📚 What’s the Difference Between a Coin and a Token?

Many beginners think coins and tokens are the same — but they’re not.

🔹 Coin: A digital currency that runs on its own blockchain.

Example: Bitcoin (BTC), Ethereum (ETH), BNB

🔹 Token: A digital asset created on another blockchain.

Example: USDT, SHIBA, UNI (built on Ethereum or BNB Chain)

✅ Coins are used for transactions and blockchain security.

✅ Tokens are mostly used for utility, governance, or DeFi tools.

So next time someone says “I bought a crypto,” ask — was it a coin or a token? 😉

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