Day4B
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🟡 Day 4B – Understanding Coin vs. Token
Coin vs. Token: What’s the Real Difference?
🔍 Beginner’s Crypto Lesson
In the crypto world, not all digital assets are the same. Two key types exist: Coins and Tokens.
Coins are built on their own blockchain. Examples include Bitcoin (BTC) on the Bitcoin network or BNB on the BNB Chain. These are primarily used as digital money — for payments, storing value, or fueling the native network.
Tokens are created on top of existing blockchains. For instance, Shiba Inu (SHIB) and Chainlink (LINK) are Ethereum-based tokens. Tokens serve unique functions like accessing platforms, governing DeFi apps, gaming rewards, or even owning NFTs.
🎓 Why This Matters:
Knowing whether an asset is a coin or token helps you understand its purpose, technology, and use case — an essential step before making smart trades or investments on Binance.
✅ Your Action Step Today:
Open Binance → Choose any 3 crypto assets → Check if they are:
Coins (on their own blockchain), or
Tokens (hosted on another chain).
📢 Call To Action:
No more confusion — you now speak the crypto language!
👉 Coming Tomorrow: Day 5A — Learn how to buy your first crypto the right way.
@Trade_Pulse
#CryptoWithBinance #Day4B
$BTC
Coin vs. Token: What’s the Real Difference?
🔍 Beginner’s Crypto Lesson
In the crypto world, not all digital assets are the same. Two key types exist: Coins and Tokens.
Coins are built on their own blockchain. Examples include Bitcoin (BTC) on the Bitcoin network or BNB on the BNB Chain. These are primarily used as digital money — for payments, storing value, or fueling the native network.
Tokens are created on top of existing blockchains. For instance, Shiba Inu (SHIB) and Chainlink (LINK) are Ethereum-based tokens. Tokens serve unique functions like accessing platforms, governing DeFi apps, gaming rewards, or even owning NFTs.
🎓 Why This Matters:
Knowing whether an asset is a coin or token helps you understand its purpose, technology, and use case — an essential step before making smart trades or investments on Binance.
✅ Your Action Step Today:
Open Binance → Choose any 3 crypto assets → Check if they are:
Coins (on their own blockchain), or
Tokens (hosted on another chain).
📢 Call To Action:
No more confusion — you now speak the crypto language!
👉 Coming Tomorrow: Day 5A — Learn how to buy your first crypto the right way.
@Trade_Pulse
#CryptoWithBinance #Day4B
$BTC
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