Do not confuse cryptocurrencies, altcoins and coins – Often terms such as tokens are used synonymously in practice, even if there are sometimes major differences between the individual terms:<\/p>\n
Coin<\/a>, for example, is a term that is generally used for digital currencies (cryptocurrencies) and equally for altcoins<\/a>. Strictly speaking, altcoins are all digital currencies except Bitcoin<\/a>, as they are intended to be an alternative to the leading digital currency. However, the so-called tokens must be distinguished from coins and cryptocurrencies. <\/p>\n What it is in detail is not exactly defined. However, it is certain that you can compare tokens with a type of voucher, which in turn represents a specific economic good or asset. In practice, you are acquiring a type of share certificate, which does not necessarily have its own value, but which can still have a certain price due to demand, at which it is traded. <\/p>\nWhat is a Token?<\/h2>\n