Coins vs Tokens

[erikson.partner]

What are the differences between Coins & Tokens? I hear a lot people using them as synonyms, but apparently the have completely different concepts. Can some one explain this to me?

[Kriss]

I would also like to know more about tokens.

[socialbooster]

Tokens are erc20 coins based on ethereum!
coins are individual projects ... like dash - btc - ltc ...

[jackp049]

i want to know more about this ...

[Franco_T]

Coins and tokens are used interchangeably but are very different from one another. Coin refers to any cryptocurrency which has its own separate blockchain whereas token refers to any cryptocurrency that is built on top of an existing blockchain like Ethereum, NEO, or Waves.