What do tokens do?

Tokens can be used for investment purposes, to store value, or to make purchases . Cryptocurrencies are digital currencies used to facilitate transactions (making and receiving payments) along the blockchain. Altcoins and crypto tokens are types of cryptocurrencies with different functions.

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What are Polkadot coins?

Polkadot is a protocol that connects blockchains — allowing value and data to be sent across previously incompatible networks (Bitcoin and Ethereum, for example). It’s also designed to be fast and scalable. The DOT token is used for staking and governance; it can be bought or sold on Coinbase and other exchanges.

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