What is Coinbase's native token?

BTCC, a leading cryptocurrency exchange, offers a wide range of services that cater to the needs of traders and investors in the crypto market. Among its offerings are spot trading, which allows users to buy and sell cryptocurrencies at current market prices, and futures trading, which enables traders to speculate on the future price movements of digital assets.

Native tokens are an integral part of blockchain technology, representing the digital assets that are created and exist solely within a specific blockchain ecosystem. These tokens are often used as a means of exchange or for fulfilling specific functions within the blockchain network.

One of the most well-known examples of a native token is Ether (ETH), which is the native cryptocurrency of the Ethereum blockchain. Ether is used to pay for transaction fees and as a medium of exchange on the Ethereum network.

Bitcoin (BTC) is another prominent example of a native token, serving as the native currency of the Bitcoin blockchain. It is widely recognized as the first decentralized digital currency and has gained significant attention from investors and enthusiasts alike.

Non-native tokens, on the other hand, are created on layers or platforms that support blockchain operations or for applications built on top of a blockchain. These tokens can represent a variety of assets, including digital goods, real-world assets, and even utility tokens that grant access to specific services or products.