Crypto Coins vs. Tokens
An interactive guide to understanding the key differences.
The Main Differences at a Glance
This section provides a direct comparison between crypto coins and tokens. Click the buttons below to explore each key difference and see how they stack up side-by-side.
Crypto Coins
Tokens
Deep Dive: Crypto Coins
This section explores what a crypto coin is. Coins are the native digital currencies of their own independent blockchain. They function as the foundation for their network’s security and operation. Explore their definition and see specific examples below.
Definition
Crypto coins are digital currencies that operate on their own independent blockchain. They are primarily used as a medium of exchange, a store of value, or a unit of account, much like traditional money. Because coins have their own blockchain, they are fundamental to the network’s operation and security.
Examples of Coins
Deep Dive: Tokens
This section explores what tokens are. Unlike coins, tokens do not have their own blockchain. They are built on top of existing blockchains, most commonly Ethereum, and can represent a huge variety of assets or utilities. Explore the different types of tokens below.
Definition
Tokens do not have their own blockchain. Instead, they operate on top of existing blockchains, most commonly Ethereum. Tokens can represent a wide range of assets or utilities and are often created through smart contracts. They rely on the blockchain they are built on for security and transaction processing.
Types of Tokens
Summary
This final section provides a high-level summary of the distinction between crypto coins and tokens. Both are crucial digital assets, but they serve different roles within the blockchain ecosystem.
In summary, crypto coins are standalone currencies with their own blockchain and are used primarily as money.
Tokens are built on top of existing blockchains and can represent a variety of assets or utilities beyond just currency.
Both play crucial roles in the expanding digital economy and the blockchain landscape.