Black Friday: Club discounts and boosted referrals

The best time to join Young Platform’s clubs? The blackest day after Halloween

If you are on the hunt for offers, you just hit jackpot: you have found two at once.

From Black Friday to Cyber Monday, Young Platform makes Club membership more convenient and increases the referral bonuses. Below you will find all the details!

What are the Black Friday promotions?

First of all, you have from 24 November at 11am UTC to 27 November at 10.59pm UTC to make this Black Friday count on Young Platform!

There are two opportunities:

  1. You can join a Club by blocking less YNGs
  2. You get more rewards for successfully completed referral invitations

Let’s start with Clubs, specifying the discount applied to each level, and the resulting amount of YNG needed:

  • Club Bronze
    1500 YNG – 10% = 1350 YNG
  • Club Silver
    5000 YNG – 15% = 4250 YNG
  • Club Gold
    10000 YNG – 20% = 8000 YNG
  • Platinum Club
    25000 YNG – 30% = 17500 YNG

Not familiar with our Clubs? It’s easy, you block tokens once and enjoy the benefits as long as you want, at no extra cost! On this page you will find all the details.

And now the invitations:

The bonus you receive for correctly inviting a person to Young Platform is raised from €10 to €50. NB: The maximum number of invitations with which the bonus can be received is 5. 

Time to convince that lazy friend!

Why join Clubs now?

Thanks to the discounts you will have to block less YNG – remember that these tokens do not have to be spent – but there are 7 other reasons not to miss out on this opportunity!

  1. Up to 100% discount on buying and selling fees and deposits – your money box will thank you!
  2. Throughout November, card deposits cost less;
  3. Get a WeRoad coupon for your next trips
  4. Save on groceries with HelloFresh’s tasty packages
  5. Use a secure connection thanks to a super discount at NordVPN
  6. And the seventh? Well, you’ll be the first to try out the new feature (and the next ones) coming to Young Platform!

Sign up now for the level that’s right for you, to make the New Year more carefree and be able to seize all the new opportunities!

Step 3.0: A New Journey Begins!

Step’s evolution into a crypto game continues: discover the new Hub and Journey, with new challenges and lessons

Last summer we introduced the first elements of Step 3.0: levels, profile and experience points.

Today the crypto game takes another important evolutionary step. In a nutshell, in the Home you will find a guided path to discover cryptos (and more). But let’s go step by step, and delve into all the new features.

The Journey

You will find an entirely new Home, which will guide you through the blockchain maze, showing you the way. 

You will be the protagonist of a futuristic journey, for which you only need two things: a great deal of curiosity… and downloading the Step update!

You will be teleported on a path that is first gentle and then gradually more challenging: you will start as a Newbie, then become Analyst and finally Master. 

During this adventure you will develop various skills and habits such as walking, analysing markets and acquiring new knowledge.

It doesn’t matter if you already know Web3 like the back of your hand, or if you’ve never heard of it, in the ‘Education’ challenges you will find both the basics and trivia and insights into crypto. All of this, in highly digestible pills.

Missions

On the way, you will meet a robot who will reveal a secret to you: if you take a little detour, you can accumulate extra XP and YNG. Just follow the signs for Missions.

You may have already used them, in fact they have been live for quite some time now, but we have not yet given them the recognition they deserve. On the other hand, the Step community has appreciated them very much and we are very happy about that.

For those unfamiliar with them, they are events lasting a few weeks, which allow you to win YNG if you complete all the required Quests. 

Try them, we’re sure you’ll enjoy them. It’s not over yet, continue below to find out how we rearranged Step.

Hub and navigation

We have not forgotten about seasonal cleaning and renovation: user experience is crucial and we always keep an eye on it. 

Thus the Step sections became three, making the app more essential, but at the same time richer.

  • The Home section is dedicated to the Journey, and there you will always find your personal achievements and profile.
  • Missing the old features? You can find them all in the Hub. Here you can redeem steps, make forecasts and complete Quests also outside the Journey, in the order you want.
  • On the right hand side you will find ‘Explore‘, where you can read and view lots of new content by endlessly scrolling. Read market news, watch in-depth videos, or brush up on theory.

That’s all for now. In the meantime, we are excited to hear what you think of these new features. For our part, we will never stop improving Step by following the advice of the community and will accept all kinds of comments. 

The real journey? Building Step together, so that it may stay the most effective and fun way to learn about cryptocurrencies! 

Multinetwork: transfer your cryptos conveniently

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 to convert 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.

Even in December, card deposits cost you less!

Promo: Reduced Fees for November!

Following the success of Moonvember, we’ve decided to end the year with a bang! But what makes the Christmas month even more special? The fees for card deposits on Young Platform remain discounted, making the last purchases of the year incredibly convenient!

Reduced fees for card deposits

Also in December, Young Platform provides its users with a chance to take advantage of decreased deposit fees, enhancing the accessibility of purchasing and trading crypto.

Previously, card deposit fees on Young Platform stood at 2.2% + €0.25 as a fixed cost.

However, with this exclusive promotion, fees have been reduced to 1.89% + €0.25, resulting in substantial savings with each deposit you make on the platform.

How to make the most of this promotion

Following the notable surges in Uptober and Moonvember, it’s crucial to reassess your strategy as we enter the prolonged winter of the bear market and contemplate necessary adjustments. The ever-present menace of FOMO is well-known, so how can it be mitigated?

One approach is to employ tools that help us “switch off” these emotional responses, enabling more reasoned decision-making. An effective strategy is recurring purchases, which prevents hasty purchases driven by the fear of missing out on the following price swing or overreacting to market fluctuations.

With recurring purchases, you can establish a regular plan to set aside a percentage of your income in cryptocurrencies, averaging the purchase price over time. This approach helps to reduce the impact of immediate price variations and get the most value from your purchases in the long run. In other words, dollar-cost averaging helps you remain rational and disciplined in a highly volatile market, leveraging a well-considered long-term strategy.

The special discount on card deposit fees further enhances the benefits of creating a BTC Moneybox using this deposit method. If you’re already a member of a Club on Young Platform, you can even enjoy additional discounts.

The Perfect Christmas Gift 

This year, place something different under the Christmas tree: Young Platform’s gift cards. Your friends will have the opportunity to experience the cryptocurrency market firsthand and see how their purchases evolve. Who knows, they might discover a new passion or even become experts! And they don’t need to be a finance guru to get started: gift cards are a simple and safe way to take the first step in this world.

Giving a gift card means sharing an adventure in innovation and, who knows, maybe your friends will thank you in a few years for introducing them to this exciting reality. So, what do you say, ready to give a gift that could change how your friends view the financial world? What better opportunity than to take advantage of the discounts on card deposits?

Buy a Gift Card

The Halving Countdown Has Begun

Have you ever contemplated purchasing Bitcoin multiple times but consistently postponed it? Perhaps due to the concern that it might be too late? Now might be the opportune moment to take action. As Cameron Winklevoss, one of the renowned Winklevoss twins, aptly reminds us, “The window for acquiring Bitcoin before its integration into conventional exchanges is closing.” Cryptocurrencies, which have aroused institutional interest, are evolving into an increasingly intricate asset class offered by major banks and financial institutions.

This is why, amidst price rallies, the approaching halving event, and institutions knocking at the door, we’ve created this November promotion, offering you the chance to navigate this market phase with greater confidence and success.

Login Young Platform


New feature: convert small balances into YNG

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!

Club Benefit: Get up to 74% discount on NordVPN plans

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; and since we too are fans of online security and privacy, we thought NordVPN would be just the thing for Clubs.

What is NordVPN?

The function of a VPN (virtual private network) is usually to hide your IP address and allow you to surf in private mode, even on sites with geographical limitations.

NordVPN is a VPN that uses a network of servers all over the world: more than 5000 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, the password manager and encrypted file storage service, respectively.

In short, NordVPN has thought of everything: now you can surf carefree, having complete control over your data.

In all, 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 provides 3 packages: complete, plus and standard. For each of these you will see discounts already available on the official website. 

To these, the Young Platform Clubs add an additional cumulative discount, applicable to two-year plans only. 

Adding up the two promotions and including any extra months in the calculation gives this resulting discount:

  • Bronze and Silver: Up to –71% discount
  • Gold and Platinum: Up to –74% discount

How to apply the discount?

First, join a Club or upgrade to the most advantageous one with the Young Platform app.

  1. Visit this page
  2. Click on the “Get NordVPN” button
  3. Select the two-year plan, and choose the package you prefer
  4. Clicking on the button “Get [package]” takes you directly to the payment page
  5. Here, enter your email address
  6. Click on “Got a coupon?” 
  7. Enter the discount code received by email
  8. Check that the code has been accepted
  9. Select a payment method (yes, even cryptocurrencies are accepted!)
  10. Conclude payment

If you have any problems, you can contact NordVPN customer service at [email protected], and if you are not satisfied with the service, you can request a refund within 30 days.

Token YNG: 3rd Quarter 2023 Report

Token Young (YNG): updates and news Q1 2024

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. 

Join our Telegram channel!

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.

Explore our Discord server

X

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 of Elon 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!

Follow us on X

Fiscal Report

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 filing crypto 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.

A warm greeting from the Young Platform Team

Young Platform Community: new Telegram and WhatsApp channels

Young Platform Telegram and WhatsApp: the new channels

Two new spaces dedicated to the Young Platform community have arrived. Here are the new Telegram and WhatsApp channels

In August 2022, Young Platform’s official Discord server was launched and from then on we started using the Telegram group as just a channel. Today, due to the large number of malicious actors who are trying to scam our users, we have decided to create a new member space within the messaging app.

Why a new Telegram channel?

The main reason that led us to make this decision is related to the increase in reports of attempted scams against our users. As of today, malicious actors can view phone numbers and then contact members in private.

Young Platform’s new Telegram channel solves this problem. It is to all intents and purposes a channel (and not a group where admins are the only ones who can post) and so the username and phone number of the members are hidden. This way, nobody can contact them and trick them through practices such as phone phishing or smishing.

We would like to point out that the Telegram group you have been using to read the news, announcements and analyses up to now will be DEFINITELY CLOSED in a few weeks. We therefore invite you to join the new one, so that you can follow all updates safely.

Join the official Young Platform Telegram channel!

Not only Telegram but also WhatsApp

The messaging app recently introduced Whatsapp Communities. These are larger and more articulated discussion groups than those normally used to communicate with friends or family. This new type of channel allows administrators to connect related groups in one virtual place.

Young Platform’s WhatsApp group will, for now, serve the same purpose as the Telegram channel. It will only be one more option for those who want to stay up-to-date and will not be able to send messages but only read them. One more way to learn about all the news concerning our ecosystem and the crypto world.

Join our Whatsapp community!

Interact with us and other users on Discord!

The main space dedicated to our community will remain the official Young Platform Discord server, which has recently been completely redesigned. We want to focus the discussion on Discord because we believe it is the perfect place to encourage participation and dialogue between us and our users. 

The messaging app, thanks to the almost infinite number of integrations it allows, is perfect for architecting gamification logics that make the user experience more fun. If you haven’t joined our server yet, we recommend you do so, it’s worth it!

Explore our Discord server

What is spoofing? The meaning of this scam and how to protect yourself

All you need to know about phone spoofing: what is it and how to protect yourself from the growing scams

Knowing the meaning of phone spoofing is nowadays increasingly important to avoid falling for the scams of malicious attackers, who are constantly ready to steal personal data and money via technological tools. 

Fraud, unfortunately, is now the order of the day, and phones make things much easier for those who try to carry out such frauds. Phone spoofing falls right into this domain, so it’s crucial to clearly understand not only what it means, but above all how to protect yourself from such schemes and how to avoid running into them.

The meaning of telephone spoofing: what it is and types

Literally, the meaning of spoofing is connected to that of deception, cheating. With this type of attack, attackers impersonate another entity by falsifying data in order to gain an illegitimate advantage. This manipulation is based on the ability to deceive systems and users who are led (wrongly) to believe that they are communicating with a trusted source.

It is a technique that is widely used in more general phishing attacks, the ultimate goal of which is to obtain personal information, such as passwords, credit card numbers or financial details. 

To really understand the meaning of spoofing, however, a distinction must be made between the different types of attacks possible. In some cases, victims may receive classic messages on their phones in which the identity of the sender is concealed in order to appear legitimate (SMS spoofing). However, there is not only message spoofing, but also voice spoofing. Malicious attackers can in fact also change phone numbers when making calls to users.

Changing the sender’s numbers and name, by the way, is not such a difficult practice. There are even providers who offer this type of service because, basically, it is not considered illegal. It is only so when it is used to defraud users. Take for instance all those companies that need to send large-scale service messages to their customers and need to hide the sender’s number. In this case, the practice appears perfectly legitimate, whereas the meaning of spoofing changes, taking on a negative connotation when the process is generated to carry out malicious actions and scams. 

Then there is also e-mail spoofing, which, as the name suggests, takes place by sending e-mails. Also not to be forgotten is IP spoofing, with which fraudsters conceal the identity of a server by making the IP address of a host seemingly legitimate, or even DNS server spoofing, in which the compromise of the DNS (Domain Name Service) server results in a redirection to a malicious site. ARP spoofing must also necessarily be taken into account in order to protect oneself: in this case, forged ARP (Address Resolution Protocol) messages are sent by fraudsters.

Regardless of the type of approach adopted, all the various forms of spoofing share a fundamental element: they use trust as leverage to obtain or alter sensitive data, commit financial fraud, circumvent network access control mechanisms, and spread malicious software through malicious links and attachments.

How to protect yourself?

Identifying spoofing attacks has become increasingly difficult today and this is because, as already mentioned, falsifying the identity of senders is anything but difficult. This means that everyone should adopt sound and careful security practices. 

First of all, you should only visit official and notoriously secure sites (with HTTPS protocol). Then you should think carefully about every communication you receive (on any kind of channel), even when the sender seems absolutely trustworthy. 

You should then avoid entering your personal data too confidently and lightly without first having investigated the sender who is requesting that action, and you should obviously carefully analyse all links and attachments contained in received communications. A simple click on them, in fact, could have important repercussions for you. 

The use of strong and robust passwords is also highly recommended. You should avoid using common names that can be linked to you, or easily identifiable dates of birth, and construct highly customised keys that are difficult to find.

Keeping your attention high, therefore, is crucial, but it is not the only thing you can do to protect yourself against spoofing. You could, for instance, decide to use a VPN to make fraud attempts more difficult (hackers would find it difficult to decipher the data of users who have encrypted their traffic). Or you could evaluate services such as blocking cookies, offered for instance by NordVPN’s Threat Protection. You could also use classic antivirus software, which is able to identify attack attempts, and firewalls that can detect addresses outside the local network. 

As already stated at the beginning of this article, knowing the meaning of spoofing is more important than ever, as is keeping alert to the countless fraud attempts to which we are unfortunately now exposed. 

Young Platform takes strong security measures to ensure its reliability and does not ask its users for access credentials and other security codes.

Summer Boost: Top Up and Cash Out Easily

Enjoy 15 days of discounts at Young Platform: withdrawals, deposits and USDT-EUR trades

Summer is coming to an end and most people enjoy every last drop of relaxation, but you can play in advance and arrive prepared for September’s news.

That is why we have come up with a promotion that is a little different from the usual: Summer Boost, a springboard for diving back into everyday life.

Summer Boost: what is it?

The promotion starts on Thursday 24 August at 10:00 AM and ends on Thursday 7 September at 9:59 PM (UTC).

For 15 days, we’ll lower the costs for entering and exiting the crypto market: it will be cheaper to convert Euro into the USDT stablecoin to access decentralised applications or markets, or to convert the stablecoin obtained back into Euro.

The 3 advantages are for everyone:

  1. Card Deposits: you will receive a €5 bonus on the app to be used to pay the fees for a single card deposit.
    Club members who already enjoy the deposit benefit will receive this bonus in addition to their monthly bonus(es);
  1. Euro Withdrawals: fees for withdrawals by bank transfer are temporarily lowered from EUR 1.99 to EUR 0.99;
  2. USDT-EUR trades: fees for Tether USDT/Euro trades are temporarily halved, i.e. by 50% on Young Platform (on Pro it will not be activated).
    If you already have a discount on these fees, it is cumulative (not exceeding a total of -100%).

How does the deposit bonus work?

The discount on withdrawals and trades is automatic and lasts for all 15 days. The deposit bonus on the other hand is unique and may be a new concept for you if you are not a member of a Club. Here is how you receive it and how to use it.

You will receive it within the Bonus Wallet, a section of the Wallet that only appears when you receive a bonus for the first time. 

The bonus is valid for one deposit only, which must be made during the promotion days. If you use it to pay fees of less than 5€, the excess value will be lost.

The deposit methods to which you can apply it are:

  • Depositing by payment card
  • Depositing with Google Pay
  • Depositing with Apple Pay

Card deposits associated to recurring purchases are also included.  

The bonus is applied during the first deposit operation that you perform automatically. However, it is a cashback: this means that you will pay the fee during the transaction, but after the transaction is completed you will receive up to €5 back into your Euro Wallet, effectively relieving you of the deposit costs.

Time to get your crypto springboard ready. Want to jump even higher? Young Platform Clubs make trades and deposits even more convenient.