Forms of cryptocurrency

The digital currency is divided into coins and tokens.Coin. It is a monetary unit of cryptocurrency that operates on its own blockchain. It can be mined using mining — providing the system with the computing power of your computer. Coins can be transferred to other users of the blockchain system and sold for regular currency. Some companies accept them as payment for goods and services. For example, Microsoft sells the Windows operating system and the Xbox game console for bitcoins.There are coins that work on the rewritten bitcoin blockchain. They are called altcoins — alternative versions of bitcoin.The token. This monetary unit of cryptocurrency is created on the basis of an already existing blockchain. They cannot be obtained, but they can be bought or obtained for activity. Tokens, even in theory, cannot be paid for, they are used to give the user access to the platform's functions. If a coin is a bill, then a token is a ticket. But if you bring the token to the stock exchange, it can be exchanged for regular money at the current exchange rate.