🚀 Coin vs. Token: Do You Know the REAL Difference? 🧐
In the world of crypto, we often call everything a "coin." But did you know that $BTC and $SHIB are fundamentally different in how they live on the blockchain? If you want to invest like a pro, you need to understand this distinction.
🏠 1. What is a Coin? (The Landowners)
A Coin is a digital asset that operates on its own independent blockchain. Think of it as the foundation or the highway itself.
* Examples: Bitcoin ($BTC), Ethereum ($ETH), Solana ($SOL), and BNB ($BNB).
* Purpose: Usually used as a store of value, a medium of exchange, or to pay for "Gas fees" (transaction costs) on its native network.
* The Vibe: It’s like owning the actual tracks of a railway system.
🏎️ 2. What is a Token? (The Passengers)
A Token does NOT have its own blockchain. Instead, it is built on top of an existing one (like Ethereum or BNB Chain).
* Examples: Tether ($USDT), Chainlink ($LINK), and Shiba Inu ($SHIB).
* Purpose: Tokens are much more versatile! They can represent a share in a project, a ticket to a game, or even a digital collectible (NFT).
💡 Why does it matter?
If you want to move a Token (like USDT), you almost always need to have the native Coin (like ETH or BNB) in your wallet to pay for the transaction fees. No gas, no movement!
Understanding this helps you manage your wallet better and avoid "stuck" transactions.
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