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In recent times, many startups prefer the crypto sector to generate passive income to stabilize their financial needs. The crypto sector has been bundled up with wide opportunities to earn profits. To be more precise, the demand for crypto tokens surges high in the crypto industry.

Crypto tokens are the subset of cryptocurrency which is used to access crypto-based platforms. Crypto tokens are used in various crypto platforms such as crowdfunding, trading, gaming, arts, and more.

How to create a crypto token?

As we are all aware of the fact, crypto tokens are generated on the blockchain ledger system. In the crypto space, the most common and highly preferred blockchain in the crypto space is Ethereum, Tron, and Binance smart chain.

Ethereum blockchain is an open-source and secure blockchain supporting the best token standards such as ERC20, ERC721, ERC1155, etc. Similarly, the Tron blockchain supports effective token standards such as TRC20 and TRC721. Whereas, the Binance smart chain includes the BEP20 token standard.

Procedure to Create a crypto token

1. Choose the crypto token type that suitable for your business requirements
2. Create a token by registering the token name, symbol, and address. Select the required blockchain and token standards.
3. Code the smart contract in the blockchain.
4. Create a wallet
5. Validate the contract and token
6. Add token to the wallet
7. Deploy the token

If you would like to select the right crypto token type to launch your ICO platform, make sure of choosing the right provider to acquire fine services for your business. Speaking of which, you can go with Icoclone - a prominent service provider offering high-standard token development services at a budget-friendly cost.

You can Contact their team experts via:

Whatsapp: +91 95005 75285
Email id: hello@icoclone.com
Skype: live: hello_20214