Crypto Tokens: Why Should You Use Them?
If you have been using cryptocurrency for a while, chances are you already know about tokens. You must have also heard of coins or altcoins. For beginners, these might sound like interchangeable terms, but they all carry a different meaning and are used for varying purposes. In this post, we will walk you through the detailed guide on top crypto tokens, what are they, and why it is totally worth investing in them. Keep reading.
Crypto Tokens and Crypto Coins: What’s the Difference?
Unlike crypto coins, the tokens are not associated with their own underlying blockchains. Basically, crypto coins have their own blockchain network, while tokens do not. For a better understanding, let’s take an example. Digital crypto assets
Ether is a crypto coin because it has its native blockchain called Ethereum. What has made Ethereum the most popular blockchain network in the crypto market is the fact that it was the first programmable blockchain to be launched. This made it possible for developers to launch their unique cryptocurrencies. Since it is easier to develop a token, it has led to several scam projects. That, however, does not imply that every token results in a bad investment or that every crypto coin is safe. As an investor or trader, it is the user’s responsibility to conduct in-depth research on the specific crypto token before using it. You will find an extensive range of crypto tokens that have gained popularity for offering amazing user cases.
The Importance of Crypto Tokens
Earlier, the developers had to launch a blockchain before developing a crypto coin. That’s because it is the blockchain that holds and powers your cryptocurrencies. With tokens, you don’t have to develop a blockchain first. This makes the development process not only cost-effective but smoother and much faster. Best Decentralized Cryptocurrency
If you have used a blockchain network before, you know how carefully these are developed. Blockchain development is indeed one of the most critical and comprehensive undertakings. The perfect blockchain network is one that can process a large number of crypto-based transactions as quickly and safely as possible.
Besides that, it must be strong enough to resist attacks. With crypto tokens, the developers can use an existing blockchain network, such as Ethereum to operate crypto tokens. You can use smart contracts and execute as many transactions as you like on a secure network. So, the most important reason why people have been using crypto tokens more often than coins is that new crypto tokens are designed to run on the existing blockchain platforms. Decentralized payment for Real Estate assets
Best Crypto Token to Invest
Satin is one of the most popular crypto tokens built on the Binance smart chain. Like other tokens, Satin is considered an ideal choice for people looking to invest in real estate, digital assets, and all types of tangible and non-tangible products. The biggest advantage of investing in Satin is that only 9% of the token value is held on the blockchain network for founders and that too for recovering the initial investment.
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SATIN token launched on 23 February after an instant presale filled, while immediately reaching it’s first All Time High of 2.5x.
Buy early in order to gain maximum future earnings as the project grows and reaches new milestones.
SATIN is available on Pancakeswap for now:
https://pancakeswap.finance/swap?outputCurrency=0xEB76fA2975deec9750BfCEb84246315945719357
SATIN is currently listing on CoinMarketCap and Coingecko, followed by numerous upcoming marketing developments.
SATIN future plans consist of:
a) launching on other crypto exchanges (both centralized and decentralized),
b) development and launching SATIN marketplace.