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The terms “coins” and “tokens” are often used interchangeably in the crypto space, but in fact they refer to different concepts. It is easy to confuse them because both fall under the cryptocurrency umbrella term. Basically, cryptocurrency is a digital asset based on blockchain technology, and both tokens and coins fit this definition. While coins and crypto tokens are largely the same from a common user’s standpoint, there are technical differences in how they are built. Knowing this difference may help crypto users to make better informed decisions. This article will explain what unique characteristics set coins and tokens apart from each other.