Audio compressor vs. compressor pedal plugins

Hey, guys. I've just gotten confident enough yo start using some of Reason 13's guitar in my beats, so I want to get a pedal collection, but my knowledge of guitar everything is extremely limited. What are the differences between a regular audio compressor and a compressor guitar pedal? I looked at a few of the hardware pedals and saw there's fewer parameters. I'm guessing the "sustain" would be the equivalent of the release on a regular plugin or hardware unit. Why would someone want a compressor pedal plugin? Are there specific genres of music where they're popular?

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