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When you enter the crypto market, you will be confused with various types. You get even more confused when you see that it's not just cryptocurrencies in the crypto market. However, there are also other digital assets called tokens. So what is the difference between tokens and coins?
Coins in the crypto world refer to digital assets built on their own blockchain network. In fact, this digital asset is provided by the creator of the blockchain system in question. Therefore, these coins are often referred to as genuine crypto assets aka “citizens” in the blockchain network.For example, you must be familiar with Bitcoin (BTC), the world champion of digital assets. Yes, BTC is a coin because it is built on its own network. Then there is Ether (ETH) which is the local currency of the Ethereum network.
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