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ᑕᗩ₱₱EX Profile picture
ᑕᗩ₱₱EX
@CryptoCappex
@nimiq 🤝 social media ambassador | @PhalaNetwork council member | @polkadot & @kusamanetwork community mod & antiscam team #Bitcoin #NFT #DeFi #Metaverse
Dec 17, 2022 • 6 tweets • 3 min read
1/5 Did you know that crypto tokens and coins are not exactly the same thing?

I will try to explain how to distinguish a #coin from a #token and their different uses. 2/5 Many people call Token and Coin “#cryptocurrency” interchangeably, they are not the same thing. Although both use distributed ledger technology (also known as #blockchain technology), there are some significant differences between a coin and a token.