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
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