How much does it cost to create a token?
Before moving to the cost of creating a token, it is essential to know the purpose of the token. Meanwhile, the costs depend on the goal and factors such as the blockchain platform and the complexity of your projects. For a basic token on platforms like Binance Smart Chain or Ethereum, deployment fees typically range around $10,000. If you opt for a smart contract audit, it may cost from $ 1,000 to $10,000. Additional costs for marketing, community building, and legal fees can bring the total to anywhere from $2,000 to $50,000 or more, depending on your goals and features. The cost of developing a token widely depends on factors like a blockchain platform and the complexity of your projects.
Before creating your token, it's crucial to read a comprehensive guide on how to build a token, as it will provide valuable insights and steps that will be helpful.