How you can create your own cryptocurrency?

Waves platform logo

WAVES platform is a place where you can easily create your own crypto. Today I will do step by step tutorial on this process.

1. step

You need to go to their website (https://waveswallet.io)

2. step

Click on the “new account” button.

New account button
  • Write down you Wallet SEED on a piece of paper and put it somewhere safe
  • Fill in your name and password
  • Click on the “register” button
Registration form

3. step

Now you have your own Waves account and you need to deposit some Waves to it.

The easiest way is to buy Waves on Binance and then send it to your Waves wallet. You just send your Waves from Binance the address on the top of the screen.

Address

4. step

When you have Waves on your Waves wallet you can start creating your token. You need to click on this icon and you will see the screen in​ the next picture.

Token creation button
Token creation

Here you need to fill in the name of your token, Description of its function, total number of tokens that will be available and how many decimals can your token have, also you need to decide if you want your token to be re-issuable (that means that you can supply more tokens in the future).

Then you just click on the “submit” button

This process costs 1 Wave. It is a really low fee for creating a token and it is also really simple.

I have created my own token too. Its name is TompadikToken and I am selling now one token for 0.01 USD. In the future I hope I can use this token to pay for my PREMIUM group with TA and crypto news that will be on this site too (there will be a discount of some sort when you pay with this token) and at that time it will be much more expensive so someone can use it to pay for my group. You can buy some right now directly in the waves wallet. You just need to go to the exchange and then find it with the identifier of my token (8eqpzcjh7XNdyLN5kJxAcDZNMsR1N7kuTnYJ3wMajTf9). I am trading it for Waves and Bitcoin right now. You are welcome to buy some! 😉

Please comment, like/dislike and share! 😉

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