Many newcomer to the market mistakenly call everything Crypto, but the truth is that Coin and Token are two completely different extreme in term of their technical nature.
š¹ Coin are thehomeowner
They are the primary currency operating on a separate and independent blockchain. Examples include $BTC and $ETH
Coin has full control over the rules, operating mechanisms and security of that network.
šø Token are the tenant
They dont have their own blockchain but live parasitically on the infrastructure of another blockchain. Examples include USDT or SHIB
Token like tenants must comply with the system rules and pay coin fees to exist.
š¹ Symbiotic relationship
You can transfer Coin anywhere independently, but to transfer Token you must have Coins to cover transaction fees.
Are you holding powerful Coin or Token with high potential?
This article is for reference only; it is not investment advice. Please read and consider carefully before making a decision.
