--- title: 'Create Your Own Token in 10 Minutes for Free - Beginner''s Guide' source: 'https://youtube.com/watch?v=Lyl00JvutMU' video_id: 'Lyl00JvutMU' date: 2026-07-24 duration_sec: 640 channel: 'PROSTOINVEST' --- # Create Your Own Token in 10 Minutes for Free - Beginner's Guide > Source: [Create Your Own Token in 10 Minutes for Free - Beginner's Guide](https://youtube.com/watch?v=Lyl00JvutMU) ## Summary This video provides a beginner-friendly guide to creating your own cryptocurrency token for free in about 10 minutes using a website builder. It explains the difference between a token and a cryptocurrency, walks through the process using OpenZeppelin and Remix IDE, and discusses potential use cases and monetization. ### Key Points - **Token vs Cryptocurrency** [00:02] — Creating a cryptocurrency (e.g., a fork) takes about 1.5 months, requires multiple programmers, and costs around $10,000. A token is created on an existing blockchain, much faster and cheaper. Token is like a door handle of a car (cryptocurrency). - **Example of Token Use** [01:14] — A 13-year-old streamer created his own token, sold it to subscribers, then scammed them, earning $30,000. The video advises against this unethical practice. - **Token Creation Methods** [01:43] — Tokens can be created via programming (with basic knowledge or using ChatGPT) or via website builders. The video focuses on free website builder OpenZeppelin. - **Choosing Token Standard** [03:07] — ERC20 is the most popular token standard on Ethereum and compatible networks like Binance Smart Chain (BSC). BSC is chosen for low gas fees (10-30 cents vs 10x on Ethereum). - **Token Parameters** [03:42] — Set token name (e.g., 'Just Invest'), symbol (e.g., 'PRT'), and initial supply (e.g., 1,000,000). Optional features: Mintable, Burnable, Pausable, Permit. For beginners, leave most unchecked. - **Deploying via Remix** [05:03] — Click 'Open in Remix' to open the code in Remix IDE. Connect MetaMask wallet (must have BNB for gas). Compile with Solidity compiler (0.8.30), enable optimization, set EVM version to London. Deploy contract, confirm transaction in MetaMask. - **Adding Token to Wallet** [08:00] — After deployment, tokens are not visible automatically. Copy contract address from block explorer (e.g., BscScan), then in MetaMask go to Tokens > Import Tokens > Custom Token, paste address, and import. - **Token Value and Monetization** [09:30] — The token has zero value initially. Value comes from being a blogger/streamer/influencer who can sell to followers, or listing on an exchange with marketing. Monetization requires a large marketing campaign. ### Conclusion Creating a token is easy and free using OpenZeppelin and Remix, but the token has no inherent value. To profit, you need a following or marketing to create demand. ## Transcript In this video, we'll talk about how to create your own token for free, and it only takes 10 minutes. And also how it can be used, which services to use to create it, what is better: quickly creating it on a website builder or writing it yourself. And, of course, let's talk about how you can make a profit from this. Make yourself comfortable. Let's go. First, you need to understand that a token and a cryptocurrency are completely different things. In short, the simplest way to create a cryptocurrency, such as Fork, takes on average one and a half months. And you will need several programmers, and the budget is about 10,000 dollars. And this is one of the easiest ways to create. And the token is created on the basis of cryptocurrency. Accordingly, it is much faster and cheaper. Cryptocurrency can be compared to a car, which has a lot of components and can perform a huge number of functions. And the token can be compared to the door handle of this car. I think you get the difference. In general, one of the main functions of a token is a settlement function. You send it to friends, and you can also list it on the exchange for trading, but that, video. For example, there was a thirteen-year-old streamer who was broadcasting live. So , he created his own token and started selling it on these ethers. Subscribers started buying it, and, as expected, in his great joy he scammed them all, thereby earning himself $30,000 out of thin air. Cool, right? But I don’t recommend you do this, if you have even a little bit of conscience. Now let's move on to creating tokens. Tokens are created through programming, and you may need some basic knowledge of this. But since it's already 2025 , you can get by with just GPT chat. He will write the code for you according to your request, but you need to at least know what token structure you want to create. This requires a little knowledge of what smart contracts, burning, minting, and so on are. But since we have a video about how anyone can create a token in 10 minutes , we will use the site builder. Side constructors are websites where you enter your parameters and receive ready-made code. There are many sites. There are paid ones, which have a lot of different settings, and there are free ones, which, of course, have a little less settings. We are interested in free ones. One of these is called Open Zepelin. I'll leave a link to it in the description below the video. There will also be links to register on the crypto exchange below the video. By registering through my links, you are guaranteed to receive bonuses and discounts on trading commissions. If you haven't registered yet, please go ahead and register. And we continue. Once you've landed on the site, hover over "developers" at the top you've landed on the site, hover over "developers" at the top token. First, let's select ERC20. By the way, the famous Shiba Ino works according to this standard. It is the most popular token standard running on the EUM network. It also works on some compatible networks, such as Binance SmartChain. And this is what we need because of the low cost of gas. And I'm not talking about the gas you have in your kitchen. It's just that in the cryptocurrency world, the word gas refers to a fee for a transfer, something like a commission. Next, in the field below, we write the name of our token. Let it be just an investment. letters you see when searching for a token. Let's say I have PR Next, we write down how many tokens we want to launch at once. I'll write a million. main thing is to write without spaces and commas. Next come these check marks. Mintable is the ability to print additional tokens later. I don't turn it on. Barnable is the ability to burn tokens. I do n't need that either. Possible is a pause in n't need that either. Possible is a pause in translations in some external cases. Permit is an approval based on the signature of the order holder. You don't need Fshmint and all these other parameters yet for a simple start. Here you simply need to choose what parameters and what tasks your token will perform. Then you will be able to insert all these checkboxes yourself. I think you got it. Next is the assess control block - this is management. If you have checked the " and" boxes here before, turn them on here. This is the owner of the contract. Rolls and manager are already more complicated. This is a role model. Don't touch it yet. The last blockbity. Do n't touch that either. This is an update. You don't need it yet. This will only complicate the deployment and, in short, don’t touch it here. All. Let it be the default. Next, since we have set all the desired parameters, click on the Open in Remix button. It is a free online development environment from the Eherum Foundation. There only interested in issuing our token. And for this we need to connect the Metamask wallet here. Our tokens will be credited to it. It should also contain BNB to pay for gas. Unfortunately, without paying gas, you won't be able to issue tokens, so you'll need to create a Mmeamask wallet and top it up with BNB. By the way, this is one of the reasons why I choose the Binance SmartChain network in the video, because this network has very cheap gas. On average, it will be between 10 and 30 cents. If we were to create a token on the Ethereum network, we would pay 10 times more for gas. But on Ethereum it’s supposedly more prestigious and safer. In short, there's plenty of information online about how to create a MetaMask wallet and top it up . I don't think I need to make a separate video about this , but if I do, please write about it in the comments. After you connect and top up your wallet, select the program that will compile your code. Mine is set to 0830 by default. I'll leave this one. Next, open the Advance Configurations tab and check the Optimization box. In my case, the default will be 200. This is the number of optimizer passes. And we also select the EVM version. We select the London version. This is very important specifically We select the London version. This is very important specifically for BNB Chain. Next, click Complain. Next, we go to deploy and run. In the Environment field, select Injected Provider Metamask. Our wallet will open here. Enter the PIN code. We connect everything. And the Binance SmartChain network must be selected in it . OK. Next, we see that the account field is our account from Metamask. OK. Everything is correct. In the contract field, we select our already generated simple investment. We already have it installed by default. And in the resident address field we insert our wallet address. This is the address to which our tokens will be deployed. Check carefully, because I once had a virus on my computer, so when I copied my address, the address of some other wallet was displayed. Be careful. Well, then we click deploy. Metamask immediately displays a warning that new tokens will arrive. In my case, I'll have to pay 10 case, I'll have to pay 10 cents for gas. Well, we click confirm. green check mark appeared at the bottom. Now the final step. If we go to our wallet now, we won’t see any tokens there . And here's why. First, they need to be added there. They seem to already be on the balance sheet, but we don’t see them yet. This can be done in several ways. I'll show you one like this. Click on activity and on our latest contract. In it we select block browsers. The Block Explorer is a very convenient website where you can view all the details of a website where you can view all the details of a transaction. We are interested in interacted V. This is the contract address, and we need to copy it. Then go to Metamask. In the tokens section, click on these three dots. Next, import tokens, user token. user token. Select Binance SmartChain as the network name should be automatically pulled up for us . Here is my PRT. Just invest in one million PRT tokens. Click import. That's it, congratulations. Now, if you followed me, you will have 1 million created tokens in your wallet . Or any other number. Not necessarily a million. I'm just giving this as an example. Now these tokens can be sent to other wallets, sold, gifted, and more. Whatever your soul desires. True, its value will be zero now. Because anyone can create such a token. It will be valuable if you are some kind of blogger, streamer, or influencer, because that is the only way you can sell it to someone. Or you can list them on an exchange so that people can start buying them themselves. Well, for this you need a large marketing company so that someone will find out about it. But this, as you understand, is the topic of a completely different video. Thank you for watching the video to the end. Please give the video a like if you found it helpful and enjoyed it. And also subscribe to the channel so you don't miss the next video. You can also leave a comment with your wishes or questions, and I will try to answer them. In the description below the video, you can find links to crypto exchanges. By registering through my links, as I already mentioned, you are guaranteed to receive discounts on trading commissions and discounts on trading commissions and registration bonuses. Thanks again everyone. Bye everyone . [music]