Post
Topic
Board Beginners & Help
Re: What different between Token and Coin???
by
cjie
on 04/10/2018, 16:35:05 UTC
I'm newbie in cryptocurrency world. And I have a wonder about Token and coin which is digged. What different between them. Hope to receive your feedback

 A coin is a project that has it own blockchain with wallet either offline or online,  while a token is a project that doesn't have a blockchain and they can't generate their own wallet, but they use the blockchain of another coin. Example of coins are; Ehereum, Bitcoin, Litecoin, Stellar, Neo, Ripple, Dogecoin etc. The example of tokens are; Tether and it uses Omni blockchain, Binance Coin and it uses Ethereum blockchain, OmiseGO and it uses Ethereum blockchain, for more example of tokens and the blockchain they use visit(https://coinmarketcap.com/tokens/).