They’re both called “coins,” but some are native to their own public blockchain, while others are issued on someone else’s chain.
A native coin is an asset built into a public blockchain’s protocol, such as BTC on the Bitcoin network, ETH on Ethereum, and BNB on BNB Smart Chain.
Key point: Keep some native coins in your wallet to pay transaction fees; otherwise, your tokens may get stuck and you won’t be able to move them.
$ETH is Ethereum’s native coin. Token transfers on Ethereum also require $ETH to pay Gas. Currently: 2430.97.
Understanding the rules helps you make informed decisions; it’s not about guessing market movements.
A native coin is an asset built into a public blockchain’s protocol, such as BTC on the Bitcoin network, ETH on Ethereum, and BNB on BNB Smart Chain.
Key point: Keep some native coins in your wallet to pay transaction fees; otherwise, your tokens may get stuck and you won’t be able to move them.
$ETH is Ethereum’s native coin. Token transfers on Ethereum also require $ETH to pay Gas. Currently: 2430.97.
Understanding the rules helps you make informed decisions; it’s not about guessing market movements.
