#TokenListing #BTCvsMarkets #CryptoMarketCapBackTo$3T #BinanceHODLerHYPER
In the world of crypto, the terms coin and token are often used interchangeably—but they’re not the same.
A coin is native to its own blockchain. Think Bitcoin (BTC) on the Bitcoin blockchain or Ether (ETH) on Ethereum. Coins are primarily used as a form of digital money.
A token, on the other hand, is built on an existing blockchain. For example, Chainlink (LINK) is an ERC-20 token on Ethereum. Tokens can represent anything—from ownership in a project to access rights in a decentralized app.
Key takeaway:
Coins = native currency of a blockchain
Tokens = built on top of a blockchain, used for utility, governance, or assets
Knowing the difference can help you better navigate the crypto space.