BEP20 token is the BSC which is the same as the ERC20 token that runs on Ethereum network. The BEP20 token will not run on the ethereum network but runs on the binance smart chain network. Let us now explore how to create your own BEP20 token.
The BEP20 token generator is DApp that helps the users to simply use the Smart Contract for mintable, standard, capped, burnable BEP20 token.
1. MetaMask Installation: The MetaMask should be installed compulsorily to pay the contract development fee in BNB. Other wallets can also be installed as follows:
- Trust Wallet
- imToken
- Coinbase Wallet
- Tokenpocket
- WalletConnect
2. Update The Required Details: Enter the token name and symbol and select the supply and token type.
Enter a name for the token.
Select a symbol.
Enter the decimal precision for your token.
Enter Initial Supply
Update the Total Supply
Determine the config for thr token. Config like Mint, Burn, pause, blacklist, and deflation.
3. Token Deploy: Using the MetaMask, confirm the transaction. After that, the token is ready to use.
The token that you generated will be available all around the world in the BEP20 wallet. It will have a name, symbol and amount.
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