Tokens vs. Cryptocurrencies: What Every Investor Needs to Know
If you’ve ever wondered what the difference is between tokens and cryptocurrencies, you’re not alone. The two terms are often confused, but understanding their differences can greatly improve your investment strategies. What is cryptocurrency? Cryptocurrency is digital money that runs on its own blockchain. It is created as an alternative to traditional currencies and is used for payments, storing value or investing. Example: Bitcoin (BTC) is the first and most popular cryptocurrency. It is independent of banks, issued through mining and has a limited supply.
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