Fungible Token

CryptoCurrency/Fungible Token: A fungible token, being a piece of code that can be broken into subunits of which all units are interchangeable. You can transfer fungible assets from one owner to another to make payments for certain things. On the other hand, exchanging fungible assets of the same quantity does not hold any meaning because they hold the same value. Fungible tokens are generally used for making payments and tracking balances. Common instances are CryptoCurrency like Bitcoin, Ethereum, ect.