Cryptocurrency conversion on Young Platform allows you to exchange a certain amount of one cryptocurrency for the equivalent in another. This is useful for diversifying your portfolio or taking advantage of market opportunities. Below are the steps to correctly perform the conversion.
Convert from app
- Access the conversion order settings
- Home Page: click the Convert button on the platform's home page.
- Market or Portfolio: in these sections, you can find the same button on the individual crypto pages.
- Select currencies for conversion
- Currency: in the left-hand column, select the cryptocurrency you want to convert.
- Purchase currency: In the right-hand column, choose the cryptocurrency you want to convert your sales currency into
- Enter the amount to be converted
- Availability: you will see the availability of coins for both the cryptocurrency you own and the one you want to convert it into if you already have it in your wallet.
- Amount: enter the amount of cryptocurrency you wish to convert. The euro countervalue will be shown below.
- Check the order preview
- Data entered: In the preview screen, review all information entered, including the cryptocurrency to be converted, the exchange rate, the quantity to be sold, and the total in euros.
- Confirmation: ensure that all data is correct.
- Complete the Conversion
- Click on Convert Now to finalise the conversion operation.
To view the transaction, see the history of the newly traded cryptocurrency in the Wallet section.
Convert from Web
The process for converting between cryptocurrencies via the web exchange is similar to that of the mobile app. However, on the web, the conversion can be performed directly using the Exchange panel on the home page's right-hand side.
Here is how to proceed:
- Use the exchange panel on the right-hand side of the platform home.
- Click the Convert button within the exchange panel to start the conversion procedure.
Not all cryptocurrencies can be converted into each other. You can find the full list of exchangeable currency pairs at the bottom of this page, which also includes information about the fees. The available pairs can be selected from the Young Platform Exchange panel.
Make sure you always enter the minimum amount - check the table at the bottom of this page for details.