Are you looking for an API that provides you Rhenium rates in JSON? In this article, you will find all the information you need to know.
Rhenium is a silvery-gray, heavy, third-row transition metal. It’s utilized in x-ray equipment and oven filaments. It’s also utilized as an electrical contact material since it’s wear-resistant and arc-resistant.
This metal is costly due to its limited supply compared to demand, with prices hitting an all-time high of US$10,600 per kilogram in 2008/2009. As of July 2018, the price of rhenium had reduced to US$2,844 per kilogram due to increased rhenium recycling and a decline in demand for rhenium in catalysts.
For these reasons, getting rhenium rates may be crucial to the growth of your business. An API, which is a user interface that displays data collected from a certain location, may be used to obtain this information. This gives you a lot of information in a short amount of time.
The JSON format is used by the vast majority of APIs. JSON (JavaScript Object Notation) is a text-based structured data format that uses orderly lists and key-value pairs. It has no schema. Despite being based on JavaScript, it is supported by the majority of major programming languages, either directly or through libraries.
Why JSON?
Online servers, browsers, and mobile apps all employ JSON as a data transport standard. It’s simple to read and comprehend, as well as to adapt your programming language, thanks to its design and versatility. The format can be more flexible due to the lack of a fixed framework.
How To Get An API
As a result, you’ll most likely desire a JSON API. There are a couple of applications that do this, and they may be quite useful. But, not all of them work in the same way, you should research before committing and perhaps squandering money.
Metals-API is a fantastic API that can provide you with prices for many metals in many currencies with two decimal point precision. It works with many computer languages and may be utilized in JSON.
To obtain it, follow the procedures below:
- Your API key may be generated at www.metals-API.com.
- Look up rhenium (RHENIUM) and the currency you’d want to use.
- Before performing the API call, use these symbols to include metal and currency in the list. You may also pick from many other programming languages.
- Now all you have to do is hit the “run” button, and you’re done! The API will be displayed on your screen.
The API will look like this:
{
"success": true,
"timestamp": 1519296206,
"base": "RHENIUM",
"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 is one of the most reliable and accurate API on the market. It collects information from 15 reliable sources per minute. These entities include, for example, banks and financial data companies. You’ll get an accurate estimate as a result.
It accepts over 170 different currencies, commodities, and currencies. The API in JSON reduces the requirement for each piece of software to write its specialized code to communicate with servers that utilize a certain format.