FAQs

Tokens

Category: Tokens
An ERC20 token is a blockchain-based asset with similar functionality to bitcoin, ether, and bitcoin cash: it can hold value and be sent and received. The major difference between ERC20 tokens and other cryptocurrencies is that ERC20 tokens are created and hosted on the Ethereum blockchain, whereas bitcoin and bitcoin cash are the native currencies of their respective blockchains.
Category: Tokens

A coin is a cryptocurrency that can operate independently, while a token is a cryptocurrency that depends on another cryptocurrency as a platform to operate. For example, an ERC-20 is a token.

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