Multisend AVAX or ARC20 tokens to multiple recipients
Token multisender dApp for all your tokens
Send your tokens to multiple recipients efficiently
Send stable coins or cryptocurrency for dividend or coupon payments
Input list of addresses and amounts manually
Distribute automatically via CSV upload (download a holder snapshot like here)
To distribute token connect wallet first
Multisend ARC20 Tokens on Avalanche FAQ
Can you send AVAX to multiple addresses in one transaction on Avalanche?
Yes, you can send AVAX to multiple recipients in one transaction. This is done using so-called multisend smart contracts. You can also multisend AVAX or ARC20 tokens using multisender dApps.
What does multisend ARC20 tokens mean?
Multisend ARC20 tokens means sending an ARC20 token to multiple recipients simultaneously. To achieve that you need a multisend smart contract or multisender dApps.
What is a token multisender dApp?
A token multisender dApp is a decentralized application built on a blockchain such as Ethereum. It enables users to send AVAX or ARC20 tokens to multiple recipients in one batched transaction. Bitbond Token Tool is a multisender dApp simplifying the process of distributing tokens. It helps you send tokens to a large number of addresses efficiently and cost-effectively.
How do I send ARC20 tokens to multiple addresses?
To send ARC20 tokens to multiple addresses, you can use a token multisender dApp or smart contract. Such dApps allow you to input a list of recipient addresses and corresponding token amounts. Then you can initiate a single transaction to distribute the tokens to all the specified addresses.
Token Tool provides an intuitive interface to carry out the process in an easy manner. Simply connect your wallet, go to the “Distribute Token” function and select the token you would like to multisend. Copy and paste a list of addresses with the respective token amount that you want to send to each address. Alternatively, you can upload a .csv, .xls or .txt file with the list.
The list should include each recipient address and the respective token amount separated by a comma (note that there must NOT be a space after the comma: [Wallet Address],[Amount]). Each address has to be on a new line like in this example:
Token Tool provides an intuitive interface to carry out the process in an easy manner. Simply connect your wallet, go to the “Distribute Token” function and select the token you would like to multisend. Copy and paste a list of addresses with the respective token amount that you want to send to each address. Alternatively, you can upload a .csv, .xls or .txt file with the list.
The list should include each recipient address and the respective token amount separated by a comma (note that there must NOT be a space after the comma: [Wallet Address],[Amount]). Each address has to be on a new line like in this example:
0x53c23c9d7fa6468f3c99c45791998e259baa32cd,64 0xc26f229db52da0ebf814dfd58a8949cdf6b6baee,35
How do I multisend AVAX or multiple ARC20 tokens in one transaction?
Sending AVAX or ARC20 tokens to multiple addresses in a single transaction requires a multisend smart contract. You can use Token Tool’s multisender smart contract to easily distribute AVAX or ARC20 tokens. By using this contract, you can consolidate all the transactions into one, saving time and gas fees.
Is there a limit to the number of addresses I can multisend tokens to?
The limit on the number of addresses you can multisend tokens to depends on the specific token multisender dApp or smart contract used. Different contracts may have different limitations based on the gas limits and other factors of the underlying blockchain. Token Tool has a limit of 200 addresses per batch transaction. If there are more than 200 addresses in your list, you will have to approve each batch separately.
Why would I need to multisend tokens?
Token multisend functions are commonly used for airdrops to a long list of eligible recipients. They can also be used for initial token distribution to investors after a primary issuance, sending additional tokens to token holders after a capital increase or a rights issue, sending dividend or coupon payments in stable coins, cryptocurrencies or asset tokens to token holders.
What is a token airdrop?
A token airdrop is a method of distributing free tokens to a large number of individuals, typically as a way to raise awareness, reward community members, or encourage adoption of a new cryptocurrency or blockchain project.
How to airdrop tokens with a token multisender dApp?
In order to airdrop tokens with a multisender dApp simply follow the steps as described per the respective dApp documentation. With Token Tool doing an airdrop is the same as mulitsending tokens. You can learn more details in our guide on how to airdrop tokens.
How much does it cost to multisend tokens to many addresses?
The cost of multisending tokens to many addresses depends on the gas fees of the blockchain network used. It also depends on the complexity of the smart contract utilized. Programming your own smart contract can be expensive and complex. Hence leveraging multisender dApps like Token Tool can make the process more reliable and less costly.
Sending tokens to multiple addresses in a single transaction is generally more cost-effective than sending individual transactions. It does still incur gas fees for each operation performed on the blockchain.
With Token Tool, distributing ARC20 tokens on Avalanche costs USD 1 per address + gas fees. The fees are paid in AVAX which is the native cryptocurrency of Avalanche.
Sending tokens to multiple addresses in a single transaction is generally more cost-effective than sending individual transactions. It does still incur gas fees for each operation performed on the blockchain.
With Token Tool, distributing ARC20 tokens on Avalanche costs USD 1 per address + gas fees. The fees are paid in AVAX which is the native cryptocurrency of Avalanche.