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In the cryptocurrency worlds, the two words Coins and Tokens has always been used interchangeably by many people.
Many people could not differentiate between Coins and Tokens.
On this post, we are going to give clear different between Tokens and Coins.
What is Cryptocurrency Coins? The simplest way to know Cryptocurrency Coins, is that Coins are minable internet money .
It means that Coins, just like bitcoins are minable which exist on it Blockchain.
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Coins is not easy to create because it required highly skill computer programmers.
Example of Coin are:
Bitcoin
Ethereum
Binance
And many More.
Cryptocurrency Tokens?
Tokens are non Minable cryptocurrency projects designs for a specific payments.
Token didn’t have it own blockchain, they are often build on Coins BlockChain.
Example of Tokens is safemoon build on Binance Blockchain.
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Baby Doges build on Binance Blockchain.
Shaba Inu firstly build on Ethereum Blockchain, now have Binance version peg to the Ethereum version.
There are thousands tokens out there.
Likes
French Connection Finance (FCF)
Shiba Inu
Forever Shiba
Baby Doges
Safemoon
Wakanda Inu
Huh Tokens.
Many more.
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