What is a coin used for?

A coin is a small object, usually round and flat, used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by a government. Coins often have images, numerals, or text on them.

What is a crypto coin?

These crypto coins have their own blockchains which use proof of work mining or proof of stake in some form. They are listed with the largest coin by market capitalization first and then in descending order.

What is the value of a coin?

Currently coins are used as money in everyday transactions, circulating alongside banknotes. Usually, the highest value coin in circulation (excluding bullion coins) is worth less than the lowest-value note.

What is a Defi coin?

(Most DeFi coins use the Ethereum blockchain network. ) DeFi-linked coins use decentralized applications ("dApps") to transact and trade on decentralized exchanges (DExs), such as Uniswap. These DExs are entirely peer-to-peer exchanges, without any company or other institution providing the platform.