Coin vs Token: What is the Difference Between a Coin & a Token

On today’s episode of Your Simplified Coin Review, we look at the difference between a coin and a token. It’s actually pretty simple. A coin does not need another platform to work, while a token depends on another platform. An example of this would be ERC20 tokens that need the Ethereum blockchain in order to work. You can discover which is which very easily on Coin Market Cap. In this video, we show you how to do it!

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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.

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