Create your own flash loan arbitrage bot to get the most efficient outcomes in your cryptocurrency
How can traders use flash loan arbitrage bots to benefit from different crypto exchange rates?
Flash loan arbitrage bots are used by traders to swiftly identify and take advantage of price differences across many platforms, allowing them to benefit from changing cryptocurrency exchange prices. In a single transaction, these bots purchase assets at a discount on one exchange, borrow money using flash loans, and sell them at a premium on another. The quick execution reduces risk and increases profit because the loan is paid back immediately.