🍓What is the difference between a token and a coin and how many types of cryptocurrency are there🍓❓
🔄 Difference between Token and Coin
1- ✍️ Coin: Has its own blockchain (BTC, ETH)
2- ✍️ Token: Is created on another blockchain (ERC-20 Tokens)
✨Types of Cryptocurrencies
↪ Payment Coins
↪ Utility Tokens
↪ Stablecoins
↪ Governance Tokens
↪ Security Tokens
📌 Understanding crypto is the first step to safe and successful trading.
BTC
84,040.01
-6.19%
ETH
2,809.41
-6.65%
BNB
865.02
-4.04%