Young Platform

Buy the YNG token to claim Cashback and advantages

AP
Anna Perozzi

4 min

YNG Token: 3 reasons to buy it now

A preview for the community: the Young Token (YNG) for sale with exclusive benefits

A new chapter in the history of the YNG token starts here: YNG will be launched on the 31st of May 2022*! Yes, Young Platform is ready to take the plunge and introduce its token to the entire crypto world. All signs point to market listing, so raise your hand if you guessed right! What does “entering the free market” mean for YNG? It will be able to be bought, sold and transferred on any exchange and blockchain that supports it.

Young Platform wants to celebrate this milestone first and foremost with our users, so before the official listing there will be a special Community Sale where you can buy YNG with exclusive benefits. The Community Sale starts today, Tuesday 10th May and ends on Tuesday 24th May. Check out all the details and bargains waiting for you!

What do I need to know about the YNG token before I buy it?

  • It’s an ERC-20 token, so it’s compatible with the entire Ethereum ecosystem (also Layer2)
  • It’s a utility token, i.e. it is designed solely to have utility within the Young Platform ecosystem. It does not represent shares in the company.
  • Until the 31st of May* it will not be possible to sell YNG

Take advantage of the fixed price of the YNG token

The first opportunity you should not miss is the chance to buy YNG at its fixed price of 0.24€. The Community Sale will be the last time the price of YNG will remain unchanged, after listing and entering the market, the price of YNG will start to fluctuate according to supply and demand. To make it very simple: the less people sell and the more people buy, the higher the price – conversely, the less people buy and the more people sell, the lower the price.

You know what the beauty of it is? These people are you. It’s you and the community that determines the performance of YNG, the same people who have the opportunity to buy it in advance. It’s safe to say that YNG is a community-driven token!

What are the advantages of buying YNG before 24 May?

Bargains are not limited to the fixed price. Your support during this milestone for Young Platform is very important, and we want to reward it as it deserves. Here are the 3 great advantages of participating now (expires 24 May):

  • YNG will keep its fixed price at 0.24€. 
  • Commissions on the purchase of YNG will be reduced to zero.
  • If you buy more than 200€ of YNG you will receive Cashback in YNG

How does Cashback work?

If you purchase the YNG Token between the 10th and 24th of May, you will receive a percentage of YNG in Cashback based on the amount you purchased in Euros.

This offer is valid for all: those who signed up a while ago as well as new users.

YNG Token: 3 reasons to buy it now

From the minimum purchase amount of 10€, up to 199€, you will not receive cashback.

The cashback obtained will be credited immediately to your Young Wallet (YNG), within the “Locked YNG” section.

The cashback in YNG will be blocked for 90 days, i.e. it cannot be sold or transferred for 90 days, after which it must be manually unlocked..

For every single purchase you make, you will see a cashback blocked in this section on the exchange, each with its own clearly marked expiry date.

For all details, check the dedicated FAQ!

Fixes prices, zero commissions and cashback: this phase is the perfect opportunity to get the most out of your favourite crypto exchange.

The launch on the crypto market is a momentous step in Young Platform’s history. YNG was first distributed through an Airdrop on Step in 2018, with over 1 million YNG issued to the initial community during the first year. From 2020, onwards YNG could be bought and sold at a fixed price on the Young Platform exchange, and this introduced its first utility: providing a discount on buying and selling commissions.

With the launch of its token in the market, Young Platform becomes a full-fledged crypto ecosystem. And YNG is the key that unlocks its full potential. Are you ready to invade the crypto sky with us, in a flock of early adopters?

*Dates may be subject to change because of delays caused by third parties involved in the process.

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