Topic: What is the difference between a "coin" and "token"? (Read 8160 times)
you later change the tokens to coins, since any cryptocurrency has its own coins
I've heard of some companies offering tokens instead of coins, is this the same thing?
Coin, fixed, cryptocurrency. Actively traded on all crypto exchanges.Markers are created by companies leading ICO, and, as a rule, are completely new means of payment. Depending on which coin the token is attached to, it may have a specific block chain.
Apart from the difference in their names, and pronunciations, coins and tokens also differ in the way that while coins are a more advanced technology with a blockchain of their, tokens are less advanced, and have to depend on the blockchain technology of coins for their existence, and survival. I hope this helps 
I also found out quite late about the difference between a token and a coin)) But everything turned out to be quite simple!
A coin is a digital currency that is used for settlements within a particular technology. (In most cryptocurrencies, this is the blockchain technology).
A token is a kind of financial instrument that an investor receives from a company in exchange for his money. Possession of this tool implies a warranty.
But if you are only a bounty hunter, there is no difference what to earn.
I think so)
A coin is a digital currency that is used for settlements within a particular technology. (In most cryptocurrencies, this is the blockchain technology).
A token is a kind of financial instrument that an investor receives from a company in exchange for his money. Possession of this tool implies a warranty.
But if you are only a bounty hunter, there is no difference what to earn.
I think so)
Tokens and coins have significant differences. Unlike a token, any coin can be called a cryptocurrency. Tokens are not cryptocurrency, they are rather a kind of access key to the service provided by the project that issued such a token.
as i know coin is used for using moneys in general or exchange and token is about application and this is my knowledge about this.
I've heard of some companies offering tokens instead of coins, is this the same thing?
The difference is obvious. Much has been said about this. It seems to me that we need to talk about the prospects for development. It seems to me that coins have a better foundation than tokens. I try to avoid tokens when investing
I've heard of some companies offering tokens instead of coins, is this the same thing?
The difference between coins and tokens is the way they are created. Tokens, unlike coins, are created much easier. The creation of tokens is limited by the choice of platform + tokens are almost always created on a special basis.
The coin is an Altcoin produced with its ecosystem, just as NEO and ETH are considered currency when they have their ecosystem. Tokens are created based on other coins such as NEO and ETH. Based on Altcoin's foundation, we can distinguish it as a Coin or Token.
These are two name of the same one thing actually tokens are the first reward paid or allotted by a company against the work done for the company which are secondly converted in to tokens the main reward of the same company against the same work done for the company.
Tokken is a component of the coin, they can be obtained for special actions for the company , after which the company pays you tokens.
The token is a cryptocurrency that still attaches its network to another coin, for example the Ethereum coin that always gives its token network to ICO participants.
If Coin is a cryptocurrency that stands on its own network or has its own Explorer.
If Coin is a cryptocurrency that stands on its own network or has its own Explorer.
honestly, I do not see a difference, I know only one thing that tokens is so to speak a digital coin that you are paid, then you convert tokens into coins, and then into currency. Maybe I am.
The difference is very significant and of course as you guessed it, the coin has its own blockchain which can vary greatly in its beliefs, but as for the token, it is based on a common platform and has limitations in the changes.
Good question. For some time I couldn't grasp the distinction between “coin” and “token”. Then I've found this article from CITOWISE: https://blog.citowise.com/the-basics-coin-vs-token-what-is-the-difference-5cd270591538. Simple explanation there.
Actually, most companies offer both tokens and coins, for example, CEX.
Actually, most companies offer both tokens and coins, for example, CEX.
Coin is a means of payment. Bitcoin is a coin. Token is an asset that guarantees the compliance with the conditions, it works like a receipt for services or goods a person paid for.
Token is used when that ICO did not publish in the market.
Coin is used when that project is published already.
People will get many offers and benefits in buying Token and being one of the foundators of that ICO.
Coin is used when that project is published already.
People will get many offers and benefits in buying Token and being one of the foundators of that ICO.
I've heard of some companies offering tokens instead of coins, is this the same thing?
Coins are a method of payment and have a many uses like bitcoin or litecoin, you can use them in many ways and for many things, while tokens are just a type of currencies issued by a company or a site, specific to it so you can only use it for getting things or services from that specific place, and usually you are able to buy tokens with coins but not the other way. 
for me
the difference between token and coins and token is a reward when you join a bounty campaign that you can sell when the market value is out. you can accept it when you join airdrop facebook, twitter, signature that you do not need to invest you just need to work.
In coins you do not need to work as long as you have money you can invest and wait for the right time and recover your money when the value or market change is great.
the difference between token and coins and token is a reward when you join a bounty campaign that you can sell when the market value is out. you can accept it when you join airdrop facebook, twitter, signature that you do not need to invest you just need to work.
In coins you do not need to work as long as you have money you can invest and wait for the right time and recover your money when the value or market change is great.
I understand that the difference is that the token is not mine but the coin well and the difference in the protocols is available.
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