Difference between crypto token and crypto coin

Tokens are similar to cryptocurrencies in that they are a form of currency that is stored on a blockchain and may be transferred from one account to another. Their behavior is affected by smart contract implementations. These smart contracts keep track of the number of token units transferred from one account to another. Crypto tokens can represent an investor's stake in the company or they can serve an economic purpose. This means token holders can use them to make purchases or they can trade tokens just like other securities to make a profit. These 'tokens' can be kept for their face value, sold, or staked to generate interest.

Coins are based on blockchains, which means that each blockchain records all transactions involving its own cryptocurrency. All Ether transactions are handled via the Ethereum blockchain. The native token of the Ethereum blockchain is ether. Every transaction is encrypted, and only members of the network may see it. The Ethereum blockchain is used to send Ether, whereas the Bitcoin blockchain is used for Bitcoin transactions. Coin Systems has created a new payment rail designed from the ground up to support domestic and cross-border payments.