What Is the Difference Between a Crypto Coin and a Token? Crypto Coin Vs Token I #cryptocurrency

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John
English
College Students
Concise
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Summary
Crypto coins and tokens are both digital assets but differ significantly. Coins, like Bitcoin, operate on their own blockchains for financial transactions, while tokens, built on existing blockchains, serve various functions such as utility or security. Understanding these distinctions is essential for navigating the cryptocurrency market effectively.
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