Are crypto coins and tokens the same thing?

There are two approaches to differentiating between coins and tokens. Coins are native to their blockchains. Tokens are created on existing blockchains. The functionalities of coins and tokens often overlap.

Which is better, crypto coin or token?

Coins primarily serve as a payment cryptocurrency, while tokens, on the other hand, can have a variety of use cases. They can represent an asset, give access to unique services, or even represent a piece of digital art.

Are crypto coins the same as tokens?

While crypto coins are essentially digital versions of money, tokens can stand for assets or deeds. You can buy tokens with coins, but some carry more value than others.