Token Multisender - Send ETH or ERC20 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 Arbitrum FAQ
Can you send ETH or ERC20 tokens to multiple addresses in one transaction on Arbitrum?
Can you send ETH or ERC20 tokens to multiple addresses in one transaction on Arbitrum?
Yes, you can use a token multisender dApp on the Arbitrum network to send ETH or ERC20 tokens to multiple addresses in a single transaction. This process is more cost-effective compared to sending individual transactions, as it reduces the overall gas fees while facilitating seamless token distribution.
What does token multisender mean on Arbitrum?
What does token multisender mean on Arbitrum?
Token multisender refers to the ability to send ERC20 tokens (or other assets) to multiple recipients at once, all in a single transaction. This is achieved using a multisender dApp or a smart contract on Arbitrum, allowing for efficient distribution of tokens, such as in airdrops or bulk payments, while reducing transaction fees.
What is a token multisender dApp on Arbitrum?
What is a token multisender dApp on Arbitrum?
A token multisender dApp on Arbitrum is a decentralized application that allows the mass distribution of tokens, such as ERC20 tokens, in one transaction. With Arbitrum’s Layer 2 solution, the Token Tool by Bitbond helps users save on gas fees while sending tokens to multiple recipients in an efficient and secure manner.
How do I send ERC20 tokens to multiple addresses on Arbitrum?
How do I send ERC20 tokens to multiple addresses on Arbitrum?
To send ERC20 tokens to multiple addresses on Arbitrum, follow these steps:
1.Connect your wallet to a token multisender dApp such as Token Tool.
2.Select the ERC20 token you want to distribute.
3.Enter or upload a list of recipient addresses along with the respective token amounts.
4.Confirm the transaction to send tokens to all recipients at once.
Token Tool simplifies this process, offering an intuitive interface where users can input addresses and amounts or upload files in CSV, XLS, or TXT formats.
How do I multisend ETH or ERC20 tokens to multiple addresses in one transaction on Arbitrum?
How do I multisend ETH or ERC20 tokens to multiple addresses in one transaction on Arbitrum?
To multisend ETH or ERC20 tokens on Arbitrum, you will need to use a multisender dApp or smart contract like Token Tool. It allows users to batch transactions into one, saving both time and gas fees while making large-scale token distributions more efficient.
Is there a limit to the number of addresses I can multisend tokens to on Arbitrum?
Is there a limit to the number of addresses I can multisend tokens to on Arbitrum?
Yes, the number of addresses you can multisend tokens to depends on the multisender dApp or smart contract you are using. Token Tool on Arbitrum allows users to distribute tokens to up to 200 addresses per batch. If you need to send tokens to more than 200 addresses, you can approve multiple batches to complete the distribution.
Why would I need to multisend tokens on Arbitrum?
Why would I need to multisend tokens on Arbitrum?
Token multisend functionality on Arbitrum can be beneficial for:
Airdrops: Distributing tokens to a large audience to promote a project.
Initial token distributions: Sending tokens to early investors after a token sale.
Rewards or dividends: Paying token holders in stablecoins, cryptocurrencies, or other assets.
Mass payments: Distributing salaries, rewards, or other payments to a large number of recipients.
What is a token airdrop on Arbitrum?
What is a token airdrop on Arbitrum?
A token airdrop is the distribution of free tokens to a group of recipients, often used to increase awareness of a new project or reward users for their participation. With Arbitrum’s low-cost infrastructure, airdrops can be conducted in a cost-efficient manner.
How to airdrop tokens with a token multisender dApp on Arbitrum?
How to airdrop tokens with a token multisender dApp on Arbitrum?
To airdrop tokens on Arbitrum using a multisender dApp like Token Tool, follow these steps:
1.Connect your wallet to the Token Tool dApp.
2.Choose the ERC20 token you want to airdrop.
3.Input the recipient addresses and token amounts or upload a file with this data.
4.Approve the transaction and the airdrop will automatically distribute the tokens.
For more details, you can refer to the Token Tool documentation or read our comprehensive guide on how to airdrop tokens.
How much does it cost to multisend tokens to many addresses on Arbitrum?
How much does it cost to multisend tokens to many addresses on Arbitrum?
The cost of multisending tokens on Arbitrum depends on:
1.Gas fees on the Arbitrum network, which are lower than Ethereum mainnet.
2.Service fees charged by the token multisender dApp.
For example, Token Tool charges USD 1 per address in addition to Arbitrum gas fees, making it an affordable option for large-scale distributions. You can refer to the Token Tool pricing page for more details.
