🔍 Coin or Token? Understand once and for all the difference! 🚀
Have you ever been in doubt between coin and token? 🤔
Although they seem the same, there is an important difference — and understanding this can help you invest better in the crypto world! 💡
📌 Coins:
These are cryptos that have their own blockchain, like Bitcoin (BTC) or Ethereum (ETH). They function as the native "money" of their network and are usually used for fees, validations, and payments.
👉 Ex: BTC (on the Bitcoin blockchain), ETH (on the Ethereum blockchain), BNB (on the BNB Chain).
📌 Tokens:
These are created within an already existing blockchain, without needing their own network. They can represent utilities, assets, votes in projects, and much more!
👉 Ex: USDT, LINK, SHIBA — all tokens created on the Ethereum network, for example.
⚠️ Quick Summary:
Coin = Own blockchain 🛠️
Token = Uses an already existing blockchain 🧩
Knowing this is essential to understand how crypto projects work and where you are putting your money. 😉
Did you like this explanation? Comment here if you already knew or if you learned something new! 🧠💬
🔁 Share with those who also need to understand this difference!
