Coin vs. Token: What are They and How Do They Differ

In this educational video, 🎓 we will explore the world of cryptocurrencies to clarify the fundamental differences between coins and tokens. Discover whether Bitcoin is considered a currency or a token and understand the distinctions between them. We will examine the concept of coins as independent digital currencies operating on their own blockchain networks, while tokens are built on existing blockchain platforms like Ethereum or Binance Smart Chain, serving specific purposes within projects or ecosystems. Learn about utility tokens and security tokens, and grasp the importance of these components within the cryptocurrency ecosystem. Whether you're a beginner or an enthusiast, this video offers valuable insights into the world of digital currencies. #Bitcoin #Cryptocurrency #Coins #Tokens #Blockchain #Ethereum #BinanceSmartChain #UtilityTokens #SecurityTokens #CryptoEducation 🚀🔗💰

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