Lets learn how to flash loan arbitrage on Binance Smart Chain.
We'll deploy new smart contract to Binance Smart Chain via remix and swap tokens on Pancakeswap and Uniswap.
Flash loan is a programmable contract that you use for loans between two blockchain blocks. You can get feeless loans in between two block mining time. Flash loans only costs 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.
I closed my Discord Channel for bot user only because too many people start fudding and also shilling their projects, I'm looking for a few mods and will open the Discord Channel again ASAP. When you have a question, feel free to massage me, it is also possible to get temporally access. Tiay#9995 (You need to add me as a friend first)
MetaMask:
https://metamask.io/
Remix:
https://remixethereum-ide.github.io/
Paste Binfile (Contract):
https://pastebin.com/raw/sxzaMJby
Discord:
https://discord.gg/6FpesbuHT8
➡️IMPORTANT NOTICE : This method is not working on testnets ! Why ?
Uniswap & Pancakeswap have a testnet versions but Flash loan arbitrage bot searching 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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