Create ERC20 Token on Arbitrum
Arbitrum ERC20 token generator FAQ
What is the Arbitrum blockchain and what are ARC20 tokens?
How do I create an ARC20 token with a token maker?
Instead of programming your own ERC20 smart contracts on Arbitrum, you can simply use an ERC20 token generator. It requires you to have a web3 wallet such as Metamask, and sufficient funds to cover for the token creation fees. Token generators streamline the process of creating tokens.
Bitbond Token Tool is a token maker that enables effortless token creation, by simply connecting to the Arbitrum network, and by defining your token parameters: name, symbol, total supply, and other customizable features. It’s as easy as filling in a form by carefully following instructions. The token maker then generates the smart contract code for you and tokens get automatically deployed onto the Arbitrum network. Your digital assets are successfully issued after the transaction is processed.
Can I create an ARC20 token without any smart contract coding knowledge?
Yes, you can! Bitbond Token Tool was designed specifically for users that don’t have any coding or technical knowledge. Using such a token generator is the perfect solution enabling you to leverage the true power of such innovative technology. It provides a highly intuitive interface and pre-built templates that guide you through the token creation process.
Token makers eliminate the need for coding expertise, allowing individuals with limited technical background to create their own BEP20 tokens saving significant costs and time. You can even try it for free on the Arbitrum Sepolia Testnet using “faucet” FTM.
What are the benefits of using an ARC20 token generator?
How do I add a logo to my ARC20 token?
Can I set a limit on the total supply of my ARC20 token?
How do I track the total supply and circulation of my FRC20 token?
Can I use my ARC20 token in decentralized finance (DeFi) applications?
Is it possible to change the properties of my ARC20 token after it has been created?
Some properties such as the token name, symbol, and decimals can’t be modified after the token creation and successful deployment to the Arbitrum network. Depending on the additional features you enable upon creation, it may be possible to carry out modifications under the Manage Token function after creation.
For example: If you enable “Can mint” upon creation of the token, then once you create the ERC20 token and deploy it to the network, you would be able to return to the Manage Token page and add more tokens to the total supply after the initial creation. The asset documentation entry can also be altered after token creation, if this feature is enabled.
How do I add tax and deflation on my token?
To add tax and deflation to your ARC20 token, you must enable “Charge transaction tax / fee” and/or “Burn fee for deflationary token” respectively. You can then configure the parameters to fit your needs.
For example: for the tax feature you can configure the token to deduct a 1% fee each time the token is transacted with on the network. You will need to choose a recipient wallet address to which the transaction fee should be automatically credited.