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Token vs Coin: What’s the Difference?The world of cryptocurrency is filled with new terminology, and one of the most common questions for newcomers is: What’s the difference between a coin and a token? While these terms are sometimes used interchangeably, they have distinct meanings in the blockchain ecosystem. Let’s break down the differences, using real examples. What is a Coin? A coin is a digital asset that operates on its own native blockchain. Coins are typically used as a medium of exchange, a store of value, or in some cases, to power the blockchain itself (like paying for transaction fees). Key Features of Coins: Native to their own blockchainUsed for payments, value transfer, and sometimes governance or transaction fees Examples: Bitcoin ($BTC ): The original cryptocurrency, running on the Bitcoin blockchain.Ethereum ($ETH ): The native coin of the Ethereum blockchain, used for gas fees and transactions.Ripple ($XRP ): The native asset of the XRP Ledger, designed for fast, low-cost cross-border payments.SEI (SEI): The native coin of the Sei blockchain, a trending Layer 1 optimized for trading. What is a Token? A token is a digital asset that is built on top of an existing blockchain. Tokens rely on the infrastructure of another blockchain, most commonly Ethereum, BNB Chain, or Solana. Tokens can represent a wide range of assets and utilities, including governance rights, stablecoins, NFTs, or even access to specific applications. Key Features of Tokens: Built on existing blockchains (not native)Can represent utility, governance, or other assetsCreated using smart contracts (e.g., ERC-20, BEP-20 standards) Examples: Uniswap (UNI): An ERC-20 token on Ethereum, used for governance of the Uniswap DEX. Tether (USDT): A stablecoin token issued on multiple blockchains, including Ethereum and Tron. How to Tell the Difference A quick way to check: If the asset has its own blockchain, it’s a coin (BTC, ETH , XRP, SEI).If it operates on another blockchain, it’s a token (UNI, USDT, CAKE, APE, PYTH, WIF). #LearnTogether #Binance #BinanceAcademy

Token vs Coin: What’s the Difference?

The world of cryptocurrency is filled with new terminology, and one of the most common questions for newcomers is: What’s the difference between a coin and a token? While these terms are sometimes used interchangeably, they have distinct meanings in the blockchain ecosystem. Let’s break down the differences, using real examples.
What is a Coin?
A coin is a digital asset that operates on its own native blockchain. Coins are typically used as a medium of exchange, a store of value, or in some cases, to power the blockchain itself (like paying for transaction fees).
Key Features of Coins:
Native to their own blockchainUsed for payments, value transfer, and sometimes governance or transaction fees
Examples:
Bitcoin ($BTC ): The original cryptocurrency, running on the Bitcoin blockchain.Ethereum ($ETH ): The native coin of the Ethereum blockchain, used for gas fees and transactions.Ripple ($XRP ): The native asset of the XRP Ledger, designed for fast, low-cost cross-border payments.SEI (SEI): The native coin of the Sei blockchain, a trending Layer 1 optimized for trading.
What is a Token?
A token is a digital asset that is built on top of an existing blockchain. Tokens rely on the infrastructure of another blockchain, most commonly Ethereum, BNB Chain, or Solana. Tokens can represent a wide range of assets and utilities, including governance rights, stablecoins, NFTs, or even access to specific applications.
Key Features of Tokens:
Built on existing blockchains (not native)Can represent utility, governance, or other assetsCreated using smart contracts (e.g., ERC-20, BEP-20 standards)
Examples:
Uniswap (UNI): An ERC-20 token on Ethereum, used for governance of the Uniswap DEX.
Tether (USDT): A stablecoin token issued on multiple blockchains, including Ethereum and Tron.
How to Tell the Difference
A quick way to check:
If the asset has its own blockchain, it’s a coin (BTC, ETH , XRP, SEI).If it operates on another blockchain, it’s a token (UNI, USDT, CAKE, APE, PYTH, WIF).

#LearnTogether #Binance #BinanceAcademy
⚔12 Terms Every Crypto Trader Should Know⚔ -Fear, Uncertainty, and Doubt (FUD): Spreading of fear and misinformation to gain an advantage. -Fear Of Missing Out (FOMO): The emotion you feel when you panic buy. -HODL: Buy and hold on to it for a long time! -BUIDL: Keep your head down and build the next financial system. -SAFU: Funds are safe! Return on Investment (ROI): How much money you are making (or losing). -All-Time High (ATH): The highest price ever recorded! -All-Time Low (ATL): The lowest price ever recorded. -Do Your Own Research (DYOR): Don't trust, verify. -Due Diligence (DD): Smart people make decisions based on facts. -Anti Money Laundering (AML): Regulations that prevent criminals from hiding their money. -Know Your Customer (KYC): Regulations that make exchanges verify your identity. Just only knowledge sharing for all traders. If you got some benefit , Like , Share and follow for my future precious sharing post. #knowledge_contribution #BinanceAcademy $BNB {spot}(BNBUSDT) $HUMA {spot}(HUMAUSDT) $ADA {spot}(ADAUSDT)
⚔12 Terms Every Crypto Trader Should Know⚔

-Fear, Uncertainty, and Doubt (FUD): Spreading of fear and misinformation to gain an advantage.

-Fear Of Missing Out (FOMO): The emotion you feel when you panic buy.

-HODL: Buy and hold on to it for a long time!

-BUIDL: Keep your head down and build the next financial system.

-SAFU: Funds are safe!
Return on Investment (ROI): How much money you are making (or losing).

-All-Time High (ATH): The highest price ever recorded!

-All-Time Low (ATL): The lowest price ever recorded.

-Do Your Own Research (DYOR): Don't trust, verify.

-Due Diligence (DD): Smart people make decisions based on facts.

-Anti Money Laundering (AML): Regulations that prevent criminals from hiding their money.

-Know Your Customer (KYC): Regulations that make exchanges verify your identity.

Just only knowledge sharing for all traders.
If you got some benefit , Like , Share and follow for my future precious sharing post.

#knowledge_contribution #BinanceAcademy

$BNB
$HUMA
$ADA
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#BinanceAcademy #العملات_Ų§Ł„Ų±Ł‚Ł…ŁŠŲ© #CryptoEducation šŸŽ“ Proud to have completed the course "Fundamentals of Digital Currencies" from the Binance Academy! I embarked on a rich educational experience that helped me understand the principles of safe trading, portfolio management, and professional analysis of digital currency markets. This certificate represents an important step in my journey towards excellence in the world of digital assets and smart investing šŸ’¼šŸ’” Thanks to #BinanceAcademy for the outstanding content and continuous support šŸ™Œ Coming up, God willing: Expansion in technical analysis and exploring advanced trading strategies [šŸŽšŸŽšŸ‘](https://www.binance.com/activity/word-of-the-day/G1149631596593020928?ref=CPA_00CTK8KGJQ&utm_medium=web_share_copy)
#BinanceAcademy #العملات_Ų§Ł„Ų±Ł‚Ł…ŁŠŲ© #CryptoEducation
šŸŽ“ Proud to have completed the course "Fundamentals of Digital Currencies" from the Binance Academy!
I embarked on a rich educational experience that helped me understand the principles of safe trading, portfolio management, and professional analysis of digital currency markets.
This certificate represents an important step in my journey towards excellence in the world of digital assets and smart investing šŸ’¼šŸ’”
Thanks to #BinanceAcademy for the outstanding content and continuous support šŸ™Œ
Coming up, God willing: Expansion in technical analysis and exploring advanced trading strategies šŸŽšŸŽšŸ‘
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My experience with the Binance platform It is my first experience in trading cryptocurrencies that use blockchain technology. It is a platform suitable for all segments of society (because it provides information represented in the academy). It is a reliable platform and offers a high degree of security and tokens for trading, and also the Learn and Earn feature which is a unique and rare advantage#Binance #BinanceSquareFamily #BinanceAcademy #BinanceHODLerLA
My experience with the Binance platform
It is my first experience in trading cryptocurrencies that use blockchain technology.
It is a platform suitable for all segments of society (because it provides information represented in the academy).
It is a reliable platform and offers a high degree of security
and tokens for trading, and also the Learn and Earn feature which is a unique and rare advantage#Binance #BinanceSquareFamily #BinanceAcademy #BinanceHODLerLA
Jul 13
šŸš€ Unlocking Knowledge & Rewards: The Benefits of Using Binance Academy In the fast-evolving world of cryptocurrency, knowledge is power. Whether you're a beginner just discovering Bitcoin or an advanced trader exploring DeFi, Binance Academy is your go-to platform for free, reliable, and easy-to-understand crypto education. But did you know that it’s not just about learning — Binance Academy also rewards you for it? Let’s dive into why Binance Academy is a must-use tool for anyone serious about succeeding in Web3: --- šŸ“š What is Binance Academy? Binance Academy is a comprehensive educational platform launched by Binance to help users learn about blockchain, cryptocurrencies, trading strategies, NFTs, the metaverse, and more — all 100% free. It includes: Beginner to Advanced Courses Glossary & How-to Guides In-depth Explainers Videos, Articles, and Quizzes. #BinanceAcademy #BinanceSquare
šŸš€ Unlocking Knowledge & Rewards: The Benefits of Using Binance Academy

In the fast-evolving world of cryptocurrency, knowledge is power. Whether you're a beginner just discovering Bitcoin or an advanced trader exploring DeFi, Binance Academy is your go-to platform for free, reliable, and easy-to-understand crypto education. But did you know that it’s not just about learning — Binance Academy also rewards you for it?

Let’s dive into why Binance Academy is a must-use tool for anyone serious about succeeding in Web3:

---

šŸ“š What is Binance Academy?

Binance Academy is a comprehensive educational platform launched by Binance to help users learn about blockchain, cryptocurrencies, trading strategies, NFTs, the metaverse, and more — all 100% free.

It includes:

Beginner to Advanced Courses

Glossary & How-to Guides

In-depth Explainers

Videos, Articles, and Quizzes.
#BinanceAcademy
#BinanceSquare
CryptoCatEyes:
ŠŸŠ¾Š“Ń‚Š²ŠµŃ€Š¶Š“Š°ŃŽ, то же ŠæŃ€Š¾ŃˆŠµŠ» Šø ŠæŠ¾Š»ŃƒŃ‡ŠøŠ», Š¼ŠµŠ»Š¾Ń‡ŃŒ, а ŠæŃ€ŠøŃŃ‚но.
$DEGO Beware that it is an institutional exit and is considered a trap for panic selling at a loss and buying at a lower price, then the momentum returns and the price rises. Follow the indicators and do not worry about the red candle. #DEGOAnalysis #BinanceSquareTalks #BinanceAcademy
$DEGO
Beware that it is an institutional exit and is considered a trap for panic selling at a loss and buying at a lower price, then the momentum returns and the price rises. Follow the indicators and do not worry about the red candle.
#DEGOAnalysis
#BinanceSquareTalks
#BinanceAcademy
Syifaunasukha11 :
bullish order blok
šŸŽ‰ Binancr Turns8šŸŽ‰ From a humble launch in 2017 to becoming the world’s leading crypto exchange — Binance has come a long way! šŸš€ 8 years of innovation, community, and empowering financial freedom worldwide. Here’s to building the future of Web3 together! šŸ”—šŸ’› #crypto #BinanceAcademy #BNB #BinanceTurns8
šŸŽ‰ Binancr Turns8šŸŽ‰
From a humble launch in 2017 to becoming the world’s leading crypto exchange — Binance has come a long way! šŸš€
8 years of innovation, community, and empowering financial freedom worldwide.
Here’s to building the future of Web3 together! šŸ”—šŸ’›
#crypto #BinanceAcademy #BNB
#BinanceTurns8
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