How are you? I am also very well by the grace of Allah. Today I will share with you about coins and tokens. There are various types of cryptocurrencies in the crypto market, but cryptocurrencies are mainly divided into two categories. One of these is coin and another is token. Coins are operated using the block chain system.

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For example let's talk about Ethereum, Ethereum has its own block chain. And the name of the coin of Ethereum is Ether. Just like this if we talk about other coins for example, like Bitcoin has its own blockchain, when transactions of Bitcoin or Ethereum coins are done through their own blockchain.

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Suppose you give Ether to a person to make a transaction, then your transaction will go through the Ethereum blockchain. In the same way, if some other random person gives you Ethereum or Bitcoin cryptocurrency or any type of coin, the coins will go to the blockchain of those coins. So now let's discuss coins. Coins work like currency, meaning you can exchange random things. Ether, Bitcoin, solana, bnb, dot etc are crypto coins, there are many more types of coins in crypto market but these are popular coins. Bitcoins can be earned by mining Bitcoins, but currently the number of Bitcoins is decreasing, not so much Bitcoins can be obtained by mining, but the price of Bitcoins has increased after the last halving due to low supply. So now let's discuss tokens. Tokens do not have their own blockchain like coins. Tokens are dependent on other coins' blockchains. For example Ethereum has its own blockchain and the coin is called Ether, the token that operates on the Ethereum blockchain is called BAT,BNT. The biggest difference between coins and tokens is that coins do not move from one place to another, only the amount of coins changes. But tokens can move from one place to another.

Today's discussion concludes here. I hope you've found it interesting. Please share your thoughts on today's topic. Prayers for everyone. May everyone be well. Amen.