What is the difference between coins and tokens?
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When it comes to crypto, coins are basically the native currency of their own blockchains think Bitcoin or Ethereum that you can use for transactions or as money. Tokens, however, don’t have their own blockchain; they’re created on top of other blockchains and can represent anything from a share inRead more
When it comes to crypto, coins are basically the native currency of their own blockchains think Bitcoin or Ethereum that you can use for transactions or as money. Tokens, however, don’t have their own blockchain; they’re created on top of other blockchains and can represent anything from a share in a project to access rights or special perks. So, coins are more like the base money, while tokens are built for specific purposes within that system.
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