Young Platform Blog

What is Young Platform Step and how does it work? Discover the app that lets you learn all about the crypto world by playing!

With Young Platform Step you can discover what the crypto world is and how it works in the easiest and most fun way: collect experience points and level up to get the YNG token! 

But what is it? It’s the token of the Young Platform ecosystem, with real value in the market. On Step you can set aside your first YNG tokens and get lots of free resources to learn the basics of the crypto world, step by step!

How does a blockchain work? What is Bitcoin for? What are NFTs? Step gets down to business and answers all your questions, simply and clearly. But it doesn’t end there! Once you’ve got your first YNGs, you can transfer them to the Young Platform exchange where you can take advantage of the crypto industry’s leading services with an extra edge. So find out what Young Platform Step is and how it works and all the games available!

What games are there on Step?

There are several features on the app to gain experience points (XP) and level up. Let’s see what each Young Platform Step game is and how it works:

1. Quests

In the Step Home, you can find Quests related to each feature, each with a different colour. Quests allow you to earn experience points every day: check the deadline, and use the features to complete them and redeem XP.

2. Claim

Young Platform Step counts all your steps (if connected to Google Fit or Health). In the ‘Step’ section, with the ‘Claim’ button, you can redeem and accumulate them to participate in the step quests in the Home (you recognise them because they are the ones in yellow). The fuchsia quests, on the other hand, do not count steps but all the times you redeem them. Remember to redeem the steps every time you accumulate 4,000 steps, otherwise the count will stop.

3. Rankings 

In the ‘Steps’ section of the app you will find step rankings! The challenge is to beat other users in the community at who can accumulate the most steps in an interval of time. You can join an existing ranking or create one: each one has a limited duration and number of places. To participate, you have to pay a small share of your YNG and the sum of the shares of all participants will be distributed to the winners. Furthermore, the more rankings you win, the more you progress in the blue quests.

4. Quizzes

On Young Platform Step, in the Education section, you can learn everything about the crypto world, from the basics to the more advanced aspects thanks to specific Young Platform Academy articles divided into 6 categories:

• Blockchain to learn what the underlying cryptocurrency technology is and how it works;
• Cryptoeconomics to discover the specific features and characteristics of the crypto economy;
• Cryptocurrencies to delve into which are the main ones on the market, from their tokenomics to their uses; 
• Crypto Heroes to get up close and personal with the protagonists of the crypto world, from Vitalik Buterin to the mysterious Satoshi Nakamoto;
• Easy Economics to explore basic economic concepts;
• Trading to learn about the theory and practice of this activity.

But how does it work and what is Education on Young Platform Step? Simple: each article is associated with a quiz that allows you to gain XP if you guess the correct answers. NB: To take the quiz, you have to spend one life and are given 5 lives by default. 

When you run out of lives, you can recover them by waiting for the indicated time, or by watching one of the advertising videos, or even with the Unlimited lives boost (explained below).

Step is also your one-stop shop for the latest news and updates from the crypto world, selected for you day by day directly from the Young Platform Blog.

4. Up&Down

In the Up&Down section you can try to guess whether the price of a crypto will go down (down) or up (up) by choosing a time interval between 3, 6 or 12 hours. 

Every time you place a forecast you consume a life, like for Quizzes.

For each right forecast you gain XP, the wider the time interval you choose, the greater the number of XP. 

Step counts all your correct forecasts advancing in the green quests. Put your market knowledge to the test!

What is Unlimited Lives and how does it work?

On Young Platform Step the Unlimited Lives is the life boost that allows you not to lose any lives for 1 hour. You can then use it to do more than 5 Quizzes or more than 5 Forecasts in a row. 

To get it, just go to the top bar where the lives icon is, click on it and select ‘Get unlimited lives’ to buy it for 1YNG.

Alternatively, you can obtain it upon reaching certain Levels: check when you’ll receive Unlimited lives by selecting the Level icon in the top bar and clicking on ‘Show Levels’.

Once you have the boost, you have to redeem it to activate it and use it.

The Marketplace

On Young Platform Step you can also find the Marketplace, which allows you to receive cashback in YNG of up to 20% on purchases from selected shops such as Nike, Guess or Decathlon. 

The Profile

Your progress is easily visible in the top bar of the app, but if you enter your Profile it’s a whole different story. Your Level, Available Lives, YNG received and XP accumulated are easily viewable, and over time your personal section will become more and more detailed and full of victories. Choose from the Avatars available to customise your profile!

How to transfer YNG to Young Platform

Here’s what Step is and how it works: by playing and levelling up you get your first YNGs, which will accompany you into the real crypto market.

So, once you’ve completed your levels and obtained the minimum amount of YNG, you can transfer them to the Young Platform app and get benefits by joining Clubs or use them for buying and selling. Young Platform is in fact an exchange where you can buy and sell major cryptocurrencies. To transfer YNG from Step to the exchange you need to link the two accounts, complete a minimum deposit of 20 Euro and a minimum crypto trade of 20 Euro. The next day you can create a gift card from Step and send the tokens to Young Platform. You can find the process explained in detail here.

To learn more about what Young Platform Step is and how it works, check out all the dedicated Support Guides.

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YNG token transfer is instant and free with Gift Cards!

To transfer the YNGs obtained with Step to Young Platform, simply create a Gift Card to be redeemed on the exchange.

Gift Card creation and redemption are immediate, so you will have your tokens immediately available in your wallet balance, with no waiting time.

How to transfer YNG?

First of all, consider the amounts allowed:

• The minimum amount for each transfer is 45 YNG (lowered to 5 YNG from 12 July to 9 September 2023)
• The maximum amount per transfer is YNG 125 in 30 days.

If it is your first transfer, follow these steps on Young Platform, otherwise skip to the operations to do on Step.

Start with Young Platform:

• Create an account and verify your identity;
• Go to the Profile, under ‘Connections’ link your Step account;
• Make a minimum deposit of €20 (in Euros);
• Make a first cryptocurrency purchase, for a minimum amount of €20; 
• After completing these mandatory steps, it will be possible to request the first transfer of YNGs.

Now back to Step:

• Log in to Step and click on your YNG balance visible in the top bar;
• Select ‘Transfer’;
• Continue with the procedure;
• Choose the amount of YNG to be transferred;
• Confirm sending;
• Select ‘Open Young Platform’ to redeem the Gift Card automatically;
• You will immediately receive the tokens on the Exchange Wallet

If you do not click on ‘Open Young Platform’ or do not redeem the gift card immediately, you can do so later manually:

• Log in to Step and click on your YNG balance visible in the top bar;
• Select ‘Transfer’;
• Under ‘Your Gift Cards’ click on the last one created
• Press ‘Redeem on Young Platform’.

Finally, remember that it is only possible to transfer YNG from one Step account and only to a linked Young Platform account.

Any doubts? Read the complete guide!

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The guide to inviting your friends on Young Platform Step and getting rewards

Did you know that Young Platform Step has a referral program? Invite friends and acquaintances to the app and receive rewards for helping to expand the beautiful Step community. Here’s everything you need to know!

How to invite friends to Step?

Start on the Step homepage: here you will find quests, rewards and finally the ‘Invite your friends’ section:

• Press the ‘Invite’ button;
• An explanation page will open, where you will then find the ongoing and completed invitations;
• Press the ‘Invite your friends’ button to proceed;
• Choose how to send the invitation message and to whom;
• Once you have sent the link to download Step, you can check the status of the invitation on the invitation page, as indicated above;
• The invited friend will have to download Step, register and make at least one step claim;
• After that the Invitation will be completed and you will receive 1YNG.

Invite friends: how to get the rewards

On Young Platform Step, the invite friends feature requires some extra care in order to secure the rewards. Indeed, you can only receive YNG if the invitee successfully completes the obligatory actions, but some details are also up to you.

Here are two important points:

1. Before you start, make sure you have updated Step to the latest version available on the Store
2. Tell your friend to click on the invitation link both to download Step from the store and after installing it, before signing up.

Important: If the invitee does not click on the invitation link again after the installation of Step, the invitation will not be detected and consequently you will not receive the reward!

How to ensure that the link was used for signup? 

If the invitee has signed up via the link, the invitation will appear pending. If, on the other hand, it does not appear in the list within the app, it means that they did not use the link correctly.

What to do if the invitee has signed up, but the invitation does not appear in your history?

If you can, stop your friend so that they do not accumulate unnecessary experience on the app. In any case, send them the link again, tell them to follow it and sign up with a different email. 

When the invitation appears as pending, the invitee can start making claims and consequently the Invitation will be marked as completed and you will get your YNG.

How come the invitee signs up correctly but the invitation is not tracked anyway? 

If these indications do not work, the only explanation is the following: some devices do not support invitation tracking, e.g. Android devices that do not support Play Services or have a custom ROM. 

That’s all for this guide: log in to Young Platform Step now and invite your friends to share your successes!

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Step Quests are a series of objectives to challenge yourself and earn experience points (XP) so you can level up

The quests are immediately visible on the Step homepage, thanks to their bright colors.

They all generally have the same basic mechanism: progress is tracked automatically based on the actions you take on the app, and they all have a deadline after which progress is reset.

To see how much time you have left to complete a quest, tap on it and the countdown will appear. Once 100% complete, tap on it again to redeem XPs.

However, you will notice different colours: these are associated with the different actions required to complete each quest. Let’s see what this means!

Collect XP by walking

The yellow, fuchsia and blue quests allow you to gain XPs by walking. The great thing is that the same steps that move you up the Rankings help you progress through the quests and vice versa. Actions are also cumulative between quests: you can manage the claims you make to complete as many quests as possible in combination!

Yellow Quests

To complete this type of quest, you must make the claim of the indicated amount of steps.

Example: To complete the first 5000 step quest, you can either make claims of 4000 steps+1000 steps or you can make 4 claims of 1500 steps and so on. It is recommended to always make claims after 1500 steps in order to avoid recalculations that could prevent redemption.

20,000 steps in less than a day is not for everyone. Will you make it?

Fuchsia quests 

To complete this type of quest, you must tap the claim button as many times as indicated.

Can you really make 10 claims in 7 hours? We’ll see!

Blue quests

The colour of the sky is associated with quests on the Rankings: the more you win, the more XP you gain.

What can we say, if you win five in four days you will be our Hero!

Collect XP with Up&Down

Walking is so exhausting! Let’s take a break and check the markets.

With the Green quests you can really put your predictive skills to good use: if you are lucky or an expert in technical analysis, you will climb the levels in no time. Will you be able to complete the ‘Analyst’ quest as well?

It doesn’t matter what currency, it doesn’t matter how you get your predictions right, as long as you win, Step gives you more XP!

These are all the quests on Step: start now and challenge your limits!

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With the ‘Up&Down’ game on Young Platform Step you can make forecasts on the cryptocurrency market without spending a penny

With Young Platform Step you learn so much more than theory! You also have the opportunity to test your skills on the market without actually having to buy every time. 

So choose a cryptocurrency and examine its trend: will the price go up or down? Make your choice, wait for it and if you are right, you receive experience points (XP) to level up. 

Discover the 3 steps to play Up&Down on Step!

Choose a cryptocurrency

You have at your disposal some of the most interesting coins on the market:

• Bitcoin (BTC)
• Ethereum (ETH)
• Cardano (ADA)
• Polkadot (DOT)
• Ripple (XRP)
• Solana (SOL)

Choose between UP and DOWN

Once you have chosen a currency, you can consult its market data in detail: the current price and the percentage change in price over 24h are previewed. 

Then there is the linear or candlestick chart, over no less than 5 periods: 6 hours, 1 day, 1 week, 1 month and 1 year.

As you scroll down you will see the Stats, which will show your wins on that coin, and how the rest of the community is currently forecasting, i.e. the percentage of UP or DOWN predictions currently being made.

You can use this information in two ways: you can either blindly follow your mates hoping that their predictions are accurate (beware of the herding effect) or you can consider it just one of several confirmations needed to decide the trend.

In any case, you have nothing to lose: you can try as many times as you want to hone your instincts, and if the going gets tough, start studying!

Academy is packed with material on technical analysis used by traders. It doesn’t hurt to keep up with the news either: our Blog is perfect for staying on the pulse every day about the events that move the cryptocurrency market.

Make the forecast

Have you decided whether the crypto will go UP or DOWN?

Press one of the two buttons, then choose the duration. The duration indicates after how long the prediction will expire, which is the same time you will see whether the coin went UP or DOWN.

Example: It is 9 a.m. and BTC is at 20,000. I choose UP and select 3 hours. If at 12 noon BTC is worth more than €20,000, I win!

By tapping the ‘Forecast’ button and confirming, you will lose a life and the prediction will begin.

If you run out of lives you can wait for them to recharge, or watch a video advertisement if available, or purchase Unlimited Lives. With unlimited lives you can play both Quizzes and Up&Down freely without using up lives for 1 hour.

Time’s up! A notification will tell you the outcome of the prediction: if you have won, you will receive a number of experience points that varies according to the selected Duration. If the price did not change instead or if it went against your expectations, you will not receive XP.

Before you run off to play, remember: you can only make 2 predictions at the same time.

All clear, it’s time to discover Up&Down on Step!

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