Do you Know the Difference Between a Token and a Coin? This is the Difference Simply and Without Complication!

We simplify further the difference between a Coin and a Token:

Has it become easy?

Let us simplify further the difference between a Coin and a Token.

When you want to build a house, you must lay a strong foundation for this house commensurate with its size... This is self-evident.

This house is the Coin .. and the basis is the network on which it is based .. Blockchain, Ethereum, or something else.

Suppose, for example, that you built your house from only two floors.. but you put a foundation for it ten more floors...

Now you want to add a new floor .. this floor is the Token.

It is - as you can see - based on the same foundation that you laid to build the house (Coin).

Which is better to invest... Token or Coin?

Does this question matter to you?

I think that the question is not important to beginners .. they often do not pay attention to this difference that we are talking about.

I will mention a number of currencies for you:

• Basic Attention Token (BAT)

• Loopring (LRC)

• Dai (DAI)

• Chainlink (LINK)

• Crypto.com Coin (CRO)

• Huobi Token (HT)

• BitTorrent (BTT)

What do you think of it? Isn't it all attractive to you?

Imagine that these currencies are all tokens?

I will not talk in a complicated way as we agreed ... I will give you an example of the difference between a coin and a token in terms of importance or investment...

Imagine, for example, that there is a football match between Barcelona and Liverpool... Each coach will start with only 11 players .. These are the rules of the game... But there are other players who will sit on the reserve seats... Are they less valuable than their colleagues who were chosen by the coach to perform the match as players essential ?!

Of course not... A reserve player may participate, turn the match around, and be the first star of the match and the reason for his team’s victory.

I will give you another example .. Imagine, for example, that Messi, Ronaldo, Mo Salah, or Neymar sat back-up in a match for their team... Does this mean they are the lowest level or worth of those who players essential?

This is the difference between Coin and Token .. Do not give this matter your attention, I am talking here for beginners, especially since the token can at any time be converted into a coin.