What’s the Difference Between a Coin and a Token?
Many people confuse these two, but the difference is simple:
Coin = native to its own blockchain
Examples: Bitcoin (BTC), Ethereum (ETH), BNB
Token = built on an existing blockchain
Examples: USDT (on Ethereum), UNI (on Ethereum), CAKE (on BNB Chain)
Knowing the difference helps you understand utility, transfers, and how DeFi works!
