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Axie Infinity (AXS) lands on Young Platform!

Axie Infinity (AXS) listing on Young Platform

AXS, the token for playing and earning on Axie Infinity, is now available on the Young Platform exchange.

Gaming is one of the branches of the blockchain industry that is contributing to the popularity and spread of cryptocurrencies. One of the most popular and widely used video games on blockchain by gamers around the world is Axie Infinity, a play-to-earn Metaverse launched in 2018 that earns AXS through challenges and quests. You can now purchase the AXS token on Young Platform and Young Platform Pro!

What is Axie Infinity?

Axie Infinity is a blockchain game that uses the Ethereum infrastructure. The way it works is very similar to video games where you receive “gold” for completing specific actions, but in the case of Axie Infinity the tokens obtained are cryptocurrencies and their value does not just limit itself to within the game dynamics.

The protagonists of the Axie Infinity games are the Axies, fantasy-like NFT monsters that live in the Lunacia universe. In order to take part in the game experiences in the Metaverse, you must have at least one Axie. Axies must be bred and can fight each other in Arenas, with most player rewards coming from the success of these two actions. 

What is AXS?

AXS is one of the two tokens on which the internal economy of Axie Infinity is based, its name stands for “Axie Infinity Shards”. The second token in the Metaverse is called Smooth Love Potion (SLP), both of which are ERC-20 tokens. 

AXS is the “glue” that holds all members of the Axie Infinity community together, it can be used for staking, in-game payments and to participate in project governance by proposing updates or improvements. Axie Infinity players earn AXS as rewards for completed missions and reuse them to maintain their Axies. 

Why did we choose AXS?

On Axie Infinity you can also experiment with a range of decentralised finance services. In fact, the original intent of its developers was to bring people closer to DeFi through a fun platform. An educational mission that we at Young Platform fully share! With Axie Infinity you can try your hand at staking, decentralised NFT lending and the mechanics of a real DAO. 

Which pairs are available for AXS?

  • EUR-AXS

Want to know more?

Read the Academy article dedicated to Axie Infinity!

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5 curiosities that make Fantom a unique DeFi platform

5 interesting facts about Fantom

What metaverse and NFTs are on Fantom? Why is it linked to Cronje? What is its logo doing on F1 circuits? Find out 5 interesting facts about Fantom!

FTM, the Fantom token, is now available on Young Platform! Surely you’ve already heard about it, this blockchain platform is one of the most widely used for the provision of DeFi services, but are you sure you know everything about it? Certainly its “spooky” branding doesn’t go unnoticed, between emoji of ghosts and the reference to the musical “The Phantom of the Opera,” the developers who use Fantom indulge in metaphors and creepy names. One example? The BOO token from Spookyswap, the dapp Tomb Finance and the NFTs from Fantums of Opera. But the FTM ecosystem doesn’t only hide horror easter eggs, here are 5 interesting facts about Fantom!

1. Andre Cronje’s history with Fantom

A simple search on Google or Twitter shows that Fantom is often associated with the name Andre Cronje. But who is Andre Cronje? And most importantly, why is he so important to Fantom? Cronje is one of the most prolific developers in the DeFi industry, creating several protocols and dapps that have helped shape the current image of DeFi and Web3. Cronje has become a crypto star because of his coding skills but also because of his repeated “rage quitting” over DeFi (after the last one a few months ago, in the past few days he broke his silence by talking about the need for crypto regulation). His most famous creations are Yearn Finance and Keep3r, but Cronje has also contributed to the development of other protocols such as Fantom. The developer worked on Fantom from 2018 to 2022 as a technical advisor and as chairman of the Fantom Foundation Technology Council. His imprint was decisive and his prestige in the DeFi field attracted the trust of many people who became Fantom supporters.

After Cronje’s farewell, Fantom suffered in terms of popularity and TVL decline, but DeFi is not made by individual developers. The team has continued to work, gaining deserved success!

2. Fantom cradle of Metaverse

When designing a Metaverse on blockchain you have to take into account all the transactions that need to be processed by all the active users, and Fantom has all the makings of a platform loved by Metaverse developers: it’s fast, scalable and cheap! 8BIT Nostalgia is one of the Metaverse on Fantom, essentially an interactive 3D space that can be explored by avatars sold as NFTs. On 8BIT there are game areas and arenas where users can come together to chat and design new features. 8BIT is expanding through various collaborations, for example owners of the ADAPunks collection on Cardano will be able to use their skins on Fantom as well. As the name implies, the atmosphere of 8BIT is very nostalgic. You can’t help but shed a tear when you think back to Pokemon Perla on Nintendo DS!

Another Metaverse on Fantom is Pod Town, which is distinguishing itself by building a solid in-game economy. Pod Town is integrating a number of DeFi services that allow players to manage and monitor their in-game assets and wallets. The third noteworthy project is Slothtopia, this Metaverse on Fantom is developing a 3D virtual world compatible with VR. 

3. A strong team

Fantom works with the crème de la crème of Web3. In fact, among the protocols integrated into the blockchain platform are Chainlink, The Graph and Ankr. In detail, Fantom works with Chainlink to ‘build secure and scalable DeFi products such as decentralised stablecoins, lending protocols and synthetic assets’. Developers using Fantom’s infrastructure can freely access Chainlink’s oracles to combine and compare on-chain and off-chain data from trusted sources. The Graph, on the other hand, comes in handy when one wants to consult information from different blockchains, information that can be useful for developing and offering cross-chain solutions. With The Graph, Fantom has found the solution to interoperability problems. Finally, Fantom uses the API and development tools of the Ankr protocol.

4. Book your holidays with Fantom

Among the five facts about Fantom, there is an initiative that makes people dream about holidays. In 2020, Fantom started a partnership with Travala.com, the leading cryptocurrency travel booking platform active since 2017. Thanks to this partnership, people can directly use their FTMs on Travala to book hotels, houses, flights, tours and various activities. The Travala project aims to make the travel industry cheaper, fairer and more inclusive, those who use FTM for payments will be able to save over 40% (compared to other classic online travel agencies) and be able to choose from 2 million properties and 600 airlines. 

5. Speed champions agree: Fantom and F1

Fantom has signed two agreements to sponsor Formula 1 projects. In 2021, the partnership with the Italian team Scuderia Alpha Tauri was announced, with the Fantom logo appearing on the car, helmets and drivers’ overalls. 

Since March 2022, the Fantom brand has also been present on the equipment of Pietro and Enzo Fittipaldi, the two F1 drivers also known as the Fittipaldi Brothers. In addition to the sponsorship, the two brothers have chosen Fantom as the platform to create their first NFT collection. “My brother and I have been interested in the cryptocurrency space for some time, we are fascinated by the potential it has to inspire financial freedom and the tools for athletes to engage with their fans,” commented Pietro Fittipaldi.

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Fantom (FTM) lands on Young Platform!

fantom

From today, FTM – the token of Fantom, a scalable platform suitable for designing dapps – is available on the Young Platform exchange

Yet another Ethereum Killer? Fantom aims to be much more! Its unique consensus mechanism guarantees speed and scalability. Discover FTM, the new cryptocurrency on Young Platform! 

What is Fantom?

Fantom is a blockchain platform ideal for developing any kind of dapp. Its network consists of a main layer, called Opera, and many independent satellite chains linked to each other and to the “mother” layer, whose security and speed they exploit. Fantom is therefore a multichain, modular and interoperable network. On Fantom, you can build customised chains and dapps for any requirement. The strength of this blockchain is its scalability and speed, with Fantom processing more than 10,000 transactions per second. 

Fantom has been operational since 2019 and is designed as an alternative to Ethereum. Opera’s consensus mechanism is called Lachesis and it combines Proof-of-Stake with DAG. This optimises the recording of information by the network nodes and, by eliminating irrelevant data, speeds up the processes of the entire system. 

What is FTM?

FTM is Fantom’s native coin and has several functions. FTM is used for staking, which ensures the functioning of the blockchain itself, and to manage the governance of the project. In general, FTM is used to make transactions, pay network fees and use all DeFi services offered by the ecosystem. From NFT “minting” to yield farming operations.

Why did we choose FTM?

Fantom’s network is constantly expanding thanks to the numerous projects that choose it as their basic infrastructure and ecosystem. There are currently more than 200 dapps active on Fantom, including Solidly – created by Andre Cronje, the legendary “godfather” of DeFi – and Stader, which allows liquid staking of FTM. In general, Fantom hosts several state-of-the-art solutions in the field of decentralised finance. 

Which pairs are available for FTM?

  • FTM-EUR
  • FTM-USDT

Want to know more?

Read the Academy article on Fantom!

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Amounts for Card Deposits have increased

The maximum amount allowed to deposit by credit or debit card on Young Platform has changed.

How does the card deposit work?

Depositing by credit, debit or prepaid card via Visa or Mastercard is a deposit method only available in Italy for cards issued in Italy.

This is one of the instant credit methods, along with Satispay. Instant transfer and cash recharge can take up to 15/30 minutes.

What changed?

You can now deposit up to €1500 in a single card transaction, instead of €250.

Within a 7-day period, you can deposit up to a maximum total of €3000 by card, while there is no longer a daily limit.

In the case of Cards, these limits apply to all Account Levels without distinction, whether you have only completed the Level 1 identity verification, or the following.

In fact, it is only in the case of Bank Transfers that limits depend on Account Levels.
You can consult the limits and fees for other deposit methods on this page.

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Ankr (ANKR) lands on Young Platform Pro!

Ankr is the protocol that makes Web3 accessible to everyone. Now its ANKR token is available on Young Platform Pro!

The Ankr protocol has many features and is suitable for those who want to develop and explore the potential of Web3 and DeFi. This Young Platform Pro listing takes you on a tour of its native token: ANKR. 

What is Ankr?

Ankr is a protocol that started in 2017 as a decentralised cloud computing network (DCCN). However, today its uses have multiplied, in particular, Ankr aims to facilitate the use and development of Web3 with different blockchains. Ankr’s flagship service is related to the opening of nodes in a network. Thanks to Ankr, the barriers to becoming a node are reduced and the creation of business models, applications and strategies based on staking or validation is facilitated.

Ankr offers a range of APIs and development tools for programming on all major Layer 1 and Layer 2 blockchains.

A more specific Ankr solution is staking. With Ankr it is possible to become a staking provider by simply offering one’s own computational power to Ethereum nodes, or staking as a user with only 0.5 ETH and receiving rewards in aETH, a token tradable on Uniswap. This solution stems from the need to make participation in Ethereum 2.0’s Proof-of-Stake more accessible, which requires at least 32 ETH to be blocked.

This mechanism also applies to other staking protocols, whereby Ankr makes it possible to obtain rewards from tokens used in staking and at the same time be able to use them, through so-called “liquid staking“.

What is ANKR?

ANKR is the utility token and governance token of the protocol. It can be used with both the Ethereum standard, ERC-20, and BEP-20, the BNB Chain standard.

Its utility in the network is transactional, in fact it is the payment currency that users need to access services offered by providers in the decentralised network. The token can also be staked to contribute to the network and/or receive rewards. Ankr also has a DAO, in which any ANKR owner can participate to support the decentralised governance of the project.

Why have we chosen ANKR?

Ankr offers a reference infrastructure to DeFi users, dapp developers and professional stakers alike. It thus manages to overcome the current limitations of blockchain and make it accessible, without sacrificing decentralisation. 

Chandler Song, along with two fellow UC Berkeley students, decided to found Ankr following his experience at Amazon Web Services (AWS), with the aim of decentralising cloud computing. But Ankr has not limited itself to this and has been able to adapt to the new technological demands of the rapidly changing market, developing solutions for Web3. 

Pairs available?

  • ANKR-EUR
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Comment reconnaître un Bitcoiner en 6 mèmes

Bitcoin : comment reconnaître les fans en 6 mèmes

Les dictons sont nombreux chez les adeptes du Bitcoin et reflètent la communauté des fans de Satoshi Nakamoto. Découvrez les principaux !

Il y a ceux qui possèdent des bitcoins pour diversifier leurs portefeuilles, et il y a ceux qui en possèdent parce qu’ils croient au concept, et puis il y a les fameux maximalistes qui voient l’or numérique comme la seule vraie monnaie. Les Bitcoiners les plus avides suivent une philosophie bien précise, dans la lignée du whitepaper publié en 2008 qui a tout déclenché. Pour simplifier les concepts les plus importants, au fil des années, la communauté a utilisé des idiomes qui peuvent sembler étranges à ceux qui se sont récemment aventurés dans la blockchain. Découvre comment reconnaître un fan en 6 mèmes !

Les chiffres grimpent

Le premier dicton largement utilisé est « number go up » et fait référence à la nature déflationniste du Bitcoin. Habituellement, les monnaies fiduciaires sont inflationnistes et perdent donc de la valeur avec le temps. Le Bitcoin, en revanche, a un maximum de 21 millions de pièces. Lorsque ce nombre sera atteint, plus aucune pièce ne pourra être « émise » ! Number go up fait donc référence à la valeur du Bitcoin qui, selon une théorie née sur les réseaux sociaux, aurait tendance à augmenter sur le long terme. En particulier quand le marché est en baisse, les bitcoiners se consolent ainsi en se répétant « number go up » et en s’encourageant ! L’avenir du Bitcoin en dépend-il vraiment ?

Le Bitcoin règle cela

Tu n’aimes pas le système économique actuel ? Tu détestes le fait que ton compte bancaire perde de la valeur même si tu ne dépenses rien ? Le Bitcoin peut y remédier ! Cet idiome est largement utilisé par les Bitcoiners qui tentent de faire comprendre à leurs amis le potentiel de la blockchain. Les passionnés de Bitcoin, en fait, croient que les crypto-monnaies sont le seul moyen de « réparer » le système économique actuel. La monnaie fiduciaire ? Vade retro !

Analyse les chiffres, fais les calculs

Le grand avantage de la blockchain est que chacun peut contribuer au développement des plateformes décentralisées, et surtout chacun peut vérifier que les transactions sont correctes ! « Fais le calcul » est très similaire à l’autre principe de base de la crypto, à savoir DYOR. Les organismes centralisés ne sont plus dignes de confiance, quelque chose ne va pas ? Toi, l’utilisateur, disposes des outils pour t’assurer que tout fonctionne correctement ! Et si la communauté travaille ensemble, alors un système décentralisé devient plus sûr qu’un coffre-fort !

Je suis dans les Bitcoins pour la technologie

Qui a dit que le Bitcoin n’était qu’une monnaie ? La blockchain a apporté d’innombrables innovations dans de nombreux domaines, et promet de continuer à le faire à l’avenir. Dès lors, si le prix du Bitcoin baisse, il est facile de reconnaître un fan : il te dira sûrement qu’il possède la crypto non pas à cause de son prix sur le marché, mais à cause de sa vraie valeur, la technologie. 

Peu de gens le comprennent

Pour un Bitcoiner, le Bitcoin n’est pas qu’une monnaie mais une véritable révolution. Et, comme on le dit souvent sur les réseaux sociaux, peu le comprennent ! En effet, il est difficile de penser que les crypto-monnaies puissent changer radicalement le système financier tel que nous le connaissons, composé de monnaies fiduciaires, de géants et d’institutions financières centralisées.

Pourtant, l’esprit d’un Bitcoiner est toujours projeté vers l’avenir. S’il est impossible de prédire les politiques économiques des États et des banques, la politique économique du Bitcoin est écrite dans son whitepaper depuis 2008, et reste immuable. Donc, si un de tes amis t’explique tous les avantages de la blockchain, prépare-toi à rejoindre le club des « rares personnes » qui comprennent le potentiel du Bitcoin !

Taux d’accumulation

Si tu crains qu’il ne soit trop tard pour acheter du Bitcoin, ne t’en fais pas, les vrais fans sont toujours ouverts aux nouveaux arrivants ! Même si un Bitcoin vaut aujourd’hui plus de 30 000 dollars, ne baisse pas les bras, tu peux aussi te contenter d’en acheter juste un « morceau » ! Un satoshi équivaut à 0,00000001 BTC et est la plus petite unité de division possible d’un Bitcoin. Même si tu ne peux pas te permettre d’acheter un Bitcoin complet, tu as encore le temps d’accumuler des satoshis ! Le nom dérive évidemment du célèbre Satoshi Nakamoto, à qui la communauté a voulu rendre hommage en donnant son nom à la « petite monnaie » du Bitcoin.

Tu sais maintenant comment reconnaître un fan de Bitcoin ! Es-tu d’accord avec ces mèmes ? Ou peut-être te sents-tu plus proche de la façon de penser de l’équipe Ethereum ? Le challenge entre Bitcoiner et Etherean est toujours ouvert !

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Kusama (KSM) lands on Young Platform!

kusama

New listing on Young Platform! Here is KSM, the token of Kusama, the blockchain for those who want to test the Web3

From the developers of Polkadot, from the co-founder of Ethereum, from the technology of the Web3 Foundation, here’s Kusama! From today on Young Platform you can buy KSM, the token of the blockchain known as a sandbox for developers of decentralised projects.

What is Kusama?

Kusama is a blockchain born in 2016 as an experimental version of Polkadot. The goal of its developers was to have a network with a token that was actually on the market in order to test dapps or updates, and then to bring them to Polkadot. It is precisely because of this testing function that Kusama is called a “canary network”, referring to the scouting role of canaries used by miners to detect harmful gases in mines. 

Although it is independent of Polkadot, Kusama shares its basic code and, like Polkadot, is defined as a Layer 0 blockchain on which to build parachains and parathreads. Compared to Polkadot, Kusama is a lighter and faster blockchain designed for the development of decentralised projects.

What is KSM?

KSM is the native token of the Kusama blockchain. The KSM token is mainly used for staking on which the blockchain’s consensus mechanism, the Nominated Proof-of-Stake, is based. According to this mechanism, block validators are appointed based on the amount of KSM being staked. The token is also used to vote on network governance and to connect parachains and parathreads to Layer 0.

Why have we chosen KSM?

Like Polkadot, Kusama focuses on a key feature of Web 3.0 blockchains, namely interoperability. Together the two chains form an ecosystem focused on scalable and secure technology development. In fact, Kusama is perfect for experimenting with the potential of Polkadot in a cheap and fast way. Kusama is much more flexible and sets less strict rules for developers. Once you are fully operational on Kusama, you can get going on Polkadot!

Which pairs are available for KSM?

  • KSM-EUR

Want to know more?

Read the Kusama Academy article out tonight!

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The Graph (GRT) lands on Young Platform!

the graph

The secret weapon of all dapp developers? The Graph, the protocol that makes data on the blockchain quickly available. Now on Young Platform!

GRT, the token utility of The Graph, the protocol that encourages and facilitates the creation of dapps for Web3, is now available on the Young Platform exchange. 

What is The Graph?

The Graph is an open-source protocol to collect and make accessible blockchain data in a decentralised manner. One of the strengths of the blockchain is that the information circulating between blocks is public, however, even if this data is accessible to everyone, retrieving it can be complicated. There are two ways to find a piece of data on the blockchain, the first is to look through the entire history of the chain (a very long process), the second is to use blockchain explorers. These tools, however, such as Etherscan, are software owned by companies, centralised entities that require a licence. The third way is The Graph, called by many the “Google of blockchain“. 

The Graph works as an index for the Web3, it is a registry of ordered and easily findable data active since December 2020. Why is it so useful to have this kind of data at hand? Because developers can use it to build performing and complex decentralised applications. The Graph protocol was created with the aim of facilitating their work: companies using The Graph make their data, their APIs and their programming tools readily available. In this way, data useful to other apps is decentralised and easy to find, which makes the apps faster and therefore more user-friendly. 

What is GRT?

GRT is the utility token of The Graph. GRT is an ERC-20 token, built on Ethereum, which will be used for governance and in the internal economy of The Graph. 

The collection of information and its organisation is the work of different players: there are indexers who index the data or curators who select the most significant data. But also delegators, fishermen and arbitrators. They are incentivised to do their job better through rewards in GRT. On the other hand, users who want to access the data collected by The Graph pay fees in GRT. 

Why have we chosen GRT?

The Graph is a crucial tool for building a decentralised version of the internet, where information is the building block, the essential base from which to build. The Web3 needs resources like these that encourage all those who have an idea and want to implement it on blockchain. There are already many dapps using The Graph’s protocol, including Decentraland, Uniswap, Sushiswap and ENS. 

Available pairs?

  • GRT-EUR
  • GRT-USDT

Want to know more?

Read the Academy article on The Graph!

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Algorand (ALGO) lands on Young Platform!

Algorand ALGO arriva su Young Platform

From today on Young Platform and Young Platform Pro, you can buy ALGO, the Algorand token, the environmentally friendly and scalable blockchain.

Young Platform’s exchange welcomes ALGO! If you’re not already familiar with Algorand and all its features, this listing is the perfect opportunity to find out if it’s the blockchain for you!  

What is Algorand?

To understand what Algorand’s blockchain is made of, we can focus on two concepts: decentralised finance and the scientific study of blockchain. The first aspect tells about its main applications, in fact, more than 600 global organisations use Algorand’s tools to offer financial services or protocols and dapp for DeFi, decentralised finance. 

The second describes a distinctive approach of Algorand, namely its close ties with universities and academia. The blockchain team is made up of leading research figures and Algorand’s founder, Silvio Micali, won the Turing Award in 2012 for his studies on cryptography. 

Algorand is also an environmentally friendly blockchain, its consensus mechanism, the Pure Proof-of-Stake, requires a reduced amount of energy and in general, Algorand is committed to zero environmental impact. 

What is ALGO?

ALGO is Algorand’s native token and has huge importance in the working mechanisms of the blockchain and its services. First, all Algorand nodes must have staked a certain amount of ALGO to validate transactions, which is the first major function of the token. What is ALGO also used for? To pay network fees and hosted protocol services, and participate in blockchain governance. 

Why have we chosen ALGO?

Algorand has been chosen by many fintech companies, start-ups and institutions as a technology base on which to build their projects. Since it also involves centralised institutions, it seems to be a bridge between classic and decentralised finance. By connecting these two worlds, each with its own needs, Algorand is the right place to build innovations. Moreover, the enormous growth of this blockchain is supported by its community, which ensures that everything is in line with Algorand’s long-term vision of the future of finance. 

Available pairs?

ALGO-EUR

Want to know more?

Read the Academy article dedicated to Algorand!

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7 rules to secure your cryptos on Young Platform

sicurezza young platform

Security is very important to Young Platform, which is why we create content and features to help you properly guard your cryptocurrencies.

We’ve put together this handy checklist to help you make sure you’ve completed all the necessary steps to secure your Young Platform account. If you don’t know how to do this, the guides will explain all the steps in a simple way.

Your Security Checklist

1.  A unique, complex and hard-to-guess password

Scegli una password non legata in nessun modo alle tue informazioni personali, come ad Choose a password that is not linked in any way to your personal information, such as your date of birth or your children’s names. Also, use a unique password that you don’t use for other accounts. Read the guide.

2.  2-factor authentication

2-factor authentication is one of the most robust security systems we have today for managing our accounts on the internet. If you haven’t set it up yet, go to the Guide.

3.  Set up a PIN or FaceID

Make your account even more secure by setting your Face ID or PIN to access the Young Platform app. If you don’t know how to set it up, follow the simple steps in this Guide.

Be wary of people calling you on the phone!

4. Never give your credentials to anyone!

No member of the Young Platform Team will ever call you on your mobile phone to ask for your login credentials or any security code and most importantly, will never ask you to perform a transaction during the call.

5. Don’t trust anyone who calls you on your mobile and asks you to send them your cryptocurrencies!

No member of the Young Platform Team will ever call you on your mobile phone and ask you to send money to an external wallet address.

6. 3rd level identity verification

Only in case you apply for Level 3 Verification or higher, a Young Platform Team member may call you to complete the process together with an interview. Again, under no circumstances will you be asked to move money or your cryptocurrencies.

7. If you have any doubts, ask the Team for support now!

If you have any suspicions or concerns, before you make any withdrawals from your account and send your cryptocurrencies to someone you don’t know, open a support ticket. Our team will help you immediately.

Dive deeper on the Academy