Revealing the differences in token issuance fees among the eight major public chains: Polygon only requires $4, while Ethereum can be as high as $125.

CN
7 hours ago

Many beginners are curious: with so many coins on the blockchain now, how much would it cost if I were to issue one myself? This question can be complex or simple. The complexity lies in the fact that the cost of issuing tokens can vary greatly depending on the type, blockchain, and method used. On the other hand, it is simple because the costs of issuing tokens are generally public and transparent, making them easy to understand.

In this article, we will take PandaTool as an example to analyze the specific costs of issuing tokens in detail. Note that this article is mainly aimed at crypto beginners or individuals. The costs of issuing tokens for those who specifically form teams to undertake large projects are certainly beyond the scope of our discussion.

1. Factors Related to Cost

Why is it difficult to estimate costs? Because there are many factors that can lead to differences in the cost of issuing tokens, mainly including the following:

  1. Public Chains: The cost of issuing tokens varies significantly across different public chains (tool fees, gas fees, etc.).

  2. Liquidity Pools: Even on the same public chain, the costs can differ depending on the type of liquidity pool created.

  3. Internal vs. External Exchanges: Even on the same public chain, the costs of issuing tokens can differ between internal and external exchanges.

  4. Marketing: Whether to engage in marketing and promotion, and whether to include a logo, can also affect costs based on different platforms.

We cannot detail every factor specifically, but we can provide a general analysis of the costs so that everyone has a concept in mind: knowing that issuing a token will cost this much is sufficient; the specifics of how to operate and how much to spend depend entirely on the individual.

2. Costs of Issuing Tokens on Different Public Chains

Now, let's analyze the costs required for token issuance on different public chains.

1. Ethereum (ETH)

Ethereum is known as an aristocratic chain, and the cost of issuing tokens is not cheap. For issuing tokens on Ethereum, PandaTool charges a tool usage fee of 0.03 ETH. Then there is the gas fee; assuming the gas price for ETH is 16, the required gas fee is approximately 0.02 ETH. Thus, the total cost for issuing tokens on Ethereum is 0.05 ETH. Assuming the price of ETH is 2500 USDT, the equivalent cost in USD is 125 dollars.

2. Binance Smart Chain (BSC)

Compared to Ethereum, the cost of issuing tokens on Binance Smart Chain is much lower. Depending on the different token templates, PandaTool charges between 0.05 BNB to 0.2 BNB, and the gas fee can be ignored. Assuming the price of BNB is 700 USDT, the cost of issuing tokens on BSC ranges from 25 dollars to 140 dollars.

3. Solana Chain

On the Solana chain, token issuance is mostly standard tokens, with fewer templates than BSC. The issuance price is only 0.1 SOL, and the on-chain gas fee can also be ignored. Assuming the price of SOL is 180 USDT, the cost of issuing a token on the Solana chain is about 18 dollars. Overall, it is relatively cheaper.

4. Base Chain

BASE is a Layer 2 public chain based on Ethereum, focusing on low cost and high speed. Indeed, using PandaTool to issue a token on the Base chain costs only 0.01 ETH, and the gas fee can also be ignored. Therefore, with ETH priced at 2500 USDT, the cost of issuing tokens on the BASE chain is only 25 dollars, which is significantly lower than on Ethereum.

5. TRON Chain

TRON is different from Ethereum and BSC; it is an independent public chain, and the cost of issuing tokens is also not low. According to PandaTool's pricing rules, the cost of issuing tokens on the TRON chain is at least 600 TRX. Additionally, there is an on-chain energy fee of about 600,000, which is equivalent to around 100 TRX. Overall, the cost of issuing a TRC20 token on the TRON chain is about 760 TRX. Based on a TRX price of 0.25 USDT, issuing a token would cost 197 dollars, which is quite high.

6. Polygon Chain

Among all public chains, the cost of issuing tokens on the Polygon chain is likely the lowest. PandaTool charges 20 MATIC for token issuance on Polygon, and the gas fee can be largely ignored. Therefore, with MATIC priced at 0.25 USDT, the cost of issuing tokens on Polygon is only 4 dollars, making it the lowest cost option.

7. Sui Blockchain

Sui is a new blockchain based on the Move language, and its token prices can fluctuate significantly. According to PandaTool's pricing standards, issuing a Sui token requires 19.5 SUI tokens. Currently, with the price of SUI tokens at 3.3 USDT, the cost of issuing a token on the Sui blockchain is approximately 60 dollars.

8. TON Blockchain

The TON chain is a new blockchain deeply integrated with Telegram. For creating tokens on this public chain, PandaTool's fee is 9.5 TON, which is relatively cheaper than Sui. Assuming the price of TON is 3.5 USDT, the cost of issuing a token is about 34 dollars. It can't be said to be cheap, but it's reasonable.

Blockchain

PandaTool Tool Fee

Gas Fee

Total Cost

Total Cost (USD)

Remarks

Ethereum (ETH)

0.03 ETH

0.02 ETH

0.05 ETH

125 USD

Highest fees, suitable for high-budget projects

Binance Smart Chain (BSC)

0.05-0.2 BNB

Negligible

0.05-0.2 BNB

25-140 USD

Fees vary greatly, flexible template options

Solana Chain

0.1 SOL

Negligible

0.1 SOL

18 USD

High cost-performance ratio, suitable for Meme coin issuance

Base Chain

0.01 ETH

Negligible

0.01 ETH

25 USD

Ethereum Layer 2 chain, faster and cheaper

TRON Chain

600 TRX

160 TRX (energy fee)

760 TRX

197 USD

Independent public chain, relatively high costs

Polygon Chain

20 MATIC

Negligible

20 MATIC

4 USD

Lowest overall cost, suitable for low-cost testing

Sui Chain

19.5 SUI

Negligible

19.5 SUI

60 USD

New chain based on Move language, slightly higher technical threshold

TON Chain

9.5 TON

Negligible

9.5 TON

34 USD

Deeply integrated with Telegram ecosystem, strong community attributes

Of course, in addition to the above blockchains, there are other public chains like Core, Arb, Blast, etc. We won't go into detail about them; if you're interested, you can check the fee display page on PandaTool: https://help.pandatool.org/price

Summary of Token Issuance Costs

1. Cost Comparison

Polygon Chain (4 USD) < Solana Chain (18 USD) < TON Chain (34 USD) < Base Chain (25 USD) < BSC Chain (25-140 USD) < Sui Chain (60 USD) < TRON Chain (197 USD) < Ethereum (125 USD)

2. Beginner Friendliness

  • Lowest Cost Option: Polygon chain only costs 4 USD, suitable for low-cost trial and error.

  • Mainstream Choice: Solana chain has moderate costs and an active ecosystem, making it a popular choice for Meme coin issuance.

  • Layer 2 Advantage: Base chain costs only 1/5 of Ethereum, combining speed and security.

  • Cost Structure: Most chains have negligible gas fees, with the main cost being the PandaTool tool fee. The high cost of the TRON chain may be related to its independent settlement mechanism, which needs to be weighed against project requirements.

3. Considerations

  • The above USD pricing is based on assumed coin prices (e.g., ETH = 2500 USD, SOL = 180 USD), and actual costs will fluctuate with coin prices.

  • Some chains (like BSC) offer various token templates, with fee ranges adjusted based on functional complexity.

  • The high costs of the TRON chain may be related to its independent settlement mechanism, which should be balanced with project needs.

Finally, it should be noted that when issuing tokens, we should not only look at costs but also consider the popularity of the public chain. Although the issuance cost on Polygon is low, the popularity of this public chain is also very low, with almost no one using it. Even though the issuance cost on Ethereum is high, the legitimacy of the public chain is strong. Your project feels more legitimate on Ethereum than on BSC, even though BSC is cheaper. Public chains like TRON and Solana have the advantage of automatically displaying logos, which is not available on Ethereum and other public chains.

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