Steps to Launch Your Own BEP20 Token on Binance Smart Chain

 To create your own BEP-20 token in the binance smart chain, you just need to stick with a reputed token development company . This is because, before getting into the development process, there is a lot to sort out and ro conclude several factors like languages, platform, type of token, symbol, supply etc. With the help of a leading token developer like Security tokenizer, you can fix all your needs and futurize what your token needs to be.

 

Here is some basic details you should know before going for BEP20 token development

Token Owner

Every token will have an owner. The owner will have the power to mint new tokens and also will have the authority to stop minting the tokens.

Capped Tokens

Initially the number of tokens should be specified i.e limit to create tokens. Once that number is reached, the minting process will not be placed.

Mintable Tokens

Mintable is nothing but minting the tokens which you require to generate. Until the capped number, you can mint the tokens.

Burnable Tokens

This is the process of destroying the tokens. These types of tokens can be burnt if you require to minimize the count of your token in the market.

Black-listing of tokens

Tokens will also be black-listed. If the tokens or the site generating these tokens looks malicious, then the token can be black-listed.