Young Platform
Turin-based crypto platform authorised by Consob and Banca d'Italia as a MiCAR CASP, with 80+ assets in regulated custody
Quick Overview
| Company | Young Platform S.p.A. |
|---|---|
| Category | Crypto Exchanges |
| Headquarters | Turin, Italy |
| Founded | 2018 |
| EU Presence | Yes - Italy (EU) |
| Data Location | Not stated on the pages we read |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | No |
| Main Features | 80+ assets in regulated custody, Young Platform Pro, DeFi wallet, account and card, exchange and execution of orders, portfolio management, YNG token |
| Pricing | See website (exchange fee page rendered client-side, not read) |
| Best For | Italian and EU users who want a MiCAR-authorised app with a card and a DeFi option |
| Replaces | Coinbase |
Detailed Review
Young Platform says it has served crypto users since 2018 and counts over two million people. Its home page combines crypto, an account and card, and a DeFi wallet in one app.
The footer states the services are provided by Young Platform S.p.A., Via F. Cigna 96/17, Turin, authorised by Consob and Banca d'Italia under Regulation (EU) 2023/1114.
Authorised services
The legal text lists the authorised services: custody and administration, exchange against funds and against other crypto-assets, order execution, placing, advice, portfolio management and transfer services. That is a wider list than many exchanges.
DeFi and token
The DeFi wallet gives access to returns produced by third-party protocols, and the page says plainly that DeFi is not covered by MiCA protections. Young Platform is also the issuer of the YNG utility token.
Pro interface
Young Platform Pro is described as an interface with lower fees, advanced charts and tools for active traders, available at a separate exchange address.
Limitations to Consider
Fees could not be read because the exchange fee page renders client-side, so no price is quoted. The custody offer of 80+ assets is much smaller than the 400+ at Bitvavo. DeFi returns are variable and sit outside MiCA protection, and the issuer of its own token is also the operator of the platform, which is a conflict to read about in the terms.
Who Should Use Young Platform
Italian-speaking and EU users who want a MiCAR-authorised provider plus a spending card and optional DeFi.
Pros and Cons
Pros
- Consob and Banca d'Italia authorisation stated
- Wide authorised service list
- Account and card in the same app
- Pro interface for active users
- Plain warning that DeFi is outside MiCA
Cons
- Fees not verified
- 80+ assets in custody
- Operator also issues the YNG token
- Hosting not stated
Alternatives to Young Platform
Other European crypto exchanges worth comparing before you decide:
Bitvavo
Netherlands · Euro exchange with 400+ assets and tiered fees
Finst
Netherlands · Flat 0.15% fee per trade with no added spread
Bitpanda
Austria · Crypto, stocks, ETFs and metals in one app
Coinfinity
Austria · Bitcoin platform with savings plans and Lightning
See all European crypto exchanges or compare them directly against Coinbase on our alternatives page.
Frequently Asked Questions
The footer says Young Platform S.p.A. is authorised by Consob and Banca d'Italia as a crypto-asset service provider under Regulation (EU) 2023/1114.
No. The home page states that DeFi services are not covered by the MiCA Regulation and do not benefit from its protections.
The home page says over 80 assets are held in regulated custody.