At the first start you will be asked to enter the confirmation code and password (if two-factor authorization is active).
An example is shown below:
With further launches, this is not required.
An example is shown below:
Telethon (0.15.4.3) - Full-featured Telegram client library for Python 3
INSTALLED: 0.11.5
LATEST: 0.15.4.3
Installation: pip install telethon==0.11.5