Cryptocurrency Q&A
What does a token mean on a coin?
What does a token mean on a coin?
Dario
Wed Feb 26 2025
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5
answers
887
I'm trying to understand the meaning of a token on a coin. Is it related to its value, mintage, or something else entirely? What does this term signify in the context of coins?
5 answers
CryptoMagician
Fri Feb 28 2025
Tokens were issued to customers upon purchasing items.
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DigitalLord
Fri Feb 28 2025
These tokens were designed to resemble coins.
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CryptoAce
Thu Feb 27 2025
On the front side of the token, essential information was provided. This included the name of the business where the token was issued.
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TaegeukChampionCourageousHeart
Thu Feb 27 2025
Additional details such as the address, town, and state were also engraved on the obverse.
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ethan_harrison_chef
Thu Feb 27 2025
The reverse side of the token featured a specific value. It could state something like "good for 5¢ in trade" or "good for 1 cigar."
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