🗒️ Cryptocurrency Basics｜Native Coins and Tokens
· What they are: Native coins are built into a public blockchain’s protocol, such as BTC on the Bitcoin network, ETH on Ethereum, and BNB on BNB Smart Chain.
· How they work: Native coins are recorded and issued directly according to consensus rules, while token balances are recorded in the corresponding smart contract, and issuance rules are determined by the contract code.
· Note: Before buying a token, verify its contract address through official channels. Having the same name and ticker does not mean two tokens are the same.
$ETH 2411.55（-0.7%）
· What they are: Native coins are built into a public blockchain’s protocol, such as BTC on the Bitcoin network, ETH on Ethereum, and BNB on BNB Smart Chain.
· How they work: Native coins are recorded and issued directly according to consensus rules, while token balances are recorded in the corresponding smart contract, and issuance rules are determined by the contract code.
· Note: Before buying a token, verify its contract address through official channels. Having the same name and ticker does not mean two tokens are the same.
$ETH 2411.55（-0.7%）