Coins vs Tokens
These two words confuse many beginners โ but letโs break it down ๐๐ฝ
๐ฐ Coin:
Has its own blockchain
Used mainly as digital money
Examples: Bitcoin (BTC), Ethereum (ETH), BNB
๐ช Token:
Built on top of another blockchain
Used for many purposes (payments, governance, access, etc.)
Examples: USDT (on Ethereum), LINK, UNI
โ In short:
Every coin is a cryptocurrency,
but not every cryptocurrency is a coin โ some are tokens.
Coins = native to a blockchain
Tokens = hosted on a blockchain
> Have you ever confused coins with tokens before? What helped you understand the difference?
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