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Token
What's the difference between a coin and a token?
Direct answer
A coin is the native asset of its own blockchain (BTC, ETH, SOL) and requires building or forking a chain. A token is created on an existing blockchain via a smart contract (most ERC-20/BEP-20 assets).
Details
. A token is created on an existing blockchain via a smart contract (most ERC-20/BEP-20 assets). Tokens are far faster and cheaper to launch than a native coin.
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