The popular cryptocurrency and blockchain system Ethereum is based on the use of tokens , which can be bought, sold, or traded. Ethereum was launched in 2015, and since then it has become one of the driving forces behind the popularity of cryptocurrency.
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A crypto token is a cryptocurrency that doesn’t have its own native blockchain. Developers build it on the blockchain of another cryptocurrency.
Read moreIs Bitcoin a token or a coin?
Bitcoin was the first ever crypto coin as it has clear features that define a crypto coin and separate it from crypto token. These are: Crypto coins operate on blockchains: It means that a blockchain keeps track of all transactions that involve its native crypto coin.
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