Greetings to all the members of the community hope all are well and doing thier work properly we all know crypto currency and some of us has listen about that the crypto currency has two things on which crypto currency is running first one is crypto tokens and another is crypto coins and I'm going to share that what is crypto tokens.
A coin who is using blockchain of another coin and working is called crypto token.For example safe moon and safe mars and usdt and the usdt is ethereum base and also tron base.Crypto tokens are used for digital contracts and also use as a payment.The need to make crypto tokens is that some developers and companies has no initial investment to make thier own blockchain and bear their other expenses theny they use the blockchain of another coin and work and did coding and make contract for issue thier tokens.Then they got some high investment and grow and then they made thier own blockchain.For example tron was firstly ethereum base but now tron has his own blockchain and bnb has now also his own blockchain in binance as we called this blockchain as margin and we called bnb as bnb coin before bnb was also ethereum base.Crypto tokens has gives some rent to the crypto coins for using their blockchain.If the developers work well and grow thier contract then they can change thier toke to an coin but it is not easy the developers has to make a bridge that thier user can change the tokens into coins.A crypto currency that store the data of thier transaction on another coin blockchain is also known as crypto token.The third high trading currency tether usdt data is on ethereum and tron blockchain.The next thing is that if we want in invest in any currency then can we invest in crpto tokens?The answer is yes we can invest in crypto tokens for example uniswap is a token of decenterlizied exchange which are launched on ethereum blockchain and its top ten crypto currency in the world and it has very good value and another important thing is that if we want to invest in crypto tokens then check the fundamental and team of token and if the token has good fundamental and good team then invest on those tokens and it will gives you muc beneftheIn this post i have share then what is crypto tokens and i hope it will e very helpful for users.
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