Day 5: Coin vs Token

Coins run on their own blockchains (e.g., BTC, ETH).

Tokens are built on top of other blockchains (e.g., USDT on Ethereum).

Example:

BNB is a coin, but CAKE is a token on the BNB Chain.$BNB

BNBUSDT

Trajne ter. pog.

604.4

+1.99%

$CAKE

CAKEUSDT

Trajne ter. pog.

1.4304

+2.31%

$ETH

ETHUSDT

Trajne ter. pog.

2,132.74

+3.94%

#Write2Earn #CryptoTerms