How to Distribute Tokens on Solana Without Coding: Quick Guide
If you want to distribute tokens on Solana, meaning send a Token from the Solana network to multiple wallets, this post is for you. We’ll show you how to distribute tokens on Solana in just a few minutes, without coding a single line.
You can also do it for just 30 cents per wallet, transaction fees included. Let’s get straight into the step-by-step process for running this token distribution on Solana.
If you prefer video tutorials, here’s one for you:
How to Distribute Tokens on Solana Step by Step
To distribute tokens on Solana, commonly known as an “airdrop”, we’ll use our “Solana Multisender” tool. In short, it’s a dApp that sends the token you choose to the wallets you select in just a few minutes.
- Open Solana Multisender (https://tools.smithii.io/token-multisender/solana)
- Select your Token (it must be in your connected wallet to appear).
- Set the amount you want to send to each wallet.
- Type or paste the list of wallets. You can also upload a CSV with the address list. Any incorrectly formatted addresses will appear under “malformed wallets”.
- Enable the “Snapshot” feature (optional): you can also choose the “NFT holders” or “Token holders” method to select another project in the Solana ecosystem and distribute tokens to its holders. A 0.1 SOL fee applies for using it.
- Click “Send” (the button inside the tool), which will open a transaction in your wallet.
Once you confirm the transaction, the distribution will start. You’ll see it progress until it’s fully complete.
Is it safe to distribute tokens?
It is software used by hundreds of users every month and built by our own team. We are an All-in-One Management Software for NFT Projects.
Also, the tool never gets access to your tokens, NFTs, or any other assets. It simply asks you to approve the transaction with the tokens required for the distribution. That means your assets stay safe.
Our Smart Contract is also audited by several developers, so there is no risk.
Why distribute tokens on solana?
Token distributions are usually done for different reasons, but the most common are:
- Revenue Share
- Promotion
- Ownership Stake
- Allowlist
- Refunds
- Payments
How much does it cost to distribute a token on solana?
If the wallet does not already hold the token:
0.001 + 0.00204 + 0.00001 = 0.00305 SOL per wallet
If the wallet already has the token:
0.001 + 0.00001 = 0.00101 SOL per wallet
Conclusion
Distributing tokens (or running an airdrop) is useful for marketing and growing your NFT project. It is a strategy worth keeping on your radar to expand your reach, especially when there is a tool that makes the whole process easier.
