Intermediate
Creating your own cryptocurrency: two methods, with or without coding
How can own cryptocurrency without necessarily mastering all the details of blockchain coding ? Or, conversely, do you dream of developing your own consensus mechanism and forking an existing project? In either case, there are now several concrete ways to launch an LTCO ltc token that aligns with your vision. This guide first presents the fast track (no coding required), then the more technical method (with coding), to help you achieve your ambitions, whether it's a simple memecoin or a DeFi .
Table of contents
Part 1: Creating your own cryptocurrency without coding
A more affordable option
Don't have a strong background in Solidity or Rust , or the time or skills to fork a blockchain no-code or low-code platforms that allow you to create your own cryptocurrency in just a few clicks, without writing a single line of code. These tools guide you through generating a token on networks like Ethereum , BNB Chain , Polygon , Base , Solana or Avalanche .
The process typically involves filling out a form with key parameters:
- The token name and its symbol (e.g., MEME / MEM)
- The maximum supply and the number of decimal places to define divisibility
- Advanced features include: automatic burn (partial destruction of tokens with each transaction), integrated staking (rewards for holders), and transaction fees (a small percentage taken from each transfer, often used to finance the project).
- The deployment address : this is the wallet address from which the smart contract will be published on the blockchain . It is also the address that, by default, will have certain rights over the contract (such as minting if enabled).
Once these fields are completed, the platform automatically generates a smart contract (often based on the OpenZeppelin ) and deploys it for you. In return, you simply pay:
- Gas charges for interacting with the blockchain (vary depending on the network chosen)
- A fee for using the tool, depending on the platform.
Understanding important concepts: minting, testnet, taxes…
Before finalizing the launch of your token, it is helpful to understand a few essential concepts:
- Minting : This refers to the creation of new tokens after launch. If you enable this option, you (or other authorized addresses) will be able to mint additional tokens in the future. This is useful if you plan a tiered issuance, rewards, or recurring payment system. Caution: An unlimited minting without controls can damage your token's credibility
- Testnet : This is a free testing environment on the blockchain that allows you to simulate transactions without using real funds. Before deploying to the mainnet, it is strongly recommended to test your contract on a testnet (such as Goerli, Sepolia, or BNB Testnet) to validate the token's behavior, detect any errors, and verify that special features (such as taxes or minting ) function as expected.
- Transaction fees : These involve deducting a small percentage (for example, 1 to 5%) from each token transfer. This amount can be automatically sent to a designated address (treasury, burn address, staking , or incentive holding. This mechanism is widely used in memecoins memecoin community tokens.
Linking the token to your project: from currency to functionality
integrate it into your Web3 project , whether it's a tool, a service, a platform, or a game. Here's how to do it:
- Define the concrete use cases : for example, the token can be used to pay for access to certain features (subscription, premium module, download, voting rights, etc.). In this case, your application (website, API, or smart contract ) will need to verify that the user holds a certain number of tokens, or consume them to grant access.
- Integrate it into a payment or access smart contract : if you have a dApp , you can write a smart contract that checks token possession or automatically collects it to perform an action (e.g., validate a registration, open a section, trigger a function).
- Use a Web3 login service : with tools like WalletConnect , ThirdWeb , or Moralis , you can allow users to log in to your site using their wallets. Your application can then read their token balance and adapt the experience accordingly (restricted access, privilege levels, etc.).
- Create a clear user interface : explain to visitors how to obtain the token (via DEX, airdrop, etc.), what it is used for, and why it is useful in your ecosystem.
The importance of an audit, even without coding
Whether you wrote your smart contract by hand or used an automated generator, a code audit Certik , Hacken , PeckShield ) and aims to:
- Detect known vulnerabilities
- Ensure that the contract is immutable (or that its governance is clearly defined if it is modifiable)
- Verify that critical functions (mint, burn, admin access, etc.) are properly protected
- Strengthen the confidence of users and potential investors
Indeed, even if you don't code, the contract you deploy on the blockchain will remain active and publicly visible. It is therefore crucial to ensure that it is reliable , transparent , and free of exploitable vulnerabilities .
Create your own cryptocurrency without coding: the best no-code platforms
Launching a token is now within anyone's reach. Thanks to a new generation of no-code or low-code platforms, it's possible to create your own cryptocurrency without writing a single line of code. These tools are particularly popular for launching memecoin, utility tokens, or quickly testing an idea in the market.
Here is a detailed comparison of the most used solutions, their features, limitations and use cases.
Create your own cryptocurrency on CoinTool : extremely simple to create a standard token
Advantages:
CoinTool is designed to get straight to the point. The interface is ultra simple: you choose a blockchain ( Ethereum , BNB Chain, Polygon , Arbitrum , Avalanche …), you fill out a short form with the name of your token, the symbol, the maximum offer, the number of decimal places… and you deploy.
Features offered:
- Transaction fees (e.g., redistributing a percentage on each swap )
- Automatic Burn
- On-the-fly minting (ability to create more tokens afterwards)
- Tokenomics configurable in just a few clicks
Ideal for: creating a memecoin or a basic utility token, or simply testing an idea.
Disadvantages:
- Limited advanced customization
- No mechanism for interaction with other smart contracts
- Contract cannot be modified once published
Create your own cryptocurrency on Token Tool (by Bitbond): the professional choice for a manageable token
Advantages:
Token Tool is more rigid but also more reliable. It is widely used in fundraising projects, ICOs, or DAO creation. It allows the issuance of ERC-20, BEP-20, and ERC-721 tokens with well-designed control options.
Features offered:
- Mint / burn from the interface
- Transfers paused
- Transfer of ownership of the contract
- Whitelists, blacklists
- Direct display on Etherscan / BscScan after publication
Ideal for: a serious utility token with a structured plan, a link to a dApp or a controlled community distribution.
Disadvantages:
- More technical interface
- Some settings can no longer be changed after deployment
- Slightly more demanding learning curve
Create your own cryptocurrency on ThirdWeb : a complete toolkit for building a Web3 project
Advantages:
ThirdWeb sits at the crossroads of no-code, low-code, and Web3 development. You can create tokens, NFTs, marketplaces, subscription systems, DAOs, etc., while maintaining control via a visual interface… or by integrating the contract into your React/TypeScript code.
Features offered:
- Visual dashboard to manage your contracts
- Ready-to-use modules: ERC-20 token, NFT, voting, drops, airdrops
- Front-end SDK to integrate your tokens into a website or app
- User role management, permissions, and multi-wallet interaction
Ideal for: creators of complete Web3 projects, with an ecosystem (NFT marketplace, utility token, crypto paywall, DAO…).
Disadvantages:
- Requires basic knowledge of Web3
- Sometimes requires the use of scripts (JavaScript/TypeScript)
- More technical, less suited to a quick memecoin launch
Create your own cryptocurrency on pump.fun : the ultra-viral option on Solana
Advantages:
Pump.fun has transformed the launch of memecoin on Solana . Everything is done in a few clicks: you enter a name and a symbol, you pay the fees (a few cents in SOL), and the platform creates the token, deploys a liquidity pool, and automatically manages the fair launch.
Features offered:
- 1 billion tokens automatically created
- 100% injected into the initial pool
- No minting or manipulation possible after launch
- Simplified interface as much as possible, gamification included
Ideal for: memecoin idea , launching a community token with a "buzz effect".
Disadvantages:
- No customization of tokenomics
- The token has no intended use outside of trading
- It is not possible to integrate it into a Web3 project or add features
| Platform | Required level | Supported blockchains | Key functions | Ideal use case | Main limitations |
|---|---|---|---|---|---|
| CoinTool | Beginner | Ethereum, BNB, Polygon, Arbitrum… | Taxes, burn, mint, basic tokenomics | Memecoins, tests, simple tokens | Low customization |
| Token Tool | Intermediate | Ethereum, BNB, etc. | Admin, whitelist, pause, mint/burn | ICOs, DAOs, serious utility tokens | Rigid contracts, unplayful interface |
| ThirdWeb | Advance | Ethereum, Polygon, Base, Solana… | Complete dApp , dashboard, SDK, NFTs | Ambitious Web3 projects, front-end integration | More technical learning curve |
| pump.fun | None | Solana | Fair launch auto, 1B tokens, immediate pool | Go viral Memecoin, community buzz | No controls, purely speculative use |
Conclusion: Which no-code tool should you choose to create your own cryptocurrency?
Creating your own cryptocurrency has become widely accessible. But the choice of platform depends on your ambition:
For a quick test or a light community project: CoinTool or pump.fun.
For a serious, manageable or structured token: Token Tool.
For a true Web3 dApp with complex integration: ThirdWeb.
Part 2: Creating your own cryptocurrency with code
Why code yourself?
If you're looking to design a unique altcoin , a smart contract ltc or a blockchain , delving into development is essential. You will then have:
- Full control over consensus mechanisms (e.g., Proof of Stake , Proof of Work , etc.)
- The ability to define a total number of tokens , the mining difficulty , or even the initial distribution ( ICO , staking , free distribution…)
- A free field to create complex dApp , integrate your coin or token with other protocols
This approach will suit companies wishing to innovate deeply, technical teams capable of auditing and maintaining the code, or projects seeking a more serious positioning in the market.
Create a token on Ethereum or BNB Chain using Solidity
The most common starting point is to write a smart contract in Solidity . smart contract 's an overview of the steps:
- Choose the network : Ethereum mainnet, testnet, BNB Chain, etc. Decide based on gas fees and community .
Use a framework like Truffle , Hardhat , or Remix , which are specialized development environments that allow you to easily compile , test , and smart contract on a blockchain. They offer ready-to-use tools for interacting with Solidity code, simulating transactions locally, and managing deployments to the testnet or mainnet.
- Leveraging OpenZeppelin : This library offers ERC-20, ERC-721 (NFT), and ERC-1155 contracts that have already been tested and recognized. You can inherit and adapt them to your needs.
- Add features : for example a burn , a mint allowed only at certain addresses, a tax on transfers , etc.
- Test on a testnet staking , voting , or minting functions are working correctly.
- Deploy your smart contract on the mainnet and verify the source code on Etherscan or BscScan.
Compared to no-code development, this approach offers complete freedom over tokenomics and governance . However, it requires mastering blockchain security (avoiding vulnerabilities such as reentrancy, integer overflow, etc.). An audit may therefore be necessary to reassure potential investors.
Build a corner via a fork
To go further, you can create a new coin by forking an existing project. For example: you copy the source code of Bitcoin (C++), Litecoin , or others, then you modify it:
- The name of the currency , its symbol, its logo
- Maximum supply , block rewards, extraction difficulty
- The consensus mechanism ( Proof of Work , Proof of Stake , or a hybrid)
- Network parameters (communication port, number of confirmations to validate a transaction , etc.)
Finally, you will need to generate the genesis block and set up a set of nodes to start the network. This process is more demanding. You will need:
- From a technical team (or strong personal skills)
- From a white paper justifying the novelty of your blockchain
- A plan to encourage miners or validators to participate
Disadvantages of the "with code" method
- Technical complexity : blockchain is a highly specialized field, a simple bug in the contract can lead to the loss of funds.
- Audit costs : To gain credibility , a thorough review of the code (testing + auditing) is often essential, and this comes at a price.
- Ongoing maintenance If you launch your own network, you must manage security , updates, community governance , etc.
Create your own cryptocurrency with or without code: a quick comparison of the two approaches
Create without coding
- Ease of use : Quick setup, reduced learning curve
- Lower costs : No need for large budgets for auditing
- Limited flexibility : Not everything can be customized
- Variable credibility : Risk of being perceived as a scam if there is no concrete project behind it
Created with code
- Total control consensus or tokenomics rule
- Increased complexity : Requires specialized skills, time, and constant monitoring
- Higher cost : Professional audit, node hosting, etc.
- Innovation potential : You can truly innovate (new governance , sharding , etc.)
Consolidation: giving life and value to your cryptocurrency
Whichever path you choose, one point remains crucial: cryptocurrency will only be worthwhile if users see real value . Here are some tips for getting started:
- Establish a roadmap : clearly state what you plan to do over 3, 6, and 12 months. Show the technical, commercial, or community progress
- Build a community : Telegram, Discord, Twitter. Engage people through airdrops or challenges . Provide regular updates and build trust.
- Consider the listing : a DEX ( Uniswap , PancakeSwap) is easy to access. For a CEX ( Binance , Coinbase …), you need to be more robust and meet strict criteria (volume, security , liquidity ).
- Don't neglect security : if you coded it yourself, perform an audit . If you opted for a no-code platform, check the source code and be wary of potential bugs.
- Write a whitepaper : even a brief one, it must present the purpose, the tokenomics , the consensus mechanism (if relevant) and the place of your cryptocurrency in the market.
By prioritizing transparency , consistent communication, and innovation, you'll increase your chances of giving your creation tangible value. Investors and the community appreciate clear projects where liquidity is guaranteed and the use case scenario appears credible.
Conclusion on how to create your own cryptocurrency
Launching a token or an LTC ltc can be as simple as filling out a no-code form, or as complex as forking an blockchain . Your choice will depend on your objectives , skills , and budget . The no-code approach is perfect for those who want to test a concept, launch a memecoin , or validate a prototype. The "with code" route is essential if you're aiming for blockchain technology or want to innovate in-depth on consensus and tokenomics .
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Yoann
Training engineer, I quickly became interested in the field of finance. Convinced that decentralized finance has a bright future ahead of it, I participate in its democratization by developing Crypternon.
