Up until recently is was not exactly straight forward to create your own cryptocurrency. You had to be quite a skilled programmer with an in-depth understanding of Blockchain and a number of different programming languages.
Well the innovative team behind the Waves Platform have taken all of the leg work out of it for you! Even giving you the ability to instantly start trading your new crypto within the Waves Decentralized Exchange.
Using the Waves Platform you can literally create your own cryptocurrency in seconds!
Here are some step-by-step instructions.
- Download the Waves Wallet or use the official Web Wallet
- Click on the Token Creation tab
- Give your token a name, how many you would like to create, if you want it to be re-issuable (re-issuable means you can create more in the future / not a fixed amount) and how many decimals (Max: 8)
- Hit Submit
Boom. You now have your own crypto currency which is immediately tradable on the in-built Waves Decentralized Exchange (DEX) or it can be listed on any other exchange.
Takes 10 seconds and costs 1 Wave to create.
You can buy Waves from Bittrex or from the Waves DEX within the Waves Wallet.
That's kinda scary...
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yes and no lol
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thanks for sharing biggzi. sending you some SBD
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Thanks mate I'm glad people appreciate the information
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I never knew that it's possible to make one’s own cryptocurrency that easy. Thank you for advice. and I found an additional information about it here: https://mlsdev.com/blog/155-how-to-create-your-own-cryptocurrency
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Creating a new cryptocurrency can indeed be swift, as described by @biggzi. But it's important to understand the underlying technologies and purposes. For anyone intrigued by this post, consider checking out this comprehensive guide on blockchain app development to grasp the complexities and opportunities within the blockchain ecosystem. Dive in for a richer understanding!
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