🤖

Creating an Ethereum Sniping Bot

Oct 18, 2024

Ethereum Sniping Bot Tutorial

Introduction

  • Speaker: Jacob, Web3 Developer
  • Purpose: Demonstrate how to create and operate an Ethereum sniping bot using AI-powered ChatGPT.
  • The bot generates passive income daily.
    • Monitors the blockchain for new tokens and significant price changes.
    • Acts quickly to buy/sell tokens for profit.

Bot Functionality

  • Detects tokens immediately after listing or sudden price changes.
  • Uses sophisticated algorithms for trading.
  • No coding knowledge required to operate the bot.

Setting Up the Bot

  1. Writing the Smart Contract

    • Use ChatGPT to generate the smart contract code.
    • Code will be placed in the bot.sol file.
  2. Using Remix

    • Remix is a Web3 application for developing smart contracts in Solidity.
    • Install MetaMask and connect to the Ethereum mainnet.
    • Create a new contract named bot.sol and paste the code.
    • Check lines 13 and 14 for wrapped ether token addresses.
  3. Compiling the Smart Contract

    • Compile using Solidity version 0.6.6.
    • Enable optimization and click "Compile bot."
  4. Deploying the Contract

    • Go to 'Deploy and Run Transactions' in Remix.
    • Select 'Injected Provider' and confirm the contract, paying gas fees.
    • Set gas fee to high for faster transactions.
    • Wait for transaction confirmation.
  5. Interacting with the Deployed Contract

    • Check the contract's address on Etherscan to confirm deployment.
    • Fund the contract with Ethereum for trading.
    • More Ethereum means larger trades and potentially higher profits.
    • Click the "Start" button to enable the bot.

Monitoring Profit

  • After running the bot for 3 hours, earned 0.6 Ethereum (30% profit).
  • Continue monitoring the bot's balance and performance.
  • Withdraw profits once desired results are achieved.
    • Click "Withdraw" to transfer profits to your wallet.

Conclusion

  • Results after 24 hours: over 2.8 Ethereum profit.
  • Performance may vary based on Ethereum network load.
  • Video is for attracting an audience; will be deleted soon.
  • Call-to-action: like, subscribe, and contact on Telegram for more Web3 money-making tips.