Day 5: Coin vs Token

Coins run on their own blockchains (e.g., BTC, ETH).

Tokens are built on top of other blockchains (e.g., USDT on Ethereum).

Example:

BNB is a coin, but CAKE is a token on the BNB Chain.$BNB

BNBUSDT

Perp

848.07

+2.13%

$CAKE

CAKEUSDT

Perp

1.8146

-0.06%

$ETH

ETHUSDT

Perp

2,969.87

+4.88%

#Write2Earn #CryptoTerms