Glossary
Utility Token Meaning: What Does Utility Token Mean in Crypto?
Definition
A Utility Token is a cryptocurrency that gives the holder access to a product or service within a specific decentralized network.
It's like a digital voucher you buy to use a specific platform. This token's value comes from its usefulness—you must own it to access certain features, vote on platform changes, or pay network fees. It is different from a security token, which is designed to act like a share in a company.