How Can I Create a Crypto Token?
Creating your own crypto token doesn’t require any programming knowledge. Simply follow these steps and create your own ERC20 or BEP20 smart contacts!
The Benefits of Crypto Tokens
Explaining the ERC20 / BEP20 coin type advantages
Want to try creating your first token? Perfect!
Create fully customizable token with features that you need.
- Custom Initial Supply0.03 ETH
- Basic Token Features0.03 ETH
- Ownable Contract0.03 ETH
- Generator Info Removal0.13 ETH
- Mint - Unlimited Supply Cap0.05 ETH
- Mint - Limited Supply Cap0.03 ETH
- Burnable0.04 ETH
- Token Recovery0.04 ETH
- ERC1363 - Operable Token0.04 ETH
Frequently asked questions
Up to 10K tokens at your disposal. During deployment, the whole token supply will be created and delivered to the Token Owner wallet. It is not possible to raise or decrease supply afterwards.
Fixed Supply Package
The entire token supply of your choosing will be generated and deployed to the Token Owner wallet. You will not be able to raise or decrease supplies quantity afterwards.
Capped Supply Package
Specify an initial supply that will be sent to the wallet of the Token Owner. You can later increase or decrease the cap when needed manually. However, you will not be able to create more tokens than the previously chosen maximum.
Define an initial supply that will be directed to the wallet of the Owner. Generate an unlimited amount of cryptocurrency without any ceiling.
No privileges, default settings.
An Owner will be assigned to your Token. By default, the account that was used to deploy the created coin will become its Owner with the ability to be in charge of the increase/decrease of the created cryptocurrency. Token ownership can be transferred to addresses or Smart Contracts.
Depends on the chosen Token Access Type and the Supply Package:
- Ownable Access: only the Token Owner will be able to mint new coins;
- Role-Based Access: only addresses with the MINTER role will be able to mint new tokens;
- Capped Supply Package: if you select the Capped Supply Package, you will not be able to mint more coins than the defined cap;
- Unlimited Supply Package: generate an unlimited number of tokens.
Everyone, regardless of their role, will be able to burn the already generated tokens. A third party can burn the currency from other addresses only after approval. Nobody, (including the Token Owner), will be able to burn coins from other addresses without approval.
There is no way to execute a code after an ERC20 / BEP20 transfer or approval (i.e. making a payment). This way, you’ll have to commit another transaction and pay the gas fee twice to make any action. Operable Token makes token payments easier due to its principle of working without the use of any other listener. It allows making a callback after a transfer or approval in a single transaction. There are numerous suggested applications for Ethereum Smart Contracts that accept ERC20 / BEP20 payments.
Here are some examples:
- creating a crypto payable crowdsale;
- selling services in exchange for tokens;
- paying invoices;
- taking subscriptions;
Operable Token is derived by ERC1363.
Learn more about ERC1363
As we’ve mentioned previously, a lot of coins have been burned using other crypto services. In fact, every Binance / Ethereum contract has the potential to become a trap for ERC20 / BEP20 tokens. Sadly, there is no way to recover it once such an issue occurs, which results in monetary losses for the end-users.
Token Recovery enables the contract owner to restore any ERC20 / BEP20 token that was sent into the contract by mistake. The ERC20 / BEP20 Token Recovery feature ensures our users’ funds’ safety.
The short answer is no.
The long answer is no, as the deployed code is authorized under the MIT License. This means that using the Deployfreetoken service, there will be a view method in your Smart Contract named “generator” that displays a link to this page. A disclaimer will also be included in the source code. You won’t have to worry about it as your created Token will be fully compliant with the ERC20 / BEP20 definition. Although, you can always remove it by selecting a crypto coin type and then using the Remove Copyright feature.
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