This article will serve as a tutorial for creating your own cryptocurrency token. We will be using Etherum’s “ERC-20” token as a basis for our code. Once we are finished you can use it to represent currencies or anything that you want to be tradable and have a fixed supply in circulation. This should go without saying but having knowledge in coding is really beneficial here to understand completely what we are doing through the whole process.

Step 1. Create a MetaMask Account

Metamask wallet serves as a gateway to blockchain apps and this is one of the first things that you have to do to get started. It’s an extension for your browser and be sure to only use Google Chrome for this. You will have to create an account and write down a 10-word pneumatic code.

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Step 2. Add some Ether to your Wallet

Like you see in the picture above I already have added 1 Ethereum and that is because when we create the token we are going to use some of Ethereum as fees. It’s called the Gas Fee and its a fee for using their blockchain to transfer your tokens. This website allows you to request at least 1 Ethereum from their faucet.

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How to Create a Cryptocurrency Token
3.05 GEEK