Platform Token vs Utility Token

Quick comparison to help you distinguish these two crypto terms.

Platform Token
beginner
fundamentals

A platform token is the native cryptocurrency of a blockchain network, used to pay transaction fees, incentivize validators, and power all activity that runs on that specific blockchain.

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Utility Token
beginner
fundamentals

A utility token is a cryptocurrency that provides holders with specific access, discounts, or functional rights within a particular platform or blockchain-based application.

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