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Questions and Answers
What is the main difference between coins and tokens?
What is the main difference between coins and tokens?
- Coins are more widely accepted than tokens.
- Tokens have more utility than coins. (correct)
- Coins are easier to trade than tokens.
- Tokens are easier to purchase than coins.
What do coins and tokens have in common?
What do coins and tokens have in common?
- They both represent value (correct)
- They both require a wallet.
- They both can process payments.
- They both can be used to purchase goods.
What is an example of how coins and tokens are similar?
What is an example of how coins and tokens are similar?
- You can trade coins for tokens and vice versa (correct)
- They both require a wallet to store them.
- They both represent value
- They both can process payments.
What is a similarity between investors and traders?
What is a similarity between investors and traders?
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What is the primary purpose of coins and tokens?
What is the primary purpose of coins and tokens?
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What does the text tell us about cryptocurrency users?
What does the text tell us about cryptocurrency users?
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What is the purpose of comparing investors and traders?
What is the purpose of comparing investors and traders?
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According to the text, what is the purpose of coins and tokens?
According to the text, what is the purpose of coins and tokens?
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What is the primary difference between coins and tokens?
What is the primary difference between coins and tokens?
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What is the main similarity between coins and tokens?
What is the main similarity between coins and tokens?
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