What is a crypto token?
A crypto token is a digital asset created on top of an existing blockchain using a standard such as ERC-20, BEP-20 or SPL — representing anything from a currency to a membership, reward or voting right.
Token vs coin: the key difference
A coin has its own blockchain (Bitcoin, Ether, BNB, SOL). A token is built on top of an existing blockchain and relies on it for security. Almost every new project launches a token — not a coin — because it is faster, cheaper and does not require building a whole network.
How tokens are created
A token is really just a smart contract that keeps a list of balances: who owns how much. When you "create a token," you deploy this contract to a blockchain. With a no-code creator you only choose the name, symbol, supply and features — the contract is generated and deployed for you.
The main token standards
- ERC-20 — the original standard on Ethereum, Base and Arbitrum.
- BEP-20 — the BNB Chain equivalent of ERC-20.
- SPL — the token standard on Solana.
They behave similarly for most projects. The right one simply depends on which chain you launch on. See ERC-20 vs BEP-20 for a deeper look.
What can a token represent?
- Currencies / meme coins — community-driven value.
- Utility — access to a product, service or feature.
- Rewards & loyalty — points users earn and spend.
- Governance — voting power in a project.
- Fundraising — distributing ownership to early supporters.
Key things every token has
When planning your token you will decide on a name, a symbol (ticker, e.g. BTC), a total supply, and the number of decimals. You can also add optional features like minting, burning, a transaction tax or an anti-whale limit. Our free tools help you plan supply and tokenomics.
Frequently asked questions
Is a token real money?
A token has whatever value the market gives it. Some are worth nothing; others trade actively on exchanges. Creating a token is easy — building real demand through community and utility is the hard part.
How much does it cost to make a token?
Only the blockchain network fee plus a small flat service fee. On Solana and BNB Chain this can be a few dollars. See the cost on each chain in our cost calculator.
Do I own the token I create?
Yes. Deployment is non-custodial — you are the sole owner of the contract, and by default tokens are immutable and ownerless (rug-proof) unless you add owner features.
Ready to create your own token?
Launch a token on BNB Chain, Ethereum, Base, Arbitrum, Solana, Polygon, Optimism, Linea, Avalanche, Scroll, Sui, TON, Berachain, HyperEVM, Sonic, Unichain, World Chain, Soneium, Mantle or Cronos — no code, in minutes.
Create your token