![]() ![]() ![]() Here, it’s also worth mentioning that the term “cryptocurrency” can refer to both coins and tokens - it’s situation-dependent! So, to make it clear here is an example for you: So, you could say that tokens as so-called child coins that are based on the big environments of parent coins. On top of that, tokens can’t exist on their own - instead, they are “hosted” on the blockchain of a crypto coin. Tokens, on the other hand, are smaller crypto assets that usually serve a much more niche and specific purpose than coins. In other words, they are popular and very large crypto assets that have some sort of a broad function associated with them. Some of the most popular examples of crypto coins include Bitcoin, Ethereum, and Binance Coin. To start things off, before we can really get into the comparison between crypto coins and tokens, we do need to figure out what these two assets are, in the first place. Understand crypto with ease New explainer videos every week! What are Crypto Coins and Tokens? ![]()
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