Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Mavalet on November 02, 2018, 09:31:23 PM

Title: Coins and tokens what's the difference.
Post by: Mavalet on November 02, 2018, 09:31:23 PM

In the cryptocurrency market, some confuse the words "tokens" and "coins" what is the difference between them?!                                                                                      Coins already have their own independent blockchain, and tokens are created on the basis of an existing blockchain. You can pay for any purchases, you can also invest in coins and wait until they rise sharply in price. They can also be exchanged for Fiat currencies.                                   
Tokens are mainly bought and stored and used as an investment in a startup.Tokens are used in primary placements (ICO).

Title: Re: Coins and tokens what's the difference.
Post by: Puncak_pelangi on November 02, 2018, 11:09:46 PM

indeed it is sometimes very confusing for those who do not know the difference between tokens and coins, and I think that is indeed different and we if we learn more about between tokens and bitcoin.

Title: Re: Coins and tokens what's the difference.
Post by: Dkingbh on November 03, 2018, 06:18:39 AM

Coins already have their own independent blockchain, and tokens are created on the basis of an existing blockchain