Coin:
- Operates independently on any other platform
- Majority of Altcoins are another version of its father called “Bitcoin”
- Coins can be mined, recieved, acceptable, and have a limited no. of supply
- It is built with Bitcoin open-source platform
- Coins are being used as method of payment or being used as A digital currency nonetheless
- Using coin everyone is allowed to use and participate into the network because coins are tied into a open public blockchain
Token:
- Has different uses, functions algorithms and it is a Digitalized assets issued by the project itself.
- Token has similar function and used like coins, it is also used as payment method but has a lot more function
- It is made on top of the famous Ethereum Blockchain (that’s why most of the token are made into ERC20 token)
- Tokens is specified by the use of it. It can be used to buy a certain product, can be used as voucher to pay bills or even at the restaurant. While coins only fuction as a digital cash.
If you have anything to add more into this just feel free to comment down below. Or any mistakes that i've pointed out just ask here. Thanks!