Crypto Coin Versus Token: 5 Key Differences

RADICALFIRE.COM Yellow Dots Green Leaf Shape Yellow Leaf Learn more

Both crypto coins and tokens are much alike. They’re both used to represent values and for payments.

Yellow Dots Learn more

Yet these two digital assets aren’t the same. All coins are tokens, but not all tokens are coins.

Plant Yellow Leaf Green Leaf Squiggly Line Learn more

A crypto coin is the native asset of a blockchain used as a medium of exchange.

[{"selector":"#anim-d577e8d8-f991-4148-ba33-00b60a378c66","keyframes":{"opacity":[0,1]},"delay":0,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8694b7ab-b06d-4e5c-ab69-8aefa479428d","keyframes":{"transform":["translate3d(650.00011%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

A token is a unit of value developed based on already existing blockchain networks.

Yellow Dots Learn more

Every crypto coin has its blockchain network while tokens don’t have their blockchain network because they operate based on the already established blockchain of crypto coins.

Green Leaf Yellow Leaf Plant Learn more

While a crypto coin represents what you’re capable of owning should you purchase the item, a token shows the value of what you own.

[{"selector":"#anim-11947fb0-1fd0-4d92-ac32-2c9273abf9ca","keyframes":{"opacity":[0,1]},"delay":0,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-151accfa-ecdd-444f-bb70-4ec0f93760ea","keyframes":{"transform":["translate3d(650.00011%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

FOR MORE ABOUT THIS POST, VISIT RADICAL FIRE

[{"selector":"#anim-c52eb5c7-1258-4c5b-8cbb-69e655defd01","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5266b8ab-55e0-4169-85ac-08762e93215a","keyframes":{"transform":["translate3d(-96.03174%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

Other Stories

[{"selector":"#anim-e6ec4ac6-6f08-44ed-b9c9-1209d2eca501","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.08)","offset":0.33},{"transform":"scale(0.992)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":400,"duration":1600,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-d36a4819-167a-4887-b9a0-f42635393573","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.08)","offset":0.33},{"transform":"scale(0.992)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":500,"duration":1600,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-c02dfe1c-94d9-4483-88d1-ba353af01996","keyframes":{"transform":["translate3d(-131.37256%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bcea8b6b-4faa-4636-a915-efa5c9d6ed04","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-38b3da41-2f85-43e0-9142-1b71b8f42639","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] 25 Of The Best Things To Do In Dallas This Summer 23 Digital Nomad Jobs For The Lifestyle You Deserve Green Leaf Green Leaf Wavy Line Yellow Round Banner Yellow Round Banner