[How to Create Your Own Crypto Token ]-Steemit Crypto Academy | S5W2 | Homework Post for @reddileep

First, go to the official MetaMast site and the home page looks as below.
Now click on the Download now button and then select your device type as it’s available for Android, ISO, and desktop which support Chrome, Firefox, Brave, and Edge browser, I’m going to use chrome browser.

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Once setup is installed on your local browser we are ready to create a wallet. Click on the MetaMask icon from the installed list.

Click on create a wallet for a new wallet or we can import for an existing wallet.

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Read the privacy policy of MetaMask and click on Agree

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Create a wallet password that will be used for transaction verification.

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Read security-related all information before moving forward.

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Now keep secure office the phase in case of recover your wallet.

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Now frame a sentence that we have stored. And confirmed it.

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Now we can see the congratulation message for wallet creation.

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It’s all done for wallet setup we are good too.

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Adding Binance Smart Chain to the MetaMask

As in the below screenshot, we can see the network list shown Ethereum main and I’m using BSC so have to add the BSC network to the list by clicking add network.

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Fill in all the required information of the BSC networks like network name, new RPC URL, and Chain Id. This information is critical so don’t fill in wrong information that can create problems from fund transfer. I’m using Chainlist platform to get all the required information related to BSC.

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Chainlist

As in the above screenshot, you can see I’ve connected my MetaMask wallet and searched for BSC basic information.
Now click on approve which will add to the MetaMask list. Or we can enter all required detail manually.

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Now my wallet has successfully connected. And ready to transfer funds on Binance wallet.

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Now I’m using my spot wallet to transfer funds in the newly created BNB wallet from MetaMask as the minimum withdrawn limit is 0.1 as per the latest Binance policy.

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So after deduction of gas fee the amount 0.0995 BNB ($58.82).

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Transaction Hash id:0x416302f32979fb1d30c7a70fb0e2ae797bdd38cb5e2e3a8e54e0210a760f6742

3.Explain the Remix IDE and download the source code by showing each step. (Screenshots required)

Remix IDE is a web-based open-source developer tool that helps students and developers to test web applications for Ethereum based blockchain. This tool is written javascript which supports local browsers such as chrome, firefox, and others. The purpose of this tool is to make coding a fast process and reliable seamlessly. As I’m going to create a BSC token contract so need to get basic information about BSC by official documents. Let’s see how it can be set up in a coding environment.

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After selecting issuer-BEP20 it landed to the BSC remix.ethereum.org compilation document that has to follow.

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Next, we have to download BEP20Token.sol and update. That can be downloaded by clicking here

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4- Customize the source code according to your imagined future project. (In addition to simply stating the steps, you should provide a clear explanation about each customized code)

As per the BSC issuer document, we have to open REMIX IDE and after landing on the home page the UI interface looks as.

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First I have to create a new contract file with the name BEP20Tonen.sol

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Now opened BEP20token template that downloaded just now from BSC official site
As we can see some Interface list name has been defined with the name of IBEP20 such as totalSupply(), decimals(), symbol(), and name() that we are going to use in our programming just a bit.

From my local notpad++ windows

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The BEP20Token context inherited the IBEP20 interface and has to implement according to our new token creation.

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name(): Here name is the name of the project or token name Like Binance smart Chain
symbol(): This function is for returning the abbreviation of the project name like Binance smart chain or BSC
decimals(): this function validate the after fraction value will accepts example : 0.000000000000000001 (18 decimals).

totalSupply(): whereas it returns the total supply value for the token allocation.

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Now it’s time to name my new project.

Name = "Steem For Local";
Symbol = "SFL";
Decimals = 18;
Total supply = 1000000 * 10 ** 18;

Now I’ll assign this basic parameter to the function. As below.

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Now it’s time for compilation. As from the left side compile icon we can do that.

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Now after deployment we can get the detail of the project name, project owner, and total supply for more reference look screenshots.

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5- Demonstrate all the steps to add your created crypto token into your any wallet such as Trust Wallet and MetaMask wallet. (Screenshots required)

As in the previous question, we have seen token has been created now we need to connect the MetaMask wallet to Remix IDE and perform other steps.

From the MataMast wallet click on three dots and then connect sites. Currently, only it’s connected to Chainlist only.

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Now click on manual connect to the current site. And the next.

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Now click on connect.

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From the Remix IDE change environment as Injected Web3 provider. That is for the MetaMast code execution provider.

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In the Remix, IDE from the left side account section can be seen my BNB wallet connected.

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Now click on deploy and in the contract deployment section total gas fee is 0.00786627BNB, next click on confirm.

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10 million SFL has been created successfully. and Hash id : 0x48121170be448735a9ecff08c379ea1c08f3d08895dd6cad46bc259bcd3224d4 can be seen in the log detail.

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We are ready to import the newly created tokens into the MetaMask wallet as.

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Click on import tokens. That will ask for the Token contract address. To get the contract address click on the BEP20TOKEN blockchain

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Paste that id in the MetaMask Token contract address input box rest of the detail will populate automatically such as symbol, decimal value.

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Next, click on add custom token and then import token.

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A newly created 1000000 SFL was added to the network list.

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6- Verify transactions and other details through the relevant Block Explorer. (Screenshots required)

After successfully deploying the transaction Id we can take it from the log file.

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Transaction hash id : 0x48121170be448735a9ecff08c379ea1c08f3d08895dd6cad46bc259bcd3224d4

To verify the transaction I’m using bscscan official site.

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In the above screenshot, the truncation fee is 0.00786627 BNB ($4.65) and others can be found like Token name, total supply SFL, 100000 SFL respectively.

Created SFL token detail.

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