Crypto Token VS Coin (Animated Explainer & Examples)
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- Опубліковано 19 лип 2024
- What’s the difference between crypto Tokens VS Coins?
Both coins and tokens are cryptocurrency assets. However, coins have blockchains of their own, while tokens are built on existing blockchains, and usually represent some sort of a project.
Today I’ll explain to you what crypto coins and tokens are, without using any complicated crypto terminology or industry-specific jargon. With the help of examples and visual stories, I will also discuss the specific differences between the two assets, and explain why you should care about all of it, in the first place.
Do you think the differences between coins and tokens are important? Share your opinions in the comments down below!
Video Time Table:
0:00 Introduction to Coin VS Token
1:12 What Are Crypto Coins & Tokens?
6:52 What Are the Differences Between Coins & Tokens?
11:13 Why Do The Differences Between Coins & Tokens Matter?
12:16 Wrap-up: Coin VS Token
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Great vid bro ❤
Thanks dude. Trying my best. More nice videos to come.
Thank you for creating this video! I learned a lot from this! Thumbs up!
Glad you picked up some cool insights. Thanks for the thumbs up. Stick around for more epic stuff!
Whiteboard Crypto must have been a big influence 😄
Yes, haha, he was! He's my favorite crypto explainer, and has ignited a passion within me to create videos explaining crypto, such as this one about tokens and coins! :D
This video is very esay to understand. Keep going! This channel is one of the best channel for beginners
Thank you so much! I will keep on delivering quality content, you can count on it!
Thanks so much for that video! Your video is well done and it is very easy to follow. Now I understand it! :)
I'm so glad to hear that, thanks so much for watching!
Thanks... Informative video!😊
Thank you for watching! :)
Great video dude!! 👍
Thanks mate, glad you liked it!
You made me want to learn more about crypto, as your video is interesting and easy to understand. Please keep it going :)
That means so much, thank you!!! I shall, and I'm glad you're sticking along - cheers! :)
now i know where to put my money between the two, am thankful for this, keep making more
Thanks a lot! Both crypto coins and tokens can be really interesting - I'm glad that you've enjoyed the video!
They does this channel have such low subscribers😢... Out of 4, this is the only video that cleared my confusion.
Glad to help, tho!
Amazing explanation. Thank you 💟
Thank YOU for watching!
Thanks for the informative content! I'd like to understand more about whether there are any differences in how tokens vs coins are treated by regulatory bodies
Good question! Not really, though - both tokens and coins are usually summed up in a few categories. Some coins & tokens can be securities, while other coins & tokens can be viewed as "currencies" - it depends on the project and the specific circumstances!
Thanks for sharing the knowledge
Thank you for watching!!
I'm just starting to learn about it and answering your question, I think is very important to keep in mind the difference to understand a healthy movement on personal finances and on the general economy.
Token vs Coin is the core topic which you need to understand from the beginning! A very good insight, thanks!
Great videos on your channel! May be I use them at my bachelor thesis.
Thank you! Feel free to do so, and explain crypto tokens vs coins in your thesis, hahaha! :D
@@CryptoFinallyExplained Thank you^^ Am I right, that every token project build on a blockchain automatically uses the same consensus algorithm? Couldn't find it said that clearly anywhere. Like every project build on ETH has PoW? And when it changes to PoS they change too?
excellent enjoyable very easy to grasp
Thank you!
great overview on cryptocurrency. you should make links on the description
Thank you! Good point - I'll get to that!
Great explanation
Thank you very much, glad you think so!
that's a great explanation
Happy to hear that you enjoyed!
I have a question. In the case of the terra blockchain, UST and LUNA, are coins or tokens?
This video just made the whole subject of crypto and tokens so much more complicated that I decided not to ever buy any crypto or token other than my own! 😢
Sorry to hear that! Do you have any advice on how I can improve my future videos, so that I could present the topics I talk about in a clearer manner?
very nice thank you, what anime tool are you using
Thanks mate!
thanks
Thank you for watching!
I buy both coins and tokens. BTC and LEO for example.
Thanks for watching my video on crypto tokens VS coins!
If choose an asset among tokens, then I will choose LEO
It doesnt matter how many videos i watch, i still dont know the difference. 🤯
Hey, haha, it's important to do a lot of research, that's true! Perhaps I will make another, more in-depth crypto tokens VS coin video - keep an eye out for that!
@@CryptoFinallyExplained just subscribed and hit the bell. Thanks.
I've been buying LEO for some time now and in general I think tokens are a good option.
Hey, thanks so much for watching!
@@CryptoFinallyExplained What do you think about LEO?
would love to know more about why ethereum is so dynamic and can replace the essence of what the internet is today.
Hey, one of the main reasons is because Ethereum was the blockchain that initially launched (“invented”) Smart Contracts, and because it’s as established as it currently is. This leads to the vast majority of large, high-profile projects (such as stablecoins) being built and developed on Ethereum, since it’s seen as super-reliable and stable.
Furthermore, Ethereum allows for transparency, decentralization, and interoperability. All of these features are super-important when building the future of the internet!
Your content is good just change the intro from whiteboard crypto
Thanks, yup, good point, I'll keep sharing my personal crypto knowledge here!
And so if a coin (etherum for exemple) die, all the others tokens from it will follow ?
Not necessarily, no! It really depends on a few specifics, but essentially, there are surely certain fail-safes in place for this type of a scenario. It's a great question, though - I might make a whole, separate video about it, thanks for asking!
@@CryptoFinallyExplained thank you for your respond
374th... Thanks
Thanks for watching my video on crypto tokens VS coins!
Tokens win, I choose LEO
Thanks for watching and commenting!
This is a great informative video! You can also check out our channel for more content about the Cryptocurrency Space!
Thank you!
@@CryptoFinallyExplained you're welcome!
i wonder why ethereum is dropping
Hey mate, first of all, crypto is always the up and down thing! The current world events are undoubtedly making Ether’s price more volatile than usual. Also, inflation in the US, various regulatory rumors, and general market tendencies tend to impact the price, as well!
soooo unclear
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Hey, thanks for watching my video on crypto tokens VS coins!