How to Airdrop Arb tokens in 4 steps, no coding needed
If you want to send tokens to multiple wallets on Arbitrum, I’ll show you how to do it in 5 quick, secure steps.
When we talk about multisend, bulksend, and airdrop, we mean the same thing: sending a set amount of tokens to multiple wallets for marketing purposes.
In this guide, we’ll cover how to do it on Ethereum’s L2, Arbitrum, which offers certain advantages over L1 in terms of decentralization and security.
All you need is the wallet you used to create the tokens you want to airdrop, plus the recipient addresses. Let’s go step by step.
If video tutorials are more your style, here’s one:
Step-by-step guide to running a airdrop on Arb
To create a airdrop on Arbitrum, we’ll use the Smithii tools suite. First, open the Multisender for Arbitrum on Smithii, where you’ll see an interface like this:
Next, follow these steps to complete your airdrop successfully:
- Select the token you want to send: Once you connect your wallet, you’ll see the Arbitrum tokens available for the airdrop. IMPORTANT: You must use the wallet authority for the token you’re going to airdrop; otherwise, it won’t work.
- Add the wallet addresses that will receive the tokens: Enter the list of wallet addresses you want to send the tokens to. You can add addresses manually or upload them from a CSV file.
- Set how many tokens each wallet will receive: Here, you can define how many tokens to send to each wallet. The number you enter in this field will be distributed evenly across all the addresses you provided.
That’s it. Just click to execute the airdrop, and the tool will take a moment to send the tokens to every wallet.
How much does it cost to run an airdrop on Arbitrum?
The cost is based on how many wallets you’re sending to and how many tokens you’re distributing. The tool includes a formula that shows the cost per wallet, which in this case is 0.0001 ETH per wallet, plus gas fees.
This is key to making sure you have enough ETH funds to cover the airdrop costs.
How to get addresses for a airdrop
A strong option is to run a snapshot from a token with an audience you want to reach. That way, the program gives you a CSV you can upload straight into the Multisender without wasting time.
What are airdrops on Arbitrum used for?
Airdrops on Arbitrum are usually run for different goals, with the most common being:
- Revenue Sharing: Distribute profits or token rewards among participants or holders.
- Promotion: Build visibility and bring users into your project.
- Equity: Give token holders a stake in the project, letting them take part in governance and decision-making.
- Whitelist: Give a selected group of users early or exclusive access through token distribution.
- Refund: Compensate users for overpayments, failed transactions, or other cases that require reimbursement.
- Payments: Handle payments or transfers for services, collaborations, or incentives directly through the Arbitrum network.
Is Smithii’s Multisender safe to use?
Smithii Tools has been audited by CoinFabrik under the Mantis protocol. That makes Smithii the safest Tools Suite on the market.
Conclusion
In this post, I showed you how to run a airdrop on Arbitrum at the lowest cost on the market, with no coding required, similar to creating a token on Arbitrum. It only took 3 steps: choose the token, upload the wallets, and set the amount for each wallet. It does not get much simpler than that.
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Industrial Engineer turned Solana trader. Marketing at Smithii and contributor to the $SHRIMP memecoin launch.
