Did you know that token and Coin are not exactly the same thing? 🤔
Token and Coin are two words in cryptocurrency that are used interchangeably but they actually mean two different things in the real sense , let's look at what makes them different.
Firstly a token is referred to a crypto that is not built on its own blockchain unlike coin which are built using their own blockchain 🔗
Examples of Tokens include
Shiba inu
Usdt
Chain link
Examples of Coins
Btc
Eth
Bnb
Xrp
Major Difference between token and Coin.
1. Coin can be mined, token can only be minted
2. Coin operate on its own blockchain, token does not
