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In the context of crypto, a coin is a digital asset that is designed to function as a medium of exchange and uses cryptography to secure and verify transactions.

A crypto coin works on its own blockchain or network, and is created to serve as money or a medium of exchange. Coins often have a limited supply and are intended to be scarce, which gives them their value.

Coins are distinct from tokens, which are digital assets that are constructed on top of an already-existing blockchain or network and can be used for a variety of purposes other than merely as a medium of exchange.