DEV Community

Grant McNamara
Grant McNamara

Posted on

How to make a Solana Token in just 3 minutes!

Before I begin with this post, I am asking people to donate some Solana. I just recently used this method to make myself a token and I am trying to get it on the market. Im poor so any donation to help me get it published will help a ton. ALSO anyone that donates will get 1k GDVC for free. I will send the token to the address that sends me some solana. THIS IS NOT A SCAM!! Send solana here: Fmxpd5adjh7iXnNvhByAWKjvLthRCA4DBNFFbsupesGd

FIRST TO COMMENT GETS 10K GDVC!

Getting Started

In order to create a token on the solana blockchain you will want around 0.005 SOL so that all fees are covered. If you cant directly purchase some solana I recommend using FaucetPay to get some cryptocurrency fast and easy. I would also recommend signing up for Freecash to send some crypto your faucet pay account. Completing 1 survey will normally get you $0.50 which is more than enough solana. If you dont want to do a survey than just go to several faucets on faucetpay and claim. That takes much much longer though. Once you have obtained enough solana you need a web3 crypto wallet to interact with the dapp. I recommend using the Exodus Wallet extension as it offers compatibility with phantom connections, exodus connections, etc.

Now before you create your currency you need to do some research to make sure that the name of the currency you want to make doesn't already exist! I would also highly recommend creating a logo for your token as it makes it look a lot better.

Creating Your Token

Timer starts now! Head over to https://app.strataprotocol.com/launchpad and select create new token and then self managed. Connect your wallet and approve all the requests. Then fill out the details for your currency. If the token you want to make already exists it will fail to be created and you will be charged fees still! Once the form is filled out just click create token and approve all transaction requests. It will send several of these and you have to approve all of them. Those are fees for creating the token, creating an account for the token, and publishing metadata. Once it finishes you can go to your wallet, add the token contract and BOOM. You have just created your own currency.

Next Steps

Everything below is optional.

Disable minting on your token.

Get a OpenBook Market ID: https://www.serumexplorer.xyz/market/create

Add your token to exchanges such as Raydium.io

Top comments (0)