What is the difference between Coin and Token? A simplified explanation for beginners in crypto

One of the most frequently asked questions by beginners: What is the difference between Coin and Token?

Despite the similarity of the terms, the difference between them is fundamental in terms of structure and technology.

✅ What is a Coin?

A digital currency that has its own blockchain

Examples: Bitcoin (BTC), Ethereum (ETH), Solana (SOL)

✅ What is a Token?

A digital asset built on another blockchain network

Usually used in applications or projects

Examples: USDT and Uniswap (UNI) on the Ethereum network

✅ Main differences:

Element Coin Token

Own blockchain? Yes No

Network creation? Requires full building Built via smart contracts

Usage Payment, Mining Tool, Governance, Rewards

🔚 Summary:

Knowing the difference between Coin and Token helps you evaluate projects and deal with wallets and platforms.

📩 Did you distinguish between them before? Tell us about your experience.

#CryptoEducationNow #TokenVsCoin #BinanceLearn2Earn #BinanceSquareTalks