Reliable precipitation forecasts are vital for the society, as water-related hazards can cause economic losses and loss of lives. Pysteps is an open-source Python library for radar-based precipitation forecasting. It aims to be a well-documented platform for development of new methods as well as an easy-to-use tool for practitioners. The potential of the library is demonstrated by case studies and scientific experiments using radar data from Finland, Switzerland, the United States and Australia.