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.
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