Post
Topic
Board Altcoin Discussion
Re: TRC20 Token Creation
by
Tokenista
on 29/11/2020, 21:41:55 UTC
I have a question for quite some time about token creation across platforms. I heard that creating a token on ERC-20 or Tron is also very easy and the cost of the token generation service only costs 50 $!
I'm just a trader and don't understand too much about technology and IT. So I want to ask that only through this post can I create my own token without any fees? Undecided
* P/S: I have a long cherished trading pool project and I want to save as much money as possible before creating my project. I will greatly appreciate your detailed answer on this matter. Many thanks.

TRC20 is Free, that is why I chose it to launch first, no other reason.

Just make sure you have 10 TRX in your wallet for energy fees, or 3,000 TRX Frozen as energy in your wallet. The Energy is imaginary and is just a way for TRON to generate Income on their Blockchain, but if you don't have the energy Frozen already it doesn't cost too much to pay for energy on spot. You have to Freeze (A.K.A. Stake) a lot more TRX to get the same amount that you could use by Burning (instead of Staking) but Burnt Fees go to TRON and don't come back, while the Frozen coins are just locked in your own wallet.

So it is your choice if you want to invest a little or a lot, but it only costs the Energy Fee to make a TRC20.

After your Token is made tell us about it in this thread.