diff --git a/cmd/commands/utils_test.go b/cmd/commands/utils_test.go
new file mode 100644
index 0000000000..c530b04a14
--- /dev/null
+++ b/cmd/commands/utils_test.go
@@ -0,0 +1,40 @@
+package commands
+
+import (
+	"testing"
+
+	"github.com/stretchr/testify/assert"
+	"github.com/tendermint/basecoin/types"
+)
+
+//Test the parse coin and parse coins functionality
+func TestParse(t *testing.T) {
+
+	makeCoin := func(str string) types.Coin {
+		coin, err := ParseCoin(str)
+		if err != nil {
+			panic(err.Error())
+		}
+		return coin
+	}
+
+	makeCoins := func(str string) types.Coins {
+		coin, err := ParseCoins(str)
+		if err != nil {
+			panic(err.Error())
+		}
+		return coin
+	}
+
+	//testing ParseCoin Function
+	assert.True(t, types.Coin{} == makeCoin(""), "parseCoin makes bad empty coin")
+	assert.True(t, types.Coin{"fooCoin", 1} == makeCoin("1fooCoin"), "parseCoin makes bad coins")
+	assert.True(t, types.Coin{"barCoin", 10} == makeCoin("10 barCoin"), "parseCoin makes bad coins")
+
+	//testing ParseCoins Function
+	assert.True(t, types.Coins{{"fooCoin", 1}}.IsEqual(makeCoins("1fooCoin")), "parseCoins doesn't parse a single coin")
+	assert.True(t, types.Coins{{"barCoin", 99}, {"fooCoin", 1}}.IsEqual(makeCoins("99barCoin,1fooCoin")),
+		"parseCoins doesn't properly parse two coins")
+	assert.True(t, types.Coins{{"barCoin", 99}, {"fooCoin", 1}}.IsEqual(makeCoins("99 barCoin, 1 fooCoin")),
+		"parseCoins doesn't properly parse two coins which use spaces")
+}
diff --git a/docs/guide/basecoin-basics.md b/docs/guide/basecoin-basics.md
index f09213daa9..585b0a00ae 100644
--- a/docs/guide/basecoin-basics.md
+++ b/docs/guide/basecoin-basics.md
@@ -91,14 +91,14 @@ The first account is flush with cash, while the second account doesn't exist.
 Let's send funds from the first account to the second:
 
 ```
-basecoin tx send --to 0x1DA7C74F9C219229FD54CC9F7386D5A3839F0090 --amount 10blank
+basecoin tx send --to 0x1DA7C74F9C219229FD54CC9F7386D5A3839F0090 --amount 10mycoin
 ```
 
 By default, the CLI looks for a `priv_validator.json` to sign the transaction with,
 so this will only work if you are in the `$GOPATH/src/github.com/tendermint/basecoin/data`.
 To specify a different key, we can use the `--from` flag.
 
-Now if we check the second account, it should have `10` 'blank' coins!
+Now if we check the second account, it should have `10` 'mycoin' coins!
 
 ```
 basecoin account 0x1DA7C74F9C219229FD54CC9F7386D5A3839F0090
@@ -107,7 +107,7 @@ basecoin account 0x1DA7C74F9C219229FD54CC9F7386D5A3839F0090
 We can send some of these coins back like so:
 
 ```
-basecoin tx send --to 0x1B1BE55F969F54064628A63B9559E7C21C925165 --from key2.json --amount 5blank
+basecoin tx send --to 0x1B1BE55F969F54064628A63B9559E7C21C925165 --from key2.json --amount 5mycoin
 ```
 
 Note how we use the `--from` flag to select a different account to send from.
@@ -115,7 +115,7 @@ Note how we use the `--from` flag to select a different account to send from.
 If we try to send too much, we'll get an error:
 
 ```
-basecoin tx send --to 0x1B1BE55F969F54064628A63B9559E7C21C925165 --from key2.json --amount 100blank
+basecoin tx send --to 0x1B1BE55F969F54064628A63B9559E7C21C925165 --from key2.json --amount 100mycoin
 ```
 
 See `basecoin tx send --help` for additional details.
diff --git a/docs/guide/ibc.md b/docs/guide/ibc.md
index 36ae260877..718754363c 100644
--- a/docs/guide/ibc.md
+++ b/docs/guide/ibc.md
@@ -236,13 +236,13 @@ export CHAIN_FLAGS2="--chain_id $CHAIN_ID2 --from ./data/chain2/basecoin/key.jso
 Let's start by registering `test_chain_1` on `test_chain_2`:
 
 ```
-basecoin tx ibc --amount 10blank $CHAIN_FLAGS2 register --chain_id $CHAIN_ID1 --genesis ./data/chain1/tendermint/genesis.json
+basecoin tx ibc --amount 10mycoin $CHAIN_FLAGS2 register --chain_id $CHAIN_ID1 --genesis ./data/chain1/tendermint/genesis.json
 ```
 
 Now we can create the outgoing packet on `test_chain_1`:
 
 ```
-basecoin tx ibc --amount 10blank $CHAIN_FLAGS1 packet create --from $CHAIN_ID1 --to $CHAIN_ID2 --type coin --payload 0xDEADBEEF --sequence 1
+basecoin tx ibc --amount 10mycoin $CHAIN_FLAGS1 packet create --from $CHAIN_ID1 --to $CHAIN_ID2 --type coin --payload 0xDEADBEEF --sequence 1
 ```
 
 Note our payload is just `DEADBEEF`.
@@ -270,7 +270,7 @@ The former is used as input for later commands; the latter is human-readable, so
 Let's send this updated information about `test_chain_1` to `test_chain_2`:
 
 ```
-basecoin tx ibc --amount 10blank $CHAIN_FLAGS2 update --header 0x<header>--commit 0x<commit>
+basecoin tx ibc --amount 10mycoin $CHAIN_FLAGS2 update --header 0x<header>--commit 0x<commit>
 ```
 
 where `<header>` and `<commit>` are the hex-encoded header and commit returned by the previous `block` command.
@@ -280,7 +280,7 @@ along with proof the packet was committed on `test_chain_1`. Since `test_chain_2
 of `test_chain_1`, it will be able to verify the proof!
 
 ```
-basecoin tx ibc --amount 10blank $CHAIN_FLAGS2 packet post --from $CHAIN_ID1 --height <height + 1> --packet 0x<packet> --proof 0x<proof>
+basecoin tx ibc --amount 10mycoin $CHAIN_FLAGS2 packet post --from $CHAIN_ID1 --height <height + 1> --packet 0x<packet> --proof 0x<proof>
 ```
 
 Here, `<height + 1>` is one greater than the height retuned by the previous `query` command, and `<packet>` and `<proof>` are the