Token Tool by Bitbond
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Token Multisender - Send POL or MRC20 Tokens to Multiple Addresses

Token multisender dApp for all of 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
Distribute token product documentation
To distribute a token, Connect Wallet first.

Token multisender on Polygon PoS FAQ

Yes, using a token multisender dApp, you can send POL (Polygon's native currency) or MRC20 tokens to multiple recipients in one transaction. The Polygon PoS network is highly scalable and offers lower gas fees compared to Ethereum, making it an efficient network for bulk token distributions.

On Polygon PoS, a token multisender refers to the capability of sending POL or MRC20 tokens to multiple recipients simultaneously. By batching multiple transfers into a single transaction, users can optimize gas fees and improve the efficiency of token distribution.

A token multisender dApp on Polygon PoS is a decentralized application that allows users to distribute POL or MRC20 tokens to many recipients in one go. One such tool is Token Tool by Bitbond, which simplifies the process of token distribution on Polygon by offering low-cost and efficient multisend functionality.

To send ERC20 tokens on Polygon PoS, follow these steps:

1.Connect your wallet (MetaMask or another compatible wallet) to a token multisender dApp like Token Tool.
2.Select the token you want to distribute.
3.Input or upload a list of recipient addresses and corresponding amounts.
4.Approve the transaction and complete the multisend process.

Token Tool allows you to distribute tokens easily by either pasting a list of addresses or uploading a .csv, .xls, or .txt file. The list must be formatted with each address followed by the token amount separated by a comma (e.g., 0x53c23c9d7fa6468f3c99c45791998e259baa32cd,64).

To multisend POL or ERC20 tokens on Polygon PoS, you can use a dApp like Token Tool. This tool allows you to send tokens to multiple addresses in one transaction, reducing both time and transaction costs.

Similar to Ethereum, the number of addresses you can multisend tokens to on Polygon PoS depends on the gas limits of the network. With Token Tool, you can send tokens to up to 200 addresses per batch. For larger distributions, you will need to approve each additional batch.

A token multisender on Polygon PoS is especially useful for:

Airdrops to increase awareness of a new project.
Initial token distributions after an ICO or token sale.
Distributing rewards or dividends to token holders.
Conducting mass payments to stakeholders or employees.

The lower gas fees on Polygon PoS make it a cost-effective network for performing these types of token distributions.

A token airdrop on Polygon PoS is a method of distributing free tokens to a large group of recipients. It is often used to promote new projects, reward loyal community members, or encourage early adoption.

To airdrop tokens using a multisender dApp on Polygon PoS (e.g., Token Tool):

1.Connect your wallet.
2.Select the token to be airdropped.
3.Upload or input the list of recipient addresses with respective token amounts.
4.Approve the transaction to distribute the tokens.

More detailed instructions can be found in the Token Tool documentation here.

The cost of multisending tokens on Polygon PoS depends on:

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

Using Token Tool for distributing ERC20 tokens costs USD 1 per address plus the Polygon PoS gas fees, which are significantly lower than Ethereum. Check the Token Tool pricing page for more information.

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