Could someone please explain to me what is the difference between an Altcoin and a Token.
I'm a newbie, so please don't mind me asking.
I took part in some airdrop recently and now I was told that it is a token and not a coin. What does that mean ? What can I do with it ?
Can I trade tokens ?
What's the point of having tokens ?
I'm a newbie, so please don't mind me asking.
I took part in some airdrop recently and now I was told that it is a token and not a coin. What does that mean ? What can I do with it ?
Can I trade tokens ?
What's the point of having tokens ?
Tokens are usually issued on ICOs. You can't mine them and they are being traded on relatively small number of exchanges. Altcoins are, well, all coins that are not Bitcoin
