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Crystal Token – Virtual Staking Program for Smart Investments

Sanchit Ameria



Crystal Token - Transforming the world with AI
Source: CrystalToken

Crystal Token, a revolutionary virtual staking program aims at providing its customers with a stable consistent income. Crystal Token plans on creating a gateway that can achieve its goal with the help of rich features available on its platform.

The company believes that the major problems that eventually led to the close down of lending platforms are long-term capital release, hidden business models, vertical management, single trading bot strategy, lack of constant customer rewards and limited ability to spend the token. To overcome these problems they are taking some revolutionary steps and are offering transparency, reliability and sustainability.

The platform has its very own dedicated bot which carries out the trading of cryptocurrencies automatically. Once the performance of the trading bot is evaluated, the platform will be offering automatic multi-currency trading to all customers by investing Crystal Token on their own platform.

The trading bot will be enabled to implement the automated Trailing Stop technique. This technique is well-known in the traditional financial markets, it follows the price action of a specific asset, keeps it when the price value increases and sells when it decreases more than a specific percentage and thereby minimizing the loss.

The platform will eventually have an innovative internal exchange which is based on the time window platform. Users will be able to buy and sell CYL [Crystal Token] and ETH within a time window and it eradicates the need of specifying the desired price. The platform assures that the price of the token will continuously oscillate until the end of the time window set purely on the basis of demand and offer.

Crystal Token will be taking one step ahead by involving artificial intelligence and machine learning techniques. With the help of time series data and textual news, the artificial neural network models, tree-based models and time-series forecasting models are created which in turn will be used to predict the market oscillations of cryptocurrencies.

With a combination of machine learning techniques and pure trading techniques, suggestions will be presented to all the users on which coin to invest in and the right time to invest in it and prevent the users from taking the wrong decision.

The token has laid down an illustrious plan of creating a marketplace where the users can make use of the token’s debit card and splurge their money in local or offline shops which will be present to all its customers in due time.

Crystal Token will also be offering its users ‘Trading as a Service’ feature which allows users to trade multi-currencies on various exchange platforms with the help of the trading bot and the token. In addition, users can also monitor trading transactions in real time on various exchange platforms after setting up their API keys for the various platforms. Users will be exempted from any fees related to the ‘Trading as a Service’ feature if they reinvest their profits in their program.

The Virtual Staking Program is designed for customers who are looking for a constant passive income source. Customers are provided with 3 different range of investments and each plan has an increasing benefit. The percentage of interest can even go up to 2% daily which depends solely on the market volatility and the trading operations.

The Virtual Staking Program is based on two different tokens: CYL token [Crystal token], the main token backed by ERC20, will be sold during the ICO, exchangeable for ETH and can be used to open a virtual staking contract; VCYL token, a virtual token which will be used to pay daily interests and referral bonuses, it can be converted to CYL at the current market price.

The AMBCrypto team reached out to the team to ask them some key questions about their token.

Question: How is Crystal Token planning on building and maintaining trust while remaining anonymous?

Answer: We are devoted to the community and we will put our best effort to succeed, building up a reputation with facts rather than names and faces, which absolutely do not guarantee the good outcome of the project. Although every ICO is risky, we believe that our whitepaper is rather detailed and unique, and we also detail our proposed trading algorithms in the dedicated Trading leaflet on our website.

Our platform has been built from scratch and it is already functional. From this point of view, we have worked for months before approaching the market, differently than many other ICOs that collected funds and put people on hold.

These facts should guarantee that our team truly has the expertise mentioned in the whitepaper and that the realization of what is mentioned in our roadmap is feasible. Our anonymity will be maintained until we have valid reasons to believe that revealing our identity will not constitute a risk for the continuity of the service.

Question: Why do you think it is the right time to start including AI and machine learning in your platform and how exactly do you believe that it will change the way of trading?

Answer: We had the opportunity to experiment the algorithms mentioned in our “Trading” leaflet in the context of research projects involving real-time data of different nature, and we obtained outstanding results. We believe that, given the high volatility of cryptocurrencies, using exclusively indicators as buy and sell signals or simple forecasting models, is seriously limiting in terms of profitability.

We have reasons to believe that coupling trading signals with volume analysis, sentiment analysis and ensemble learning techniques, will have the potential to allow for a much more accurate analysis and perform trades which consider many aspects at once, thus being more robust to the highly dynamic behavior of cryptocurrency time series.

Question: In the white paper, it’s mentioned that lack of constant customer reward is one of the biggest hindrances for a platform, how are you planning on tackling the same?

Answer: We totally believe in rewarding customers, especially those who support the project since the beginning. We are working daily to guarantee a number of rewards to early investors in our ICO. For instance:

  1. Random prizes at each ICO rounds, worth thousands of free CYL tokens
  2. Early access to our trading-as-a-service feature
  3. Lower fees in the exchange
  4. Exclusive promotional rates in our Virtual Staking program
  5. Access to a lower token price: Our exchange bot will work to protect our ICO investors and to sustain the price
  6. Early access to the marketplace
  7. Early access to debit cards

Question: What is the unique feature Crystal Token is offering its customers that haven’t been put forth in the market yet?

Answer: We believe that our platform offers different key features which makes it a valuable product in the market. In particular:

  1. Virtual Staking platform: The first platform proposing a staking program with a meta-currency tied to Ethereum
  2. AI-Driven Multi-Currency Trading Bot: it will be designed to guarantee the necessary income to guarantee the sustainability of the platform;
  3. Trading-as-a-service feature: It will allow us to become a utility token for smart investments exploiting advanced trading techniques;
  4. Time Window Based Exchange: A novel exchange model with automated strategies to sustain the price without compromising users freedom in trading;
  5. Community-driven platform: We will continuously add new features and every initiative will be tailored to the community. We continuously propose polls when any decision concerning the platform is required.

To know more about Crystal Token: Click Here!

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A part-time contributor at AMBCrypto, Sanchit is a IIM, Indore graduate with interests in the blockchain and cryptocurrency technology. His work has been published by Indian Commerce Magazine and a couple of other local publications. Sanchit currently does not hold any value in any cryptocurrencies or projects.

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Bitcoin’s divisibility and transportability make it much more flexible than digital gold





Bitcoin's divisibility and transportability make it much more flexible than digital gold
Source: Unsplash

Andreas Antonopoulos, the author of Mastering Bitcoin and a Bitcoin proponent, spoke about Bitcoin as a digital currency and whether it would be limited to being just that, in his latest Q&A session on Youtube.

The author was asked about the possibility of Bitcoin becoming the world’s reserve currency, a digital gold and whether other cryptocurrencies would be used as a day-to-day currency. To which, he said:

“I don’t know. I think it would surprise me, actually, if Bitcoin could only fit into the niche of ‘digital gold.’ Bitcoin has characteristics of divisibility and transportability that make it… much more flexible than digital gold.”

Antonopoulos stated that gold is not a good medium of exchanges, because of the difficulty related to verifying whether it is real. He also stated that the store of value is “heavy to carry”, adding that the more one tries to make it fungible and divides it into smaller pieces, the harder it gets to verify its authenticity. According to him, verifying gold in larger amounts, which are stamped by reputable third parties, is easier.

“Then the cost of storing and securing gold is so high that it is better done in a custodial manner, where you put it in a vault and have professionals guarding it. You [are left] with a little paper certificate [of ownership], which have other problems like hypothecation. [All of this] makes it difficult to use [gold] directly as a medium of exchange.”

This was followed by the author remarking that these problems are not prevalent in Bitcoin, even though there is “greater complexity” when it comes to securing the cryptocurrency. He went on to say that this would cause some pressure towards third-party custodians, however, if that pressure is going to be lesser in comparison to the current system, it would still be a “more decentralized future”.

“The ability to transport bitcoin very quickly, in very small amounts [or very large amounts], [including] with second-layer networks that are even faster [and smaller] at the level of microtransactions”

Moreover, the Bitcoin proponent thinks that Bitcoin could be a “very effective” medium of exchange and store of value, adding that the volatility would decrease through use and volume, wherein the currency would not be witnessing a major price fluctuation making it “less speculative in nature”.

“That doesn’t mean there won’t be other coins which [are used] for everyday currency. I think there will be [others]. I don’t think Bitcoin will be just digital gold. It may become a world reserve currency, but I think the concept of a unitary world reserve currency [would] no longer be relevant.”

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Bitcoin [BTC/USD] Technical Analysis: Cryptocurrency fails to climb on the bull after price stays locked down

Akash Anand



Bitcoin [BTC/USD] Technical Analysis: Cryptocurrency fails to climb the bull after price stay locked down
Source: Unsplash

The cryptocurrency market’s bearish woes do not seem to have waned with several popular coins seeing a continuous price downturn. Bitcoin [BTC], XRP, and Ethereum [ETH] have only enjoyed sporadic bullish spikes with a definite control being exerted by the bear.


The one-hour BTC chart shows the gradual drop in prices. The support has been holding at $3214.17 while the resistance is maintained at $4160.21. The recent downtrend took the prices down from $3558.58 to $3367.97.

The Relative Strength Index shows a slight spike towards the overbought zone. This means that the buying pressure is increasing slightly more than the selling pressure.

The Bollinger band shows a clear divergence with the upper band and the lower band indicating an imminent sideways price movement.

The Parabolic SAR has been predominantly bearish with the markers staying above the markers. At the time, the SAR indicators were below the price candles which is a bullish sign.


The one-day chart for Bitcoin does not paint a better picture for the cryptocurrency with no uptrends in sight. The long-term support has been holding at3346.6 while the recent downtrend saw the price fall from $6262.97 to $3408.

The MACD indicator shows the MACD line and the signal line moving as a conjoined pair. Other than the bearish dip, the MACD histogram has been undergoing a lull.

The Chaikin Money Flow indicator is just below the zero line, which is a sign of the money flowing out of the market being more than the money coming into the market.


The above-mentioned indicators all point to an extended bear run with the prices still being clamped below the $4000 mark. With the year coming to a close, the predicted bull run does not seem to be occurring anytime soon.

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