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Types of Tokens

A collection of 2 posts

What Are Exchange-based Tokens?
Crypto Token

What Are Exchange-based Tokens?

An exchange token is a digital asset unique to a specific cryptocurrency exchange. These tokens are native to their parent exchange and are primarily used to fund the platform. Exchange tokens are exclusive to the platform they serve.

Oluyinka Odewole Aug 24, 2022 • 5 min read
Cryptocurrency: Coin Vs. Token
cryptocurrency

Cryptocurrency: Coin Vs. Token

What differentiates the two crypto assets is their utility. All coins are tokens, but not all tokens are coins. A coin is a digital asset that is unique to its blockchain. A token is a digital asset based on an existing blockchain.

Oluyinka Odewole Jun 30, 2022 • 5 min read
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