Home Videos George Levy – What is the difference between a cryptocurrency coin and a token?

George Levy – What is the difference between a cryptocurrency coin and a token?

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https://GeorgeLevy.com/Free presents:

In this video, I answer a question from one of the students of the Cryptocurrency Fundamentals course,:

“What is the difference between a cryptocurrency coin and a token?”

I also show you where you can view different kinds of cryptocurrency coins and tokens along with their valuations.
You can find the Cryptocurrency Fundamentals course at the following link at a special discounted rate for George Levy YouTube channel viewers:

http://cryptocurrencyfundamentals.com

For more information on the Blockchain Institute of Technology, visit https://BlockchainInstituteofTechnology.com

Sign up to receive FREE video lessons from George Levy’s paid blockchain, Bitcoin and cryptocurrency courses at:

https://GeorgeLevy.com/Free

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52 Comments

  1. Johnny Doe

    January 22, 2018 at 8:58 pm

    thanks. short and to the point.

    Reply

  2. Thomas k Kuruvilla

    January 26, 2018 at 3:38 am

    Hearty genuine smile and thanks for the explaination , was able to savvy a pinch of what a token is . Not blaming you but in the limited n complicated subject you did very good n thanks

    Reply

  3. Ben McConnell

    January 26, 2018 at 4:15 am

    So is this the 'token' that trades on yobit????

    Reply

  4. Nidhesh Pillai

    January 30, 2018 at 11:30 am

    Can we exchange or spend tokens like the coins???

    Reply

  5. Alex Voytko

    January 30, 2018 at 5:37 pm

    creepy smile 😀

    Reply

  6. jigga jaw

    January 31, 2018 at 1:22 am

    So.. a token couldn't be its own coin? Like if a token's only purpose was going to be, that it would be used as money. Never gonna be anything else. Say money for a certain industry. Say it was going to be money for use only at casinos, or on cruise ships. But it was built on ethereum. Still a token? Cause its being used as a currency.

    Reply

  7. Mario Bruneau

    February 2, 2018 at 3:09 pm

    Thank you George. Now I know.

    Reply

  8. Art Healing

    February 8, 2018 at 8:06 pm

    Hi George!
    Thank you SO MUCH for your professional explanation. Cristal clear!… CONGRATS!
    Regards from México…
    Susana Elizabeth Zaragoza

    Reply

  9. Donel King

    February 11, 2018 at 12:24 pm

    Thanks Sir.

    Reply

  10. Champ Bangla

    February 14, 2018 at 11:04 am

    what is ico ?

    Reply

  11. Christian Mattar

    February 19, 2018 at 10:55 pm

    I honestly didnt get the answer I was looking for.
    You did say that Tokens use a currency's blockchain, but thats about it. you didnt really explain what that means in practice. why should i buy one versus the other, what are the difference between both in terms of applications. All those important questions.

    Reply

  12. The Distributed Exchange: Blockchain and Beyond

    February 19, 2018 at 10:56 pm

    If the value of a token is able to be transferred to a different platform, does it stop being a token?

    Reply

  13. Sheldon Spock

    February 20, 2018 at 1:14 pm

    Negan

    Reply

  14. mr-omgDreams

    March 10, 2018 at 7:30 am

    Great short description, thx 🙂

    Reply

  15. 1000 inone

    March 15, 2018 at 7:57 am

    BLAH BLAH BLAH UP TO 2:00

    Reply

  16. Kuldeep Mishra

    March 25, 2018 at 8:04 pm

    Your smile reminds me of Petyr Baelish (Little Finger) !!

    Reply

  17. abdallah amour

    March 27, 2018 at 5:49 pm

    🤝

    Reply

  18. Provash Ghotak

    April 1, 2018 at 6:02 pm

    Awesome video man! What's your opinion about SciDex?!

    Reply

  19. Cryptobase.one

    April 8, 2018 at 12:17 am

    good info m8

    Reply

  20. galleon30000

    April 24, 2018 at 1:51 pm

    Very Helpful Thx!

    Reply

  21. myname iswayne

    April 29, 2018 at 3:39 pm

    Thank you!

    Reply

  22. kena bartholomew

    May 19, 2018 at 6:18 am

    Interesting video. Let's get in touch. Some interest times ahead.

    Reply

  23. Ninetys Dude

    May 21, 2018 at 3:02 pm

    thanks

    Reply

  24. cerebro

    May 21, 2018 at 10:07 pm

    What is the purpose of Tokens? they seem to be just like Coin only that they are supported by coins (or something like that?)
    What happened to Tokens based on Bitcoin? Thanks for the video!

    Reply

  25. Lily Cohen

    June 1, 2018 at 5:15 am

    BlockGrain Agri token are booming into the market . Check it out

    Reply

  26. DHAVAL N C

    June 1, 2018 at 12:06 pm

    Thank you for sharing this knowledge

    Reply

  27. RAW TALKS

    June 3, 2018 at 2:45 pm

    So tokens can be traded back into coins? What happens with the token purchased? Is it subject to the same volatility as coins?
    What about cash outs?

    Reply

  28. lance nolasco

    June 5, 2018 at 3:37 am

    Can you discuss about the different tokens available in the market? Thank you very much!

    Reply

  29. Pankaj Mishra

    June 10, 2018 at 3:49 am

    Thanks, George.
    I believe that the video should cover more on the usage difference between coins and token. Is it that one can convert token built on particular platform into coins of that platform? Are tokens generated in the same way as coins? Can tokens be sold directly?

    Reply

  30. Lori Favela

    July 15, 2018 at 8:48 am

    I'll have to watch this over and over again

    Reply

  31. paul tucker

    July 23, 2018 at 8:21 am

    and found the American smile, nod of head, and wink INVALUABLE

    Reply

  32. pharamoana

    August 5, 2018 at 12:52 am

    good video

    Reply

  33. ICO Token

    August 20, 2018 at 6:27 pm

  34. rockstar ddun

    September 14, 2018 at 1:10 pm

    beautifully designed product

    Reply

  35. Ninten John

    September 14, 2018 at 3:58 pm

    So when you do a airdrop, you get tokens.. Does that mean you just get the equivalent in ETH?

    Reply

  36. Nate Sandoval

    September 28, 2018 at 12:21 pm

    Can you do a video covering operating systems . Ela vs eos

    Reply

  37. B M

    October 5, 2018 at 11:50 am

    Best and clearest explanation i've found on the web. TY!

    Reply

  38. Crypto Food Truck

    November 23, 2018 at 8:09 am

    clear as crypto … thanks

    Reply

  39. Mahdi Memarpouri

    December 3, 2018 at 6:08 pm

    finally got it , thanx

    Reply

  40. Just another citizen

    December 12, 2018 at 11:39 am

    Does that mean, if you make a transaction with a token e.g. EOS, the verification happens in the ethereum blockchain or in their own blockchain?

    Reply

  41. Shawn Treelife

    December 17, 2018 at 7:01 pm

    0:40 – Start here to save a few moments of your life…

    Reply

  42. Mowdud

    January 25, 2019 at 1:28 am

    You Are best

    Reply

  43. Brito Maximiliano

    January 29, 2019 at 1:07 pm

    Thanks!

    Reply

  44. Денис Клевакин

    February 20, 2019 at 6:20 am

    ПРивет Всемммм Paramayning is the key advantage of P.R.I.Z.M before the rest of cryptocurrency. In the basic mechanism of Forzhinga, developers was added a unique, linear-retrograde mechanism of determination of the award for storage of funds, aimed at economic attractiveness and gradual substitution of mass of all existing Financial instruments of the world

    Reply

  45. Debasish Kalia

    March 5, 2019 at 7:35 am

    great Explanation on token and coins. Could you also explain about different types of token like utility and security token

    Reply

  46. ebonpharo

    April 11, 2019 at 3:23 pm

    Awesome video thank you!

    Reply

  47. Jez Reel

    May 12, 2019 at 12:40 am

    What are the uses of tokens? If i may ask

    Reply

  48. BRUSS LEE

    August 1, 2019 at 12:07 pm

    " built on top of platforms such as etherium" wtf does that mean??? does it affect price based on etherium's price??

    Reply

  49. Online Mall

    August 8, 2019 at 2:07 pm

    Nice

    Reply

  50. mabbielita V

    September 11, 2019 at 1:03 am

    Can we send afx to Bitcoin?

    Reply

  51. Bula Wenthold

    October 24, 2019 at 6:28 am

    Awsome website! I am loving it!! Will be back later to read some more. I am taking your feeds also

    Reply

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    February 13, 2020 at 12:32 am

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