⌛️ 8-Step Guide To Set Up Your Bot In 20 Minutes - In The Video Description | March 2025

3 min read 16 hours ago
Published on Mar 05, 2025 This response is partially generated with the help of AI. It may contain inaccuracies.

Table of Contents

Introduction

In this tutorial, you will learn how to set up your own trading bot using Ethereum smart contracts in just 20 minutes. This guide walks you through each step, from selecting a crypto wallet to deploying and managing your bot. Whether you're an experienced developer or a beginner, this tutorial aims to simplify the process of creating your trading bot.

Step 1: Choose a Crypto Wallet

To interact with Ethereum blockchain, you need a crypto wallet. Here are some popular options:

Note: If you use Trust Wallet or Coinbase Wallet, follow the same steps as for MetaMask.

Step 2: Open Remix for Smart Contract Deployment

Access the Remix IDE, which is essential for writing and deploying smart contracts:

Step 3: Create a New Smart Contract File

You will need to create a new file for your smart contract:

  1. Click on the file explorer icon.
  2. Create a new file and name it, for example, bot.sol.
  3. Ensure the file name ends with .sol, which indicates it is a Solidity file.

Step 4: Paste the Trading Bot Code in Remix

Next, you need to insert the trading bot code:

Note: If the code does not appear colored, refresh Remix and reinsert the code.

Step 5: Compile the Smart Contract

Before deploying your contract, compile it:

  1. Navigate to the Solidity compiler tab in Remix.
  2. Select Solidity version 0.6.6.
  3. Click on the compile button to compile your smart contract.

Step 6: Deploy the Contract to the Blockchain

Now it's time to deploy your contract:

  1. Go to the 'Deploy & Run Transactions' tab.
  2. Select Injected Provider as the environment.
  3. Click on the Deploy button.

Note: Ensure you select the correct contract name (e.g., UniswapSlippageBot - bot.sol) before deployment. Approve the contract creation fee in MetaMask when prompted.

Step 7: Fund Your Bot

To enable your bot to operate, you need to fund it:

  1. Check your Contract Address on Etherscan: Visit Etherscan.
  2. Deposit at least 0.5 to 2 ETH (or more based on your strategy) into your contract.

Note: Avoid running the bot with very low amounts (e.g., 0.01 ETH) due to gas fees that may make it unprofitable.

Step 8: Start Using Your Own AI Bot

Once your transaction is confirmed, you can start your bot:

  • Click the Start button to run the bot.
  • To stop the bot and withdraw funds, click the Withdraw button.

Let the AI work for you!

Conclusion

You now have a functioning trading bot set up on the Ethereum blockchain. Remember to monitor your bot's performance and adjust your funding based on your trading strategy. For more tutorials on Web3 and Solidity, consider subscribing to the channel and sharing your results in the comments. Happy trading!