Turin, 11 April 2023 – Young Platform announces its partnership with Reply to launch the fourth edition of the “Reply Investment Challenge”. Aimed at students and young professionals. The international online competition in 2022 reached record numbers with 13,750 participants from 95 countries, with a total volume of 36,000 transactions carried out.
The online trading competition will focus this year on a very topical subject: cryptocurrencies. The objective of the Challenge, which will take place from Monday 8 May to Friday 19 May 2023, will in fact be to invest in cryptocurrencies and participants will be asked to implement profitable investment strategies, making tactical choices based on the fluctuations of the crypto market.
In addition to deepening their trading knowledge, the competition will enable participants to broaden their skills on cryptocurrency market dynamics and blockchain technology through exclusive e-learning content which will be provided by Young Platform and MIP, and made available, in the month before the competition, on the Challenge platform. MIP, which will thus support Young Platform in providing high-level materials for the preparation of the competitors, is the Graduate School of Business of the Politecnico di Milano, active for more than 40 years in the provision of management training programmes for graduates, professionals, companies and institutions.
Participants will have a virtual capital of $1,000,000 to invest in real time in the cryptocurrency market. On 8 May, the participants’ wallets will be credited and the challenge can begin. Participants will be ranked and evaluated according to their investment choices, and only the top three, those who have maximised the most in terms of profit, will win the competition. This year players will also be able to choose between two different interfaces: a simpler and more intuitive one and a more comprehensive and detailed one, respectively Young Platform and Young Platform Pro.
This year’s Reply Investment Challenge will have Young Platform, Italy’s largest regulated cryptocurrency platform, as a partner. Young Platform is a Turin-based scale-up founded in 2018 with the aim of making the cryptocurrency market accessible to everyone. The platform acts as a reference point for those who want to use cryptocurrencies in a simple, transparent and effective way, even without having specific skills in the field. It stands out for its focus on the security and privacy of its users, guaranteeing the use of cutting-edge technology to protect data and transactions.