German NOUN B2 Rank 14772

der Token

token

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Token vs Coin

coin

Coin and Token can both be digital units with a value in the world of cryptocurrencies. A Coin is usually the native unit of a cryptocurrency with its own blockchain; a Token is often issued on an existing blockchain. The exact term therefore depends on knowing the underlying technology.

Visual example for Coin
Token

Diese digitale Rechteinheit ist ein Token, der auf einer bereits bestehenden Blockchain ausgegeben wurde.

This digital unit representing rights is a Token issued on an existing blockchain.

Coin

Bitcoin ist ein Coin, dessen Kryptowährung auf einer eigenen Blockchain läuft.

Bitcoin is a Coin whose cryptocurrency runs on its own blockchain.

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In real life

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