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 Arbitrum FAQ

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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