What is a Crypto Token and How is it different from Cryptocurrency? - PowerPoint PPT Presentation

Title: What is a Crypto Token and How is it different from Cryptocurrency?


1
What is a Crypto Token and How is it Different
from Cryptocurrency?
2
According to Crypto token development Services
industry analysts, all coins are considered
tokens, but all tokens are not coins in the
crypto sector.
3
A crypto token represents what a person
possesses, whereas a crypto coin is a
representation of what they are capable of owning
within tokenization development.
4
Because Cryptocurrency is a new business, there
are many new words for digital assets. They are
frequently used interchangeably by investors in
crypto token development services.
5
A crypto coin is typically native to a blockchain
and is used for trading currency and storing
value. In contrast, a token typically uses the
blockchain of another coin in Crypto token
development Services.
6
Coins directly represent a proposed medium of
exchange. Tokens, on the other hand, are an
asset. The tokens can be kept for intrinsic value
or sold and staked for interest.
7
Blockchain handles crypto coin transactions,
whereas intelligent contracts take token trades.
8
A token represents what a person has, but a coin
means what they can have.
9
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