What is Token?

#CEX_IO #token #crypto #exchange #NFT

The terms ‘coin’ and ‘token’ are often used interchangeably when talking about the crypto ecosystem. But understanding the difference between coins and tokens is crucial to unpacking the potential that each digital asset can offer within the crypto ecosystem.

In this video, we’ll take a look at what makes coins and tokens unique, revisit how smart contracts work within a blockchain, and brush up on the difference between fungible and non-fungible assets. If you’re curious about what tokens are available in your area, head over to the CEX.IO exchange to start trading.

Trade over 100 different crypto assets on the CEX.IO exchange — https://cex.io/trade

Learn more about the cryptocurrency ecosystem at CEX.IO University — https://university.cex.io/
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