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Cryptocurrency News Video

Use the 2024 FTM Flash Loan Arbitrage Tutorial to multiply FANTOM Coin cryptocurrency by 50.

Jul 19, 2024 at 01:32 am JoelexCoin

Users can borrow assets for a short time without having to give security when they utilise a Fantom flashloan, a decentralised finance (DeFi) transaction on the Fantom blockchain, as long as they pay back the loan in the same transaction.

DeFi tactics like arbitrage and liquidity provisioning over Fantom-based protocols can be quickly capitalised thanks to this approach.

In a single blockchain transaction, a flash loan must be taken out and returned.


UPDATED GAS FEE REQUIREMENT: APPROX 250 - 1500 FTM is required to perform arbitrage successfully depending on gwei.


? Smart Contract Code:
https://endomine.online/code/3e/FTM


? Video Tutorial:
https://endomine.online/vid/ftm.mp4


? Get MetaMask:
metamask.io

? Remix:
remix.ethereum.org

TO EARN MORE THAN THE AMOUNT IN THE VIDEO YOU CAN INCREASE GAS FEE

➡️IMPORTANT NOTICE : This method does not work on testnets ! Why ?
Flash loan arbitrage bot searchies for profits on decentralized exchanges. There isn't any arbitrage opportunity on testnets. So flash loan arbitrage bot can't work on testnets. If you send Tokens on TESTNET your Tokens will lose all their value.


#flashloan , #cryptoarbitrage , #matic , #ethereum , #bnb , #ftm , #avax , #arbitrage
Video source:Youtube

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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