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How to send a transaction using web3.eth in cryptocurrency?

Christina BaileyJun 05, 2024 · a year ago1 answers

Can you provide a detailed explanation on how to send a transaction using web3.eth in cryptocurrency?

1 answers

  • Pranav KunalJun 26, 2020 · 5 years ago
    Sending a transaction using web3.eth in cryptocurrency is quite simple. Just follow these steps: 1. Connect to the Ethereum network using web3.js library. 2. Create a new transaction object with the necessary details like sender address, recipient address, amount, and gas price. 3. Sign the transaction using the private key of the sender. 4. Send the signed transaction to the Ethereum network using web3.eth.sendSignedTransaction() method. 5. Wait for the transaction to be confirmed by the network. That's it! Your transaction will be processed and added to the blockchain. Make sure to keep your private key secure and double-check the transaction details before sending it.

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