We believe that a token design is essential. Investors choose something because they think they’re getting something of perfect quality at a reasonable price. Unfortunately, many crypto projects create and offer the same coins at first glance. But, if your cryptocurrency design and branding are superior, buyers trust you more. That’s especially important when an investor checks a coin on the BscScan and Etherscan. So, today, you’ll learn how to Update Token on BSCscan and Etherscan (BEP20 and ERC20). Thanks to the BscScan’s and Etherscan’s tools, your currency will become much more attractive for potential buyers and holders for free.
Also, get other helpful guides to grow your Token’s awareness at no charge. For example, attract potential buyers by pushing the currency to the Metamask, TrustWallet, MEW, Trezor, and Ledger wallets for free. Also, make your altcoin visible on CMC, Coincodex, LiveCoinWatch, CoinCheckup, Coindataflow, DigitalCoinPrice, Coincost, Blockspot, CoinLore, TokenInsight, Coindar, BitDegree, Coinranking, Coinranking, and Coinpaprika trackers, as well as on Binance and Coinbase. In addition, push the asset to the best token-voting sites. Furthermore, improve the coin’s cap and rank by updating the circulation supply on Coingecko and CoinMarketCap. Besides, integrate Bank Cards and Apple Pay with your project’s web. Finally, get an ultimate guide on how to make a successful token and learn how to grow a coin’s liquidity on DEX at no cost.
What’s the BSCscan?
The BscScan is a blockchain explorer where people can watch all movements of BSC (BEP20) tokens. Also, Explorer provides powerful tools and analytics for Binance Smart Chain. But, most important, it’s a source of information where investors keep an eye on your cryptocurrency if you issue the altcoin on BSC.
What’s the Etherscan?
The Etherscan is the most popular Explorer for Ethereum-based altcoins. It has the same interface and features as BscScan has because the same team owns both coin-explorers. As a result, the process of Etherscan’s updating for your ERC20 token page is identical to BscScan’s updating that we described below. However, one hidden solution will help you turn on Dynamic Price and Fully Diluted Market Cap traction for your ERC-20 coin.
How to update Token info?
Token info is a pack of icons and data that BscScan’s visitors see when they open your coin’s page like that. Such info includes a token’s Logo, Social Profile badges, Price, Total Delluted Market Cap, Reputation icon, and Blue Checkmark. Just compare two coins: one with complete token information and another that doesn’t have any info (look at the two images below). So, what currency looks more attractive to potential buyers? Right. The first asset has all token’s information, so it attracts more buyers. Let’s do the same for your startup’s BEP-20 (or ERC-20) currency. Read below how to do it step-by-step:
Note that you can do the same for your ERC20 cryptocurrency on Etherscan: the process is identical for both explorers.
Basic update
The Basic update on BscScan is the first thing you must do after creating a token. Also, you need to have a working project’s website, email address (better to have the same email domain as your project’s web), and at least one social account. So, to make such an initial update do the following:
- Go to your token’s page: https://bscscan.com/token/[token contract address]
- Click on the three dots in Profile Summary and Press on Update Token Info (image below)
- Then fill out and submit a simple form there. As a result, the explorer will start showing a token’s logo and social profile.
Important to know that you can skip the Basic update and proceed with the Advanced one if your cryptocurrency has already appeared on Coingecko or Coinmarketcap.
Advanced update
The advanced update allows you to add a token Price and Fully Diluted Market Cap data. Moreover, these data will work dynamically by reflecting your token’s trades on DEX and CEX automatically and forever. As a result, all token-holders will start watching your token’s balances on their wallets in USD equivalent (picture below). Important to note that your coin must get verification (get a working page with active price) from Coingecko or CoinMarketCap coin-trackers. Then, you can request an advanced update on BscScan (or Etherscan). The good news is that you can list your token on Tokpie to appear on CMC, Coingecko and +11 other trackers. So, complete the steps below to archive superiority over competitors.
- Make sure your coin has an active page on Coingecko (or CMC).
- Go to your token’s page: https://bscscan.com/token/[token contract address]
- Click on the three dots in Profile Summary and Press on Update Token Info (as in the image above)
- Then fill out the form, entering a link to your coin’s page on Coingecko (or CMC).
Additional update
The Additional update allows you to get a better Reputation (Neutral and Ok) icon and Blue Checkmark on the cryptocurrency’s page on BscScan (or Etherscan). To obtain this kind of final improvement, follow these steps:
- Go to your token’s page: https://bscscan.com/token/[token contract address]
- Click on the three dots in Profile Summary and Press on Update Token Info.
- Then fill and submit the form, thereby selecting “Existing token Info Update” and entering what and why you want to change in the “Comment/Message” field (as shown below).
Special request: Etherscan
An alternative way to obtain price and market cap tracking for your altcoin page on Etherscan is to write a special request. Note that this option will work if you have already updated the logo and social profile section on your Etherscan page. If so, write a letter to the explorer-like shown in the picture below. Don’t forget to use the official email address you previously used to contact Etherscan’s team. Also, enter your token’s name, contract address link, and link to your Coingecko page.
Dynamic Price
The dynamic price of your cryptocurrency on BscScan or Etherscan is a core metric. Why? Because an explorer uses it to calculate the coin’s Fully Diluted Market Cap. The formula is simple: price x total token supply. Follow this guide to get dynamic price traction on your BscScan’s or Etherscan’s page.
Fully Diluted Market Cap
Another crucial metric of any coin is a Fully Diluted Market Cap. We believe that this is the only parameter that allows investors to compare cryptocurrencies. Due to the formula price multiplied by the total token supply, the BscScan or Etherscan shows the total market cap for your cryptocurrency in real-time. How? It constantly takes an aggregated token’s price from Coingecko or CMC. Also, it takes a total token supply from the coin’s smart contract. Therefore, when a price grows, the Fully Diluted Market Cap rises. To get the dynamic Fully Diluted Market Cap traction on your altcoin BscScan’s page, complete an Advanced update for free.
Cryptocurrency Logo
Another important thing for the coin’s brand awareness is its Logo. It must be the same on your crypto project’s website, Bscscan / Etherscan, and coin-trackers. So, prepare a transparent background logotype for your currency with 200 x 200 pixels dimensions and PNG format. Then, make an elemental improvement on the coin-explorer as soon as possible.
Social Profile Badges
Not a big secret that the cryptocurrency market is full of scammers who can easily create social accounts imitating any crypto startup’s asset. Therefore, your coin page on BSCscan or Etherscan must have proper links to your project’s social accounts. These can be the links on your startup’s Telegram, Twitter, Facebook, LinkedIn, etc., and a valid email address. Then, an explorer marks all of them by related budges and puts them into the Social Profile section (image above). So, complete the initial update for your currency to have that section done.
Reputation icon
All altcoins get an “unknown” reputation icon on Bscscan’s or Etherscan’s pages. However, two more upgrades are possible: “Neutral” and “Ok.” To get a “Neutral” reputation, a startup’s team members must have a good LinkedIn profile associated with the project. Also, a coin page must have a logo and price on an explorer. Crypto projects must also have clear goals and a working product to get an “Ok” reputation. Hence, if you think that meets the above requirements, try to update the reputation status.
Blue Check Mark
The Blue Checkmark on a token’s Bscscan or Etherscan page means that the associated crypto project has a substantial public interest. So, don’t even try to obtain it within the first 2-3 months after commencing the startup. First, a coin needs to gain many on-chain transactions, many holders, and references on media. Also, a working product or prototype (MVP) must be. Then, when you feel it’s ready, ask an explorer for the Blue Check Mark. As a result, people could easily find the right cryptocurrency on Explorer and avoid fake coins.
Speed up the update on Explorers
At the end of 2022, explorers added an option called: “Priority Support”. So now, any token’s issue can speed up the token’s updating on BscScan and Etherscan. Get more details on how to do that.
Bottom line
Summarizing all the above, every crypto project’s owner must take care about updating his coin’s page on BscScan (for BEP20) or Etherscan (for ERC20 coins). The cryptocurrency looks weird and doesn’t inspire anyone to purchase it without such an update. So, start with basic improvements on Explorer. Then, pass Coingecko (or CMC) to be eligible for getting Dynamic Price and Fully Diluted Market Cap. Finally, grow the number of holders and social channels activity to obtain a blue checkmark and improve your reputation on your currency BscScan’s or Etherscan’s page.
Additional ways to improve crypto asset
- Consider listing the TRC20 coin on Tokpie to grow fast.
- Also, research the growth of Base blockchain.
- Besides, investigate the global economic trend shifts by crypto.
- Learn how crypto is rewriting global economic rules.
- Also, find the Crypto AI Magic: ChatGPT.
- Besides, propel your token onto Coinpaprika. 🌶️
- Add an asset to the Coinranking.
- Insert your token into BitDegree’s list.
- Also, start adding events about your project on Coindar for free.
- List a currency on CoinLore.
- Get your token listed on CoinGecko with ease by following this ultimate guide. 🦎
- Follow an ultimate guide for fast token listing on CoinMarketCap.
- Add coin logotype to Metamask. 🦊
- Updating Circulation Supply on CMC.
- Fast updating on Bscscan and Etherscan.
- Add an asset to Trust Wallet.
- Include asset to the Coinbase.
- Add a coin to Binance for free.
- List currency for free on TOP exchange by getting more votes.
- Apply a Rented Liquidity for PancakeSwap / Uniswap.
- Read the Ultimate guide on how to make great coin.
- Increase token liquidity on PancakeSwap / Uniswap for free.
- List an asset on TokenInsight tracker.
- Add a coin to Blockspot.
- Add the asset to the Coincost.
- List the coin to DigitalCoinPrice.
- Then, add crypto-asset to the Coindataflow tracking portal.
- Besides, push the Token on the CoinCheckup.
- Also, include the currency to LiveCoinWatch.
- Then, push the asset to CoinCodex’s list.
- Also, appear on the top Coin-Voting websites.
- Then, include Token’s logo to MyEtherWallet (MEW).
- In addition, add the currency into the Trezor.
- Also, increase Token Circulation Supply to grow the rank and market cap.
- Finally, turn on Bank Cards and Apple Pay on your web.