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🔥 Coin vs Token
🔍Imagine the blockchain is like a country.
A coin is the official currency of that country – like the Rupee in India 🇮🇳 or the Dollar in the USA 💵.
Example: Bitcoin (BTC) is the native coin of the Bitcoin blockchain.
A token is like a coupon or metro card issued inside that country – it works for a specific service or purpose, but not everywhere.
Example: SHIB or USDT are tokens on Ethereum, but not the main currency of the chain.
🧠 So the simple truth is:
Coins = Backbone of a blockchain 🪙
Tokens = Tools built on top of a blockchain 🔧
➡️ Why does it matter? Because when you know the difference, you start to see which projects build ecosystems, and which ones just live in them.
💬 Do you own more coins or tokens? Let’s talk in the comments 👇
#CryptoEducation #coinvstoken #BinanceSquare #CryptoForBeginners #LearnAndEarn
$BTC
$SHIB
$ETH
🔍Imagine the blockchain is like a country.
A coin is the official currency of that country – like the Rupee in India 🇮🇳 or the Dollar in the USA 💵.
Example: Bitcoin (BTC) is the native coin of the Bitcoin blockchain.
A token is like a coupon or metro card issued inside that country – it works for a specific service or purpose, but not everywhere.
Example: SHIB or USDT are tokens on Ethereum, but not the main currency of the chain.
🧠 So the simple truth is:
Coins = Backbone of a blockchain 🪙
Tokens = Tools built on top of a blockchain 🔧
➡️ Why does it matter? Because when you know the difference, you start to see which projects build ecosystems, and which ones just live in them.
💬 Do you own more coins or tokens? Let’s talk in the comments 👇
#CryptoEducation #coinvstoken #BinanceSquare #CryptoForBeginners #LearnAndEarn
$BTC
$SHIB
$ETH
Coin vs Token
A lot of beginners confuse these two!
Coins (like BTC or ETH) run on their own blockchains.
Tokens are built on top of blockchains like Ethereum or BNB Chain and are used within specific projects.
Tip: Before investing, always know what you’re buying!
#BinanceWriteToEarn
#CryptoBasics
#CoinVsToken
#Binance
#CryptoEducation
Coins (like BTC or ETH) run on their own blockchains.
Tokens are built on top of blockchains like Ethereum or BNB Chain and are used within specific projects.
Tip: Before investing, always know what you’re buying!
#BinanceWriteToEarn
#CryptoBasics
#CoinVsToken
#Binance
#CryptoEducation
2 - What is the Difference Between a “Coin” and a “Token”?
When you start learning about crypto, you’ll often hear the terms coin and token. Although they’re both digital assets, they’re not the same.
🔹 What is a Coin?
A coin is commonly used as an alternative expression for cryptocurrencies that run on their own native blockchain (Distributed Ledger Technology – DLT).
✅ Examples:
Bitcoin (BTC) – runs on the Bitcoin blockchainEthereum (ETH) – runs on the Ethereum blockchainBNB – runs on BNB Chain
🔸 What is a Token?
Tokens are cryptocurrencies that are created and accounted for in existing DLT systems. They often represent:
💰 Units of value (e.g. stablecoins like USDT)🎟️ Usage rights (e.g. governance tokens)🧾 Ownership of assets (e.g. NFTs or real-world asset tokens)
Tokens usually run on top of another blockchain, most commonly Ethereum.
✅ Examples:
USDT, LINK, UNI – run on EthereumCAKE – runs on BNB Chain
🧠 Key takeaway:
A coin is the “native currency” of a blockchain.A token is a “passenger” that rides on another blockchain.
References:
https://academy.binance.com/en/articles/crypto-tokens-vs-coinshttps://ethereum.org/en/developers/docs/tokens/
#CryptoEducation #CoinVsToken #BlockchainBasics #LearnCrypto
#CryptoForBeginners $BTC $ETH $BNB
🔹 What is a Coin?
A coin is commonly used as an alternative expression for cryptocurrencies that run on their own native blockchain (Distributed Ledger Technology – DLT).
✅ Examples:
Bitcoin (BTC) – runs on the Bitcoin blockchainEthereum (ETH) – runs on the Ethereum blockchainBNB – runs on BNB Chain
🔸 What is a Token?
Tokens are cryptocurrencies that are created and accounted for in existing DLT systems. They often represent:
💰 Units of value (e.g. stablecoins like USDT)🎟️ Usage rights (e.g. governance tokens)🧾 Ownership of assets (e.g. NFTs or real-world asset tokens)
Tokens usually run on top of another blockchain, most commonly Ethereum.
✅ Examples:
USDT, LINK, UNI – run on EthereumCAKE – runs on BNB Chain
🧠 Key takeaway:
A coin is the “native currency” of a blockchain.A token is a “passenger” that rides on another blockchain.
References:
https://academy.binance.com/en/articles/crypto-tokens-vs-coinshttps://ethereum.org/en/developers/docs/tokens/
#CryptoEducation #CoinVsToken #BlockchainBasics #LearnCrypto
#CryptoForBeginners $BTC $ETH $BNB
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