The difference between a coin and a token.

[Onoru 229]

I don’t know the comparison between them, but what I know is that coin is the cryptocurrency or the cryptocurrency that we use on the platforms, but the token I think is what the drops offer after several things that are required

[Jonylink007 210]

the actual difference in between the cryptocurrencies as well as the symbol is actually which cryptocurrencies for example bitcoin, litecoin the ethereum possess a larger marketplace a good the actual bridal party tend to be those that tend to be handled in certain trades every single child get them and also you are prepared to market all of them in a greater cost.

[GM266 673]

A coin is a free cryptocurrency that has it's own blockchain network fkr trading or selling. It doesn't have to depend on any other coins. But the prices are different for every coin.  Ethereum ,Bitcoin, Litecoin etc. has unique blockchain technology. 

A token is a kind of crypto that doesn't have it's own blockchain technology for trading. It has to depend on the coins. It can never be free to do any transaction. As example Erc-20 token uses Ethereum network technology.

[Dadoo 219]

The coin is a coin that has its own blockchain network and is of great volume, use and power in the market As for the token, it comes in second place and is considered small compared to a coin, and it may never own the token blockchain.

[Iman33 0]

Thank you for this explanation. It turns out that there is a difference between the two, and I learned that the symbol is a form of mini-currency that does not own its own blockchain, unlike digital currencies that have their own blockchain

[Burlin 230]

A debt of gratitude is in order for the post, really tokens and coins are not the equivalent. On the off chance that you are a previous individual in the digital money market you will have no disarray. I see the token is less significant than a coin, so I couldn't care less about it much.

[MalikAdnan 1662]

Yes I think  it is very interesting topic there is huge difference between coin and token. Coin is a blockchain method and it is a decentralized system I think it has its own blockchain. So I think it is the best but token have not these type of features.

[Usnman 631]

Its an great information and i am thankful to you for sharing this information with us as there was a great confusion among the tokens and coins and after reading your post i am able to clear all my confusion its an valuable posts for me.

[Mrbeen890 5]

Both use the blockchain system to work and while the first contains a special key chain called the blockchain and i will be a coin soonest thank for this to be enlighten me that this two are different to each other.

[Whizdon 441]

Coins are just method of payments while token may present a companys share,give access to products or services  and perform many other functions.Crypto tokens are special kind of virtual currency tokens that reside on their own blockchain and represent an asset or utility

The tokens are the new released coin that has no value yet in the market but once this coin having some value, it will be a coin soonest, thanks for this to be enlighten me that this two are different to each other.

[Tommy293r 107]

Tokens are initially introduced and hosted on already existing blockchains. Once they establish and have their own blockchains they become coins. All coins are also tokens but all tokens are not coins.

[Furious valkary 495]

thank you so much for your information before reading your post I don't have concept that coin and token are different things. 

As you told that coin has its own Blockchain while token don't have its Blockchain.

[Oyetoyy 1444]

I never knew there are any differences among the cryptocurrencies. Now that cerain token depends on certain coin that has its own blockchain, will the change in the price of that coin affect the token that's leveraging on the coin? @Honny143

[Madsee7 167]

essentially, the cryptographic money does now not need a stage, simultaneously as the image needs a stage, and that is on the grounds that the fair cash is unprejudiced, not normal for images

[shourov2002 169]

I have made a lot of income online from my life. The highest income from my crypto currency is $ 500. I made the investment by earning it. I work here by investing in Telegram. Many people are working here and making a living. The bank should seek the help of crypto to convert it into money. General Chat Chat LoungI think the way crypto is going to improve further in the future.

[True legend 554]

I now understand the difference, honestly I thought they are same things but serve as synonyms, the talk we get in the forum is a token and does not have it own block chain, a coin is greater and heavier, that's the one of the main advantage of the forum, we get to learn new thing everyday

[Goyaa 2414]

Thank you for the information, it is true that Coins is a cryptocurrency that has its own blockchain network and there are many types of coins that are profitable to trade for example ETH, LTC or BTC. whereas tokens do not have their own network and usually use the ERC20 network. But I think coins are more profitable to trade than tokens.

[Malik Ayaz 506]

Dear coins are individual which have their own value and it's blockchain. Tokens are something which have value due to its exchange platform. It can have equally to coins but on specific exchange platform. In short if the exchange platform does not exist then it means tokens have no value but on the other hand coins have value and need no association

[tobom 133]

This is really useful information. Thank you so much for sharing. I am also doing research on cryptocurrencies. Because I just started. Frankly, I didn't know the difference between coins and coins. It was very good that I learned.

[Lapulga04 259]

On 1/26/2020 at 2:42 PM, Mandoy01 said:

Hi guys, this topic is made for the newbie. I remembered before I was also confused about token and coin. So I will explain it in the most simplest form I can think of. Though there are many things that can be used to differentiate but I will use the most crucial difference between them.

 

First what is a coin?

A coin in the cryptocurrency sphere refers to the digital coins or cryptocurrency that has its own blockchain for example we have bitcoin, litecoin, doge coin, ripple and many more.

 

What is a token?

A token is a form of cryptocurrency which does not have its own blockchain. It uses existing blockchain as its platform for example we have ERC-20 tokens that uses Ethereum Platform such as EXMR, BTCRED and many more. Aside from Ethereum Platform other tokens uses Waves Dex, and NEO whose tokens are called NEP-5 tokens.

 

So in short there are two kinds of cryptocurrency the coin and token. Coin are digital coins with its own blockchain while tokens uses existing blockchain platform to function.

Thanks alot for taking your time to shine more light on the two terminologies, I recently joined this forum am still picking up the terms and their meaning. This post is indeed informative, hope to be able to contribute meaningfully to the forum soon.

[Tawari 888]

The  first heard the words coin and token. Now i am all cleared because of the information you have given through this forum. I am very happy that i joined this forum as i am gaining much knowledge about crypto world. 

[Mecalum 421]

Yes bro the difference brtween a coin and a token is that a token is a small currency but a coin is a large currency every coin has a token but token not have a coin.

[Shaza Ahmad 1682]

Nice article, the difference between the token and the currency should be understood by anyone entering this field, because the currency is not easy to produce, often by mining or with a specific algorithm, while the token is fully available in the hands of the creator, so beware of buying a token that does not have it Any value

[NagnaOIC 133]

Coins are standalone cryptocurrencies based on their own blockchain tokens are built and hosted on existing blockchains now many people’s know about token and coin thanks for share this

[Farhan sabir 3]

On 1/26/2020 at 6:58 PM, Upright said:

Tokens tends to refer on " coins" but which are created under a main structured, developed coins. More like a side chained coin

Coins are like independent coin on their own based foundation, by themselves

An airdrop is an appropriation of a cryptographic money token or coin, ordinarily for nothing, to various wallet ... "The Trend That Is Increasing The Urgency Of Owning Bitcoin And Ethereum

An airdrop is an appropriation of a cryptographic money token or coin, ordinarily for nothing, to various wallet ... "The Trend That Is Increasing The Urgency Of Owning Bitcoin And Ethereum

On 1/26/2020 at 7:11 PM, Ahmedabdallah12 said:

You are right bro , every coin was a token one day , but not every token will be a coin 

You should now know the straightforward meaning of both a coin and a token: coins are local to their own blockchain. While tokens have been based on top of another blockchain, as Ethereum, NEO, or Waves. ... Coins are frequently utilized just as cash; notwithstanding, a few coins do have different employments