Token vs Coin: learn the token and coin definitions và the differences between security token, utility token & 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” lớn refer khổng lồ what other people Điện thoại tư vấn “tokens”, and “token” lớn refer to what others hotline “coins”. Some people will use either name khổng lồ refer khổng lồ all the digital assets currently available.

However, there are very big differences between crypkhổng lồ coins và crypkhổng lồ 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 some explanations of what coins & tokens really are, provide you with examples of coins & tokens, and 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 asmix 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 asphối that is native khổng lồ its own blockchain. Think about Bitcoin, Litecoin, or Ether. Each of these coins exists on their own blockchain.

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