Young Platform review

Trading is charged at a taker fee of 0.3%, a little above the site median of 0.2%. Taking coins off the exchange costs 2 EUR per withdrawal, so frequent moves add up. Staking on the balance is the main way to soften those costs.

It trades under Italian oversight, listed as a MiCAR crypto-asset service provider with Consob and Banca d'Italia, plus a payment services registration. The full list sits under Consob and Banca d'Italia (MiCAR Crypto Asset Service Provider), Organismo Agenti e Mediatori (OAM), payment services agent of TPPay S.p.A. and Commissione Nazionale per le Societa e la Borsa (CONSOB), and the MiCA licence number is MiCA CASP 815600F1E30AAB016171.

Custody here is custodial, so the exchange holds the keys to balances on the account rather than you holding them. It runs as a cex, which means an account rather than a connection to your own wallet. Proof of reserves is not provided.

Deposits run through card, bank and apple pay, which is the full set of methods the exchange names. Bank transfer is the most common method across the brands compared here, at 92.5%. SEPA and ACH are not among card, bank and apple pay.

The exchange lists 46 coins, which places it 102 out of 172 brands on this list and below the site median of 62. For a much longer list, Bitpanda is worth a look, with a range that starts at from 650.

Staking is part of the account, listed in custodial and staking alongside the custodial model, so coins can earn without leaving the platform. Derivatives are not offered, so there is no separate leveraged product to weigh up here.

Support runs on help centre and community, so answers come from the help centre or the community rather than a live agent. No phone line is listed, which matters if a withdrawal is stuck or a payment is blocked and you want a person.

It fits Italian residents who want a straightforward place to buy and hold coins, funded through card, bank and apple pay. The entity behind the platform is YOUNG PLATFORM S.P.A., based in Italy and trading since 2019, so anyone comfortable with a custodial account will find it familiar.