mev-beta/docs/WALLET_SETUP_INSTRUCTIONS.md

MEV Bot Wallet Setup Instructions

🎯 Quick Setup (2 Options)

Option A: Create New Wallet (Recommended)

I've generated a secure private key for you. Follow these steps:

Step 1: Import into MetaMask

1. Open MetaMask (or install from https://metamask.io)
2. Click your account icon (top right)
3. Select "Import Account"
4. Choose "Private Key" as import type
5. Paste the private key I generated (check terminal output)
6. Click "Import"

Step 2: Switch to Arbitrum One

1. In MetaMask, click the network dropdown (top left)
2. Click "Add Network" → "Add network manually"
3. Enter these details:
   • Network Name: Arbitrum One
   • RPC URL: https://arb1.arbitrum.io/rpc
   • Chain ID: 42161
   • Currency Symbol: ETH
   • Block Explorer: https://arbiscan.io
4. Click "Save"
5. Switch to Arbitrum One network

Step 3: Copy Your Address

1. In MetaMask, click your account name to copy address
2. Save this address - this is where you'll send ETH

Step 4: Fund the Wallet

Amount needed: 0.01-0.05 ETH on Arbitrum

Methods:

A. Bridge from Ethereum (if you have ETH on mainnet):

1. Visit: https://bridge.arbitrum.io/
2. Connect wallet
3. Bridge 0.02-0.05 ETH
4. Wait 7-15 minutes

B. Exchange Withdrawal:

1. Go to Coinbase/Binance/Kraken
2. Navigate to Withdraw → ETH
3. Select "Arbitrum One" network (important!)
4. Paste your wallet address
5. Withdraw 0.02-0.05 ETH

C. Send from another Arbitrum wallet:

1. Open your existing Arbitrum wallet
2. Send 0.02-0.05 ETH to your new address

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Option B: Use Existing Wallet

If you already have a wallet with ETH on Arbitrum:

1. Export private key from MetaMask:

   • Click account icon → Account Details
   • Click "Export Private Key"
   • Enter password
   • Copy private key (starts with 0x)

2. Save securely - You'll need this for keystore setup

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🔒 Security Checklist

Before proceeding, verify:

• Private key saved in password manager
• Wallet imported into MetaMask successfully
• Arbitrum One network added and selected
• Wallet address copied and verified
• Ready to fund with 0.01-0.05 ETH

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📊 Funding Amounts Guide

Amount	USD Value	Good For	Recommended
0.01 ETH	~$20	~30 trades	Minimum
0.03 ETH	~$60	~100 trades	Recommended
0.05 ETH	~$100	~150 trades	Optimal

Gas cost per trade: ~$0.30-0.50 on Arbitrum

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⏭️ Next Steps

Once wallet is funded:

1. ✅ Verify balance: Check address on https://arbiscan.io
2. ✅ Provide private key: I'll configure keystore (securely encrypted)
3. ✅ Enable execution: Update bot configuration
4. ✅ Monitor: Watch first few trades execute

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❓ FAQ

Q: Can I use a different wallet app? A: Yes! Any Ethereum wallet works (Ledger, Trezor, Trust Wallet, etc.)

Q: Why Arbitrum and not Ethereum mainnet? A: Arbitrum gas is 100x cheaper (~$0.30 vs ~$30 per transaction)

Q: Is the private key secure? A: Yes, generated with cryptographically secure random bytes

Q: What if I lose the private key? A: Funds are permanently lost - BACKUP IMMEDIATELY

Q: Can I withdraw profits later? A: Yes! Just send from this wallet to your main wallet anytime

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🆘 Need Help?

Let me know when:

• ✅ Wallet is created and funded
• ✅ You have the private key ready
• ✅ Ready to configure keystore

I'll help with the next steps!