Can i put my contract sim into a pay as you go mobile phone?

Woopt

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i already asked this but am still a bit confused. so here we go!

I have a pay Monthly contract with Virgin for 24 months, my current phone is a blackberry. I don't like it, so my question is can I take the sim card out my phone and put it into a "Sim Free" mobile phone?

and does sim free and unlocked mean the same thing?
 
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