Until now, we have generalised the term cryptocurrencies, but not all assets in the crypto market are cryptocurrencies. There is a crucial difference between cryptocurrencies and crypto tokens. The most important difference is that cryptocurrencies have their own blockchain. Crypto tokens are built on an existing blockchain.
In the context of blockchain terminology, digital assets include cryptocurrencies and crypto tokens. Some examples of cryptocurrencies are Bitcoin and Ethereum. An example of a crypto token is any ERC-20 token, in other words, tokens that are created on Ethereum, like TRAC.
