Token Tool by Bitbond
Pricing

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 Optimism FAQ

Yes, you can use a token multisender dApp on Optimism to send ETH or ERC20 tokens to multiple addresses in one transaction. This significantly lowers gas fees and simplifies token distribution compared to sending individual transactions.

Token multisender refers to the ability to send a cryptocurrency (such as ETH or ERC20 tokens) to multiple recipients in one transaction. A multisender dApp or smart contract handles the batching of these transactions, making the process efficient and cost-effective.

A token multisender dApp on Optimism is a decentralized application that allows users to distribute ETH or ERC20 tokens to multiple recipients at once. This process is faster and cheaper on Optimism’s Layer 2 network compared to Ethereum mainnet. Token Tool by Bitbond is one such dApp that helps you easily send tokens to many addresses while optimizing gas costs.

To send ERC20 tokens on Optimism:

1.Connect your wallet to a token multisender dApp such as Token Tool.
2.Select the ERC20 token you wish to distribute.
3.Enter or upload the recipient addresses and the corresponding amounts.
4.Approve the transaction to complete the distribution to all recipients in a single transaction.

Token Tool provides a streamlined interface, making it easy to input addresses manually or upload a list in formats such as CSV, XLS, or TXT.

To multisend ETH or ERC20 tokens on Optimism, use a multisender dApp like Token Tool, which consolidates multiple transfers into a single transaction, saving time and gas fees. Simply select the token, upload the recipient list, and approve the transaction.

Yes, the number of addresses you can multisend to depends on the gas limits of the blockchain and the token multisender dApp being used. On Optimism, Token Tool supports up to 200 addresses per batch. If your list exceeds this limit, you can split the transaction into multiple batches.

A token multisender dApp on Optimism is useful for:

Airdrops: Distributing free tokens to a large audience.
Initial token distributions: Issuing tokens to investors after a sale.
Dividends or rewards: Paying token holders in crypto or stablecoins.
Mass payments: Sending payments to stakeholders or employees.

A token airdrop is the distribution of free tokens to multiple recipients, often as part of a project’s marketing strategy to increase awareness or reward community members. The low-cost and high-speed nature of Optimism makes it ideal for conducting large-scale airdrops.

To airdrop tokens using a multisender dApp like Token Tool:

1.Connect your wallet to Token Tool on the Optimism network.
2.Select the ERC20 token for the airdrop.
3.Enter or upload a list of addresses and corresponding token amounts.
4.Approve the transaction, and the tokens will be automatically sent to the recipients.

For detailed guidance, refer to the Token Tool documentation or our airdrop guide.

The cost of multisending tokens on Optimism depends on:

1.Gas fees on the Optimism network, which are lower than Ethereum.
2.Service fees charged by the multisender dApp.

For example, Token Tool charges USD 1 per address plus Optimism gas fees. You can view the full pricing on the Token Tool pricing page.

© Bitbond 2024 | www.bitbond.com | Imprint | Terms & Conditions | Crypto Affiliate Program
;