In general, crypto tokens are completely different from cryptocurrencies based on a wide range of use cases and functionalities. Crypto tokens are digital tokens that represent any specific blockchain network by means of a secure smart contract so that it has more benefits than coins. Mainly crypto tokens are used for fundraising processes or for trading. 

To initiate the crypto token creation process, one should choose desirable token standards of popular blockchain networks. In recent times, ERC20, TRC20, BEP20, ERC721, TRC721, and BEP721 are the best token standards for crypto token development. These token standards are mainly preferred by many budding startups and entrepreneurs. 

ERC20, TRC20, and BEP20 are the most popular token standards for fungible token development. These are fungible in nature. It has the same values ​​and can be divided into smaller values. ERC20 is the first developed fungible token standard on the Ethereum blockchain. 

Fungible tokens are,

• Interchangeable 
• Non - unique 
• Divisible 

ERC721, TRC721, and BEP721 are the widely used token standards for non-fungible token development. These non-fungible tokens provide ownership of a unique and non-replicable item. It can be created and stored on public blockchains which can be accessible to anyone. 

Non-fungible tokens are, 

• Irreplaceable 
• Unique 
• Indivisible 

For crypto token development, these token standards are highly preferred by crypto startups. Creating a crypto token is better than creating a crypto coin because it needs a lot of money to build the blockchain. This is why many crypto people prefer to create crypto tokens. 

If you want to create crypto tokens more securely with the latest features, then choose the reputed Crypto Token Development service provider for better results. They will help you create crypto tokens on your desired token standards. Get connected with them to develop your token at an affordable cost. 

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