š Crypto Education Post #4 ā āWhatās the Difference Between Coins and Tokens?ā
> š” Crypto Coins vs Tokens ā Whatās the Difference?
šŖ Coins:
Coins are native to their own blockchain.
Think of them like the āmain currencyā of a network.
š¹ Examples:
⢠Bitcoin (BTC) ā Bitcoin blockchain
⢠Ether (ETH) ā Ethereum blockchain
⢠BNB ā BNB Chain
š¦ Tokens:
Tokens are built on top of an existing blockchain.
They usually represent something ā like a project, utility, or even a stablecoin.
š¹ Examples:
⢠USDT, UNI, LINK ā All tokens on Ethereum
⢠SHIB ā Token on Ethereum
⢠CAKE ā Token on BNB Chain
ā
Simple Rule:
If it runs on its own blockchain, itās a coin.
If it runs on another blockchain, itās a token.
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