Platform Token vs Wrapped Token

Quick comparison to help you distinguish these two crypto terms.

Platform Token
beginner
fundamentals

A platform token is the native cryptocurrency of a blockchain network, used to pay transaction fees, incentivize validators, and power all activity that runs on that specific blockchain.

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Wrapped Token
intermediate
fundamentals

A wrapped token is a cryptocurrency that represents another asset on a different blockchain, maintaining a 1:1 value peg to the original asset while enabling cross-chain compatibility.

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