How to issue a Token on Binance Chain

Currently the only way is using command line tool

Install CLI

Doc:https://docs.binance.org/api-reference/cli.html

Clone package from github

git clone https://github.com/binance-chain/node-binary.git

Enter sub folder (This example, we use Mac and v0.5.8.1, for other client read the offical doc above)

cd cli/prod/0.5.8.1/mac

Create Account

./bnbcli keys add newtokenowner

Please backup the account, and send some BNB to this new account for the next steps

Issue Token

Doc:https://docs.binance.org/tokens.html

You need to find a workable peer for the local command to connect, below is the list:
https://dex.binance.org/api/v1/peers

Using the command below to test the peer, if no error return, then it is a working peer

./bnbcli status --node=https://seed1.4leapbnb.com:443

Then you can create the token

Note:
1 total-supply boosted by 1e8 for decimal part
2 mintable means you can increase the total-supply in the future
3 node is the peer address you find above
4 you need 1000 BNB in the newtokenowner address as the fee to create the token

./bnbcli token issue --token-name "TEST" --total-supply 10000000000000000 --symbol TEST --mintable --from newtokenowner --chain-id Binance-Chain-Tigris   --node  https://seed1.4leapbnb.com:443 --trust-node

Submit your token to MathWallet

After issue your token, you can submit it to MathWallet in the link below

https://m.maiziqianbao.net/submit/token?type=binance

MathWallet need around 1 day to review the new token

Transfer the token in MathWallet

Download MathWallet: https://mathwallet.org

In the Binance Wallet, click ‘+’ and add your token, then you can do the transfer / trading, etc.

More token related operation (Destory, Mint, etc)

Doc:https://docs.binance.org/tokens.html

Binance DEX Mainnet Current Fees (2019/04/17)
Issue-related fees
Issue token: 1,000 BNB
Mint Asset: 200 BNB
List Asset: 2,000 BNB
Submit Proposal: 10 BNB
Burn Asset: 1 BNB
Trading-related fee
New Order: 0 BNB
Cancel (No Fill): 0.0001 BNB
Order Expire (No Fill): 0.0001 BNB
Transfer/Deposit: 0.000625 BNB

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