Ofcourse there is a difference. one is a coin and have a value and other is token. Some token have no value and useless. So becarefull dont purchase bad token. because some token are fake and have no value.
Looks like you have to read more to widen your knowledge regarding cryptocurrency like what OP is asking about coin and token, coin is simply have its own blockchain like bitcoin, litecoin, ether but tokens on the other hand rely only on other chains like Huobi token it uses the chain of ethereum.