Build Your Own Coin: How to Create a Bitcoin Cash SLP Token
Weekly Analyst Thoughts
The mint.bitcoin.com wallet is a premier web wallet for Bitcoin Cash. This wallet is unique because it can create Simple Ledger Protocol Tokens (SLP tokens) for a fraction of a penny without the hassle of dealing with complicated wallet GUIs that are common in cryptocurrency wallets. SLP tokens are tokens built on the Bitcoin Cash blockchain, similar to ERC-20 tokens on Ethereum. Below, see a quick tutorial on how to create an SLP token from the mint.bitcoin.com wallet.
SLP Token Creation Tutorial
- Go to mint.bitcoin.com, click “configure,” and then click seed phrase (mnemonic). Write down your seed phrase.
- Fund your wallet with a small amount of BCH, so you can create an SLP token (please do not send to this address- use your own mint.bitcoin.com wallet).
- Click create and fill out the token information including optional choices on fixed supply, token icon, whitepaper and token website.
- Click Create Token.
- You are done! You just created an SLP token on the BCH blockchain for a fraction of a penny.
Special Prize: I have sent 2 analyst note tokens to a specific SLP address and paid a BCH dividend of $1.
First person to claim the prize gets the 2 analyst tokens and $1 of BCH since I am attaching the public address and private key below.
Public Address: qr03tzwdvnh3gyckuuwq0ucunr58em7wz5vctq9emg
Private Key: Ky5ppoE4Xs12pBWAFR4L89ZxTNfKTnv4Dy7A3UeFXmpiEU6PLkNt
Jacob Stelter | Blockchain Analyst