Difference of Security and Utility Token

Difference of Security and Utility Token.jpeg

👨‍💼Most crypto investors purchase utility and security tokens but do you know the difference? Security and utility tokens work for very different purposes in cryptocurrency.

🪙Security tokens represent ownership shares in a company that does business using blockchain technology, like a digital, decentralized share of stock.

📊Security tokens are the digital, web3.0 version of financial securities. They present ownership in an asset regulated by the government just like traditional securities, representing ownership shares in a company that does business using blockchain technology.

📲On the other hand, utility tokens are not yet classified as securities but can provide various uses to the token holder. They are promotional tools that grant holders special access or promotions for future product or service launches.

🚀Like Coinswap Space $CSS token, it is both a utility and a governance token. $CSS token holders have the privilege to use all the features available on our platform, like On-chain voting, participating in any upcoming IDO launching on our multi-chain launchpad spacePad, earn by Farming and staking. As a utility token, you can also use $CSS to book travel accommodations on the spaceTravel Luxury platform or buy your favorite coffee on Coffeswap Ph. Get your own Coinswap Space $CSS token today.

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