFi decentralised applications. It’s now possible to deposit and withdraw Ethereum, USDT, and USDC, even through the Arbitrum, Optimism, and BSC networks. This way, you can maximise the opportunities Web3 offers with shallow deposit and withdrawal costs.
Moneybox 2.0: This update expanded the range of cryptocurrencies available for recurring purchases in May. We introduced the Thematic Moneybox (composed of ready-made cryptocurrency mixes) and the Customized one, allowing you to make recurring purchases of your preferred cryptocurrencies (from 2 to 5).
Services for Businesses: Services for businesses that see crypto as a tool to make their business competitive and scalable have also arrived. In recent years, more and more companies and institutions have started recognising cryptocurrencies as a fundamental tool for a complete digital transition.
Step 3.0: Step has also been wholly revolutionised after the latest updates. Initially a pedometer app, it’s now Italy’s most-used “Cryptogame” and a guided journey to explore and study the cryptocurrency world.
Community
Development regarding the community was diverse in 2023. All the initiatives undertaken aim to establish a two-way dialogue between us and our users.
Discord: In 2023, we completely restructured the central hub dedicated to our community. The Young Platform Discord server also saw the creation of a channel reserved for our biggest supporters, the Platinum Club members, and we are working on creating one for other supporters. To comply with current regulations, we have yet to be able to reward the most active members with free token distributions. 2024, we plan to distribute many benefits to our most loyal supporters.
Telegram and WhatsApp: We also launched a new Telegram channel and a WhatsApp Community. The primary goal of these two digital spaces is to keep our users informed about the latest crypto news. We also publish weekly analyses of the price of Bitcoin, Ethereum, and the best-performing cryptocurrency.
Upcoming News!
Many new developments await us in the coming weeks. Here, we can only reveal two of them, which will help us achieve two key objectives: enhancing the trading experience on our platforms and increasing the adoption of the YNG token.
The first relates to the “little robot” visible on our app and in various social media content published in recent months. Predictably, it is linked to some automated trading features we will release in the coming weeks. These will enable all our users to access intelligent solutions for purchasing and managing cryptocurrencies and tailor them according to their strategy. But that’s not all. Launching these new functions is also an incentive to join our Clubs, as members will be rewarded with various advantages. This could also positively influence YNG’s price action.
The second development is designed for those who actively and regularly use the applications of our ecosystem, particularly the Pro version. We are improving the interface to make trading on Young Platform Pro moreprofessional. Additionally, we are enhancing our APIs and exploring various options to increase liquidity on the order books and minimise the spread as much as possible. We aim to establish partnerships with a specialised market maker in this regard.
For now, the spoilers end here. Continue following us on all our channels!
You can now buy, sell, and hold TIA on Young Platform! Learn about this innovative project and the purpose of its token!
Celestia: everything you need to know
Celestia is a distinct modular blockchain infrastructure designed to enhance the scalability and flexibility of networks developed on it.
TIA serves a dual purpose as both a utility and governance token. It’s essential for paying fees on the network and the Layer 2 platforms that will be developed in the upcoming months, and it’s also vital for participating in protocol governance votes.
The project, launched in October 2023, began with its prototype in 2019. The founding team includes Mustafa Al-Bassam, CEO and co-founder of Chainspace (acquired by Meta), Ismail Khoffi, John Adler, and Nick White. Celestia raised $55 million across two distinct funding rounds, earning it the status of a unicorn startup (valued at over $1 billion). Its venture capital supporters include prominent names like Coinbase Ventures, Jump Crypto, Placeholder, Galaxy, and Delphi Digital.
Interested in Learning More?
Delve deeper into Celestia in the Academy.
How to Use TIA on Young Platform
Explore the full range of features for Celestia (TIA) available on Young Platform and Young Platform Pro:
Buy and sell with EUR
Set up recurring purchases
Deposit from another wallet or send via the Celestia network
Starting today, you can buy a new cryptocurrency on Young Platform: learn about Render (RNDR)!
From now on, you can buy, sell, and store RNDR on Young Platform! Learn how this innovative project works and what the token is used for to decide if it’s right for you!
Render: everything you need to know
Render Network is a unique protocol in its field, as well as one of the fastest-growing blockchain platforms currently.
It is built on Ethereum and leverages blockchain technology to democratise access to the necessary resources, predominantly graphics cards (GPU), for content rendering.
RNDR serves both as a utility and a governance token: it is essential for accessing the platform’s decentralised rendering service as well as for participating in voting on the future of the protocol.
The project, created in 2017 by Jules Urbach, then CEO of OTOY, a company specialising in rendering and computer graphics, stems from an ambitious idea: to use blockchain technology to revolutionise graphic rendering.
Want to learn more? Dive deeper into Render Network on Academy!
How to use RNDR on Young Platform
Here are all the features available for Render (RNDR) on Young Platform and Young Platform Pro:
Buying and selling with EUR
Recurring purchase
Deposit from another wallet or send through the Ethereum network
From today, a new crypto is available on Young Platform: find out all about the listing of Lido DAO (LDO)!
Now you can finally buy, sell and store Lido DAO (LDO) on Young Platform. Check out the main features of this DeFi project and its crypto, to find out if it’s right for you!
Lido DAO: all you need to know
Lido is among the leading projects in the DeFi landscape today, as the most widely used liquid staking protocol for Ethereum.
In a nutshell, thanks to Lido, it is possible to stake ETH or MATICs and receive tokens in return that can be used on the most popular DeFi services, including DEXs and Yield Farming platforms.
LDO, on the other hand, is the governance token: itmeans that whoever owns it can vote in the decisions that govern the operation of the protocol. At the time of writing, the token ranks 35th by market capitalisation.
Also thanks to its token, Lido DAO is a particularly decentralised service, being governed precisely by a DAO. The latter is a decentralised autonomous organisation, which enables the management of a project in an automated and participative manner.
The project stems from the desire to solve the limitations of ETH staking, which were particularly acute during the run-up to the Merge between 2020 and 2022. Specifically, by some developers and personalities from the Ethereum community such as Stani Kulechov and Jordan Fish (@cobie on Twitter).
The 3 investment rounds that enabled the development of the project were led by Paradigm and a16z. Not only that, the protocol was verified through technical audits by no less than 14 bodies.
Send your cryptos via your preferred blockchain, to and from Young Platform with the Multinetwork
For some time now, many people in the community have been asking us to introduce the possibility of withdrawing and depositing crypto via different networks, such as Layer-2s. Here’s what it means and the perks of the Multinetwork feature!
What are networks?
During your journey in the crypto market, you might want to use a wallet or a DeFi application.
To add cryptocurrencies to these wallets and use these apps, however, you will have to go through an exchange toconvert euros into crypto.
Or, at some point, you might want to transfer the tokens you got from these applications to Young Platform, so you can convert them, or keep them to simplify your funds management.
To transfer crypto from Young Platform to other crypto applications and vice versa, you’ll go through the network of a blockchain.
And here is the heart of the matter: which blockchain to use?
Each cryptocurrency, in fact, is supported by different blockchains (and networks): BTC can mainly be transferred via the Bitcoin network, ETH via Ethereum and so on.
Over time, however, several increasingly fast and convenient blockchains have emerged, especially for transferring Ethereum’s native cryptocurrencies. Layer-2s such as Arbitrum, Optimism and Polygon have allowed ETH and all ERC-20 tokens to circulate in a scalable and efficient manner.
Therefore, in many crypto applications you will find the possibility of using different blockchain networks. Now you can do this on Young Platform too!
Which new networks are supported?
In this first round, the new networks only concern ETH, USDC and USDT, the most widely used cryptos in DeFi. New ones will be added in the future.
Here are the new networks supported for withdrawals and deposits:
ETH
Arbitrum
Optimism
BSC
USDT
Polygon
Tron
Arbitrum
Optimism
BSC
USDC
Polygon
Arbitrum
Optimism
The complete list of networks can be found on the Prices and Fees page, while guides on how to withdraw and deposit are available on our Support Portal.
Take advantage of the Multinetwork to transfer your cryptos in the fastest and cheapest way!
Warning: cryptocurrency transfers sent on the wrong network, or to the wrong wallet, or without a memo/tag may not be recoverable.
One of the community’s most requested features has arrived: the conversion of ‘Dust’ into YNG tokens!
You know when, after a sale, you are left with a few cents of a cryptocurrency, which you will probably never buy again?
Doesn’t it bother you, every time you scroll through your wallet and see a microscopic balance, those pennies you can never sell?
It’s finally time to get rid of them!
From today, those forsaken cents find a utility: you can convert them into YNG tokens with the new Dust feature.
How does it work?
You can convert all cryptocurrencies available on the exchange into YNG. This means that a cryptocurrency is only compatible with the Dust function if you can buy and sell it normally. Consequently, cryptos listed only to support airdrops and delisted cryptos are excluded.
Converting Dust is very easy (and also quite satisfying):
Go to the Wallet section of the app or website
Click on the button ‘Turn small balances into YNG’.
Select the cryptocurrencies you want to convert
Click on ‘Convert’ to complete the procedure and receive YNG.
We know you can’t wait: tidy up your wallet and collect YNG!
Only one person has the right to know what you do online: you. Discover NordVPN’s offer and the discount for your Club
Being tracked online is never pleasant, even if you have nothing to hide. Since we, too, are fans of online security and privacy, we thought NordVPN would be just the thing for Clubs.
What is NordVPN?
A VPN (virtual private network) usually hides your IP address and allows you to surf in private mode, even on sites with geographical limitations.
NordVPN isa VPN that uses a network of servers worldwide: more than 5,000 servers in 60 countries. But it is also much more!
All plans, in fact, include these services:
Web access without geographical limits: explore the Internet from anywhere in the world
Surf safely even when connected to public Wi-Fi;
Worry-free sharing of files and information, e.g. to work or play online with other people;
Protection from malware, online trackers and malicious advertising.
More advanced plans even include Nordpass and Nordlocker, thepassword manager and encrypted file storage service.
In short, NordVPN has thought of everything: now you can surf carefree and completely control your data.
It can be used from any device and is also very intuitive! It is not hard to see why it is one of the top VPNs.
How does the benefit work?
NordVPN offers three packages: Ultimate, Plus, and Base. The official website already offers discounts for each.
On top of these, Young Platform Clubs add an additional cumulative discount, exclusively applicable to two-year plans.
Combining the two promotions results in the following:
Bronze: up to 74% total discount + 4 months free
Silver: up to 75% total discount + 3 months free
Gold and Platinum: up to 78% total discount + 3 months free
How to apply the discount?
First, join a Club or upgrade to the most advantageous one with the Young Platform app.
Select the two-year plan, and choose the package you prefer
Clicking on the button “Get [package]” takes you directly to the payment page
Here, enter your email address
Click on “Got a coupon?”
Enter the discount code received by email
Check that the code has been accepted
Select a payment method (yes, even cryptocurrencies are accepted!)
Conclude payment
If you have any problems, you can contact NordVPN customer service at [email protected]. If you are not satisfied with the service, you can request a refund within 30 days.
The third quarter YNG Token report, with an in-depth look at Clubs and the latest news coming soon!
What happened in the last quarter? How many tokens have been issued, bought and sold, what goals have we achieved and what are the next steps? You can find a complete overview in this report, compiled in October 2023.
The numbers of Young Platform Clubs
YNG is Young Platform’s utility token and grants access to Clubs: the subscription plans that offer exclusive benefits dedicated to our biggest supporters.
The Clubs, at the moment, consist of 1400 people, divided into:
1031 for the Bronze Club;
167 for the Silver Club;
121 for the Gold Club;
81 for the Platinum Club.
To join a Club, a certain amount of YNG must be blocked on the Young Platform exchange. The number of registered members is therefore important for analysing the distribution of the token, especially since the more people join a Club, the lower the selling pressure on YNG will be. What is the main consequence? A greater stability of the price of YNG. Since the last report, Club members have decreased by 9% but Platinum members have increased by 11%.
Distribution of the YNG token
The number of YNG in circulation at the end of June was about 22.7 million. The circulating supply at the beginning of October was about 23.1 million, which means that there was a net increase of about 400,000 tokens, or 1.7%.
These tokens were distributed via the Young Platform Step app in different ways:
76,049 through the completion of Quizzes, Quests and Up&Down (prior to the implementation of the levels);
331,830 through the completion of the Levels.
The YNG token market is run through an algorithm that defines the exchange rate by means of two underlying liquidity pools in EUR and YNG respectively. Initially, these pools contained:
1M Euro;
4M YNG.
Considering the token sales and purchases handled in the past months, as of October 2023, the pools contain:
771K Euro;
5.43M YNG.
This configuration is the result of purchases and sales during the third quarter, summarised below together with the price trend:
Goals achieved and next steps
During Q3 2023, we achieved a large number of goals and released as many new features. First of all, we successfully launched and concluded buyback operations, which, together with a modest amount of purchase volume, breathed new life into the Young token (YNG). In addition, our dedicated business services and the tax advice section of the site with expert accountants arrived.
The community section also saw big news! Two new channels were opened: Telegram and WhatsApp, and activity on the Discord server increased. Finally, Club members can be, in part, satisfied; thanks to new benefits in the form of vouchers issued. Here are all the goals achieved during this quarter and the challenges that lie ahead for the next one.
Buyback
The buy-back operations were successfully completed. We purchased a total of €62,000 of tokens through spot trades and then supported the price through limit orders. Young’s (YNG) price increased by 15% from the beginning of July and by 40% from the February lows.
Listing
We are still considering listing the Young token (YNG) on other exchanges. We are currently in negotiations with several centralised exchanges but are also considering opening up to the decentralised market (DEX).
Token tracking (CoinMarketCap and CoinGecko)
The weekly reminders sent to CoinMarketCap and Coingecko have, unfortunately, not produced any more results than those achieved in Q2 2022. We are currently listed as an exchange on CoinMarketCap, while the YNG token appears on CoinGecko, although, for the time being, no exchange volumes are available for both pages. The situation will probably unblock, at least as far as the token is concerned, when we list on another exchange.
Small balances
Spoilers!
By popular demand, a new feature is coming soon, allowing you to convert small crypto balances into Young tokens. This way you can give new life to small amounts of cryptocurrency that you would not use.
Multi Network
This function, although it may seem secondary to some, is very important. Especially for those who intend to geek out with DeFi’s decentralised applications. It will soon be possible to deposit and withdraw Ethereum, USDT and USDC, also via the Arbitrum, Optimism and BSC networks. In this way you will be able to make the most of the opportunities offered by Web3 with very low deposit and withdrawal costs.
In the coming weeks, the Polygon zkEVM and Base networks, Layer 2, developed by Coinbase, will also arrive.
Telegram
We have launched a new Telegram channel! The main objective is to try to counteract the many attempts to defraud our users. In the current group, which is still open but will be permanently closed in a few weeks, malicious actors can view the phone numbers of members who have not specified within the app to be hidden and contact them privately.
Young Platform’s new Telegram channel solves this problem. It is to all intents and purposes a channel (and not a group where the admins are the only ones who can post) and therefore the username and phone number of all members is blacked out.
WhatsApp
We then also ventured into WhatsApp, which introduced Communities. These are larger and more customisable discussion groups than those used to communicate with friends or family. The Young Platform WhatsApp group will, for now, serve the same purpose as the Telegram channel. One more way to learn about all the news concerning our ecosystem and the crypto world.
Discord
Discord is the main place dedicated to our community, featuring a leaderboard where server members are ranked according to the XP (experience points) they possess. This will be used to reward the most active users of the server, those who are most committed to growing our ecosystem. During the quarter just ended, we prioritised other initiatives, but presumably some of the rewards in store for the community will come during this quarter.
We have also created the channel reserved for our biggest supporters, the Platinum Club members, and we are working on creating those for other Club members as well.
Twitter has changed its name, but still remains the main venue for promoting the YNG token. We have, to some extent, strengthened our collaboration with prominent members of the industry, who already support us, and we plan to enter into more. Unfortunately, it has not been possible so far to implement an automatic reward system (via the connection between X and Discord) due to the new policies ofElon Musk’s social network.
On our X profile we post daily content and memes, if you don’t follow us yet you should definitely do so!
In May, we introduced for Italy and France one of the features we are most proud of. We are talking about the ‘Fiscal Report’, a document that simplifies filingcrypto taxes, making it available for download in Pdf format. The Fiscal Report was developed in collaboration with Taxtris and is the first service of its kind offered by an Italian exchange. Please note that the Fiscal Report is discounted for Silver and Gold Club members, and free for Platinum Club members.
Vouchers and Benefits for Clubs
More amazing benefits for Clubs in the form of vouchers arrived in the third quarter of 2023, but this is no time to rest on our laurels. After We Road, a partnership with another famous brand is on the way this week. The theme of the collaboration is privacy, a concept very dear to us; but no more spoilers, at least for now!
Business services
Young Platform’s business services also opened up recently. In recent years, companies are beginning to understand how crypto is key to make their business competitive and scalable,while completing the long needed digital transition.
News on the way!
Finally, two more huge innovations await us in the coming weeks. The first is Young Platform Step, which will see the launch of a brand new education section that will allow users to get YNG in new ways. The second has to do with our exchange, where a feature never seen before in Italy is on the way.
All the key information for considering whether to buy Cosmos (ATOM), available now
Now you can finally buy, sell and hold ATOM on Young Platform. Learn about the key features of this project and the uses of its crypto to find out if it’s right for you!
Cosmos: all the things you need to know
The project was founded in 2017 by two software engineers, Jae Kwon and Ethan Buchman. Its development is supported by the Interchain Foundation, a nonprofit organisation, and the company Ignite (formerly Tendermint). The platform was officially launched in 2019.
What distinguishes Cosmos from most blockchains is its strong interoperability. Indeed, it reminds us of the structure of Polkadot: it is a large ecosystem for simplified development of native blockchains.
In fact, Cosmos more than being a blockchain is an interchain, which is that structure that provides blockchains with a common protocol of operation. Any chain built on Cosmos, therefore, naturally enjoys strong interoperability, scalability and flexibility: you can develop application-specific blockchains without having to worry about developing the fundamental architecture.
One such blockchain is the Cosmos Hub, whose cryptocurrency is precisely ATOM. The token is usable in all other Cosmos blockchains, but it was created specifically for the original Hub.
Other projects built on this platform are Cronos, Kava, Osmosis, ThorChain and soon the new dYdX blockchain.
ATOM crypto can be used in these ways:
To pay transaction fees on the network
To stake themeither as a validator or by delegating
To use itin blockchain and applications built on Cosmos
In the future, it will also be possible to use staked ATOMs, thanks to liquid staking, which is being developed. This will also limit the token’s inflationary pressure, promoting its growth in value. Learn more about how Cosmos works on the Academy!
How to use ATOM on Young Platform?
Here are all the features available for Cosmos (ATOM) on Young Platform and Young Platform Pro:
Buying and selling with EUR
Recurring purchase
Deposit from another wallet or send through the Cosmos network
