WHAT ARE THE TYPES of cryptos

there's two types which are coins and tokens

❤️COIN

These have their own independent blockchains.

Created for transferring value or acting as the main currency of that blockchain.

Examples:

Bitcoin (BTC) — operates on the Bitcoin blockchain.

Ether (ETH) — operates on the Ethereum blockchain.

Binance Coin (BNB) — operates on the Binance Smart Chain

🔵 2️⃣ Tokens

These do not have their own blockchain. Instead, they're built on top of existing blockchains.

Created using smart contracts (e.g., Ethereum ERC‑20, BSC BEP‑20).

Examples:

USDT (Tether) — a stablecoin token on the Ethereum blockchain.

UNI (Uniswap) — a governance token built on Ethereum.

SHIB (Shiba Inu) — a meme token on Ethereum

💡 Summary:

✅ Coins = Have their own blockchain.

✅ Tokens = Created on an existing blockchain.

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