How To Make Your Own Cryptocurrency

How to Get Started: Creating Your Own Cryptocurrency

What is a Cryptocurrency?

Advantages and Disadvantages of Cryptocurrencies

  • absolute anonymity of users;
  • fast and cheap money transfers that do not depend on the location of the addressee;
  • transparency of operations, ability to track all transactions in the blockchain;
  • lack of pronounced inflation, thanks to the limited issue of coins;
  • investment potential.
  • a large number of really dishonest projects created by hackers damaging the overall reputation of the industry;
  • legislative problems in many states;
  • a small number of specialists in blockchain development;
  • volatility of prices, inability to accurately predict the growth or fall of the cryptocurrency rate.

How to Make Your Own Cryptocurrency: Example

How to make a cryptocurrency — Token

How to make a cryptocurrency — Coin

  • You have a ready-made project. Cryptocurrency will be needed for settlements between its participants;
  • You intend to launch a startup with a popular and relevant idea. Your own cryptocurrency will attract investors by selling tokens;
  • Your goal is to make money selling digital assets.
  • Development of cryptocurrency technology from scratch;
  • Making fork an existing coin;
  • Use of platforms that provide the ability to issue their own tokens.

Difference Between Token and Coin

What is the difference between hard and soft forks?

Benefits of having your own cryptocurrency

FAQ

Can I create my own Cryptocurrency?

How much does it cost to create your own Cryptocurrency?

How do you make a successful Cryptocurrency?

What gives my Cryptocurrency value?

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store