How to Create ERC20 Token on Ethereum [No Code]

Smithii brings practical crypto tools that save you from having to code or pay someone to write a smart contract for you. In this guide, you’ll see how to create a token ERC20 in just a few steps, for a fee of only 0.01 ETH.

Ethereum Token Creator is an online dApp from the Smithii tool suite that lets you generate a smart contract ERC20 through a clean, intuitive interface. Let’s get right into the step-by-step, covering a few key concepts along the way.

If you prefer a visual walkthrough, here’s a video that covers everything you need to do:

What Is a Token ERC20 Ethereum?

Before creating a Token on Ethereum, you need a solid grasp of the Token ERC20 standard. “ERC20” stands for “Ethereum Request for Comment 20”, which defines the Ethereum network standard and the functions a Smart Contract can implement.

Put simply, a Token ERC20 is a type of fungible token built on the Ethereum network or other EVM (Ethereum Virtual Machine) blockchains. It’s the most well-known and widely used token standard. That said, others exist, like ERC-223 and ERC-721 (used for NFT).

Bottom line: when you hear Token ERC20 , you’re talking about a Token on the Ethereum network.

Why Create a token ERC20?

Tokens built on the Ethereum blockchain serve many purposes. Here are some of the most common:

• Payment currency
• Contract execution
• Swaps
• Governance
• Equity
• Meme Coin

How Much Does It Cost to Create a token ERC20?

Creating a token on Ethereum requires deploying a smart contract, code that lives on the blockchain as the base for a given digital asset, in this case a token. Every token is backed by a smart contract, and building one requires real coding knowledge.

Hiring a developer to create a smart contract is expensive, typically $200 USD or more. That’s why the online tools in the Smithii suite open up the crypto ecosystem to anyone, letting you create your own token without writing a single line of code, for just $35 USD (0.01 ETH).

The dApp we’ll be using is called Ethereum Token Creator. It works as a smart contract generator and costs just 0.01 ETH to use.

Creating a Token ERC20 with Ethereum Token Creator: Step by Step

Let’s get straight into the step-by-step on how to create a Token ERC20 Ethereum without code. We’ll be using our Smithii Tool called Ethereum Token Creator (https://tools.smithii.io/token-creator/ethereum):

1. Connect your wallet
2. Enter the name and symbol you want for your token.
3. Set your token’s supply.
4. Click Create Token, confirm the transaction, and wait for your token to show up in your wallet.

When creating your Token on Ethereum, you can also access advanced options: set a tax, enable airdrop mode, anti-bot, and anti-whale.

Under “Tax” you can set the fee you collect on each transaction of your token and specify the wallet address that will receive those transaction fees.

Enabling “Airdrop Mode” prevents users from sending or trading your token until you turn it off.

“Anti Bot” lets you curb the impact of snipers and bots on your token’s liquidity pool by enforcing a minimum time between transactions per wallet.

“Anti Whale” is a standout feature that lets you cap how much a single wallet can buy or sell, enforce a cooldown between buy/sell transactions from the same wallet, limit the total tokens any one wallet can hold, and best of all, set a fixed number of days the anti-whale mechanism stays active, shielding your token from exploits in those critical early days after launch.

Solana ha sido la blockchain más elegida para crear meme coin, si quieres explorar como generar tu propia meme coin en Solana revisa nuestra guía paso a paso.

Launching Token on Ethereum: Creating a Liquidity Pool

Once you’ve generated your token’s smart contract using the Ethereum Token Creator from Smithii Tools, the only step left is to create a Liquidity Pool on Uniswap.

Before that, you’ll need to update your token’s image/logo. Check out this quick guide where you’ll learn how to add a logo to your ERC20 token and link your social media and any other relevant info to expand your project’s reach.

Listing Your Ethereum token on Exchanges

To list your token on Coinmarketcap and Coingecko, you just need to submit a request. Listing is completely free.

• Apply to list on Coinmarketcap
• Apply to list on Coingecko

What to Know Before Using Ethereum Token Creator

We’re a company based in Dubai with thousands of active users across our tools every month. Even though our tool deploys your token, the wallet you use will own the smart contract, so you stay in full control.

We also never request access to your private key, NFTs, or tokens held inside your wallet. Your assets are always safe.

Already have a token ERC20 on Ethereum? Give it a boost with the new Ethereum Volume Bot tool.

Final Thoughts on Creating token ERC20 on the Ethereum Blockchain

Deploying a token on Ethereum is how you leave a mark on the blockchain. It’s the asset that developers and project owners use to establish themselves in the crypto ecosystem, the primary way to connect with your community and investors. Everyone in Web3 is chasing some kind of upside, and launching a token separates the builders from the bystanders.

It’s straightforward today thanks to our online tools, which work as a smart contract ERC20 generator where you can deploy a token on Ethereum with zero coding knowledge.

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