Are you trying to figure out how much iridium costs in real-time? As a result, you should take the time to read this post.
Iridium is one of the world’s rarest metals. It’s the most corrosion-resistant metal element, with resistance to oxygen, water, salts, and acids, and it’s almost as dense as osmium, the world’s densest metal.
Because it is used in all spin electrical devices, including read/write heads that transmit data to and from your computer’s hard disk and emerging magnetic random access memory, or MRAM, which is a higher-performance, energy-efficient alternative to conventional RAM and DRAM, the price of this metal is extremely high.
For this and many other reasons, it’s critical to keep up with the latest news about this metal-pricing, but finding a website that provides both historical and real-time rates could be challenging.
In this scenario, the best tool for acquiring real-time information about this sort of metal is an API, which is an interface for getting data from a place and passing it to the person who requested it.
What is an API?
It’s a user interface that collects data from a location and transmits it to the one who requested it. It’s really that simple, and you’ll find yourself using it in a lot of different scenarios.
If you wish to trade in this market, you should utilize Metals-API, which is the most renowned API that receives data from over 15 reliable data sources every minute. Among them are banks and financial data providers. As a result, you’ll get a quote that’s quite specific.
Why Metals-API?
Because it allows you to quickly and easily identify current global market prices for any metal, it is the most comprehensive tool for investors, traders, and anyone else interested in buying, selling, or trading metals. Furthermore, Metals-API receives data from roughly 15 reliable data sources per minute. Among them are banks and financial data providers. As a result, you’ll get a very exact price.
Metals-API comes with a dedicated search-engine for locating current pricing data streams for certain components or combinations of elements. The API is available in JSON and PHP and can be utilized for a variety of programming tasks.
How to use it?
1- Your API key can be obtained at www.metals-API.com.
2- Look for the Iridium symbol and currency sign you want to use in the website’s list.
3- Add metal and money to the list with these symbols, then make the API call.
4- As a programming language, you can utilize JSON, Python, or PHP.
Also published on Medium.