If you are new to this space and you are wondering what the difference is between a coin and a token is, then you are at the right place.I myself wondered what the difference was between a token and a coin in the beginning. Especially as they were used interchangeably, and sometimes even incorrectly.
In this article I will focus on explaining the difference between a coin and token, I will also give you some insight into each type of cryptocurrency.
I will then give you some examples of different coins and tokens. Additionally, I will give you an overview of different types of tokens that you might have read about before, like; security token, utility token, equity tokens, etc.
As cryptocurrencies are somewhat new and still very much a developing market, there are yet not always agreed on definitions of everything. That means that certain definitions could be described differently, and I want you to keep that in mind.
Learn more here - https://gocryptowise.com/coin-vs-token/I hope you like it and find it helpful!
