Coins VS Tokens: What's the Difference? | 3-min crypto
Вставка
- Опубліковано 4 лип 2024
- Coins and Tokens may seem similar on the surface, but they are fundamentally different. Coins have their own blockchains whereas tokens are built on an existing blockchain.
However, the difference does not stop at the fundamentals; its use cases are different as well.
Watch on to learn more!
Timestamps:
00:00 Intro
00:29 Coins and Tokens explained
01:11 Use cases
02:48 What other differences do you know?
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#coins #tokens #blockchain #web3 #crypto #cryptocurrency #bitcoin #ethereum
Who’s here in 2024 ready to be rich.
Me and you my friend
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Great vid! Short summary:
L1: coin
Other: token
Great video. Simple to understand. Thanks!!!
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Great Video, very informative and enlightening. Keep up the good Job.
Hi,thank you for the information...😊❤
It's highly informative and educative, am inspired by it 😂😅🎉
Few words to promote this video thx
It quite informative and educative.❤
great content
Thanks Mr Gecko.
nice work 👍👍
Dhanyawad
Thanks for sharing
Great info. Coins and tokens gets messed up, all the time.
Please make a video on staking as well. Coz here it's even a bigger mess.
Lies again? White Pussy
Muchas gracias 😘
That, s great,,, thank you so much
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Hi mam kya aap mujhse Hindi language me baat kar skti hai
great job thanks
Thanks
I did not know that difference between coins and tokens
Спасибо за информацию❤
😅nice content
Maybe much more elaborate examples and use cases will help to make it clearer to the barest.....
Some points are not clear, but interesting) And the question is, there is USDT on the OKX wallet, how can I transfer them correctly to Binance, only the seed phrase is: couple december over rack bottom verb couple two water draw resemble addict
I don't know anything else.❣❣❣❣❣
So what about the native token of a Layer 2 network that has its own Blockchain/Sidechain. Assets such as MATIC (Polygon) for example? Its the native whatever that is also used to pay for transaction fees on the Layer 2 Polygon network built ontop of Ethereum.
Just read an article before watching this video: Bitcoin and Etherium are tokens...how can I call Bitcoin, Token...when the name itself is Coin. Bitcoin has its own blockchain...right? so that's why it is a coin. Like Dogecoin, it also has its own blockchain. Does not rely on other networks, to send and or receive.
All coins are tokens but not all tokens are considered coins..
Bitcoin is a token
I buy LEO and this is the main token for me now.
Not a bad choise
What do you think about the LEO token?
One of the most promising tokens in my opinion at the moment.
Wish i bought it
Coin = blockchain
Token = NFT/contract.
What the XODEX?
It also price matches domestic currencies and foreign on a limit/regulation basis, to preserve, conserve, protect currencies from CRYPTO abusers.
That just made me have more questions! I'm even more confused now than I was before! Why are there so many! Can I use them for buying things? I don't see any of these as an option to pay when I go on Amazon.... What's the point? Can't I just ask you to invest 50 euros and I'll give you 1000 Unicorn butterfly fairy dust tokens?
How to withdraw USDT from OKX wallet? There is only seed phrase: head isolate sound end kit industry choice festival limit stable dolphin derive
There are a lot of things that are not clear, but interesting) Sorry for the stupid question, maybe someone here can tell me if there is USDT in my wallet, how can I transfer it to binance? There are only words: head isolate sound end kit industry choice festival limit stable dolphin derive. I don’t know the password, I don’t know anything else, how can I withdraw money with only these phrases?
Question, where can i find legitimate physical crypto coin or token?
Physical? I don't think you understand this. You can write it on a piece of paper if you want lol.
it's digital.
Uhm crypto is digital bud
soon, there won't even be paper cash or coins. everything will be digital. probably within 5-10 years.
so why do stablecoins have "coin" in their name if they are tokens?
Tell them to change their name to Stabletoken.
Matic and some other token act as coin and token as it is token in ethereum blockchain and has it own blockchain in ether
gm
Gold = Coin. Paper = Token. Diamonds = $hitcoin
Thanks for continues updates! am super excited about how my investments is going so far, making over $13k every week is an amazing gain
Hi
Very simple and good data, except for the unnecessary, irritating background music.
😅the music isn't irritating dearie 😅
Oh yes it is!!! I do Not Know why anyone creating such excellent content feels the need to use this Irritating ‘music’. Doesn’t add a thing But detracts from the quality of the video!
Agree that the music is very irritating
I traded well on my Demo account but when I invested in to my main account i lost all my funds. Please i need an expert to assist me with my trading. It's frustrating how people loss funds in this trading, I really feel so bad.
Neon going to 1.15
ничего не понятно
doesn't uniswap have it's own blockchain?
No
Tokenization of your house, than someone steals your wallet and owns your house legally? I dont think so.
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How do you do it brother ?
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NOT is probably nothing
Trade 100 Pennies for One 100 Copper Point Trade Token.
Trade 100 Nickels for One 500 Silver Point Trade Token.
Trade 100 Dimes for One 1,000 Silver Point Trade Token, At A Time.
Trade 40 Quarters for One 1,000 Silver Token Trade Token, At A Time.
Hopefully, this will come in 2028.
Crypto is not the future.
Trading is the future.
But, I could see the difficulty of achieving one silver token from work via 5 Hours of Remote Work From Home via Meta Quest & Robot.
I'm favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy.
Haven't you. Gotten another favour after the 32k...... And you're even using the name of jesus
XRP Ripple is the future.
a very very far future....meanwhile everyone else is getting rich of other cryptos.....hahah
@@JalomMatiayour opinion on shiba inu?
@@footballfan5753 .
yup. good project. i like DOGE, SHIBA, and FLOKI for different reasons.
@@footballfan5753sell
Lol
Thank you! But please don't talk about shitcoins. Focus on the only scarce Money. Bitcoin. Thanks!
Good
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I traded well on my Demo account but when I invested in to my main account i lost all my funds. Please i need an expert to assist me with my trading. It's frustrating how people loss funds in this trading, I really feel so bad.
Trading is like the casino, but more rigged.