Crypto 101 The differences between altcoins and tokens Crypto trading has been in practice since Bitcoin’s release in 2009 and more digital assets emerged to join the economy. However, there are major key differences between what kinds of cryptocurrencies are being traded. The terms ‘altcoin’ and ‘token’ are great examples of confusion you can encounter when talking about digital assets. Altcoins and tokens are both cryptocurrencies but they are fundamentally different from one another.