Token Tool by Bitbond

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Token Multisender - Send ETH or ERC20 Tokens to Multiple Addresses

Token Multisender - Send ETH or ERC20 Tokens to Multiple Addresses

Airdrop tokens to many recipients with just a few clicks

Your Proven Airdrop and Token Distribution Tool

…

Projects launched with Token Tool

50,000

Maximum number of airdrop recipients

13,000+

Community members

Use the most advanced airdrop tool

Save time by auto filling recipients
Minimize gas fees
Send any ERC20 token

Airdrop tokens in order to

Reward your community
Distribute tokens to investors
Make dividend or coupon payments

Token Tool is trusted by degens and institutions

AI Founder

Anya Sharma

AI Founder

"As a founder building AI agents, speed and security are crucial. The Token Tool smart contract generator was instrumental for our token and IDO launch. Highly recommend!"

Web3 Builder

DiamondHands Dave

Web3 Builder

"Yo, degens! DiamondHands Dave here. This no-code token generator? Game changer. Launched my meme coin in minutes, no dev headaches. Ape in!"

Senior Project Manager at VP Bank

Reto Grässli

Senior Project Manager at VP Bank

"Art, collectibles and other real assets can be a great addition to any diverse portfolio. We use Token Tool in combination with our bank-grade custody solution to tokenize valuable assets for our private clients."

Read documentation

Token multisender on Ethereum FAQ

Yes, using a token multisender smart contract or dApp, you can send ETH to multiple recipients in a single transaction. This significantly reduces gas fees compared to sending individual transactions and allows for seamless distribution of tokens or crypto to a list of recipients.

Token multisender refers to the capability of sending a specific cryptocurrency (such as an ERC20 token) to multiple recipients in one go. This is done through a multisender smart contract or decentralized application (dApp), streamlining the process by batching multiple transfers into a single transaction.

A token multisender dApp is a decentralized application that allows users to distribute ETH or ERC20 tokens to many recipients at once. By batching transactions, it optimizes gas fees and ensures efficient distribution. Token Tool, a product by Bitbond, is one such dApp that simplifies the process of sending tokens to multiple addresses while saving costs and time.

To send ERC20 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 newline like in this example:

0x53c23c9d7fa6468f3c99c45791998e259baa32cd,64

0xc26f229db52da0ebf814dfd58a8949cdf6b6baee,35

To multisend ETH or ERC20 tokens, you will use a multisender smart contract like Token Tool. Token Tool enables the distribution of tokens in a single transaction, effectively reducing the cost and effort of sending tokens individually.

The number of addresses you can send tokens to depends on the specific token multisender dApp and the blockchain’s gas limit. For example, Token Tool allows up to 200 addresses per batch. If your list exceeds this limit, you'll need to approve multiple batches to complete the full distribution.

A token multisender is particularly useful for scenarios like:

Airdrops to promote a project by distributing free tokens.
Initial token distributions after an ICO or token sale.
Distributing dividends or rewards to token holders.
Conducting mass payments to stakeholders or employees.

A token airdrop is the distribution of free tokens to a large number of users, often used as a marketing strategy to increase awareness or reward early adopters of a project.

To airdrop tokens using a the standard airdrop feature of Token Tool’s token multisender:

1.Connect your wallet to a multisender dApp like Token Tool.
2.Select the token.
3.Input or upload a list of addresses with the amounts for each recipient.
4.Confirm the transaction, and the token will be automatically distributed to all addresses.

For more details, check the Token Tool documentation for step-by-step guidance on conducting an airdrop. You can learn more details in our guide on how to airdrop tokens.

The cost of multisending tokens depends on:

1.The gas fees on the Ethereum network.
2.The service fee charged by the dApp.

For instance, Token Tool charges USD 1 per address plus gas fees. This makes it a cost-effective solution compared to creating individual transactions for each recipient. For detailed pricing, you can refer to the Token Tool pricing page.

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