Token vs Coin
The difference between native blockchain coins and tokens built on top of them.
A coin runs on its own blockchain (like Bitcoin or Ethereum).
A token, on the other hand, is built on another blockchain —
for example, USDT or UNI live on Ethereum as ERC-20 tokens.
Why it matters
- Coins are used to pay network fees and secure blockchains
- Tokens are used for apps, governance, or rewards
- Understanding the difference helps you avoid sending assets to the wrong chain
💡 Lanzo Tip
Before sending crypto, double-check if it’s a coin or token
and confirm the right network — ERC-20 ≠ BEP-20 ≠ Solana.