Is Bitcoin a coin or token?

A crypto coin is the digital version of underlying value, which might be debatable, whereas tokens carry the asset or deeds . One can buy tokens with coins, but some tokens can carry more value than any of them. For example, equity shares of a company.

Is Bitcoin a token or a coin? Bitcoin is a cryptocurrency , which has virtual tokens or coins that can be used to trade or make purchases.

Tokens represent assets payable with coins These ‘tokens’ can be held for value, traded, and ‘staked’ to earn interest . Some commonly seen tokens are Tether , Uniswap, Chainlink and Polygon. Tokens are used with decentralised applications (DApps) and usually built on top of an existing blockchain.24 Ara 2021