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- Here are 10 types of cryptocurrencies:
- Utility tokens: Used to access services on a blockchain protocol.
- Payment cryptocurrencies: Used for making payments for goods and services.
- Stablecoins: Designed to maintain a stable value.
- Exchange tokens: Used on cryptocurrency exchanges.
- Meme coins: Based on internet memes.
- GameFi Crypto: Used in gaming and virtual worlds.
- Central Bank Digital Currencies (CBDC): Issued by central banks.
- Security tokens: Represent ownership in an asset.
- Ethereum (ETH): A smart contract platform.
- Tether (USDT): A stablecoin pegged to the value of a fiat currency12.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Explained: Different Types Of Cryptocurrencies
- 1. Utility tokens Utility tokens or utility coins are assets used to access services on a given blockchain protocol. ...
finbold.com/guide/types-of-cryptocurrency/10 Important Cryptocurrencies Other Than Bitcoin
- 1. Ethereum (ETH)
- 2. Tether (USDT)
- 3. XRP
- 4. Binance Coin (BNB)
- 5. USD Coin (USDC)
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