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.
Read full definitionUtility 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.
Read full definition