Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: pratapsingh on October 11, 2023, 11:50:38 AM
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Creating a BEP20 token using Binance Smart Chain (BNB Chain) is a streamlined process that leverages BNB's infrastructure for faster and more cost-effective transactions compared to the Ethereum network. Here are the steps:
- Set Up a Binance Smart Chain Wallet: Create a wallet compatible with Binance Smart Chain to store your BEP20 tokens.
- Acquire BNB: You'll need BNB to pay for transaction fees on the BNB Chain.
- Develop a Token Smart Contract: Write a BEP20 token contract using Solidity, following the BEP20 standard. You can use popular tools like Remix or Truffle for this.
- Deploy the Contract: Deploy the contract on the BNB Chain using platforms like Binance Smart Chain Mainnet.
- Verify and Test: Ensure your token contract functions correctly and has no vulnerabilities.
- Distribute Tokens: Once verified, distribute your BEP20 tokens to your community or users.
Creating a BEP20 token on the BNB Chain provides scalability and cost-efficiency while tapping into Binance's vast user base.
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