Bitcoin
Bitcoin
BTC
$103,360.00
1d: -0.31%
7d: +0.13%
$103,360.00
-0.31%
Ethereum
Ethereum
ETH
$2,483.07
1d: -3.50%
7d: -0.55%
$2,483.07
-3.50%
Polkadot
Polkadot
DOT
$4.65
1d: -3.20%
7d: -8.80%
$4.65
-3.20%
Solana
Solana
SOL
$166.75
1d: -1.71%
7d: -3.46%
$166.75
-1.71%
XRP
XRP
XRP
$2.36
1d: -2.02%
7d: -2.66%
$2.36
-2.02%
Shiba Inu
Shiba Inu
SHIB
$0.00001420
1d: -3.70%
7d: -11.25%
$0.00001420
-3.70%

Coin

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Table of contents
    1. 0.2. Functionality of Coins
    2. 0.4. Difference Between Coins and Tokens

A coin in the cryptocurrency world refers to a digital asset or token that operates on its own independent blockchain. These are typically used as a medium of exchange, store of value, or for other functionalities within their respective ecosystems. Bitcoin, Ethereum, and Litecoin are prime examples of coins.

Functionality of Coins

Coins are generally used for transactions within their blockchain networks. For instance, Bitcoin is used for peer-to-peer transactions, while Ethereum’s coin, Ether, powers decentralized applications (dApps) and smart contracts.

Difference Between Coins and Tokens

Unlike tokens, which are created on top of other blockchains (like Ethereum), coins have their own native blockchains. Coins typically serve broader roles in their ecosystems, whereas tokens may represent specific assets or utilities.