What is Gen token?

GEN is a BSC BEP20 Token, available to purchase on the Binance Smart Chain via any Decentralized Exchange. The GenTokens project began in April 2021, when Steven Hall (AKA Gen) created the GenTokens YouTube Channel. The primary goal was to educate new investors, helping them to avoid scams and identify genuine tokens.

What are tokens & how do they work?

Tokens have a huge range of potential functions, from helping make decentralized exchanges possible to selling rare items in video games. But they can all be traded or held like any other cryptocurrency. “Token” is a word that you hear a lot in cryptocurrency.

What are Defi tokens?

DeFi tokens A new world of cryptocurrency-based protocols that aim to reproduce traditional financial-system functions (lending and saving, insurance, trading) has emerged in recent years. These protocols issue tokens that perform a wide variety of functions but can also be traded or held like any other cryptocurrency.

What is a crypto token?

Crypto tokens are a digital representation of an asset or interest in something and are built on a blockchain. Crypto tokens can also be used as investments, to store value, or to make purchases. Cryptocurrencies are digital representations of value designed to facilitate transactions (making and receiving payments) using blockchain technology.