How to send a token using web3.js?

// Import the web3.js library
const { Web3 } = require('web3');

// Connect to an Ethereum node
const web3 = new Web3('https://mainnet.infura.io/v3/YOUR_INFURA_PROJECT_ID');

// Sender's account private key
const senderPrivateKey = 'YOUR_SENDER_PRIVATE_KEY';

// Token contract address and ABI
const tokenAddress = '0xYourTokenContractAddress'; // Replace with your token smart contract address
const tokenABI = [...]; // Replace with your token smart contract ABI

// Receiver's address
const receiverAddress = '0xReceiverAddress'; // Replace with the receiver's address

// Create a token contract instance
const tokenContract = new web3.eth.Contract(tokenABI, tokenAddress);

// Create an account with the private key
const senderAccount = web3.eth.accounts.privateKeyToAccount(senderPrivateKey);

// Build transaction parameters
const transferAmount = web3.utils.toWei('10', 'ether'); // Replace with the amount of tokens you want to send
const gasPrice = '1000000000'; // Replace with an appropriate gas price
const gasLimit = '50000'; // Replace with an appropriate gas limit

const txParams = {
from: senderAccount.address,
to: tokenAddress,
gas: gasLimit,
gasPrice: gasPrice,
data: tokenContract.methods.transfer(receiverAddress, transferAmount).encodeABI(),
nonce: null, // Replace with an appropriate nonce value
};

// Sign the transaction
web3.eth.accounts.signTransaction(txParams, senderPrivateKey)
.then((signedTx) => {
// Send the signed transaction
return web3.eth.sendSignedTransaction(signedTx.rawTransaction);
})
.then((receipt) => {
console.log(Transaction Hash: ${receipt.transactionHash});
console.log(Transaction successful!);
})
.catch((error) => {
console.error(Error sending tokens: ${error});
});