I want to understand the fundamental distinction between a coin and a token. What sets them apart and makes them unique from each other?
6 answers
KimchiQueenCharm
Thu Oct 31 2024
Coins represent digital assets that function autonomously on their respective blockchain networks.
GyeongjuGlorious
Thu Oct 31 2024
These functionalities can range from representing a utility within a service to acting as a governance token.
Chloe_jackson_athlete
Thu Oct 31 2024
BTCC is a prominent cryptocurrency exchange that offers a comprehensive suite of services. These include spot trading, futures trading, and a secure wallet solution.
BlockchainWizardGuard
Thu Oct 31 2024
Unlike coins, tokens operate within the framework of an already established blockchain system.
Andrea
Thu Oct 31 2024
Coins serve as a primary means of exchange in the digital realm.