The difference between Coin and Token in a simplified way:
In the crypto world, many people confuse the terms Coin and Token, even though the difference between them is very important for every beginner.
🔹 What is a Coin?
A digital currency that operates on its own blockchain.
✅ Used for payments, transaction fees, or storing value.
🪙 Examples:
• Bitcoin ($BTC )
• Ethereum ($ETH )
• Solana (#sol )
⸻
🔸 What is a Token?
A digital currency built on an existing network (often #Ethereum ).
✅ Used within applications: games, voting, rewards…
🔗 Examples:
• Shiba Inu (#SHIB )
• Uniswap (#UNI )
• #AXS