CryptoBeginner

Coin

a.k.a. Native coin

A cryptocurrency that is the native money of its own blockchain, like bitcoin on Bitcoin or ether on Ethereum.
In plain English

A cryptocurrency that is the native money of its own blockchain, like bitcoin on Bitcoin or ether on Ethereum.

A coin is the built-in currency of a blockchain. Bitcoin is the coin of the Bitcoin network; ether is the coin of Ethereum. Coins usually pay for transaction fees and reward the miners or validators who keep the chain running.

A token, by contrast, is built on top of someone else's chain using a smart contract. In everyday talk people say "coin" for both, and nobody will arrest you for it.

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