What’s The Difference Between a Coin and a Token?

Coin or Token? What's the difference?

Ask 10 different cryptocurrency experts to describe the difference between a coin and a token and you are likely to get 10 different answers. This is because the cryptocurrency community uses the terms “coin” and “token” interchangeably, all the time. The fact is that both coins and tokens fall under the umbrella term of cryptocurrencies… But they are slightly different. Are Coins and Tokens the Same? This is a fair question, but the answer is no. Coins and tokens are subtly different by their layers of abstraction away from the source of…

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