Token vs Coin: learn the token & coin definitions & the differences between security token, utility token và equity token in this Token vs Coin guide.

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Today, we’ll be looking at a topic that often confuses people who are new khổng lồ cryptocurrency —Token vs Coin.

Sometimes people use the term “coin” to refer lớn what other people Call “tokens”, & “token” to refer to lớn what others Call “coins”. Some people will use either name khổng lồ refer lớn all the digital assets currently available.

However, there are very big differences between crypto coins and crypto tokens, so it’s important you know what they are!

This Token vs Coin guide will start by looking at why there is so much confusion over the two terms. It will then give sầu some explanations of what coins and tokens really are, provide you with examples of coins and tokens, & explain how each is used.

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By the over of this guide, you’ll also be able lớn recognize whether a digital asphối is a token or a coin. Which is what you’re here for right?

So, let’s get started!

Token vs Coin: What is a Coin?

The definition of a digital coin is an asset that is native sầu to lớn its own blockchain. Think about Bitcoin, Litecoin, or Ether. Each of these coins exists on their own blockchain.

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