Crypto tokens and crypto coins are both digital assets in the cryptocurrency space. However, there is a key difference between the two. Crypto coins, such as Bitcoin and Ethereum, are used as a medium of exchange and have their own independent blockchain. On the other hand, crypto tokens are built on top of existing blockchain platforms, such as Ethereum, and represent assets such as a unit of value, a proof of membership, or a voting right in a decentralised organisation. In other words, crypto coins are currency in themselves, while crypto tokens are built on top of a blockchain and serve a specific purpose within a decentralised application. If you want to create your own Crypto Token then reach out to the LBM Solutions which is the leading Crypto Token Development Company in india.
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