Crypto
Token
A cryptoasset issued on an existing blockchain.
A token is a cryptoasset issued on an existing blockchain rather than being native to a blockchain of its own.
Approved short definition: A cryptoasset issued on an existing blockchain. Example: ETH is native to the Ethereum blockchain, while LINK is a token issued on Ethereum. Do not use: Do not use token as a general synonym for every cryptoasset or use coin and token interchangeably when the distinction matters. Do not assume that a token available to trade on etoro is also supported for transfer through the etoro crypto wallet. Aliases / search terms: Crypto token; blockchain token; digital token; cryptocurrency token; utility token; governance token; ERC-20 token Related terms: Cryptoasset; Cryptocurrency; etoro crypto wallet; Transfer crypto; Crypto transfer; Blockchain fee
Also known as: Crypto token, blockchain token, digital token, cryptocurrency token, utility token, governance token, ERC-20 token