Are you trying to find a strategy to receive LME lead prices in euros? Then make use of an API!
One of the most vital metals on the earth is lead. The batteries and shields that surround particle accelerators are made of this metal. Because of its physical qualities, lead is a useful metal for making bullets.
Demand for this metal is expected to increase in the future. According to a study, lead levels in the environment will rise by 5.5 percent to 12.39 million tonnes. As a result, keep up with the market and don’t miss out on the chance to profit by figuring out which alternative is ideal for you.
In this sense, an Application Programming Interface (API) is the best technology for staying up to speed on metal pricing (API). The London Metal Market (LME), the world’s largest exchange for industrial metals, is one of the sources of data available through this API.
What is an API?
APIs are a collection of rules that govern how computers, apps, and devices communicate with one another. The API functions as a go-between for any two machines that need to communicate to perform a task.
You can submit and receive requests through an API, which acts as a conduit between you and the service provider. APIs have become a crucial component of the Internet. Even if it’s personal software, you’ll almost certainly require one in order to operate it or use some of its functions.
Nowadays, finding software, applications, or websites that provide data on this metal is difficult. As a result, the most thorough approach is to use Metals-API to retrieve LME Lead prices in euro.
Why Metals-API?
The most comprehensive tool for investors, traders, and anyone else interested in buying, selling, or trading metals since it allows you to quickly and easily uncover current global market prices for any metal (including lead and gold). Furthermore, Metals-API receives data every minute from around 15 credible data sources. Banks and financial data suppliers are among them. As a result, your price will be quite accurate.
Metals-API includes a specialized search engine for finding current pricing data streams for certain elements or combinations of elements. The API may be used for a range of programming activities and is accessible in JSON and PHP.
How to use it?
To get LME Lead rates in euros, follow these steps:
1- www.metals-API.com is where you can get your API key.
2- Look for the lead 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 have the option of using JSON or PHP.
Also published on Medium.