Do you know what Ethanol is? Would you be interested in investing in it? Read this post to know how to do it smartly through an API!
Ethanol fuel is ethyl alcohol, the same alcohol found in alcoholic drinks, that is utilized as a source of energy. It is primarily utilized as a biofuel addition for gasoline and as a motor fuel. Fuel combustion generates energy. Ethanol and gasoline are the two most common forms of car fuel. The primary distinction between Ethanol and Gasoline is that Ethanol is made up entirely of ethyl alcohol molecules, whereas Gasoline is made up of a variety of organic molecules.
E85 gas (also known as flex fuel) it´s a high-octane blend of ethanol and gasoline that contains between 51 and 83 percent ethanol by volume. E85 gas may be used in any vehicle that has been recognized by the manufacturer as a flex-fuel vehicle. According to some car expert, the flex-fuel cars can operate on both ethanol-gasoline mixes and normal gasoline. To contribute a grain of sand to the environment, the use of ethanol as fuel helps to generate less combustion for the ozone layer. Ethanol is eight times less polluting than normal fuel.
The countries that produce and export the most Ethanol are India, Brazil, the United States and Canada. Globally, 86 billion liters of Ethanol are produced in the world. In this way, the Ethanol market is increasingly attractive for those seeking a greener fuel or those seeking to invest in a new type of fuel. For this, we recommend Commodities-API
What Is An API?
API stands for Application Programming Interface, and it is through this interface that computer programs communicate with one another. The main purpose is to save time and money for developers by reducing the amount of work they have to do.
What Is Commodities-API Used For?
Basically, Commodities-API is used to search for real, accurate and live data on various currencies and tradable products such as coffee, sugar, oil, among others. It has a precision level of 2 decimal places and a response timeout of 60 seconds. In turn, if you are just starting out, you have the option of analyzing old metrics from previous months or years to have a better performance of your finances.
You may also register, which is really simple! All you have to do is follow these steps:
- Go to the Commodities-API website
- Create an API key
- Choose your commodity (NG) and currency of your desire.
And everything is in working order!
Is It A Secure Site?
Yes, the Commodities-API website protects your connection with bank-grade 256-bit SSL encryption. Commodities-API is used by thousands of developers, small family businesses, and huge corporations on a daily basis. Because of its dependable data sources and more than six years of expertise, this API is the most secure site for commodity rates.
For more information, check their website.