I have used flash loan bots available in the market and had some problems with it. After that. I have heard about beleaf flash loan arbitrage bot found on google and bought it . It took some time to see the visible profit. It worked well and now. I am using it automated my trading activities. If anyone know about this kind of bot please reply here.
I’ve heard of arbitrage bots. I’m not familiar with flash loan arb bots though. How do they work?
Flash Loan bot exploit price discrepancies between different exchanges or protocols in the DeFi ecosystem. It actually uses flash loans to execute multiple trades in different exchanges.
Very interesting. Sounds like an arbitrage bot, but what does the flash loan have to do with anything? Are you putting up collateral of stake funds or something similar to get additional capital to trade with?
Flash loan bot will borrow loans and trade using the borrowed amount takes profit and close the loan.
What happens if the market moves against you?