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Setting Up an Ethereum Sniping Bot

Apr 13, 2025

Ethereum Sniping Bot Setup

Introduction

  • Speaker: Todd
  • Purpose: To explain setting up an Ethereum sniping bot using AI tools like ChatGPT.
  • Goal: Help people access tools for generating online income.

Overview of the Sniping Bot

  • The bot monitors the blockchain for new tokens and price changes.
  • It buys/sells tokens quickly to take advantage of profitable opportunities.
  • Strengths: Smart algorithms that detect new listings and price movements.
  • No coding skills required; the setup process is user-friendly.

Step-by-Step Setup Process

1. Write Smart Contract Code

  • Use ChatGPT to generate the smart contract code for sniping opportunities.
  • Focus on using the correct Solidity version, 0.6.6, to avoid errors.

2. Use Remix for Development

  • Remix: A web3 application for developing and deploying smart contracts.
  • Make sure you have the MetaMask browser extension installed and connected to the Ethereum mainnet.
  • Create a new contract in Remix and name it bot.solve.
  • Copy the generated code into the contract file.

3. Key Code Details

  • Review lines 13 and 14 for wrapped Ether token addresses (to compete against).
  • You do not need to own wrapped Ether.

4. Compile the Contract

  • Compile the contract in Remix, ensuring optimization is enabled.
  • Click the compile button and wait for the process to complete.

5. Deploy the Contract

  • Go to the Deploy and Run Transactions tab.
  • Select Injected Provider as the environment.
  • Confirm the contract deployment and pay gas fees; set gas fees to high for faster processing.
  • Wait for transaction confirmation.

6. Start the Bot

  • After deployment, copy the contract address and check on EtherScan.
  • Fund the contract with Ethereum for trading purposes.
  • Click the start button to activate the bot.

7. Monitor Performance

  • Check the bot's balance and performance after a few hours.
  • Example: After 3 hours, the bot generated about 2.6 Ethereum (30% profit).
  • Keep track of transactions and profits.

8. Withdrawal Process

  • Click the withdraw button to transfer funds from the bot's balance back to your wallet.
  • Confirm the transaction and wait for completion.

Conclusion

  • Results after running the bot for a day: over 2.8 Ethereum profit.
  • Potential earnings may vary based on network load.
  • Reminder to like and subscribe for more content.
  • Message on Telegram for further learning about making money with Web 3 tools.

Full transcript