Mughal

A cryptocurrency token is a digital asset issued on a blockchain, representing value, utility, or ownership. Tokens can serve various purposes, such as enabling transactions, granting access to services, or representing real-world assets. They are typically created using smart contracts on existing blockchains like Ethereum (ERC-20, ERC-721) or Binance Smart Chain (BEP-20). Unlike coins, which have their own blockchains (e.g., Bitcoin, Ethereum), tokens rely on existing networks.