What is the difference between coins and tokens?
Look at it like this.
Coins are something you mine.
Tokens are something you create.
Sometimes suppliers are not clear when promoting crypto.
Probably the most well known token is the erc20 token.
This is used on the etherium coin network.
Generally people use the metamask wallet for erc20 tokens.
To interact with erc20 tokens you are going to need some etherium.
Also known as gas.
The cool thing about erc20 tokens is anyone can create their own coins.
This is probably what you have seen when someone issues their ico.
Also known as an initial coin offering.
And that is it basically