Token Maker

Create a token in less than 30 seconds with Coinsamba

Select the type of token you want to create

Token Name

Token Symbol

Number of decimal places for the Token

Total number of tokens to be created

Loading network fee

What is an ERC20 Token?

ERC20 is a technical standard used on the Ethereum blockchain for the implementation of tokens. It defines a common set of rules that all Ethereum tokens must follow, allowing developers of all kinds to predict with precision how new tokens will function within the Ethereum ecosystem.

The ERC20 standard defines six mandatory functions (totalSupply, balanceOf, transfer, transferFrom, approve, allowance) and two events (Transfer and Approval) that allow tokens to be transferred between accounts and for applications to know when these transfers happen.

How can ERC20 Tokens be used?

  • Representation of digital assets and digital currencies on the blockchain
  • Creation of decentralized governance systems (DAOs) through voting tokens
  • Tokenization of real-world assets like real estate, artworks, or commodities
  • Implementation of loyalty and rewards programs
  • Fundraising through Initial Coin Offerings (ICOs) or Security Token Offerings (STOs)

Frequently Asked Questions