# Blockchain Tokens

> What are the several types of blockchains tokens?

**Published by:** [PinaDeFi](https://paragraph.com/@pinadefi/)
**Published on:** 2022-12-17
**Categories:** blockchain, tokens, cryptocurrency, nft's, defi
**URL:** https://paragraph.com/@pinadefi/blockchain-tokens

## Content

Learn all about the different types of tokens with their features and examples:Utility TokensTokens that represent a value on the blockchain giving access to a specific product or service. Example is the BNB token, which is the native currency of Binance network.2. Security TokensSecuritized crypto that represents the value of an equity and can be traded under a financial regulation as security. Example is the Sia Funds (SF) which is the native currency of Sia Foundation.3. Payment TokensTokens that are used for buying and selling a goods and services. A great example is Bitcoin which is used easily via lightning network for payments.4. Exchange TokensTokens that are created by the crypto exchanges to be used across their platform. Binance is using BNB and BUSD or buying and selling and swapping tokens in their platform.5. DeFi TokensTokens that is used as a part of a Decentralized Finance (DeFi) ecosystem. An example is the native cryptocurrency of AAVE protocol (AAVE coin)6. Non-fungible TokensDigital representation of anything that has value. This can be a ticket, title deed or digital art. Opensea.io is the platform that is leading the market7. Asset backed TokensTokens that their value is backed by real-world assets such as commodities or fiat currencies. An example is the PAX Gold (PAXG) which is backed by physical gold.8. Algorithmic TokensTokens that their value and supply is determined by an algorithm to be stable. This tokens are the most debatable due to terra ecosystem, the greatest failure. Ampleforth is a coin that the value is determined algorithmically.9. Privacy TokensTokens that are used to hide any information about the person that is using it. Monero is the coin that is leading the space.10. Governance TokensTokens that are used to offer people the ability to participate and vote on a specific project. MakerDAO native token MKR is used to govern the ecosystemThere are some more types of tokens but in my opinion this is the most important one’s. If I missed something important do not hesitate to comment!Follow me for more!

## Publication Information

- [PinaDeFi](https://paragraph.com/@pinadefi/): Publication homepage
- [All Posts](https://paragraph.com/@pinadefi/): More posts from this publication
- [RSS Feed](https://api.paragraph.com/blogs/rss/@pinadefi): Subscribe to updates
- [Twitter](https://twitter.com/https://twitter.com/pinadefi): Follow on Twitter

## Optional

- [Collect as NFT](https://paragraph.com/@pinadefi/blockchain-tokens): Support the author by collecting this post
- [View Collectors](https://paragraph.com/@pinadefi/blockchain-tokens/collectors): See who has collected this post