Creating a BEP20 token no longer requires deep coding knowledge or blockchain expertise. Thanks to DeployTokens, a powerful no-code token creation platform, anyone can launch their own BEP20 token on the Binance Smart Chain (BSC) in just a few clicks.
In this guide, we’ll cover everything you need to know about BEP20 tokens, including how to create your own token without coding, common questions, and troubleshooting solutions.
Understanding BEP20 Tokens
What is BEP20?
- BEP20 is a token standard used on the Binance Smart Chain (BSC), defining the rules and functionalities for tokens on the network.
- It operates similarly to ERC20 but offers lower transaction fees and faster processing times.
- BEP20 tokens operate exclusively on Binance Smart Chain (BSC) and require BSC-compatible wallets like MetaMask or Trust Wallet.
Step-by-Step Guide to Creating a BEP20 Token Without Coding
1. Choose a No-Code Token Creator
Using a no-code solution like DeployTokens simplifies the token creation process. Instead of manually writing and verifying a smart contract, DeployTokens allows users to create a fully functional BEP20 token with just a few clicks.
Benefits of DeployTokens:
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- Quick deployment – No coding required.
- Automated contract verification – Ensures security and transparency.
- Secure wallet integration – Seamless connection with MetaMask or Trust Wallet.
- Customizable tokenomics – Set features like auto-burn, staking, and liquidity locks.
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2. Connect Your Wallet
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- Open MetaMask or Trust Wallet.
- Ensure your wallet is set to the Binance Smart Chain (BSC) Mainnet.
- Visit DeployTokens and click “Connect Wallet”.
- Approve the connection request to enable token creation.
3. Define Your Token Parameters
- Token Name – Choose a unique name (e.g., MyToken).
- Symbol – Set a ticker symbol (e.g., MTK).
- Decimal Places – Typically set to 18 for precision.
- Total Supply – Determine the number of tokens.
- Additional Functionalities:
- Set Supply Cap – Ensures the total token supply cannot exceed a predefined limit.
- Burn Function – Allows the removal of tokens from circulation, reducing total supply.
- Mint Function – Enables the creation of new tokens, useful for rewards and incentives.
- Pause Function – Temporarily halts all transactions and transfers for security or maintenance purposes.
4. Deploy Your BEP20 Token
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Once you’ve set the parameters, deploying the token is straightforward:
- Click the “Deploy” button.
- Confirm the network fee (gas fee) in your wallet.
- Wait a few moments for the transaction to process.
- Your token is now live on the Binance Smart Chain.
5. Promote Your Token
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After launching your token, you need to build awareness and encourage adoption. Here are some ways to promote your BEP20 token:
- List on decentralized exchanges (DEXs) like PancakeSwap.
- Apply for centralized exchange (CEX) listings.
- Build a strong community on social media and Telegram.
- Engage with influencers in the crypto space.
- Publish blog posts & press releases to increase visibility.
FAQs & Common Issues Related to BEP20 Tokens
1. Where is the BEP20 Address in Trust Wallet?
To find your BEP20 token address in Trust Wallet:
- Open Trust Wallet.
- Tap “Receive”.
- Search for your BEP20 token or manually add the contract address.
- Your BEP20 token address will be displayed.
2. Why is BEP20 Suspended?
There are several reasons why BEP20 transactions might be temporarily suspended:
- Network congestion – High activity on Binance Smart Chain can delay transactions.
- Exchange restrictions – Some exchanges suspend deposits and withdrawals for maintenance.
- Security concerns – Audits or compliance checks may temporarily pause certain tokens.
3. Are BEP20 and ERC20 the Same?
While BEP20 and ERC20 share similarities, there are key differences:
- BEP20 runs on Binance Smart Chain (BSC), while ERC20 operates on Ethereum.
- BEP20 transactions are cheaper and faster compared to ERC20.
- Cross-chain transfers require bridging services to move tokens between BSC and Ethereum.
4. What Does BEP20 Mean?
BEP20 stands for “Binance Smart Chain Evolution Proposal 20”. It is designed for:
- Scalability – Supports high-speed, low-cost transactions.
- Efficiency – Suitable for DeFi, gaming, and NFT projects.
- Interoperability – Compatible with Binance Chain’s BEP2 tokens through a bridging mechanism.
Final Thoughts
Creating a coin or token on BEP20 network without coding has never been easier with DeployTokens. Whether you’re building a DeFi project, a rewards system, or an NFT token, this platform allows you to launch your token quickly and securely.