When asked, “What’s the difference between a native coin and a token?”
I usually answer like this: A wrapped token maps an asset 1:1 onto another chain or to another standard. For example, WBTC is an ERC-20 token on Ethereum that represents Bitcoin. It’s useful to know the difference between native coins and tokens: when choosing a chain, preparing gas, or checking a contract address, you need to know which type of asset you’re holding.
$ETH 2054.77（-0.36%）
What would you like to hear about next time? Wallets or something else?
Whether to buy is up to you; I’m just documenting this.
I usually answer like this: A wrapped token maps an asset 1:1 onto another chain or to another standard. For example, WBTC is an ERC-20 token on Ethereum that represents Bitcoin. It’s useful to know the difference between native coins and tokens: when choosing a chain, preparing gas, or checking a contract address, you need to know which type of asset you’re holding.
$ETH 2054.77（-0.36%）
What would you like to hear about next time? Wallets or something else?
Whether to buy is up to you; I’m just documenting this.