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feat: add warning about token naming
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StephenFluin committed Jan 18, 2024
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# Create a New Interchain Token

import { Callout } from '../../../../components/callout'

Interchain tokens are ERC-20 tokens that are available on [multiple blockchains](https://docs.axelar.dev/resources/testnet). They are created using the [Interchain Token Service](https://github.com/axelarnetwork/interchain-token-service/blob/main/contracts/InterchainTokenService.sol) and can be used to transfer value between blockchains.

The Interchain Token Service is deployed to [`0xB5FB4BE02232B1bBA4dC8f81dc24C26980dE9e3C`](https://etherscan.io/address/0xB5FB4BE02232B1bBA4dC8f81dc24C26980dE9e3C) while the Interchain Token Factory is deployed to [`0x83a93500d23Fbc3e82B410aD07A6a9F7A0670D66`](https://etherscan.io/address/0x83a93500d23Fbc3e82B410aD07A6a9F7A0670D66).

You can create a new Interchain Token through the [Interchain Portal](https://testnet.interchain.axelar.dev/), or by building a custom ERC-20 token and deploying it with a Mint/Burn token manager on all chains. These tokens will be accessible on multiple chains, allowing for seamless interaction on each chain by utilizing familiar methods such as send, transfer, and approve -- just as with any standard ERC-20 token.

<Callout emoji="💡">Make sure you are thinking about token names and any relevant stakeholders. Creating a simple token using the ITS Portal will use the same token name for all chains. If you need dfferent names on different chains, you'll need to build a custom token.</Callout>

## Create a new Interchain Token using the Interchain Token Portal

The simplest way to create an Interchain Token is to do so through the portal:
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Refer to the [four-step tutorial](https://axelar.network/blog/how-to-create-an-interchain-token-with-axelar-in-4-steps) for more detailed steps on creating Interchain Tokens using the Interchain Token Portal.


## Create a custom Interchain Token

If you want your token to have more features than the standard Interchain Token, you can create a [custom token](../../reference/glossary/#custom-token). With these tokens, you can specify minting policies, ownership structures, rate limits, and other bespoke functionality.
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