What makes a crypto token different from a cryptocurrency?

submitted 3 months ago by Elsamarie to cryptocurrency

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.

For more details - https://www.clarisco.com/token-development-company

Book a Free Demo - https://shorturl.at/xGQ18

Skype - live:62781b9208711b89