The difference between a coin and a token. - Page 26 - For Beginners - CryptoTalk.Org Jump to content
Mandoy01

The difference between a coin and a token.

Recommended Posts

Welcome, my friend, and I thank you for this useful information for us about cryptocurrencies, coins and their types

Share this post


Link to post
Share on other sites

I know some informations about this field, but now I have a good ideas about it, and the coin has a specific price,and already listed in the market and we can find markets to exchange or trade them not like tokens, most of them are useless, so coins are the important now

Share this post


Link to post
Share on other sites

Coins are monetary standards that can be utilized for purchasing and selling things.You can purchase token with a coin yet not bad habit versa.Coins are only technique for installments while token may introduce a companys share,give admittance to items or benefits and perform numerous other functions.Crypto tokens are exceptional sort of virtual money tokens that live all alone blockchain and address a resource or utility.

Share this post


Link to post
Share on other sites

your post contains a really critical data. by and by, i did not know the distinction between the coin and token, so that it is pleasant to memorize something unused, i think that all individuals who don't know the contrast will discover the reply in your subject.

Share this post


Link to post
Share on other sites

Yes, there's a difference between a coin and tokens, and thanks for sharing this us your experience about the difference. Coin has it's own blockchain while token depends on other blockchain. 

Share this post


Link to post
Share on other sites

You have provided a simple and easy explanation that any beginner can understand and if you allow me to give an example I will say that a coin is like Bitcoin , it has its own Blockchain to be transferred and a token is like Talk, we use other existing Blockchains to transfer it.

Share this post


Link to post
Share on other sites

Well I think that they are all the same to me. Both tokens and coins are all cryptocurrencies and 5gat is what matters. Should there be any rulings regarding crypto then it is going to affect all of them.

Share this post


Link to post
Share on other sites

Girlfriend thanks a lot for your information your information is very valuable for me I'm a big man and I'm just starting working when I get to talk I don't know the difference between the Quran and the tokens. Today I am able to know about these two different is the your valuable information is have the meaning for me thanks a lot again trading for your guy information keep sharing that kind of information reveal working on that information in future

  • +4 1

Share this post


Link to post
Share on other sites

My dear friend  I heard about tokens and coins previously....I thought that both are same but now I can see the difference so thank you for sharing this useful information with me....

Share this post


Link to post
Share on other sites

Coins are the currency which is used for buying and selling of things, you can buy token with coins but Tokens are operated and functioning chains that work under these coins.That is a difference between coins and tokens. 

  • +4 1

Share this post


Link to post
Share on other sites

Hello my friend, I do not know much about this topic. I hope you can inform me and provide me with information on this topic and help me understand the difference between them.

  • -1 1

Share this post


Link to post
Share on other sites

Hellos fellas!

I don't know about the difference about them before but right I am able enough my understanding which says

Every coin was a token one DAy but token was never.

Correct me If I am wronge.

Share this post


Link to post
Share on other sites

This is a very relevant and good question.It's about our information, how much this forum knows about this platform, whether we know the difference between Sikhs or tokens. I think this is a very important question that most of the new members who make it on it don't know what the difference is between token and token so we think that all the senior members are new members.I say I don't know anything about it either. I also request you to share your experiences with us so that I also know about it.

Share this post


Link to post
Share on other sites

Useful and new information. I hope that we will find many clarifications on other matters as well. It must help many beginners to understand the difference between currencies and symbols. Coins are digital money that have is own blockchain called principle net and token are cryptographic money that exist on blockchain that are not their own they don't have a fundamental net.
Thank you

Share this post


Link to post
Share on other sites

 I don't differentiate between a coin and a token and it will soon become a currency, thankfully for enlightening me on this so that these two are different from each other and they are not so different. Token will soon become a currencyI think it will rise

Share this post


Link to post
Share on other sites

This is the route about oneway. First of all we are using crypto currency. Here i am takingnthencrypto currency. Here when we take token it is the way of getting to achieve coins. That why i say this is one way route

Share this post


Link to post
Share on other sites

Thank you bro you really explained it in easy way like you i also used to be confused some years before when i was completely noob in Crypto world. If i had people like you i would be glad at that time..

Share this post


Link to post
Share on other sites
22 hours ago, Hadelo said:

Hello my friend, I do not know much about this topic. I hope you can inform me and provide me with information on this topic and help me understand the difference between them.

Lol, all of the information is totally well-discussed, i think you're not reading the content of the topic, try to deeply understand the topic so that you will get some information about from it, i hope you may understand mate.

 

Share this post


Link to post
Share on other sites

Thanks for the clarification as to me. All I know about the matter is that the token does not have its own network. As for the currency, it has its own network. This is what I know about the matter. 

  • +4 1

Share this post


Link to post
Share on other sites

You are right. I was not able to distinguish between coin and token when I first entered the world of cryptocurrencies and this formed a big knot for me, but upon reading some articles about them, my experience increased about the difference between them.

  • +3 1

Share this post


Link to post
Share on other sites

Coins are cryptocurrencies that have their own blockchain network, there are coins that are decentralized and there are coins that are centralized, generally coins have a higher price than tokens. Examples of coins, Bitcoin, Ethereum and Litecoin. Although tokens do not have their own blockchain network, tokens use other blockchain networks such as ERC20, examples of tokens are Talk token, BAT token and Yo token.

Share this post


Link to post
Share on other sites

Tokens or commercial tokens are objects similar to coins. The main point of difference between the token currency is the legal tender currency, is that the legal tender currency is issued by a government authority and is freely exchangeable for commodities. Usually the token has a very limited use, and it is often issued by a company.  Private, group, association, or individual.

Share this post


Link to post
Share on other sites

I don't have much idea to differentiate between talk token and coins because I am still making research and I wish the senior members of the forum will help us to differentiate the differences between talk token and btc Satoshi 

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...