Cryptocurrency Tokens

Cryptocurrency-Tokens

Cryptocurrency:

The digital currency that runs on a distributed public ledger, i.e.; blockchain is a digital asset that can be used for exchange, making the payments secure. It helps in storing money/value without the help of third-party partners, like banks. This makes the system more secure and trustworthy, however, the investment in cryptocurrency is better when done with some amount of resilience, as a risk management for the risk of losing it.

Tokens/ Crypto Tokens:

Apart from being a type of cryptocurrency, the tokens or crypto tokens are also a representation of ownership of real-world assets. These security tokens use blockchain for tracking the ownership of assets. They are also often used to raise funds and are created through ICO (Initial Coin Offerings)