Does crypto coins are transferred same as tokens?

Question

If I understood correctly, when I want send a token using wallet (e.g., ERC20 token), I will:

• create a transaction (using send button on my wallet interface) with "to" address containing token contract address (as given in https://etherscan.io/tx/0xa0d13ee62d9013ec0d704abe746e3e0fc1822771b8a039db0926d831971fa157) and the function that I want to invoke (for e.g., transfer(receiver address, #tokens))
• the full nodes execute this transaction which invokes the function with given parameters
• this completes the transfer of tokens from my wallet address to the receiver wallet address

If this is correct, how does this work for transferring a crypto coins for e.g., Bitcoin or Ether. Thanks for your help to understand these thing better.

Muni

Answer 1

A token-transfer transaction on the Ethereum blockchain:

to       : token contract address
data     : the encoded function call
gas      : the amount of units required to execute the transaction, or more
gasPrice : the higher this value is, the faster you transaction will execute
value    : none (0)

An ether-transfer transaction on the Ethereum blockchain:

to       : destination address
data     : none (empty string)
gas      : 21000 (or more if the destination address is that of a contract)
gasPrice : the higher this value is, the faster you transaction will execute
value    : amount of ether