Did you know you can use a foreign exchange API to help make your business stand out from the crowd? We’ll tell you all about it!
Believe it or not, e-commerce is a relatively new game in many parts of the world. There are millions of businesses with no experience selling online that would gladly adopt e-commerce if they just had the right tools and resources. For example, by providing foreign exchange data on your website, you can make it more relevant and useful to your foreign audience. That’s because, users coming from any country will be able to see the prices in their local currency; which is a great advantage to make them stay on your page and take actions. So, it’s a fact that adding a tool like this one to your website can significantly increase traffic.
Furthermore, the forex market is considered to be the largest financial market in the world. It handles a daily average of about $4 trillion in transactions globally. The participants in this market range from large banks and financial institutions to individual traders who speculate on which currencies will increase or decrease in value. As a business owner you need access to reliable exchange rates for your day-to-day activities. And, with a foreign exchange API at hand, you can! Keep reading because we have the best recommendation for you.
Exchangr: a foreign exchange API that will help your business
Exchangr is an accurate currency exchange rate and conversion API that uses JSON data to deliver real-time rates. Therefore, this API provides the fastest way to integrate real-time currency exchange rates into your own application. Besides, it also has real-time updates in 164 currencies + 8 cryptocurrencies; making it suitable for any application that needs to offer users information on international currencies.
For its use, Exchangr offers you an extensive API documentation, packed with simple instructions and code examples that enable quick implementation at any level! On another note, it’s also budget-friendly. First of all, if your needs are simple, this API provides you with a free plan. And if you are looking for advanced API access, the Subscriptions Plans start at startup-friendly $10 per month.
So don’t wait anymore and start now. Click here to sign up!
If you liked this post, try reading: 5 Things To Know About Currency APIs
Also published on Medium.