Cryptocurrency - What's the difference between a TOKEN and a COIN?
When talking about cryptocurrency, the terms token and coin are often used interchangeably. We're here to explain why that isn't exactly correct.
Coins are usually created on their own native network. Their job? To act as means of transferring value. They are basically digital cash.
Tokens are slightly different. Like their name may suggest, tokens specifically give rights to holders, such as voting or the ability to use a platform.
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