The Different Offerings in the Cryptocurrency Space

First things first, the terms ‘coin’ and ‘token’ are often used alike. The line between coins and tokens is not clear and sharp. Both are used to transfer value, as a means of payment, in a similar way to that both USD and shares are used to reward people for work.

A coin is a means of payment, a money equivalent, something that defines value and serves as a value transfer. Coins tend to take the form of native Blockchain ‘tokens’ like Bitcoin (BTC) or Ethereum (ETH).

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