What is an ERC-20 Token?
An ERC-20 token is a digital asset built on the Ethereum blockchain following the ERC-20 standard. This widely-adopted standard ensures compatibility with thousands of applications, exchanges, and wallets across the Ethereum ecosystem. ERC-20 tokens can represent virtually anything: cryptocurrencies, utility tokens, governance rights, loyalty points, or even real-world assets.
As the original and most established smart contract platform, Ethereum provides unmatched security, decentralization, and developer ecosystem support. With the transition to Proof of Stake and ongoing Layer 2 developments, Ethereum continues to evolve while maintaining its position as the leading platform for tokenized assets and decentralized applications.
How Does Our Ethereum Token Creator Work?
CreateMyCoin simplifies ERC-20 token creation, making it accessible to everyone regardless of technical expertise. Our platform handles all the smart contract deployment complexities, allowing you to focus on your project vision.
No Coding Required
Simply fill out a form with your token details. Our pre-compiled, audited smart contract is deployed directly from your browser. No Solidity knowledge needed.
Instant Deployment
Your token is deployed directly to Ethereum in a single transaction. Once confirmed, your token is live and ready to use immediately.
Full Ownership
You receive 100% of the initial token supply. The contract is deployed to your wallet, giving you complete control over your tokens.
Testnet Available
Test your token on Sepolia testnet for free before deploying to mainnet. Perfect for validating your setup without spending real ETH.
How to Create an Ethereum Token
Step 1: Connect Your Wallet
Connect your Phantom wallet (Ethereum mode) or MetaMask. Make sure you have enough ETH to cover the creation fee plus gas costs (approximately 0.01-0.02 ETH on mainnet).
Step 2: Configure Your Token
Enter your token name, symbol, decimals (usually 18), and initial supply. Optionally upload a logo that will be stored on IPFS for permanent availability.
Step 3: Deploy Your Token
Click "Create Token" and confirm the transaction in your wallet. Your token contract will be deployed to Ethereum, and you'll receive the contract address within minutes.
Step 4: Start Using Your Token
Once deployed, you can add your token to wallets using the contract address, list it on decentralized exchanges, or integrate it into your applications.
Frequently Asked Questions
How much does it cost to create an Ethereum token?
The creation fee is 0.001 ETH plus Ethereum network gas fees. Gas costs vary based on network congestion but typically range from 0.005-0.02 ETH for contract deployment.
Can I test my token before deploying to mainnet?
Yes! Select Sepolia testnet from the network dropdown. You can get free test ETH from various Sepolia faucets to experiment without spending real funds.
Is the contract code audited?
Our ERC-20 contract is based on OpenZeppelin's battle-tested implementations, the industry standard for secure smart contract development.
Do I retain full ownership of my token?
Absolutely. The contract is deployed from your wallet, you receive 100% of the supply, and there are no admin keys or backdoors. Your tokens are fully yours.