Token vs Coin: What’s the Difference?

Blockchain Council www.blockchain-council.org TOKEN VS COIN WHAT'S THE DIFFERENCE? Coin vs Token 01 Coin is a basic unit of cryptocurrency, an independent digital currency that operates without any dependence on a platform. Tokens require a platform to be built and operate, that is an existing blockchain like NEO or Ethereum. (A (B 02 The use of coins is mostly in the form of digital currencies. (A The use of tokens is diverse, as they work for a different (B purpose for dApps, and different for DÅOS. 03 Example: Bitcoin, Litecoin, Ripple, ETH, NEO, etc. (A (B Example: Security tokens, utility tokens, equity tokens, Musicoin, BNB, etc.