Why is Crypto Token Better than Crypto Coin

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Why is Crypto Token Better than Crypto Coin?
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Following are the benefits of using Crypto tokens
over the Crypto Coins
Easy Trading Crypto tokens are the future of
representing assets. A token offers easy trading
and exchange of assets without the involvement
of any intermediaries. Tokenization eradicates
all of the middlemen from the market and makes
the path to trading frictionless. Interconnectivi
ty Even without dedicated standards and
protocols, the blockchain integrates all of the
token holders which was never possible in the
stock market industry. Evolution of Trading The
adoption of the latest terminologies such as
Decentralised Finance (Defi), Initial Coin
Offering (ICO), and Security Token Offering
(STO) are increasing the growth of Crypto Tokens
in the finance industry. Decentralization Crypto
tokens work independently on the Ethereum
blockchain, it demarcates the presence of
middlemen or any other financial institution.
The penetration of Crypto tokens has started
introducing direct trading opportunities in
multiple industries.
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Difference Between Crypto Coin And Crypto Token?
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Crypto Coin
Crypto Token A Crypto Token is a digital asset iss
ued on a particular project.
A Crypto Coin is a virtual currency similar to
the physical currency. A Crypto coin operates on t
he protocols of its own blockchain.
token doesnt operate on its own
Theyre issued on the Ethereum
A crypto blockchain. network.
Crypto Coins are only used as a source of
finance and payment on a blockchain.
A Crypto Token has a far-ranging functionality
than a Crypto Coin. We can use it to make
investments, store value, or make payments.
Examples of Crypto Coins are Bitcoins, Etherum,
Cardano, etc.
Examples of Crypto Tokens are Tether, Chainlink,
Uniswap, etc.
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