What is a token, coin and how do they differ

What is a token, coin and how do they differ

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When it comes to using the terms “coin” and “token”, for some people, these concepts are almost the same. Although they are fundamentally very similar, there is still a key difference. Let’s figure out how a token differs from a coin in cryptocurrencies. Differences between tokens and coins The main difference that is always in sight is the lack of its own blockchain, a token doesn’t have one. Rather, it runs and functions on an existing platform. The most popular token platform  is Ethereum

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