How to Create BEP20 Token on Binance Smart Chain [No Code]
We’ll walk through a dApp that lets you create BEP20 token on Binance Smart Chain without writing code. It’s Binance Token Creator by Smithii, an audited tool with an intuitive interface for generating your BNB token in under 1 minute for just 0.19 BNB.
dApp follows the BEP20 standards of BNB Smart Chain, Binance’s native blockchain, which has a large base of users thanks to its speed and low transaction costs.
We’ll go step by step through how to create a BEP20 Token, but first here’s a video if you prefer that format:
How to Create a BEP20 token
BEP20 is a technical standard for creating fungible assets on the Binance blockchain that defines a set of rules to make sure those assets work properly across the network.
Binance Smart Chain is one of the most popular blockchains for creating digital assets such as tokens or NFT, and it lets you create a token that follows BEP20 standards.
Why Create a BEP20 Token on Binance Smart Chain?
The security of the BEP20 standard, low costs, limited congestion, and strong momentum as the ecosystem keeps growing make creating a token on Binance Smart Chain a high-value option when choosing where to launch our crypto token.
Tokens created on BNB Smart Chain can be used for many things, but a few stand out:
- Payment currency
- Contract execution
- Swaps
- Governance
- Equity
- Meme Coin
How much does it cost to create a BEP20 token?
To create a BEP20 token on Binance Smart Chain, you need to deploy a smart contract. In simple terms, that is code that lives on the blockchain as a base for a specific digital asset, in this case a token. Behind the token, there is a smart contract, and you need coding knowledge to build it.
Hiring a developer to create a smart contract can get expensive, usually over U$D 200. That is why the online tools in the Smithii suite make the crypto ecosystem more accessible, letting anyone with no coding experience create their own token for just 0.19 BNB.
In short, the dApp we will use is called Binance Token Creator. It works as a smart contract generator and costs only 0.19 BNB to use.
How to Create a Binance Token Step by Step
To create a Token on Binance Smart Chain, go to the Binance Token Creator tool from Smithii Tools (https://tools.smithii.io/token-creator/binance), which lets you create the token without coding.
- Connect your wallet
- Enter the name and symbol you want to give your token.
- Set the supply for your token.
- Click Create Token, approve the transaction, and wait for your token to land in your wallet.
You can also use advanced options when creating your BNB Token, including tax settings, airdop mode, anti bot, and anti whale.
Under “Tax”, you can choose the fee you keep from each transaction involving your token and set the wallet that will receive those transaction fees.
When you enable “Airdrop Mode”, users will not be able to send or trade your token until you turn it off.
With “Anti Bot”, you can limit how snipers and bots interact with your liquidity pool token by setting a minimum time gap between transactions from the same wallet.
“Anti Whale” is a standout feature that lets you set the maximum amount a single wallet can buy or sell, add a cooldown between buy/sell transactions from the same wallet, limit how many tokens a wallet can hold, and best of all, choose how many days the anti whale mechanism stays active so you can protect your token from exploits during the first days after launch.
Solana ha sido una de las blockchain más elegida para crear tokens, si quieres explorar como crear tu propio token en Solana revisa nuestro paso a paso.
What Comes Next? Launching a token on Binance Smart Chain
Once you have generated the smart contract for your BEP20 token using the Binance Token Creator from Smithii Tools, the only step left is to create a Liquidity Pool on Uniswap, pair your new token with an asset like $USDC or $ETH, and launch it on the market. You can also create a liquidity pool on Pancakeswap.
Before that, you need to update your token image, logo, and extra details on https://bscscan.com/. You can follow our guide on adding a logo, social media links, and other information to a token on Ethereum, since the process is similar on this explorer.
Listing Your Binance token on Exchanges
If you want to list your token on Coinmarketcap and Coingecko, you need to submit an application. Listing is completely free.
Once your token is listed and trading is live, you want it to stay visible on the first pages of each DEX or listing site. For that, we recommend checking out our guide to using the Binance Volume Bot.
What to Know Before Creating a BNB Smart Chain Token
We are an established company based in Dubai, with thousands of active users every month across our tools. And even though the tool creates your token, the wallet you use will own the smart contract, so you stay in control.
Also, we never ask for access to your private key, NFTs, or Tokens inside your wallet. In other words, all your assets stay safe.
Final thoughts on creating a BNB token
Creating a BEP20 token on BNB Chain lets you leave your mark on the blockchain. It is the kind of asset developers and project owners use to define themselves in the crypto ecosystem, because it gives you a way to connect with your community or investors. At the end of the day, everyone is trying to get something out of web3, and creating a token is what separates a regular user from someone with bigger ambitions.
Today, it is straightforward thanks to our online tools, which work as a Binance smart contract generator where you can create a BEP20 token without writing code.
Thanks for reading. I invite you to subscribe to our newsletter to get weekly content for web3 Creators.
