How much will it cost to launch my own cryptocurrency?

[Sotherefore]

The Bitcoin transactions done on the blockchain could take 3 days before you will receive it but the cost is very minimal. I fact the transaction fee is not significant.

Hmmm, omo so have you ever done any transaction before that you are not paying for a transaction fee ? If this is true I would love to try it out , the blockchain technology is really wide

 

[Syldan]

I think it may depend on the coin you wish to launch because I believe they are ranked by grade. though I am not good at that but i believe it may cost alot to be popular depending on your customers.

 

[Sotherefore]

It will depend on so many things that will determine this but most of the time it will be cheaper than what you expected depending on the network you are using . That's all I know.

 

[Bookwormlux]

Starting your own cryptocurrency is very very easy and that is why we are seeing a lot of difference camp shitcoins available on the internet right now. I just hope it will be more expensive .

 

[Syldan]

Actually I can't tell how much exactly it can cost you to launch your own cryptocurrency though some people says is very much easy to launch but can't testify their opinions.

 

[Setho]

The block chain technology has received a lot of growth in the past two years. Right now you just need to be able to interact with the software before you can be able to deploy smart contract on it and in most cases you do not even need to pay any kind of fee whatsoever.

 

[Bookwormlux]

Someone who used to post on forums sometimes back said that he too was able to start his own cryptocurrencies, and this made me to believe that it is not a very difficult thing to do at all.

 

[Lens]

Creating your own cryptocurrency is not really difficult but you need to be financially capable if you really want to make headway in cryptocurrency Creation.

 

[Ononivami]

I don't really know the exact amount that it will cost you but I know that it will cost you less if you are well equipped around programming. Particularly, cryptocurrency related programming.

It is true that if you have the knowledge around programming, you will be able to make your token at a much cheaper rate when compared with someone with a shallow knowledge around it.

 

[Syldan]

I dont think it's possible to predict exactly how much someone can spend to launch his own cryptocurrency depending on his marketing strategies and involvement of high market investors.

 

[joy101]

I don't really know the amount it will really cost someone to launch cryptocurrency, because for me I have never done that before but don't think it will cost much to do that.

 

[Ononivami]

The amount it will cost to launch your own cryptocurrency will be very huge but I don't know the exact amount. However, it will be much cheaper if you have the knowledge in programming.

 

[LadAckerman]

The truth is that today we have more than 2000 different cryptocurrencies, so creating a token that will stand out from the crowd is a tough task. It will cost from $15,000 up to $50,000 according to many different technical aspects.

 

[Syldan]

Actually I dont think anyone can just predict how much it will cost to launch a cryptocurrency if not engage before because there are alot of things that are supposed to be done and it will content expenses.

 

[Lens]

The amount of money needed to launch cryptocurrency depend on your technical know how. You will spend less if you have the relevant knowledge around the creation of the cryptocurrency.

You will spend a lot of money if you choose to invite the experts on the cryptocurrency space to help you design the cryptocurrency. . It will cost you lots of money to launch one.

 

[Setho]

It should generally cost you nothing less than $5 in order to create a smart contract and execute. A majority of the money is going to go to when you want to build it on chain and actually market it.

 

[Setho]

There are some blockchain technologies that you can be able to kick-start almost immediately . This means that you can be able to create smart contract for free but you will only need money when it comes to advertising and marketing.

 

[Lens]

If you really want to start and you want to minimise the cost of creating your cryptocurrency, you should start with the token . The token will use the blockchain of another cryptocurrency .

 

[Smiles20]

There are a lot of basic technologies that are going to allow you to create a token for free. You are going to start spending money only as the project is advancing where you will need to hire developers.

 

[Ononivami]

Your level of expertise around the block technology will goa long way to helping gat a reasonable lead on the cryptocurrency project. If you are a programmer it will reduce the cost.