Are tokens a cryptocurrency?

To answer that question, we need to understand what is a currency. Currency, according to Investopedia, is a form of money that is generally accepted. Also, a currency must have a value in the market, which virtual currencies aka cryptocurrencies have. Now, are tokens cryptocurrencies? Yes, because they also have a value on the market. But tokens can be more than just a cryptocurrency. Why? Because tokens can be used for other purposes as well, depending on the project it was created for.

 

An interesting article about tokens on cryptofinance24.com

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