A cryptocurrency is a virtual money, such as Bitcoin, utilized on blockchains as a means of exchange. On the other hand, a crypto token is a digital asset generated within a blockchain that frequently symbolizes resources or services, such as NFTs. These tokens are made by a token development company that specializes in token production for a range of uses, including asset representation and governance. Although all cryptocurrencies are tokens, not all of them are used as means of exchange.
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