what is the different between coins and tokens?

[Alpha]

In my opinion Coins can be use in any minor transaction while token is just for a major  one.  But sometimes it is use interchangeably.

[crypto_girl]

Coins have their own blockchain, tokens do not have it.

[Komorhan]

coin; own block blocker and mining is a name that can be done. for example neo, waves, bitcoin, btw. and token are the projects that use their infrastructure. coins with their own block chain are more valuable than tokens.

[JasmineRose]

The difference between coins and tokens are, coins have its own block chain while token does not have its own.

i like this comment, simple but very solid. token below the coin, and coin have its blockchain such ethereum and ethereum token for example XYO, MIDEX, and many other

[Whate]

Actually coins and tokens are the same as both cryptocurrency but of course there is also a difference between the two where coins have their own blockchain where tokens do not have and only depend on the ethereum platform in many cases. Some prizes reward bitcoin or eth but are mostly valued by tokens .

[mightwalker]

Coins have their own blockchain, tokens don't have it. There are 2 kinds of tokens which are utility and security token. Utility token is born for the specific purpose of a project, a security token is considered as electronic stock.

[marco]

The token is usually called the Ethereum ECR-20 Asset, while the coin is a coin. The advantage of tokens compared to coins is that transactions are faster than coins because tokens are ethereum assets.

[Jaguar]

Coins have their own independent blockchain. They can either be bitcoin derived blockchain like Litecoin, Dogecoin or Native Blockchain like Ethereum, Ripple.

Tokens don't have a separate blockchain, they operate on top of other blockchains like the ERC20 tokens operating on Ethereum and NEP 5 tokens on NEO

So meaning all ERC20 altcoins are not coins but token and they are using the blockchain of others like eth blockchain? Am I right?

Yeah, you got it right. If you got doubt check for some ERC20 tokens in coinmarketcap.com. I would suggest you check Tron (TRX), right now it is a token. After June 21, Tron will be migrating to its own blockchain. So TRX will become a coin. Same for EOS.

Good clarification. So now we know what is the difference between tokens and coins we can determine why it is use token or coins in some particular project.

[Galon]

Of course there is also a difference between the two where coins have their own blockchain where tokens do not have and only depend on the ethereum platform in many cases. Some prizes reward bitcoin or eth but are mostly valued by tokens.

[Collinberg]

Coins are Cryptocurrencies that has their own Blockchain while Tokens are Cryptocurrencies that do not have their own blockchains but instead is based on an existing Blockchain, just like all ERC-20 tokens, all of them are tokens while Ethereum is a Coin.

[Chomzzy]

To my understanding, tokens are what investors buy from ico projects and as soon as those tokens are listed on an exchange it automatically becomes a coin.