Cryptocurrency vs Payment Coin

Quick comparison to help you distinguish these two crypto terms.

Cryptocurrency
beginner
fundamentals

Cryptocurrency is a digital currency secured by cryptography and operating on decentralized networks, enabling peer-to-peer transactions without banks or governments as intermediaries.

Read full definition
Payment Coin
beginner
fundamentals

A cryptocurrency designed primarily for transferring value between people or businesses, optimising for fast transaction speeds, low fees, and broad merchant acceptance rather than smart contract functionality.

Read full definition
Browse full glossaryGet platform access