# Native token

## Definition

A native token or native coin is the asset built directly into a blockchain's protocol and commonly used to pay that network's transaction fees.

## What it means in practice

ETH is native to Ethereum and BTC is native to Bitcoin, while ERC-20 tokens are contract-based assets.

## How this concept appears in Terenval Wallet

Terenval presents supported native network assets in their respective network contexts, which matters for paying fees and avoiding wrong-network transfers.

**Important:** A wrapped token with a familiar ticker is not necessarily the native asset of the selected chain.

**[Install Terenval Wallet](https://wallet.terenval.com/?lang=en)**

## Related terms

- [Token](https://wallet.terenval.com/glossary/token/)
- [ETH](https://wallet.terenval.com/glossary/eth/)
- [btc](https://wallet.terenval.com/glossary/btc/)
- [Network fee](https://wallet.terenval.com/glossary/network-fee/)
- [Multi-chain wallet](https://wallet.terenval.com/glossary/multi-chain-wallet/)

## Related Terenval Answers

- [Ethereum Layer 2 Networks and Gas Fees](https://wallet.terenval.com/answers/ethereum-layer-2-networks-and-gas-fees/)
- [Can One Crypto Wallet Manage Multiple Blockchains?](https://wallet.terenval.com/answers/can-one-crypto-wallet-manage-multiple-blockchains/)
- [How to Send Crypto Safely Between Wallets](https://wallet.terenval.com/answers/how-to-send-crypto-safely-between-wallets/)

## Sources

- https://ethereum.org/en/developers/docs/
- https://eips.ethereum.org/
- https://wallet.terenval.com/info/supported-networks/

Official page: https://wallet.terenval.com/glossary/native-token/