Checkout
Start free trial
Take Naologic for a spin today, no credit card needed and no obligations.
Start free trial
Question

Tokens - What is the difference between a token and a coin?

Answer

The terms "coin" and "token" are occasionally used interchangeably when talking about cryptocurrencies, even though they mean distinct things. Tokens have more versatility than coins, which are mostly used as money. Although coins are fundamental to their primary blockchain, tokens are created over top of them.