Crypto Token: Crypto Coin & Crypto Token: Know The Difference

Confusion Investors Often Mistakenly Refer To Crypto Coin As A Crypto Token Or Vice Versa

Alike Crypto Coins And Tokens Are Alike At A Fundamental Level But Two Different Things

The Difference Although All Crypto Coins Are Tokens Not All Tokens Are Considered Coins Image Source Istock

Utility At The Basic Level The Key Difference Between The Two Is Based On Their Utility Image Source Istock

Uses For An Investor To Buy A Product Coins Are Best For A Service Tokens Can Be Used

Blockchains Crypto Coins Have Their Own Blockchains But Tokens Work On Blockchains Of Coins

Initial Use Crypto Coin Was Meant To Be A Money Replica Other Uses Of Token Evolved Over Time

Mining Crypto Coins Can Be Mined Both On The Proof Of Work And Proof Of Stake Systems