Post
Topic
Board Altcoin Discussion
Re: Difference between coins and tokens...
by
cryptokath19
on 08/02/2018, 10:51:13 UTC
Hello everyone! as i read through the coin market is saw that there's a different window for the token market and coin market which made me wonder if there's a  difference. Right now, EOS leads the tokens while BTC leads the coins. I hope someone could explain this to me simply.

As I understand, a coin is strictly a currency that can be traded, and accepted by people buying and selling things if those buyers and sellers choose to accept the coin. And a coin has its own blockchain as well.
But a token is something that can be built on another platform, like Ethereum based or ERC20 wallet (Myetherwallet) and a token actually plays role within the business operations and transactions of the company that issues it.