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The FTX Collapse, Explained - WSJ What Went WrongTo use a real-world example, crypto tokens are more like coupons or vouchers, while crypto coins are like dollars and cents. There are numerous types of. As a digital asset on top of a cryptocurrency, crypto tokens are managed by a smart contract, most commonly on Ethereum. A widespread high-level categorization. Exchange tokens are digital instruments created by cryptocurrency exchanges for use within their financial infrastructure. Such tokens are used.
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