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Author Topic: Coins vs token  (Read 225 times)
alrez
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May 30, 2018, 12:34:29 AM
 #21

A coin is a crypto currency, which was self-contained, has its own blockchain, has its own system, so it is able to conduct transactions in the market, while tokens are coin candidates, tokens still have to join with one coin, before he grows and can stand on his own. that's a simple way to understand coins and tokens, in my opinion.
wong tsu gieh
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May 30, 2018, 01:30:11 AM
 #22

There are many cryptocurrency in crypto market. So many tokens are arrived market to use other coins platform like Ethereum. Coins have won platform but why tokens need other platform. Why does not transaction tokens ? I am confused. Please anyone describe easily to make sense ?   Cry Cry

Indeed many people who use Coin and Coin are the best cryptocurrency markets and for tokens, many people use tokens for platforms, therefore, I prefer Coin in comparison with tokens because the coin is very popular

joesastro
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May 30, 2018, 01:57:13 AM
 #23

There are many cryptocurrency in crypto market. So many tokens are arrived market to use other coins platform like Ethereum. Coins have won platform but why tokens need other platform. Why does not transaction tokens ? I am confused. Please anyone describe easily to make sense ?   Cry Cry

I think personally, they are no different. Coins have their own network on the platform while tokens are based on the platform. Tokens can basically represent any interchangeable and tradable assets, from commodities to loyalty points to other cryptocurrencies. But I think they both benefit us all.

abaidudez
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May 30, 2018, 06:21:11 AM
 #24

Coins and Tokens are both crypto currency but the have some difference.
Coins, for example Bitcoin, is a cryptocurrency type which operates with their own platform. Tokens in the other hand requires other platform like ethereum to exist.


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paramex
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May 30, 2018, 06:31:23 AM
 #25

There are many cryptocurrency in crypto market. So many tokens are arrived market to use other coins platform like Ethereum. Coins have won platform but why tokens need other platform. Why does not transaction tokens ? I am confused. Please anyone describe easily to make sense ?   Cry Cry

I think they are no different. Coins have their own network on the platform while tokens are based on the platform. Both are the best cryptocurrency markets and for tokens, many people use tokens for platforms, therefore, I prefer Coin compared to tokens, but they are both profitable

HarpeCharlotte
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June 10, 2018, 01:00:40 PM
 #26

Actually there is no huge difference between coins and tokens. Tokens are utilized by engineers as a reward that is upheld by erc20token to be capable for trade in coins that can be used in all the more exchanging stage. Tokens are made not precisely the same as coin but rather can be used to procure gigantic when the cost is great in the market. In is upheld by Ethereum so as to have particular coin to trade with.   
dead_m92
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June 10, 2018, 01:08:43 PM
 #27

The problem is that if you invest on a coin, you do not know how the contract works, if you invest on a token, like an ERC20, you can easily see the contract to see if everything is good enough or not.

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Brivwe
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June 10, 2018, 01:13:21 PM
 #28

There are many cryptocurrency in crypto market. So many tokens are arrived market to use other coins platform like Ethereum. Coins have won platform but why tokens need other platform. Why does not transaction tokens ? I am confused. Please anyone describe easily to make sense ?   Cry Cry
mariaana
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June 10, 2018, 01:14:07 PM
 #29

I think coin are crypto currency that has a value and listed in the market while token are new cryptocurrency that are new in the market and not listed in an exchange. Token are those that are sold in an ICO token sale.
almanPeter
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June 16, 2018, 11:15:52 AM
 #30

I rather invest in tokens than in coins. There are many token-based Projects that will bring you profit over time
I thoroughly studied the project which is called ‘Socratus’ and I found it really interesting. it is an insurance ecosystem which provides a digital platform for insurance companies. Sounds impressive, this project definitely needs attention.
You should also give it a try, just google and you will find all the information about this project.
Have a nice day
Cryptodrees
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June 20, 2018, 07:34:07 PM
 #31

The facts still holds that tokens are created based on the etherum blockchain medium and they are minute to the extent that the number of transaction that are made with tokens are not that much and not worth creating a whole new network for them, and unlike all the other cryptocuurencies in crypto markets,they are only used for one particular domain, tokens unlike cryptocurrencies usually don't last that long because people use them for profit only,it is also a basic pump and dump depending on the time frame of hoarding.
Cryptodrees
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June 20, 2018, 07:35:49 PM
 #32

The facts still holds that tokens are created based on the etherum blockchain medium and they are minute to the extent that the number of transaction that are made with tokens are not that much and not worth creating a whole new network for them, and unlike all the other cryptocuurencies in crypto markets,they are only used for one particular domain, tokens unlike cryptocurrencies usually don't last that long because people use them for profit only,it is also a basic pump and dump depending on the time frame of hoarding. In a nutshell I would prefer investing in tokens.
keycellko
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June 20, 2018, 08:10:48 PM
 #33

Coins are terms used for cryptocurrency like bitcoin or altcoin which uses are mainly for peer to peer transactions. Tokens on the other hand are utility based. Its uses are not necessarily peer to peer transactions. One example would be travel tokens in which you can use for travel.
nahnah
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June 20, 2018, 08:21:15 PM
 #34

I think token is a cryptocurrency made for investors who have an interest in investing in a particular project, while coin is used as a means of payment to buy the token,
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