Activate a Moneybox on Young Platform

The 'Moneybox' feature on Young Platform allows you to accumulate cryptocurrencies periodically, averaging risk and price through recurring purchases. 

This guide will explain how to set up and manage your Moneybox and recurring purchases.

Setting up a Moneybox

1. Access the Moneybox section:
   • From the main menu of Young Platform, select 'Moneybox'.
2. View and create new Moneyboxes:
   • Check out the performances by clicking on Sample the Moneyboxes'.
   • To create a new Moneybox, return to the previous screen and click + New Moneybox.
3. Types of Moneyboxes available:
   • The Curated Bundle: based on a predefined cryptocurrency theme.
   • The Bespoke Bundle: customisable with cryptocurrencies of your choice.
   • Single cryptocurrency Moneybox: dedicated to a single cryptocurrency.

Limits and specifications of Moneyboxes

• The Single Coin Bundle: 1 for each available cryptocurrency.
• The Curated Bundle: 1 per type.
• The Bespoke Bundle: No limit.
• Number of cryptocurrencies in The Bespoke Bundle: 2 to 5.

Creating a Curated Bundle

1. Access the Moneyboxes section.
2. Click on '+ New Moneybox'.
3. Select 'The Curated Bundle'.
4. Choose the theme of the Moneybox.
5. Select the percentages for each cryptocurrency.
6. Note the minimum amount required.
7. Choose the frequency of recurring purchases.
8. Select the payment method.
9. Enter the amount of the recurring purchase.
10. Press 'Preview Moneybox' and check the details.
11. Press 'Create Moneybox' to confirm.
12. The first transaction will be carried out at the same time as the Moneybox is activated and then repeated. 

Creating a Bespoke Bundle

1. Access the Moneyboxes section.
2. Click on '+ New Moneybox'.
3. Select 'The Bespoke Bundle'.
4. Choose the cryptocurrencies to be included.
5. Click on 'Set Distribution'.
6. Select the percentages for each cryptocurrency.
7. Note the minimum amount required.
8. Choose the frequency of recurring purchases.
9. Select the payment method.
10. Enter the amount of the recurring purchase.
11. Press 'Preview Moneybox' and check the details.
12. Press 'Create Moneybox' to confirm.
13. The first transaction will be carried out at the same time as the Moneybox is activated and then repeated. 

Creating a Single Coin Bundle

1. Access the Moneyboxes section.
2. Click on '+ New Moneybox'.
3. Select 'Single cryptocurrency Moneybox'.
4. Choose the cryptocurrency to be included.
5. Choose the frequency of recurring purchases.
6. Select the payment method.
7. Enter the amount of the recurring purchase.
8. Press 'Preview Moneybox' and check the details.
9. Press 'Create Moneybox' to confirm.
10. The first transaction will be carried out at the same time as the Moneybox is activated and then repeated. 

Payment Management

• Methods of Payment:
  • Young Platform's EUR portfolio.
  • Payment card.
• Minimum Amounts:
  • The Single Coin Bundle: 20€
  • The Curated Bundle: 25€
  • The Bespoke Bundle: Variable according to the cryptocurrencies chosen.
• Maximum amount: 250€ per single or recurring purchase.

Changing and closing the Moneybox

To edit or close a Moneybox: 

1. Access the Moneyboxes section.
2. Click on the active one you wish to edit or close.

• Modification of recurring purchases:
  • Scroll down the screen and use the button to deactivate/reactivate the recurring purchase.
• Adding or removing cryptocurrencies:
  • Use the 'Transfer' button on the Moneybox page.
• Closing a Moneybox:
  • Deactivate recurring purchases and click on the 'Close' icon.
• Consequences of closure:
  • Cryptocurrencies will be moved to the Main Wallet.