There is no point ~ing and It is no use ~ing

I feel the two phrases are very similar, but seems not exactly the same. Could you help me find any difference between the two expressions, either in terms of meaning or of context? Thanks once more.
Original Post
I see no difference in meaning between the two expressions, except for level of style. "It's no use -ing" is slightly more informal than "There's no point (in) -ing." In all other respects they seem equal.

Marilyn Martin

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