Like Bitcoin, crypto coins are independent digital currencies that run on separate blockchain networks. These coins may be mined to create additional units of the currency and may also be exchanged for goods and services or other currencies. On the other hand, crypto tokens are often utilized within a certain platform or application. They can stand in for anything, including the ability to vote and the real world like stocks and commodities. Cryptocurrency tokens typically serve as a means of gaining access to resources inside an ecosystem; they are not required to have their own blockchain network.
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