What is Token Crypto? How Do they Work?
Token is a type of cryptocurrency that represents an asset or specific use and reside on their own blockchain.in other word, token exchangeable asset with value that reside on their own block chain and facilitate cryptocurrency investor to trade or cash out world wild.
What is the purpose of Creating a Token?
First of all, token as digital assets are created by the own block chain, like Ethereum BNB and more by using blockchain and providing they Smart Contract for the main purpose of helping world wild Cryptocurrency investor for their digital purpose, like investing, trading or selling. Or accomplishing their own project
How many Tokens are there?
According to our research there are over 12000 to 15000 tokens circulating or available in the market, for the main purpose of helping world wild cryptocurrency investor 24/7 for trading or selling. With security without authority intervention.
List of Token
in this paragraph we trying to describe what is the name of so-called token in order to helps new investor that trying to seek knowledge for their purpose of crypto investment. but always remember do your own research before fomo in because cryptocurrency world is the fastest grow industries for the moment. Meaning new asset are coming pretty much every day.
- Bitcoin
- Ethereum
- BNB
- Theter[USDT]
- Solana
- Chain-link
- and more
What is the type of tokens world wild?
We think there are 3 types of tokens recognize world wild by all cryptocurrency investor, below are the list of 3 types of tokens:
- security
- commodity
- utility
Where can you buy token?
Well, the simplest way for cryptocurrency investor gets involve or buy cryptocurrency tokens is by going to well-known exchange like :
Crypto(dot)com
Crypto.com is a cryptocurrency exchange company based in Singapore. As of 2022, the company has 50 million customers and 4,000 employees
founders: Chris Marszalek, Raphael Melo, bobby Bao
Headquarters: Raffles Quay
Native token: Cro
Binance:
Binance stores 10% of all trading fees in a secure asset fund to protect a share of user funds. Personalized Access Control. Advanced access control allows you to restrict devices, this is one of the number trusted exchanges in the world, over 47 million people use binance, doing over 800 to 1 billion annual revenues according to binance 2021 report profit.
founded in 2017
founder: changpeng Zhao [cz] Yi he
headquarters: Cayman Islands,mahe,sechelles
CEO of binances exchange: Chang Peng Zhao
area served: global, except usa but for people in the Usa they can use binance us
Native token: BNB
Coinbase:
Over 103 million people buy and trade cryptocurrency trough Coinbase, Microsoft and BlackRock just partnered with Coinbase.
founded: June 2021 in San Francisco, California Us
founders: Brian Amstrong
Headquarters: no
Number of employees: 3,740 [2021,2022]
area served: over 100 Country in the world
Stock: Coinbase or Coin
KuCoin
KuCoin is a cryptocurrency exchange based in Hong Kong. US-investors are not listed as prohibited from trading. If you are a US-investor, however, you should still always analyse yourself whether your home state imposes any obstacles for your foreign cryptocurrency trading
Founded: September 2017
Native token: KCS
PS: they are over 525 exchange available 24/7 for Cryptocurrency investor to trade and sell token, but always do your own diligence and research before fomo in.
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