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Guide to creating a token on the Stellar blockchain

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Creating a token on the Stellar Lumens (XLM) blockchain is simple And you don't have to be familiar with complicated programming concepts or a particularly high budget.

This guide will use the graphical interface provided by the site as an example official website of Stellar, which also offers the possibility to test the operation of the token before issuing it on the main network.

Note: The token in this guide has been created for the purpose of writing the article only. It will not be used or listed.

Before you start, you need to have 2 different Stellar addresses with at least 2 XLM, since these should cover the cost of the fees to carry out the transactions.

The first thing to do is go to the website and choose on which network to create the token, and then select the Transaction Builder option:

Guide to creating a token on the Stellar blockchain

At the bottom of the page, a series of fields must be completed with information on the origin account, the transaction number, the fee (measured in stroops where 100 corresponds to 0.00001 lumens), the case note and the limits of weather.

After completing the first part, it is necessary to go to the lower section and choose from the drop-down menu the type of transaction, change trust (Change trust) and enter the token data, such as the origin account, the ticker, the amount of the supply and the account ID of who creates the transaction.

Guide to creating a token on the Stellar blockchain

At this point, the transaction is created, which must be signed and transmitted within the general ledger, following the buttons at the bottom of the page.

So even on the Stellar blockchain it's easy to create a new token. With a very small cost of less than 1 dollar, it is possible to complete the operation and use the token in any way, according to the needs and without particular limits. This shows that this procedure is available to everyone and not just specialized developers.



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