🧠 Lesson 3: Coin vs Token
Hello, crypto-friend! 👋
If you’re confused about the terms “coin” and “token” — let’s clarify it now! 🚀
🪙 Coin
A coin is the native currency of its blockchain.
It’s like the local currency in a country. 🇺🇸🇯🇵
🔹 Examples:
• $BTC — in the Bitcoin network
• $ETH — in the Ethereum network
• $BNB — in Binance Smart Chain
👉 Used as money: for payments, storage, transfers.
📌 Coin = own network + money
🎟️ Token
A token is a guest on someone else's blockchain.
It doesn’t have its own network and lives, for example, on Ethereum (ERC-20).
🔹 Examples:
👉 Performs special functions:
🎫 access to applications
🗳️ voting
🎮 in-game items
📌 In short:
Coins are money on their own blockchain.
Tokens are “passes” with functions on someone else's.
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