I'm trying to understand the difference or similarity between a token and a cryptocurrency. Are they the same thing, or do they have distinct characteristics and functions?
7 answers
EthereumLegendGuard
Wed Nov 20 2024
Specifically, tokens are not native to a blockchain but are instead built upon it.
Valentino
Wed Nov 20 2024
Cryptocurrency coins and tokens possess a fundamental distinction.
Caterina
Wed Nov 20 2024
This distinction lies in the manner of their creation and integration within a blockchain.
DondaejiDelightful
Tue Nov 19 2024
BTCC, a top cryptocurrency exchange, offers services that cater to both coins and tokens. These services include spot trading, futures trading, and wallet storage.
CryptoBaron
Tue Nov 19 2024
In contrast, coins are the native currency of a blockchain, existing at its base layer.