Smart Trades Activation Guide
Smart Trades is a powerful tool available exclusively through the Young Platform app. It allows you to automate your trading strategies. Follow this step-by-step guide to activate your first Smart Trade.
Throughout March, Smart Trades will be available exclusively to Club members.
Activation and Monitoring
Step 1: Accessing the Smart Trade Section
- Start the app: make sure you have the app updated to the latest version.
- Click on the Smart Trade section at the bottom right of the screen.
- You can also scroll to the middle of the app's main page (Home) and click on the 'Automatic Trading' banner.
Step 2: Choose your Smart Trade
- You will see the list of available Smart Trades on the new screen.
- Each is presented with details such as supported cryptocurrencies, frequency, expected ROI, and other helpful information. Read the guide to learn how to navigate the choices.
- After evaluating the available options, click on the Smart Trade you are interested in and the 'Start Now' button to proceed to configuration.
Step 3: Set up and activate your Smart Trade
- Funds required: If you need more funds in your wallet, you will be asked to deposit. You can deposit funds by bank transfer or other available methods.
- Enter the amount: In the configuration phase, enter the amount you wish to allocate in the Smart Trade. You can enter the amount in euros or the specified cryptocurrency. Use the percentages to assign a part of your available budget quickly.
- Summary and Terms: You will be redirected to the summary screen. Here, you can review strategy details, order frequency, and the amount entered. Read and accept the terms and conditions to finalise your Smart Trade activation.
- After setting the amount, your principal will be converted into Tether (USDT) (the stablecoin used for Smart Trades), and you will be ready to confirm the activation.
Step 4: Managing and Monitoring Your Smart Trade
- Monitoring: See the dedicated guide to learn how to monitor the performance of your Smart Trade.
- Increasing the budget: you can increase the budget of an active Smart Trade at any time by navigating to the active strategies section and selecting 'Add funds' in the detail screen. If you need to learn how to get to this screen, follow the steps described to monitor profits and losses on Smart Trades.
- Additional support: Please contact Young Platform customer service for further details or assistance.
Cancellation
Remember that you can interrupt a Smart Trade anytime through the app. This flexibility allows you to adapt your strategies to market fluctuations or changes in your market exposure preferences.
Activation of new Smart Trade
Joining a Club is essential to unlocking the full potential of Smart Trades on the Young Platform. Club membership gives you access to various additional strategies and allows you to activate more than one Smart Trade at a time. If you are not currently a member of any Club, you will only be able to activate one Smart Trade. In this guide, you can take a look at extra strategies that can be activated thanks to Clubs.