A unit of cryptocurrency, often used interchangeably with “coin” but technically distinct. “Coin” usually refers to a chain’s native asset (BTC, ETH, SOL); “token” usually refers to assets issued on a chain (USDC, UNI, AAVE on Ethereum). Token standards: ERC-20 (fungible), ERC-721 (NFT), ERC-1155 (semi-fungible).
Token
A unit of cryptocurrency, often used interchangeably with "coin" but technically distinct. "Coin" usually refers to a chain's native asset (BTC, ETH, SOL); "token" usually refers to assets issued on a chain (USDC, UNI, AAVE on Ethereum). Token standards: ERC-20 (fungible), ERC-721 (NFT), ERC-1155 (semi-fungible).
Not financial advice. Information on TheWeal is for general education and reporting. Always do your own research and consult a qualified advisor before making any investment decision. Read our full disclaimer.