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Web3.py Interact with ERC20 Token - Web3py Typing CST Test

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Web3.py Interact with ERC20 Token — Web3py Code

Read balance and transfer ERC20 tokens.

from web3 import Web3

w3 = Web3(Web3.HTTPProvider('http://127.0.0.1:8545'))
abi = '[...]'
address = '0xTokenContractAddress'
contract = w3.eth.contract(address=address, abi=abi)

# Check token balance
balance = contract.functions.balanceOf(w3.eth.accounts[0]).call()
print('Token Balance:', balance)

# Transfer tokens
tx_hash = contract.functions.transfer(w3.eth.accounts[1], 100).transact({'from': w3.eth.accounts[0]})
w3.eth.wait_for_transaction_receipt(tx_hash)

Web3py Language Guide

Web3.py is a Python library for interacting with the Ethereum blockchain. It allows developers to deploy, interact with, and query smart contracts, manage accounts, and handle blockchain transactions programmatically.

Primary Use Cases

  • ▸Deploying and interacting with smart contracts
  • ▸Reading blockchain data and logs
  • ▸Automating DeFi and trading operations
  • ▸NFT minting and marketplaces
  • ▸Backend blockchain integrations in Python

Notable Features

  • ▸Python-native interface to Ethereum nodes
  • ▸Supports multiple Ethereum networks
  • ▸Smart contract ABI interaction
  • ▸Event listening and filtering
  • ▸Transaction creation, signing, and sending

Origin & Creator

Web3.py was created by the Ethereum Foundation community in 2016 to provide a Pythonic interface to the Ethereum blockchain.

Industrial Note

Web3.py is preferred in Python-based projects, automated scripts, backend integrations, DeFi bots, and data analytics pipelines interacting with Ethereum.

More Web3py Typing Exercises

Python Web3.py Simple Smart Contract InteractionWeb3.py Check Ether BalanceWeb3.py Deploy Simple ContractWeb3.py Listen to Contract EventsWeb3.py Send Ether TransactionWeb3.py Estimate GasWeb3.py Check Transaction ReceiptWeb3.py Call Contract View FunctionWeb3.py Deploy Contract with Constructor Args

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