# BLN Token

Technically token; It has the same meaning as cryptocurrency or crypto asset. But it also acquired more and more specific meanings depending on the context. Balance Token primarily refers to all cryptocurrencies other than Bitcoin and BSC (although technically they are also tokens). Second, the token is used to identify specific digital assets that run on another cryptocurrency blockchain, as do many decentralized finance (or DeFi) tokens. Balance Token has a wide range of potential functions, from helping enable decentralized exchanges to selling rare items in video games. They can also be traded or stored like any other cryptocurrency.

Last Updated: 8/11/2023, 8:39:42 AM