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How to Create BEP20 Token on binance Smart Chain [No Code].

We will explore a dApp that will allow you to create BEP20 token on Binance Smart Chain without programming. This is Binance Token Creator from Smithii, an audited tool that offers an intuitive interface to generate your BNB token in less than 1 minute for only 0.19 BNB.

The dApp is compliant with the BEP20 standards of the BNB Smart ChaindApp, blockchain native to Binance with a large user base for its speed and low cost per transaction.

Let's go step by step to create BEP20 Token, but first we leave you a video in case you are interested in watching it in that format:

How to create BEP20 token?

BEP20 is a technical standard for establishing fungible assets on the blockchain Binance that provides a set of rules to ensure that assets function correctly within the network.

Binance Smart Chain is one of the most chosen blockchain for the creation of digital assets such as tokens or NFT, and offers the possibility to create a token that complies with BEP20 standards.

Why create a BEP20 Token in Binance Smart Chain?

The security of the BEP20 standard, its low costs, low congestion and attractive timing, as it is in full growth stage, make creating a token on Binance Smart Chain a high-value option when choosing in which crypto ecosystem we will launch our token.

The tokens created on bnb Smart Chain can be useful for many things, but we can highlight a few:

  • Payment Currency
  • Contract's Execution
  • Exchanges
  • Governance
  • Equity
  • Meme Coin

How much does it cost to create BEP20 token?

To make a BEP20 token on binance Smart Chain you need to create a smart contract, basically a code that exists within the blockchain as the basis of a certain digital asset, in this case a token. Behind the token there is a smart contract and you need knowledge of code to build it.

Getting a developer to create a smart contract turns out to be very expensive, usually over $200, which is why the online solutions offered by Smithii 's suite of tools democratize coexistence in the cryptocurrency ecosystem by allowing anyone without coding knowledge to create their own token for as little as 0.19 BNB.

Basically, the dApp we will use is called Binance Token Creator and works as a generator of smart contract, which costs only 0.19 BNB.

Create Binance Token step by step

To create a token on binance Smart Chain we will go to the Binance Token Creator tool of Smithii Tools, which will allow us to create the token without programming .

Create BEP20 Token in Binance Smart Chain
  1. Connect your wallet
  2. Type the name and symbol you want to give to your token.
  3. Define the supply of your token.
  4. Click on Create Token, accept the transaction and wait for your token to be in your wallet.

If you wish, you can use advanced options when making your BNB Token, such as setting a tax, airdop mode, anti bot and anti whale.

In "Tax" you will be able to select the fee you will retain for each transaction of your token and set the address of the wallet that will receive those transaction fees.

By activating the "Airdrop Mode" you will prevent users from sending or trading your token until you deactivate it.

With "Anti Bot" you will be able to limit the actions of snipers and bots on the liquidity pool of your token, as it will limit the amount of time between transactions per wallet.

"Anti Whale" is an outstanding feature that will allow you to set a limit amount that a single wallet can buy/sell, a time limit between buy/sell transactions of a single wallet, a limit on the amount of tokens that a wallet can hold and best of all you can set a total number of days in which the anti whale mechanism will be activated, allowing you to protect your token from an exploit during the first few days of launch.

Solana has been one of the most chosen blockchain to create tokens, if you want to explore how to create your own token on Solana check our step by step.

What's next? Launch a token in Binance Smart Chain

Once you have generated the smart contract of your BEP20 token with Binance Token Creator from Smithii Tools, you will only need to create a Liquidity Pool at Uniswap, pairing your new token with another token of value such as $USDC or $ETH and launch it to the market. You can also create a liquidity pool in Pancakeswap.

But first, you will need to change the image, logo and additional information on your token, which you should do at https://bscscan.com/. You can follow our guide on how to add logo, social media links and other information to a Ethereum token, since it is a similar explorer, the steps to follow are similar.

Listing of the Binance token in exchanges

If you want to list your token on Coinmarketcap and Coingecko you need to complete an application and listing is totally free.

Considerations when creating BNB Smart Chain Token

We are a Dubai based company with thousands of monthly active users on our tools. Also, even though the tool creates your token, the wallet you use will have ownership of the smart contract, so you are in control.

In addition, at no time is any access requested to your private key, NFTs or Tokens that you have inside your wallet. In other words, all your assets will be safe.

Final conclusions about making BNB token

Creating a BEP20 token on BNB Chain can allow you to leave a footprint on the blockchain, it is the type of asset that developers or project owners in the crypto ecosystem identify with, as it is the way to relate to the community or investors, at the end of the day we all seek to obtain some benefit from the web space3 and creating a token makes the difference between a simple user and those who have an appetite for something more.

Today it is a simple task thanks to our online tools that work as a generator of smart contract of Binance, where you can create a BEP20 token without programming.

Thank you for reading, I invite you to subscribe to our newsletter to receive content for web3 Creators every week.

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