If you are looking for an API that provides you hourly iridium rates you must read this article.
Iridium is one of the rarest metals on the planet. It’s the most corrosion-resistant metal element, resistant to oxygen, water, salts, and acids, and it’s nearly as dense as osmium, the densest metal on the planet.
The price of this metal is extremely high because it is used in all spin electrical devices, from read/write heads that transmit data to and from your computer’s hard disk to emerging magnetic random access memory, or MRAM, which is a higher-performance, energy-efficient alternative to conventional RAM and DRAM.
Iridium is in high demand all across the world, as we can see. As a result, whether you want to invest in this metal or see if the price of iridium has an impact on your business, the most straightforward way to determine when the best time to buy is to look at pricing data hour by hour. You should utilize an application programming interface to get this information (API).
What is an API?
It’s a user interface that gathers information from a location and sends it to the person who requested it. It’s that easy, and you’ll find yourself employing it in a variety of situations.
If you want to participate in this market, you should use Metals-API, which is the most reputable API and receives data every minute from over 15 credible data sources. Banks and financial data suppliers are among them. As a result, you’ll receive a very precise quote.
Why Metals-API?
Metals-API is visited by thousands of developers, small enterprises, and huge corporations every day. They can use this tool to get current global market values for any metal fast and conveniently. Over 500 companies throughout the world use this API, including Barrick Gold, Chainlink, and Glencore.
Due to its trustworthy data sources, Metals-API is the most dependable source for real-time precious metals rates, as this application collects data from around 15 reliable data sources each minute, such as banks and financial companies. You can use the data to construct real-time apps and software in a variety of computer languages, including JSON, Python, and PHP.
How does it work?
1- www.metals-API.com is where you can get your API key.
2- In the website’s list, look for the Iridium symbol and currency sign you wish to use.
3- Using these symbols, add metal and money to the list, then make the API call.
4- You can use JSON, Python, or PHP as a programming language.
Also published on Medium.