# How much does it cost to create ERC20 tokens?

Creating your own ERC20 token using token generators is usually much more cost-effective than hiring a web3 programmer. In exceptional cases where the smart contract mechanics are highly complex and customized, the involvement of programmers may be necessary. However, in 90% of cases, token generators cover all the necessary functionality for a small cost. The cost of creating your own ERC20 contract on CoinFactory starts from 0.03 ETH. 

Moreover, you can test all the functionality for free on the test network.