Digital coin definition and examples
A digital coin is an asset native to its own blockchain. For example, Bitcoin exists on the Bitcoin blockchain, Ether operates and functions on the Ethereum blockchain, etc.
Digital coins don't move physically when you send and receive them. They exist as data on a database (or blockchain) and are tracked and verified by computers around the world.
Coinmarketcap lists over 900 different examples of coins, such as Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum (ETH), Ripple (XRP), and Cardano (ADA).
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People who are new to cryptocurrency often confuse the term "token" and "coin". This guide defines the two terms and provides some examples for a better understanding.
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