The difference between Bin and Receptacle

When used as nouns, bin means a box, frame, crib, or enclosed place, used as a storage container, whereas receptacle means a container.

Bin is also contraction with the meaning: contraction of being.

Bin is also verb with the meaning: to dispose of (something) by putting it into a bin, or as if putting it into a bin.

check bellow for the other definitions of Bin and Receptacle

Bin as a noun:

A box, frame, crib, or enclosed place, used as a storage container.

Examples:

"a corn bin; a wine bin; a coal bin'"
Bin as a noun:

A container for rubbish or waste.

Examples:

"a rubbish bin; a wastepaper bin; an ashes bin'"
Bin as a noun (statistics):

Any of the discrete intervals in a histogram, etc

Bin as a verb (chiefly, British, informal):

To dispose of (something) by putting it into a bin, or as if putting it into a bin.
Bin as a verb (British, informal):

To throw away, reject, give up.
Bin as a verb (statistics):

To convert continuous data into discrete groups.
Bin as a verb (transitive):

To place into a bin for storage.

Examples:

"to bin wine"

Receptacle as a noun:

A container.
Receptacle as a noun (botany):

The part of the flower stalk (peduncle or pedicel) to which the floral parts are attached; a thalamus, a torus. In the Asteraceae (aster or sunflower family), the end of the peduncle to which all of the florets of the flower head are attached.
Receptacle as a noun (phycology):

A structure at the end of a branch of an alga containing conceptacles (reproductive organs).
Receptacle as a noun (zoology):

An organ that receives and holds a secretion.
Receptacle as a noun (electricity, US):

A contact device installed at an outlet for the connection of an attachment plug (typically by receiving the plug's prongs) to supply portable appliances or equipment.