According to the most optimistic investors, the recent bearish movement will kick off the altcoin season. According to the most pessimistic the bull market is over. What is the truth? Does it all come down to quantitative easing?
The season of quantitative easing still appears distant, while the prices of significant assets—ranging from cryptocurrencies to equities—have dropped significantly in recent days. What is lacking in this bull market, which seems quite different from previous ones? While nothing has been lost, the global landscape regarding monetary policies, particularly those of the United States, appears far from a turning point.
In this article, we will explore quantitative easing and discuss why igniting the next alt season might be necessary.
Quantitative easing: what is it?
Understanding quantitative easing is crucial for navigating the current market landscape. Simply put, it is “the central banks‘ secret weapon” for stimulating the economy. This contrasts with quantitative tightening, which involves raisinginterest rates and decreasingthe money supply.
Quantitative easing involves significantly lowering interest rates, making it easier for individuals and businesses to borrow money. It also includes the purchase of government bondsand other financial assets. It acts like an “all youcan eat” buffet for central banks. This influx of cheap liquidity, which comes from the money that investors choose not to invest in bonds due to their very low yields, then flows into assets that are considered riskier, particularly stocks and cryptocurrencies.
For the past fifteen years, quantitative easing has been the solution for every crisis, from the collapse of Lehman Brothers in 2008 to the COVID-19 pandemic in 2020. It has also fueled recent bullmarkets. However, the current situation is different. Despite declining inflation between 2021 and 2023, interest ratesremain above the 2% target, at 3% in January 2025. This limits the potential for aggressive monetary policy easing. Additionally, this comes on the heels of Trump’s recent announcements about new tariffs, which have been confirmed for Canada and Mexico. According to the Federal Reserve, cutting rates too quickly could lead toexcessive speculation in the financial markets and an overheated economy.
The growth of Bitcoin’s market capitalisation
Despite the absence of quantitative easing monetary policies, the market has experienced explosive growth in the final months 2024. Since November 2022, Bitcoin’s price has surged by 448%, and its marketcapitalisation has risen from USD 300billion to USD 1,760 billion, peaking at USD 2,150 billion.
This impressive growth is partly due to the approval of spot ETFs. These financial instruments have attracted approximately $38 billion to Bitcoin and currently hold $101 billionworth of BTC, representing 5.79% of the circulating supply. Bitcoin had never before seen a market capitalisation increase of $1.7 trillion at its peak in January 2025. A look at past cycles reveals the following performance:
2015-2017: +11,082% over 1,068 days, with a $326 billion increase in market capitalisation.
2018-2021: +2,021% over 1,060 days, with a $1.21 trillion increase in market capitalisation.
Overall, this market cycle appears strongly positive when analysing Bitcoin’s performance and the milestones achieved over the past three years.
For example, Bitcoin (BTC) has become a centraltopic in global financial discussions, significantly influencing debates in the United States, including during the presidential elections. Notably, Senator CynthiaLummis and former President Donald Trump have both advocated for creating a strategic reserve of BTC for the U.S. Treasury.
Some considerations on the market cycle we are currently experiencing
Let’s set aside quantitative easing, which we’ve already noted is a missing element in this market cycle, and instead focus on how this cycle differsfrom previous ones. The key question for many crypto enthusiasts is: Will there be an altseason, and will it follow the recent market crash?
It is difficult to determine ‘where we are in the cycle’.
On one hand, we can confidently say that we have not yet experienced a true altcoin season. On the contrary, we have gone through one or more meme coin seasons, the most recent coinciding with the launch of TRUMP, a meme coin introduced directlyby the formerU.S. president in January.
On the other hand, the price of Bitcoin has increased significantly, rising by 60% from the previous cycle’s all-time high. Additionally, it has been over 12 months since Bitcoin first broke its all-time high in January 2024, making this cycle evenmore unusual.
Despite this, some industry experts believe the outcome is still uncertain. The new retail investors who have entered the market—partly due to the launch of TRUMP—could return if an altcoin season finally takes place.
Has the meme coin casino replaced the altseasons?
This point is closely related to the previous one. The launch of numerous new meme coins, along with the strong performance of associated platforms such as pump.fun, acts as a funnel that attracts and drains liquidity from the crypto market.
As a result, many investors have shifted their focus to the meme coin sector, while others are giving up on altcoins. Additionally, the high expectations surrounding Donald Trump’s election have somewhat diminished. The president has notent has commented in a while on crypto, particularly since the launch of his meme coin.
An axiom that has always applied in previous crypto market cycles—likely triggered by quantitative tightening and liquidity injections—states that the price of Bitcoin rises first, then Ethereum’s price follows. Finally,liquidity flowsinto smaller altcoins. However, today, the situation seems to have changed. Only time will tell if this marks a paradigm shift or a delay.
Major market players are continuing to accumulate.
Let’s conclude this article with some positive news. Despite the lack of quantitative easing, which has historically catalyzed bull markets, the current cycle demonstrates remarkable resilience. Bitcoin, fueled by institutional ETFs and unprecedented political recognition, has defied historical patterns by growing in a more restrictive monetary environment. However, the absence of a traditional ‘alt season’ and the dominance of meme coins prompt questions about the future of cryptocurrency: Are we witnessing a paradigm shift or merely a temporary pause?
The answer may be found in patience. Institutional investors continue to accumulate assets, indicating that long-term confidence remains strong. While the current macroeconomic climate—characterised by high interest rates and geopolitical tensions—may dampen enthusiasm, it also creates opportunities for strategic accumulation, potentially setting the stage for a future surge. The actual ‘trigger’ for market movement may not be the return of quantitative easing but rather the market’s adaptation to new rules, where innovation, regulation, and mass adoption craft a different narrative. As the history of past cycles teaches us, one certainty remains: markets always surprise us, often just when expectations are low.
Are you seeking an edge in Young Platform’s competition, The Box? Take advantage of the social interaction campaign on Zealy to maximise your Gems!
Young Platform has launched The Box to celebrate a significant milestone in our journey: integrating a current account into a single app, merging the worlds of traditional finance (TradFi) anddecentralisedfinance (DeFi).
You may already know that you can winamazing prizes such as MacBooks, iPhones, and the exclusive glow-in-the-dark Young Card through The Box. But did you also know you can earn some of the Gems needed to climb the leaderboard by participating in Zealy?
What is Zealy?
Zealy is a leading community engagement platform utilised by top Web3 projects to connect with users and reward them for contributing to growth, primarily on social networks. By linking your Discord and X (formerly Twitter) accounts to Zealy, you can earn points by completing simple missions, such as:
Following Young Platform on X or Instagram.
Liking and commenting on posts.
Reading educational articles and taking quizzes.
Inviting friends to the Discord server.
Creating content that promotes the Young Platform ecosystem.
Participating in thematic challenges.
The process is simple: complete a task, earn points, and convert them into Gems on the Young Platform app (Crew Quests Category). This will allow you to ascend the leaderboard of The Box!
Why is Zealy fundamental to The Box?
Firstly, while some missions in the app require financial actions, such as buying cryptocurrency, Zealy allows you to earn Gems in a free, affordable, and accessible way.
Additionally, suppose you are familiar with the rules of The Box. In that case, you know that you unlock additional Tickets each time you accumulate a certain number of Gems (including those earned through Zealy). The more Tickets you have, the higher your chances of winning in the final draw, where your ranking does not affect your outcome!
Joining Zealy is very simple; here are the six steps to take.
Visit this link to register with your email, using the same one as your Discord account if you have one.
Please confirm your account using the code sent to your email, and then select a username.
Please navigate to ‘Account Settings’ in the top right corner, and connect your Discordand X accounts.
Complete Tasks: You earn points for each like, piece of content created, or quiz completed. Points for automatic tasks are credited to you immediately, while tasks requiring approval from an admin will take longer. Please check back frequently, as new challenges areadded regularly!
Convert Zealy Points into Gems in the Crew Quests section of Young Platform, and rise the leaderboard!
Don’t you have Discord or X yet?
Discord is the heart of the Young Platform community. Our server’s most active users discuss cryptocurrency, finance, and macroeconomics, share strategies, and assist each other.
What are you waiting for? Time is of the essence—Gems await!
The Box lets you have fun, learn, and win amazing prizes. With Zealy, even a simple like or an invitation to a friend can help you achieve victory.
Take action now:
Join the Zealy Campaign,
Accumulate Gems, unlock Tickets, and win prizes!
P.S. Don’t forget to complete the new Young Platform account verification to receive your rewards. Without it, even the most precious Gems will remain in the chest!
Discover how to complete Missions, collect Gems, and climb the leaderboard to win exclusive prizes!
Managing your finances and building a balanced crypto portfolio doesn’t have to be tedious or complicated. In fact, we believe that learning how to manage your money can be both engaging and enjoyable. At Young Platform, we focus on games, quests, and challenges to innovatively introduce people to the world of crypto and personal finance. Of course, exciting prizes are part of the experience!
This philosophy led to the creation of The Box, a competition that signifies Young Platform’s transition from a simple crypto exchange to the firstcrypto-nativepayment account. Central to this evolution is the Quests, designed to reward users through an engaging gaming experience. These quests align perfectly with our mission: learn by playing.
What exactly are Quests, and why do they hold such significance? Let’s explore this together!
Quests: The Heart of The Box
Quests are challenges that each user can complete to accumulate Gems, and they are not all the same:
Some are completed only once, such as the first deposit or activating a feature in the app.
Others are repeatable, allowing you to continuously earn new Gems, e.g. by performing recurring operations.
How Gem Redemption Works
After completing a Quest, you must redeem it manually to obtain the corresponding Gems. If you forget to redeem a repeatable Quest, it will only be counted once, even if you complete it several times.
Note: This rule does not apply to ‘Invite a Friend’ Quests, where each invitation is considered a separate Quest.
What are gems for
The Gems you obtain serve two purposes:
Climbing the Gem Leaderboard, which rewards the most active users with guaranteed prizes.
Unlock Tickets, which allow you to participate in the random prize draw.
Important: there is a limit to the number of Tickets you can obtain through Quests, but Gems do not have a limit and can be accumulated to improve your Leaderboard.
The Quests in The Box are divided into four broad categories: Bazaar, Loyalty, Toolbox and Crew.
Bazaar: This section features Quests, which is aimed at helping you develop a substantial and diversified cryptocurrency portfolio. Here, you can complete challenges to reduce risk, create a long-term savings plan, understand the role of the Young token within the ecosystem, and explore various methods for depositing on the Young Platform. Additionally, you can experiment with different types of buy and sell orders directly on the platform.
Loyalty: In this category, you will find quests related to Young Platform’s loyalty programs. If you choose to become a HODLER of the Young token, you will gain access to exclusive clubs that offer various benefits. These include discounts on trading quests, additional strategies that can be activated on Smart Trade, increased staking options, discounted tax reports, free market reports, and VIP support. Furthermore, you will also receive benefits from external services such as WeRoad,HelloFresh, NordVPN, Builtdifferent, Tickets, and many more.
Toolbox: Here are some tasks related to account security and customising your Young Platform experience. For example, you can add widgets to your homepage to monitor your portfolio in real-time. This category also includes all quests dedicated to staking, which allows you to earn annual rewards on funds locked on the blockchain.
Crew: This category focuses more on the community aspect. Along with inviting friends and family to use Young Platform, you can continue playing on Zealy. The Box expands through games on Zealy, an entertainment platform where you can earn XP points for extra gems. You can earn XP points by interacting with our social content and sharing Young Platform updates!
Gem Leaderboard: How does it work?
The Gem Leaderboard is the system that identifies the top 5 winners of the main prizes in The Box, along with the 200 deserving Young Card winners. Each user has a dedicated section within the Young Platform app where they can check the following:
Number of Gems accumulated: This increases with each Quest redeemed and is used to climb the Leaderboards and unlock Tickets.
Number of unlockedTickets: This indicates how many tickets you have obtained, which can be used to enter the random prize draw.
Leaderboard position: This is updated in real-time based on the accumulated Gems. The final Leaderboard will be made official after the new identity verification process.
Available Quests: This includes the number of Gems that can be earned and the history of challenges already completed.
Only users who complete the new Identity Verification Process (KYC), necessary for enabling the payment account, will be eligible to receive rewards from the Leaderboard and lottery rewards..
What prizes can you win with the Gem Leaderboard?
Prizes for the top 5 finishers:
MacBook Pro
iPhone 16 Pro
iPhone 16
AirPods Max
Amazon Voucher (€250.00)
Prize for the first 200 finishers:
Young Card is associated with the Young Platform payment account.
Quests, Gems and Tickets: A Dual Reward System
The Box offers two ways to win:
Gem Leaderboard → Rewards the 200 most active users.
Ticket drawing → Randomly rewarding those who have accumulated tickets, regardless of the Leaderboard.
If you don’t make it to the top of the leaderboard, you still have the chance to win thanks to the Tickets you get by completing Quests.
You just have to get started: log in to the app, complete the Quests, collect Gems and climb the leaderboard to win prizes from The Box!
Exciting news: there will be a final lottery for everyone! Let’s look at what tickets are and how they function.
The Box marks a significant development within the Young Platform ecosystem and introduces an exciting new feature: the final lottery. This lottery offers a splash of luck and randomness, making it ideal for those new to cryptocurrencies or those who have yet to climb the ranks.
Tickets represent the final opportunity in a critical game: the more tickets you hold, the greater your chances of a favourable outcome. But how exactly do they work? Let’s explore together.
What are Tickets, and why are they important for The Box?
Tickets are your entry pass to participate in the final draw of The Box. The more tickets you have, the greater your chances of being selected and winning a prize.
Each ticket has a unique code; if your code is drawn,you will win the corresponding prize!
The Box was designed with a dual reward system that balances effort and luck:
1. The Leaderboard and Gems rewards the most active users who complete quests and accumulate Gems. The top 200 users on the leaderboard win guaranteed prizes.
2. The Draw and the Tickets: This mechanism uses randomness to give everyone a chance to win, regardless of their ranking.
Thanks to this system, even those with limited resources can have the opportunity to take home a prize!
How are tickets obtained?
You can accumulate a maximum of 26 tickets through two methods:
Accumulating Gems: Every time you reach a certain threshold, you automatically unlock a Ticket.
By completing special Quests, some dedicated quests allow you to obtain Tickets directly without accumulating Gems first.
The Ticket Prizes
Participating in the final draw means a chance to win fantastic prizes. Here’s what you can win by simply accumulating tickets and letting luck take its course:
After the competition concludes, all tickets will be entered into a random prize draw. Each ticket has a unique code submitted to an automated draw system in the presence of a notary. If the code associated with one of your tickets is drawn, you will win the corresponding prize!
The draw begins with the most valuable prizes and continues until all prizes are awarded. Naturally, by purchasing more tickets—each of which has an equal chance of being drawn—you increase your chances of winning additional prizes. Therefore, the more tickets you hold, the better your odds of winning and the more prizes you can receive.
To receive any prizes won in the draw, you must complete the new identity verification process (KYC) on the Young Platform app. Only verified users will be eligible to receive the awarded prizes.
Where do you see your Tickets?
In the Box section of the Young Platform app, you will find:
the number of Gems accumulated
the number of unlocked tickets
your ranking
quests available and completed.
Log in to the app to visit the Competition section!
Join The Box: complete quests, collect gems and earn tickets for the final lottery. Discover your financial future with the Young Card and enjoy many unmissable prizes.
Managing your money doesn’t have to be tedious or complicated. Young Platform aims to make finance accessible and engaging, turning every experience into an enjoyable game. What better way to learn than through a competition with prizes?
Introducing The Box, a competition celebrating Young Platform’s transformation from a crypto exchange to the first crypto-native payment account. This significant change brings new features, exciting opportunities, and, most importantly, new prizes!
At the core of The Box are the Quests, a series of Quests that enable you to accumulate Gems to climb the leaderboard, along with Tickets for a chance to win in the final prize draw. The highlight of the competition is the Young Card, a glow-in-the-dark debit card that stands out and offers a 3.6%* cashback on every purchase.
Test your skills, challenge your luck, and try to win great prizes, such as a MacBook Pro, iPhone 16 Pro, PlayStation 5 Pro, and more!
The Box is a prize competition by Young Platform, running from March 18 to May 31, 2025. There are two ways to win:
Gem Leaderboard: Complete quests to accumulate Gems and rise in the Leaderboards for a chance to win exclusive prizes.
Ticket Extraction: Collect Tickets, which serve as entries for the final lottery. This allows you to win prizes even if you’re not among the top finishers.
How do you win?
Leaderboard in Gems
The more Gems you earn by completing Quests, the higher you rank. Participants with the most Gems receive the most prestigious prizes.
Prizes for the top 5 finishers:
1st place: MacBook Pro
2nd place: iPhone 16 Pro
3rd place: iPhone 16
4th place: AirPods Max
5th place: Amazon voucher worth € 250.00
Prize for the first 200 finishers:
Carta Young is the phosphorescent debit card from Young Platform.
Ticket Extraction
After the Leaderboard prizes are awarded, a random draw is held among all participants who have earned at least one ticket. Even those not at the top of the Leaderboard list can win!
Prizes to be won in the Ticket draw:
3 MacBook Air
5 iPhone 16
5 AirPods Max
5 PlayStation 5 Pro
40 flight vouchers from €150
120 Amazon vouchers for €50
300 Young Cards
The more tickets you have, the more chances you have to win!
How to participate in The Box?
Complete Quests and Accumulate Gems
Quests are the heart of The Box: complete them to earn Gems and climb the leaderboard. Quests can be:
One can only be completed once.
Repeatable, which you can complete several times to earn new Gems.
Important: once you have completed a Quest, you must redeem it manually to obtain the Gems.
To receive the awards you have won, you must complete the new identity verification (KYC) required to enable your Young Platform account in a Young Platform account. If you do not complete the verification, prizes cannot be awarded!
Who can participate?
The Box competition is open to all users over 18 yearsof age who reside in Italy, SanMarino, or Vatican City and have a verified account on the latest version of the Young Platform app. Your account must not have suffered any temporary or permanent suspensions.
Why participate in The Box?
Have fun with Quests and competitions.
Try your luck with the final draw
Win exclusive prizes, including the glow-in-the-dark Young Card
Download the Young Platform app, register for the competition and enter!
*Cashback varies depending on whether you belong to a Club and your Club level. The higher your Club level, the higher the percentage of cashback you receive with your card, up to 3.6% for Platinum Club members.
Young Platform Pro is undergoing a significant update that brings new features and improvements for a smoother and more efficient trading experience. Key updates include a redesigned interface, advanced order management, and a new API version that enhances speed and operational efficiency.
Let’s look at what’s changing and how users can benefit.
A More Intuitive and Functional Interface
New Homepage and Pairs Page
This update features a redesigned homepage and an enhanced Pairs page, offering more comprehensive market insights for faster and easier access to essential trading information.
Improved Desktop Adaptability
The desktop interface has been optimised for a smoother experience, providing better screen size and resolution adaptability.
Enhanced Order Book Data and Order Clarity
Several improvements have been made to refine how market data is displayed:
Enhanced order book data visualisation
More precise positioning of limit orders
Improved pair selector with more details and new categories for different coins
These updates make it easier to access market data, enhancing user decision-making.
This enables traders to customise their views and focus on the most relevant information.
More Detailed Order Management
Users can now see individual trade executions within orders, providing a more precise and detailed overview of their transactions.
Faster Shortcuts Between Wallet, Orders, and Trading Area
Navigation between wallets, orders, and the trading area has been streamlined with improved shortcuts, reducing the time needed to switch between sections.
Easier “Dust” Management
Users can now efficiently manage dust (small crypto balances) by converting it into Young (YNG) tokens, simplifying wallet maintenance.
API Update: Improved Performance and Speed
For advanced traders and developers, the new version of the Young Platform Pro API brings essential improvements.
New Features in API v4
Updated transaction models The new API efficiently handles all transaction types, offering greater flexibility and accuracy.
30% Reduced Latency for Trading Operations Placing and cancelling orders now come with at least 30% lower latency, ensuring faster and more efficient trading.
WebSockets Support WebSockets enable real-time updates for market data and orders, providing a more dynamic and responsive experience.
From May 31, 2025:→ API Key creation for version 3 (v3) will no longer be available From June 6, 2025:→ API v3 will be discontinued – migrating to v4 is required to avoid service interruptions
Get Ready for the Change
The Young Platform Pro update significantly improves the platform, making it faster, more intuitive, and highly functional.
For API users, transitioning to v4 is essential to ensure seamless operations and take advantage of the latest optimisations.
Examples & WebSockets → GitHub Repository With these updates, Young Platform Pro solidifies its position as an innovative platform that provides advanced tools to improve trading efficiency and performance.
Mario Draghi returned to his report on European competitiveness. Today, five months after its publication, it is incredibly late. Here are seven reasons.
Mario Draghi returned to his report on European competitiveness. On Tuesday, 18 February, speaking at the European Parliament, he reiterated the urgent reforms proposed in the document published five months ago. Indeed, with the new geopolitical and economic context, the critical issues highlighted are even more pressing.
For Draghi, the future of the European Union depends on its ability to act as a single economic entity, reduce internal fragmentation, and face global challenges with greater cohesion. However, the path will be complex and involve all key economic aspects: research, industry, trade and finance.
Here are the seven main factors that are endangering Europe’s future from an economic point of view.
1. Europe is practically absent in the fight for artificial intelligence
The first point Draghi raised concerns Artificial Intelligence (AI). The former ECB president pointed out that progress in this area has been impressive: AI algorithms have reached accuracy levels close to 90 per cent in scientific benchmarks, and the costs of training models have been drastically reduced.
Despite this, Europe is almost absent from global competition. Eight of the ten leadingcompanies in the sector are from the US, and the other two are from China. Without targeted investments and a clear industrial strategy, Europe risks falling behind in one of the most strategic sectors for the economy’s future.
2. Energy prices are unsustainable
Energy prices in Europe remain two to three times higher than in the US, creating a substantial competitive disadvantage for European companies.
During the energy crisis in 2022, the price of electricity in Germany increased more than tenfold compared to normal levels. Although the situation has improved, the European industry’s dependency onexternal suppliers and the slow energy transition remainsignificantr problems.
3. Trade war against the US is imminent
Draghi identified US trade policy as a real threat to the European economy. Should Donald Trump return to the White House, new tariffs onEuropean products are almost inevitable, putting the continent’s exports at risk.
Moreover, trade restrictions against China are alreadycausing Chineseproducts to invade European markets, directly affecting local industries.
4. Europe is its own greatest enemy
Mario Draghi then spoke of stagnation, the European economy growing much more slowly than in other regions. One main reason is the absence of a truly integrated single market. According to the International Monetary Fund, internal barriers within the European Union amount to 45% tariffs for the manufacturingsector and 110% for services.
Start-ups and innovative companies often prefer tomove to the US rather than grow inEurope due to the red tape and lack of access to capital. Draghi emphasised that the EU must simplify its regulations and promote a plan to harmonise national laws to enable companies to compete globally.
A significant example is GDPR, the European Data Protection Regulation, which, according to some estimates, has increased data management costs for European companies by 20%.
5. Capital markets suffer
Europeans, and mainly Italians, are among the world’s biggest savers. However, these savings are not invested in innovation but mainly in bank accounts, allowing credit institutions to generate profits without contributing to the technology sector’s growth.
Every year, around USD 300 billion remains in the coffers of lending institutions while start-ups struggle to raise capital to expand. Draghi believes that creating a more efficient capital market favouring innovative companies’ financing is necessary.
7. The legislative process is too slow
Draghi pointed out the European Union’s average time to adopt new regulations is 20 months. Such a delay is incompatible with the pace of technological innovation and economic change.
“If it takes us 20 months to legislate, we are already out of date before implementation,” said the former ECB president. This problem is particularly evident in the digital sectors, where the US and China can adapt their regulations quickly to foster the growth of emerging industries.
8. The decisive turning point
Finally, Draghi pointed out that the European Union continues to act as a coalition of states rather than as a single economic and political entity. An obvious example is the defence sector, where systems are not interoperable, and no common standards exist.
The lack of coordination between member states limits Europe’s ability to protect its interests and support the growth of local companies. “If we want to defend our borders, make our companies prosper and secure a future for European citizens, we have to start acting as one nation,” Draghi said.
Mario Draghi’s competitiveness report highlighted more current challenges than ever. If Europe wants to maintain a leading role in the global economy, it must tackle these problems head-on.
The alternative is clear: continue to lose ground to the US and China, with negative consequences for businesses, workers and the continent’s future.
With the introduction of the Markets in Crypto-Assets (MiCA) regulation, we have made several adjustments concerning stablecoins to ensure compliance with European regulations.
Starting from January 31, 2025, deposits and purchases of USDT, DAI, and PAXG will be suspended. These cryptocurrencies must be either withdrawn from our platform or sold by April 1, 2025.
Additionally, we have made changes to the Moneyboxes Vaults and added new trading pairs. Here’s everything you need to know.
Suspension of USDT, DAI, and PAXG Purchases and Deposits
Starting January 31, 2025, users will no longer be able to purchase or deposit USDT, PAXG and DAI on the Young Platform due to non-compliance with MiCA regulations.
However, if you currently hold these stablecoins, you will have until March 31, 2025, to sell or withdraw them from the platform.
After April 1, 2025, all selling and withdrawal operations for USDT, PAXG, and DAI will be permanently disabled. We strongly recommend that you close any positions and withdraw your funds from the Young Platform before this deadline.
Cancellation of Open Orders
All active STOP MARKET, STOP LIMIT, and LIMIT orders on the following pairs will be cancelled.
Buy Orders Affected:
PAXG-BTC
PAXG-EUR
USDT-EUR
DAI-EUR
Sell Orders Affected:
1INCH-USDT
AVAX-USDT
BTC-USDT
DOGE-USDT
DOT-USDT
ENJ-USDT
ETH-DAI
ETH-USDT
GRT-USDT
LINK-USDT
LTC-USDT
METIS-USDT
MKR-USDT
OP-USDT
SAND-USDT
SOL-USDT
SUSHI-USDT
TON-USDT
WLD-USDT
ZK-USDT
Changes to Currency Operations
USDT & DAI:
Selling orders from USDT/DAI to Euro will remain active.
Buying orders from Euro to USDT/DAI will be disabled.
Swaps from USDT/DAI to another cryptocurrency will remain active.
Swaps from any cryptocurrency to USDT/DAI will be disabled.
All PAXG Moneyboxes Vaults and recurring purchases of PAXG, both individual and customized, will be deactivated. Any funds in these Moneyboxes Vaults will automatically be credited to the user’s Main Wallet.
New Trading Pairs Available
To enhance your trading experience, we have introduced new MiCA-compliant markets using USD Coin (USDC) and Euro (EUR):
TON-USDC
ZK-USDC
WLD-USDC
ENS-USDC
MKR-EUR
SUSHI-EUR
1INCH-EUR
ENJ-EUR
Stay tuned to our Blog for the latest updates on cryptocurrency regulations.
The Q4 2024 report on the YNG token. What happened during this eventful year full of new developments? What are the following steps to take?
What happened in the last quarter? What objectives were achieved in 2024? What does 2025 hold for us—a crucial year for our future? How many YNG tokens were issued, bought, and sold, and what next steps should we take?
2025 will be a pivotal year
Before exploring the Young (YNG) token, the Clubs, and our ecosystem, it’s essential to clarify a few key points. We are entering the era of ComposableFinance, a transformative period in which modularity and decentralisation are reshaping the financial system to be more inclusive, transparent, and flexible. Young Platform is well-suited to this landscape, as we have always aimed to simplify the crypto market for everyone, breaking down barriers and providing increasingly innovative and secure tools.
As mentioned earlier, our primary goal for 2025 is to establish ourselves as a crypto bank—a digital hub that combines the best of traditional finance (TradFi) and decentralised finance (DeFi).
Young Platform Club Numbers – Q4 2024
YNG is YoungPlatform’sutilitytoken. It grants access to Clubs, subscription plans that offer exclusive benefits on our crypto services, and a curated selection of brands designed to enhance every aspect of life.
Currently, the Clubs consist of 1,882 members, distributed as follows:
1,276 in Bronze Club (+8%)
275 in Silver Club (+22%)
169 in Gold Club (+29%)
162 in Platinum Club (+22%)
Club Pricing: The New Model Comes into Effect
Users must purchase and lock a specific amount of YNG to join a Club on the Young Platform’s exchange. This amount has been permanently fixed until now, but as of today, February 4, 2025, it will become variable. This change aims to create a better balance between supply and demand, providing users greater flexibility. This report provides all the details regarding the new Club rebalancing mechanism.
Membership Growth in January 2025
The number of registered members is a crucial metric for analysing token distribution. As more people join the Club, more YNG tokens are locked, reducing the circulatingsupply. This dynamic contributes to YNG’s excellent price stability.
Club membership has increased compared to the previous quarter, likely due to the announcement of the 2025 Roadmap and the recently implemented rebalancing mechanism for the number of YNG required to join.
Starting today, the fee discount for new Platinum Club members who join the loyalty program will be 90% instead of the previous 100%. However, this change does not affect existing members whose terms and conditions remain unchanged.
As of the end of Q3 2024, club membership reached 1,659, reflecting an approximate growth of 13%, a rate not seen in the past two years. Additionally, it is encouraging to note that the most exclusive clubs, Gold and Platinum, experienced growth rates of 29% and 22%, respectively.
YNG Token Distribution
In October, the circulating supply ofYNG tokenswas approximately 23.7 million. By January, this figure had risen to 23.9 million, marking a net increase of around 107,587 tokens, or +0.8%.
The tokens were distributed through various mechanisms:
19,281 tokens were allocated for completing Quizzes, Challenges, and the Up&Down feature (before the Levels introduction).
43,797 tokens were earned by completing Levels.
44,509 tokens were distributed through the Staking feature.
The YNG token market is managed by an algorithm that determines the exchange rate based on two underlying liquidity pools denominated in EUR and YNG. At launch in May 2022, these pools contained:
1 million euros
4 million YNG
Taking into account token purchases and sales over the past few months, by the end of December 2024, the pools contained:
676,750 euros
6.27 million YNG
This configuration reflects the buying and selling activity during Q3, summarised below, along with price trends.
What happened in 2024 from a tokenomics perspective?
The token issuance mechanisms already changed in 2023 with the Step 3.0 update and, more recently, with the introduction of Staking.
The current number of YNG issued has risen by 57% compared to the 68,000 issued during the third quarter of 2024. This growth, particularly in relation to the overall increase in Club membership, is a positive indicator. It suggests that users have valued the improved Staking APY. This reinforces the effectiveness of our incentive strategy, which we intend to apply to upcoming features.
It is important to note that YNG’s launch on the decentralisedmarket will accompany a comprehensive restructuring of its tokenomics, which is already underway. As mentioned in the introduction about the “cost” of joining Clubs, the new features we are implementing will offer token rewards in Young (YNG) exclusively for Club members, following a staking model.
The current situation allows us to calculate the amount of YNG available for sale, considering the tokens locked within the Clubs. Approximately 10.2 million YNG are locked in our loyalty programs, representing just under half of the circulating supply. Meanwhile, the amount available for sale is around 13.7 million YNG.
We are confident that our announcements in the coming weeks will further drive Club membership growth. We aim to integrate loyalty programs—and, by extension, our token—more centrally into the ecosystem.
The Price of YNG
Let’s analyse Young (YNG) ‘s performance over the past few months. While the most significant phase of YNG’s recent price surge began in early 2025, we have included this in our report because price movements influence strategic decisions, particularly regarding YNG’s listing on thedecentralised market.
At the beginning of December, YNG’s price was around €0.095. This was followed by a gradual increase in buying pressure, initially mild but progressively stronger. Following the release of the roadmap video on December 17 and the start of January, trading volume increased, leading to more robust daily and weekly performance.
On January 18, the announcement of the new Club price rebalancing model gave the market an additional boost. As a result, YNG’s price skyrocketed from around €0.12 to a new all-time high of approximately €0.28, marking a remarkable increase of 158%, with 15 consecutive days of gains.
Following its peak, the token underwent a natural correction, settling around €0.22 due to increased selling pressure. This price retracement was generally anticipated, as it had been advantageous to join the Clubs while YNG was priced below the €0.24 threshold in recent weeks.
Q4 2024: Achievements and Released Features
During Q4 2024, we focused on several key features alongside developments on the token project, which will be covered in a dedicated section. Our primary goal was to introduce the evolution of the Earn feature, which was suspended in 2022.
At the same time, we worked to ensure compliance with the European Markets in Crypto-Assets (MiCA) regulation, which partially came into effect at the end of June 2024, aligning with the new regulatory standards for crypto assets.
As always, this report summarises the progress made over the past three months and provides a detailed overview of the most relevant initiatives and developments.
Expansion of the Staking Feature
At the end of Q3 2024, we introduced staking, initially available only on Ethereum, before gradually expanding to other networks. The second network added to our exchange was Solana (SOL), followed by Celestia (TIA) and Cosmos (ATOM). As mentioned in the Q3 2024 Quarterly Report, this feature aims to provide users with a straightforward and efficient way to earn rewards on their cryptocurrencies without hassle or complexity.
Staking plays a crucial role in this report. It has allowed us to introduce the first significant benefit associated with the Clubs, further enhancing the significance of the Young (YNG) token within the ecosystem.
One of the most significant advantages is the extra YNG bonus, calculated based on the user’s Club level. To determine the actual value of these boosts, simply add the percentage shown below to the standard staking APY, with the increase potentially reaching the maximum indicated, depending on the underlying asset:
Bronze Club: up to +5%
Silver Club: up to +15%
Gold Club: up to +30%
Platinum Club: up to +70%
In December, we introduced therecurring purchase option for staking. This feature allows users to automate their value accumulation strategy, simplifying asset management while maximising staking rewards over time. For about a month now, users have been able to set up recurring purchases, helping them average the purchase price of the selected cryptocurrencies (ETH, SOL, TIA, ATOM).
This way, they not only optimise their market entry strategy but also maximise the compounding effect of staking rewards, increasing the growth potential of their portfolio.
Club Price Rebalancing Mechanism
Starting today, February 4, 2025, the number of YNG tokens required to join Young Platform’s Clubs will be updated monthly based on the market price. This approach aims to maintain a balance between accessibility for users and the value of the tokens. The adjustment mechanism plays a crucial role in stabilising Club pricing:
If the price of YNG increases significantly, the number of tokens needed to access the Clubs will decrease proportionally. This prevents the euro cost from rising excessively and reduces the risk of excluding users.
Conversely, if the price of YNG drops, users will be required to hold more tokens to access the Clubs. This adjustment helps balance the lower unit value and ensures the model’s sustainability.
These mechanisms operate under specific rules to balance accessibility and economic stability and stabilise pricing in fiat currency (euros). Let’s examine how they work.
Amounts to be Locked to Access the Clubs
(Based on YNG’s launch price of €0.24) :
Bronze: €360
Silver: €1,200
Gold: €2,400
Platinum: €6,000
If YNG’s price falls below €0.24 at the end of the month, the number of tokens required will increase proportionally, ensuring that the euro cost remains the same as at launch, when YNG was priced at €0.24.
For example, if by the end of the month, YNG is at €0.20, the amount of YNG needed to join the Bronze Club will still be €360, but users will have to lock 1,800 YNG.
Since: 1,800 YNG × €0.20 = €360.
If YNG’s price rises above €0.24 at the end of the month, a discount factor will be applied to prevent Club access from becoming too expensive.
For example, if YNG’s price increases by 50% beyond €0.24, reaching €0.36, thanks to the discount factor (initially set at 0.5), the euro cost will rise by only half, meaning +25% instead of +50%.
In this case, 1,500 YNG would usually be required to join the Bronze Club at €0.36 per YNG, but with the discount factor, only 1,250 YNG will be needed, meaning €450 instead of €540.
📌 NB: The discount factor may be revised in the future.
In summary:
If YNG’s price decreases, the required tokens increase proportionally (without discounts).
If YNG’s price increases, the number of tokens required decreases, but in a controlled way to prevent devaluation of the Clubs.
This system ensures a balanced access model, preventing a sharp price increase from making Clubs too cheap or a significant price drop from requiring an unrealistic number of tokens.
This change guarantees excellent stability and prevents imbalances that could make the Clubs too exclusive.
New Club Prices for February 2025
As previously mentioned, the amount of YNG to lock to join Young Platform’s Clubs in February is as follows (considering the YNG price as of 04/02 at 00:00 at €0.215):
Bronze: 1,667 YNG
Silver: 5,557 YNG
Gold: 11,115 YNG
Platinum: 27,789 YNG
Young Platform Pro Update
Over the past few months, we have been enhancing Young Platform Pro’s trading experience by introducing visual and functional updates to make the platform more intuitive and efficient.
The homepage has been completely redesigned, and the markets page now offers more detailed information for each trading pair, including the 24-hour trading volume and other key metrics. We have also optimised the desktop interface’s adaptability to improve the user experience.
In addition, we have enhanced the data display in the order book, making limit order positions more explicit. The trading pair selector has been optimised to include more information and a more detailed categorisation of available cryptocurrencies. Users can now hide open limit orders and view historical trade positions directly on the chart.
Regarding order management, we have introduced the ability to view individual executed trades. A shortcut for YNG conversion has made accessing small balances (dust) easier. Moreover, shortcuts between the wallet, orders, and trading area have been improved to facilitate smoother navigation.
Finally, we are actively working on releasing a new version of the trader APIs. This version will include WebSocket support, providing advanced users greater automation and integration possibilities.
Zealy Campaign
The Zealy campaign, launched to encourage and reward our community’s engagement, will continue to evolve over the coming months.
After tracking user activity on Discord and rewarding the most active members at the end of 2024, we have kicked off a new campaign, allowing everyone to climb the leaderboard again and win prizes.
The system allows users to earn points through various activities, such as:
social media interactions,
themed quizzes,
active participation in the community.
This initiative is part of a broader strategy to strengthen our ecosystem, where user contributions will be increasingly valued through exclusive benefits.
We will officially announce the prizes during the quarter. They are designed to reflect our ambition to become a digital bank and offer tangible rewards to our most engaged users.
Listing on Young Platform
As always, we have worked to expand the range of cryptocurrencies available on Young Platform, in line with user feedback. During the last quarter, we integrated the following tokens into our ecosystem:
Would you like to suggest new and exciting cryptos you’d love to trade on our exchange? Join us on Discord! It’s the perfect place to share strategies, discuss results, and ask for advice from other community members.
Over the past few months, we have introduced two new benefits for our Club members in the form of vouchers.
In November, we launched Tiqets, a platform that allows you to explore museums and attractions worldwide without waiting in line. There’s something for everyone, from water activities in Dubai to distilleries in Dublin, stadium tours in London, day trips in Las Vegas, and even visits to the Vatican Museums.
We also recently announced our partnership with Builtdifferent. This all-in-one fitness platform provides personalised training programs and nutrition plans at a significantly lower cost than hiring a traditional personal trainer.
But the exciting news doesn’t stop there! We are discussing with more major brands to offer even more exclusive and valuable benefits in the future.
Stay tuned by following our blog and social media channels so you don’t miss out!
Upcoming News!
The best is yet to come, and here’s a sneak peek.
As previously mentioned, during Q3 2024, we primarily focused on staking and the initial preparations for the payment account. However, YNG remains at the centre of our activities. We have made significant progress and have a clear roadmap for its future. This will be the main focus of this report.
IEO Young (YNG) and Tokenomics
Since the end of Q3 2024, the situation has slightly shifted, primarily due to Young’s (YNG) recent price surge. The stock has returned close to its €0.24 launch price.
As the Q3 2024 report outlined, the goal until early January was to restore YNG to its original launch price through a pre-TGE buyback. This strategy aimed to rebalance existing liquidity pools and establish a solid price base for the token ahead of its official launch on the decentralised market.
Once the price stabilised, the plan was to sell YNG tokens to selected venture capital (VC) firms through a private sale with a structured four-year vesting period. This approach was designed to attract strategic investors who could support project growth. The funds raised would strengthen the treasury, finance development initiatives, and continue the buyback strategy.
However, the recent price increase allows us to explore alternative strategic options while continuing discussions with key European VCs. At the same time, our integration with the selected Initial Exchange Offering (IEO) provider is nearing completion. The team also evaluates the optimal launch strategy, considering market conditions and institutional investor interest.
Our goal remains to maximise the ecosystem’s value by ensuring sustainable token distribution. Additionally, we aim to activate the trading pair on decentralised exchanges (DEXs) no later than the launch of the payment account and card, which is currently scheduled for Q2 2025.
Key Mechanisms to Ensure Token Stability
Beyond the sales strategy, two essential mechanisms outlined in the Q3 2024 report remain active to ensure YNG’s stability:
Club Rebalancing: The number of YNG tokens required to join the Clubs will be periodically adjusted based on price fluctuations. If the price rises, the required number of tokens will decrease by 50% relative to the price increase. If the price falls, the number of tokens needed will increase proportionally. This system maintains a balance between accessibility and market stability.
Liquidity Addition: The treasury will monitor the available budget and YNG reserves monthly to add liquidity to the pools. This mechanism, which will take effect with the launch of the DEX trading pair, will help mitigate price fluctuations and ensure greater market depth.
Trade Rumble: The Ultimate Trading Competition
Starting 7 February, we’re launching Trade Rumble, the competition that tests your trading skills, giving you the chance to climb the leaderboard and win amazing prizes.
Joining is simple: trade Euro-Crypto and Crypto-Crypto pairs, complete missions, collect Gems, and rise in the rankings.
Up for grabs: MacBook Pro, iPhone 16, AirPods Max, and many more prizes, with an exclusive advantage for Club members: in case of a tie, the winner will be whoever belongs to the highest Club level (plus, Club members already save on trading fees!).
Account & Card
As previously announced in our last report and during the dedicated AMA, our ecosystem is on the verge of a significant advancement with the launch of the Payment Account and Card, scheduled for Q2 2025. This project has long been a part of our long-term vision and represents the second pillar of Young Platform, bringing us closer to achieving our goal of digital banking.
Our ambition is clear: to become Italy’s first crypto-native bank, combining the strengths of traditional finance with the efficiency, speed, and earning potential of the crypto world. This new approach will offer users a more accessible, faster, and cost-effective way to manage their finances, providing complete control over digital and traditional assets.
The new Payment Account allows users to manage their finances in one place, simplifying spending, investments, and transfers. Additionally, the Debit Card (available in digital and physical formats) will allow users to spend their funds and profits from crypto investments directly, minimising costs and enabling instant transactions. This card will be more than just a payment method—it will serve as an essential extension of the Young Platform ecosystem.
The Clubs and the Young (YNG) token will be crucial in this transformation. Our Crypto-Infused Finance model will incorporate YNG cashback and exclusive benefits for Club members, making our system even more rewarding for those who support our vision. Some of these perks will be available soon, even before the official feature launch.
We are also developing a pre-launch marketing campaign for the Card to reward our most active users. This will be a competition, and Club members will naturally have additional advantages.
That’s all we’re revealing for now… but stay tuned on our social channels to learn more soon!
Futures
We are excited to announce a significant new feature to our ecosystem: Futures on Young Platform, which will launch in Q3 2025. Our community has highly anticipated this development, which represents a strategic evolution of our platform and will expand trading opportunities for all users.
With the introduction of Futures, users will have access to advanced tools to trade with leverage on cryptocurrencies, stocks, and ETFs. This means they can open long and short positions, enabling more flexible and diversified trading strategies—whether to capitalise on bullish trends or hedge against market uncertainty.
The launch of Futures marks a significant milestone for Young Platform. It positions us as a comprehensive hub for managing and investing in digital and traditional assets. This new feature will enhance our platform’s competitiveness, catering to experienced traders and those who want to explore more advanced financial instruments gradually.
That’s all the information for now! Be sure to follow us on all our channels.
Win a MacBook Pro, iPhone 16, AirPods Max, and more!
Get ready to enter the arena with Trade Rumble, Young Platform’s exciting new competition! From February7, 2025, to March 9, 2025, you’ll have the opportunity to compete against other traders, climb the leaderboard, and win fantastic prizes, including a MacBook Pro, iPhone 16, and more.
Here’s everything you need to know to participate and give it your all!
How to participate in Trade Rumble
Entry Requirements
The competition is open to all users who meet the following criteria:
Must be of legal age.
Must have a registered and verified account on Young Platform (please ensure that you complete the KYC process, which is the identity verification).
Must enter the competition directly through the app, accepting the rules with a single click.
Enrollment Modalities
New Users: Download the app or register on the website, complete the identity verification, and enter the competition in the designated section (only app).
Existing Users: Log in to the app, complete the KYC process (if you haven’t done so already), and navigate to the ‘Trade Rumble’ section to enter the competition.
How the competition works
The competition is straightforward: your goal is to collect as many Gems as possible to rise on the leaderboard and win amazing prizes. Here’s how it works:
1. Complete Quests: Engage in buy, sell, or exchange transactions on the Young Platform exchange (basic version). The Quests will guide you through the tasks you need to complete to earn Gems.
2. Redeem Gems: After finishing a Quest, don’t forget to redeem your Gems directly in the app! Only then will they be added to your total and contribute to your ranking.
3. Climb the Leaderboard: The more Gems you gather, the higher you will climb the leaderboard, increasing your chances of winning one of the 10 prizes!
– Transactions processed via Moneyboxes (recurring purchase).
What Doesn’t Count:
– Operations conducted on Young Platform PRO.
– Transactions carried out using the Smart Trades feature.
– Cancelled or unexecuted orders.
– Suspicious or fraudulent volumes, as determined by Young Platform.
Important: Remember to redeem your Gems as soon as you complete a Quest to maximize your progress!
Please note: If you do not redeem the Gems on time, they will not be added to your total, and you will miss the chance to climb the rankings.
Prizes to be won
Here is an overview of the prizes that await you:
1st place: MacBook Pro, iPhone 16, AirPods Max
2nd place: MacBook Pro, iPhone 16
3rd place: MacBook Pro, AirPods Max
4th place: MacBook Pro
5th place: iPhone 16, AirPods Max
6th place: iPhone 16
7th place: AirPods Max
8th place: Apple Watch
9th place: Apple Gift Card worth €250.00
10th place: Apple Gift Card worth €100.00
If some prizes are not awarded, they will be donated to Save the Children Italy.
The benefits of the Young Platform Club
Joining a Young Platform Club provides you with a strategic advantage in the Trade Rumble competition! The higher your club level (e.g., Platinum, Gold), the more benefits you can enjoy.
In the event of a tie in the rankings, the member at the highest Club level will always take precedence. Additionally, being a Club member grants you access to commission discounts, which translates to more trading opportunities, lower costs, and more gems.
Not part of the Club yet? Now is the perfect time to prepare for climbing the levels and making an impact in the Trade Rumble rankings!
The ranking is determined by the total number of Gems accumulated. In the event of a tie, the following criteria will be used to break it:
1. The user who has achieved the highest level in the Young Platform Club (e.g., Platinum is ranked higher than Gold) will win.
2. If two users belong to the same club, the one who reached their total number of Gems first will be the winner.
3. If neither user is a member of a club, the winner will be the one who accumulated their Gems first.
Please note that the final ranking will be closed at 23:59 on March 9, 2025, and winners will be announced by March 31, 2025.
Your ranking
Trade Rumble will be accessible through the Young Platform app, where you can track your ranking. Complete details and the Official Regulations will always be available on the Young Platform app, as well as on our website at support.
Why participate?
Trade Rumble is more than just a competition; it’s an opportunity to test your trading skills, have fun, and compete for fantastic prizes. If you haven’t signed up for Young Platform yet, now is the perfect time to get started! Don’t waste any time—sign up now and prepare to conquer the rankings.
