Exchange Token vs Utility Token
Quick comparison to help you distinguish these two crypto terms.
Exchange Token
beginner
fundamentals
An exchange token is a cryptocurrency issued by a trading platform that grants holders fee discounts, profit-sharing, or other benefits exclusive to that exchange's ecosystem.
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beginner
fundamentals
A utility token is a cryptocurrency that provides holders with specific access, discounts, or functional rights within a particular platform or blockchain-based application.
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