ERC20 Token Balance - Get the Balance of ERC20 Tokens

In the present day’s tutorial demonstrates easy methods to get the ERC20 token stability of an deal with with the Moralis Token API. Because of the accessibility of this software, all you want is a single API name to the getWalletTokenBalances() endpoint. Right here’s an instance of what it will probably seem like:

const Moralis = require(“moralis”).default;
const { EvmChain } = require(“@moralisweb3/common-evm-utils”);

const runApp = async () => {
await Moralis.begin({
apiKey: “YOUR_API_KEY”,
// …and some other configuration
});

const deal with = “0xbc4ca0eda7647a8ab7c2061c2e118a18a936f13d”;

const chain = EvmChain.ETHEREUM;

const response = await Moralis.EvmApi.token.getWalletTokenBalances({
deal with,
chain,
});

console.log(response.toJSON());
};

runApp();

All it’s important to do is change YOUR_API_KEY together with your Moralis API key, configure the deal with and chain parameters to suit your request, and run the code. In return, you’ll get an array of tokens containing the stability for every:

[
{
“token_address”: “0x3c978fc9a42c80a127863d786d8883614b01b3cd”,
“symbol”: “USDT”,
“name”: “USDTOKEN”,
“logo”: null,
“thumbnail”: null,
“decimals”: 18,
“balance”: “10000000000000000000000”,
“possible_spam”: true
},
{
“token_address”: “0xdac17f958d2ee523a2206206994597c13d831ec7”,
“symbol”: “USDT”,
“name”: “Tether USD”,
“logo”: “https://cdn.moralis.io/eth/0xdac17f958d2ee523a2206206994597c13d831ec7.png”,
“thumbnail”: “https://cdn.moralis.io/eth/0xdac17f958d2ee523a2206206994597c13d831ec7_thumb.png”,
“decimals”: 6,
“balance”: “102847”,
“possible_spam”: false
},
//…
]

That’s it; when working with Moralis, it’s simple to get the ERC20 token stability of an deal with. From right here, now you can use this information and effortlessly combine it into your Web3 tasks!

In the event you’d prefer to be taught extra about how this works, be part of us on this article or take a look at the official documentation on easy methods to get ERC20 token stability by a pockets.

Additionally, keep in mind to enroll with Moralis, as you’ll want an account to observe alongside on this tutorial. You may register fully totally free, and also you’ll acquire rapid entry to the business’s main Web3 APIs!

Overview

A necessary side of most blockchain functions – together with wallets, decentralized exchanges (DEXs), portfolio trackers, and Web3 analytics instruments – are ERC20 token balances. Consequently, it doesn’t matter what decentralized software (dapp) you’re constructing, you’ll doubtless want the power to effortlessly get the ERC20 token stability of an deal with. Nevertheless, querying and processing this information with out correct growth instruments is a tedious and time-consuming process. Luckily, now you can keep away from the difficult components by leveraging the Moralis Token API to get the ERC20 token stability of an deal with very quickly!

In immediately’s article, we’ll begin by going again to fundamentals and briefly study what a token stability is. From there, we’re additionally going to discover ERC20, as that is the most well-liked commonplace for fungible tokens. Subsequent, we’ll bounce straight into the tutorial and present you easy methods to seamlessly get the ERC20 token stability of an deal with utilizing the Moralis Token API. To prime issues off, we’ll additionally present you easy methods to use the Token API to get the spender allowance of an ERC20 token!

In the event you already know what a token stability is and what the ERC20 token commonplace entails, be happy to skip straight into the ”Tutorial: Learn how to Get the ERC20 Token Steadiness of an Tackle” part!

Additionally, in the event you’re severe about constructing Web3 tasks, you’ll doubtless need to take a look at another instruments Moralis affords moreover the Token API. As an illustration, two different wonderful interfaces are Moralis’ free NFT API and the free crypto Worth API. With these instruments, you possibly can seamlessly construct Web3 tasks in a heartbeat!

So, if you’d like entry to the business’s main Web3 APIs, keep in mind to enroll with Moralis so you can begin leveraging the true energy of blockchain expertise immediately!

What’s a Token Steadiness?

A token stability refers back to the quantity of a selected cryptocurrency an account or pockets holds. Within the crypto world, there are two main fungible token varieties: native and non-native tokens. Let’s take a look at every a bit bit deeper:

Native Tokens: A local token is a blockchain community’s base cryptocurrency. All impartial blockchains have their very own native token. They usually have quite a lot of utility inside their respective ecosystems. As an illustration, a local token is usually used to reward validators/miners and pay for transaction charges. A distinguished instance is ETH, which is the native token of the Ethereum community. Non-Native Tokens: Non-native tokens are created on prime of an present community – reminiscent of Ethereum – utilizing sensible contracts. These tokens are sometimes created by a Web3 undertaking and are solely used inside its personal borders. Examples of non-native tokens embrace DAI, USDT, and USDC.

ERC20 Token Balance Data Available with the Moralis Token API

So, when speaking a few token stability, we sometimes consult with the quantity of a selected native or non-native token an account or pockets holds. Furthermore, though there are numerous varieties of fungible tokens, they largely observe the ERC20 token commonplace. However what precisely does this imply? And the way does ERC20 work?

What’s ERC20?

ERC20, or Ethereum Request for Remark 20, is a technical commonplace for sensible contracts on the Ethereum blockchain and different EVM-compatible networks. This commonplace defines a algorithm, capabilities, and occasions {that a} token should implement for it to be thought-about ERC-20 compliant.

The capabilities and occasions outlined within the ERC20 token commonplace present a typical interface for all tokens to allow them to be simply accessed, acknowledged, and used. As an illustration, one of many capabilities is balanceOf(), making certain that it’s doable to seamlessly get a person’s stability of any ERC20 token.

However, this commonplace interface ensures a unified ecosystem the place all tokens are suitable with each other, together with decentralized functions (dapps) and different Web3 tasks. Some distinguished examples of ERC20 tokens embrace ETH, USDC, USDT, SHIB, and lots of others!

Additionally, whereas ERC20 is the most well-liked and well-used token commonplace, it’s removed from the one one. Two extra requirements are ERC721 and ERC1155, that are used to control NFTs on the Ethereum blockchain. In the event you’d prefer to be taught extra about these, take a look at our article on ERC721 vs. ERC1155!

However, now that you’ve a greater understanding of what ERC20 entails, let’s bounce straight into the tutorial and present you easy methods to get a pockets’s ERC20 token stability!

Tutorial: Learn how to Get the ERC20 Token Steadiness of an Tackle

The most effective and most easy option to get the ERC20 token stability of a person is to leverage the Moralis Token API. This API offers real-time ERC20 token information, permitting you to fetch costs, transfers, and, in fact, balances with a single line of code!

Tutorial - How to Get the ERC20 Token Balanec of an Address

The API can be cross-chain suitable, supporting ten-plus EVM chains, together with Ethereum, BNB Good Chain, Polygon, and lots of others. As such, with Moralis, it has by no means been simpler to construct crypto wallets, portfolio trackers, or Web3 token analytics instruments!

However, to spotlight the accessibility of this software, we’ll take the next sections to point out you easy methods to get the ERC20 token stability of a person in three easy steps:

Get an API KeyWrite a ScriptRun the Code

However earlier than we bounce into step one of the tutorial, you’ll must handle just a few stipulations!

Conditions

On this tutorial, we’ll present easy methods to get the ERC20 token stability of a person with JavaScript. Nevertheless, you may also use TypeScript and Python in the event you favor. However if so, notice that the steps outlined on this tutorial would possibly differ barely.

However, earlier than you get going, you’ll have to have the next prepared:

From right here, you should set up the Moralis SDK. To take action, arrange a brand new undertaking in your built-in growth setting (IDE) and run the next terminal command in your undertaking’s root folder:

npm set up moralis @moralisweb3/common-evm-utils

That’s it; you’re now prepared to leap into step one of this tutorial on easy methods to get the ERC20 token stability of a person!

Step 1: Get an API Key

You’ll initially want a Moralis API key, which is required for making calls to the Token API. Luckily, you may get your API key totally free. All it’s important to do is enroll with Moralis by clicking on the ”Begin for Free” button on the prime proper of the Moralis homepage:

Start for Free Button - First step to get ERC20 Token Balance

When you’re achieved organising an account and your first undertaking, yow will discover the important thing by navigating to the ”Settings” tab. From there, you possibly can merely scroll down and replica your Moralis API key:

Save the important thing, as you’ll want it within the subsequent step!

Step 2: Write a Script

With a Moralis API key at hand, you’re prepared to begin coding. As such, arrange a brand new ”index.js” file in your undertaking’s root folder and add the next code:

const Moralis = require(“moralis”).default;
const { EvmChain } = require(“@moralisweb3/common-evm-utils”);

const runApp = async () => {
await Moralis.begin({
apiKey: “YOUR_API_KEY”,
// …and some other configuration
});

const deal with = “0xbc4ca0eda7647a8ab7c2061c2e118a18a936f13d”;

const chain = EvmChain.ETHEREUM;

const response = await Moralis.EvmApi.token.getWalletTokenBalances({
deal with,
chain,
});

console.log(response.toJSON());
};

runApp();

That is all of the code you should get the ERC20 token stability of a person. Nevertheless, you should make just a few minor configurations earlier than you possibly can run the script.

To begin with, change YOUR_API_KEY with the important thing you copied within the earlier step:

Subsequent, you should configure the deal with and chain parameters to suit your request. For the deal with const, add the pockets deal with from which you need to get the ERC20 token stability. And for chain, you possibly can swap the community in the event you want to question a blockchain apart from Ethereum:

Code snippet devs can change to select another network

From there, we then go the parameters when calling the getWalletTokenBalances() endpoint:

Code calling the getWalletTokenBalances() endpoint

That is it; that’s all of the code you should get the ERC20 token stability of a person. All that is still from right here is operating the script!

Step 3: Run the Code

To run the script, merely open a terminal, cd into the undertaking’s root folder, and execute the next command:

node index.js

In return, you’ll get a response containing an array of ERC20 tokens together with the stability for every cryptocurrency. Right here’s an instance of what it would seem like:

From right here, now you can effortlessly combine the ERC20 token stability information into your tasks!

Learn how to Get Spender Allowance of an ERC20 Token

Along with getting the ERC20 token stability of a person, the Moralis Token API additionally lets you question the spender allowance of an ERC20 token. However what precisely is the spender allowance?

ERC20 token allowance refers back to the quantity {that a} spender is allowed to withdraw on behalf of the proprietor. That is frequent when interacting with dapps like Uniswap, giving the platform the best to switch the tokens you maintain in your pockets.

So, how will you get the spender allowance of an ERC20 token?

Properly, due to the accessibility of the Moralis Token API, you possibly can observe the identical steps from the ”Tutorial: Learn how to Get the ERC20 Token Steadiness…” part. The one distinction is that you should name the getTokenAllowance() endpoint as an alternative of getWalletTokenBalances().

As such, if you wish to get the spender allowance of an ERC20 token, merely change the contents in your ”index.js” file with the next code:

const Moralis = require(“moralis”).default;
const { EvmChain } = require(“@moralisweb3/common-evm-utils”);

const runApp = async () => {
await Moralis.begin({
apiKey: “YOUR_API_KEY”,
// …and some other configuration
});

const chain = EvmChain.ETHEREUM;

const deal with = “0x514910771AF9Ca656af840dff83E8264EcF986CA”;

const ownerAddress = “0x7c470D1633711E4b77c8397EBd1dF4095A9e9E02”;

const spenderAddress = “0xed33259a056f4fb449ffb7b7e2ecb43a9b5685bf”;

const response = await Moralis.EvmApi.token.getTokenAllowance({
deal with,
chain,
ownerAddress,
spenderAddress,
});

console.log(response.toJSON());
};

runApp();

From right here, you’ll then want so as to add your API key by changing YOUR_API_KEY:

Subsequent, you should configure the parameters, and as you’ll rapidly discover, there are just a few extra this time. For the deal with parameter, you should add the token deal with. For ownerAddress, add the deal with of the token proprietor. And for spenderAddress, add the deal with of the token spender:

Configuring code parameters inside visual studio code to get ERC20 token balance

We then go these parameters when calling the getTokenAllowance() endpoint:

When you run the code, you’ll get a response trying one thing like this:

{
“allowance”: “0”
}

And that’s it! That is how simple it’s to get the spender allowance of an ERC20 token when working with Moralis!

For a extra detailed breakdown of how this works, take a look at the get spender allowance of an ERC20 token documentation!

Abstract: Learn how to Get the Steadiness of ERC20 Tokens

In immediately’s article, we launched you to ERC20 token balances. In doing so, we defined what they’re and how one can get the ERC20 token stability of a person with the Moralis Worth API in three steps:

Get an API KeyWrite a ScriptRun the Code

In case you have adopted alongside this far, you now know easy methods to get the ERC20 token stability of any deal with. Now you can use this newly acquired ability to begin constructing your first Web3 undertaking!

If that is your ambition, then it’s best to know that the Token API works like a dream along with our suite of extra crypto APIs. You may, as an illustration, mix the Token API with the Moralis NFT API to combine NFT information into your tasks. In the event you’d prefer to be taught extra about this, take a look at our articles on easy methods to get NFT ERC721 on-chain metadata or easy methods to get all NFT tokens owned by a person deal with.

Additionally, in the event you favored this tutorial, take into account testing extra content material right here on the Web3 weblog. For instance, dive into consideration abstraction, discover the business’s main NFT picture API, or learn to write a wise contract in Solidity!

Lastly, don’t neglect to enroll with Moralis if you wish to entry the business’s main Web3 APIs. Creating an account is free, and as a person of Moralis, you’ll be capable to construct tasks sooner and smarter!

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