What does a Flash Loan Arbitrage Bot do?

submitted 3 weeks ago by Floralucy to business

Flash loans are the most desired way for cryptocurrency intra-traders to monetize with the stock in the promptly fluctuating crypto markets. It's hardly possible for humans to predict stock values and swap exchanges in crypto-trading.

There comes a Flash loan arbitrage bot to make your job easier, These bots adopt a simple strategy that leverages the price differences between the two DEXs. Thereby, investors can effortlessly purchase a token through these assets at a low price in one DEX and sell those tokens on another DEX when their prices tremendously go into high rise. This makes more investors and entrepreneurs attain a profit through arbitrage trading.