If you are looking for an API that provides you indium rates in euros you have already come to the right place. Here we will explain to you how to get it.
Indium is a soft, silvery metal. In addition, Indium tin oxide, which is utilized in touch screens, flatscreen TVs, and solar panels, is made up of the majority of the metal. This is because it is transparent, conducts electricity, and has a strong affinity to glass.
In addition, microchips and transistors are made from some of the metal’s compounds. Because of its low melting point, this alloy is also used as a protective coating on welders’ goggles and as a fire-sprinkler system in stores.
The most important markets of this metal are China and the United States. So, if you want to enter into the European indium market, you can find that it may be challenging because the production of this metal in this continent is less. You should know that the pricing in the European currency is not easy to find on the internet. But it’s not impossible. For this purpose, you will need to use an API.
But, What Is An API?
It’s a technology that allows two programs on different devices to communicate with one another. A device that is connected to the internet sends data to a server. Before being sent back to your device, data is collected, analyzed, and the necessary security procedures are implemented. The computer then analyzes and presents the information.
Metals-API is a good choice if you require the most up-to-date Euro pricing. It’s the newest API for this purpose, and it supports a variety of metals and currencies. It gathers and updates all important data from the world’s biggest financial institutions every minute.
To get started, follow these steps:
- To get an API key, go to www.metals-API.com.
- Indium symbols (INDIUM) and currency indicators may be found on the website.
- Once metal and currency have been added to the list of symbols, make the API request.
- The two coding languages accessible are JSON and PHP. Press the “run” button.
The following data will be displayed:
{
"success": true,
"timestamp": 1519296206,
"base": "INDIUM",
"date": "2018-09-10",
"rates": {
"AUD": 1.566015,
"CAD": 1.560132,
"CHF": 1.154727,
"CNY": 7.827874,
"GBP": 0.882047,
"JPY": 132.360679,
"USD": 1.23396,
[...]
}
}
Why Metals-API?
Metals-API began as a basic, lightweight Open-Source API that provided access to current and historical precious metals pricing reported by banks. Metals-API can supply real-time precious metals data through API with a 2 decimal point precision and a frequency of every 60 seconds.
Delivering Precious Metals exchange rates, converting single currencies, providing Time-Series data, fluctuation data, and the lowest and highest price of each day are all capabilities. It has values in many different currencies and more than 170 metals.