Are you looking for a way to get real-time cobalt prices? Then you should use an API!
Cobalt is one of the most valuable metals since it is in high demand around the world and is used in a range of industries; as a result, its price in Europe has climbed by 88.7% since the beginning of 2021.
This metal is used in automobile airbags, petroleum and chemical industry catalysts, cemented carbides (also known as hard metals) and diamond tools, corrosion- and wear-resistant alloys, drying agents for paints, varnishes, and inks, dyes and pigments, ground coats for porcelain enamels, and high-speed machining.
It illustrates how cobalt has always been at the forefront of technology. It’s critical to keep up with the latest news, but finding a simple price website that provides both historical and real-time prices is 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. As a result, Metals-API is one of the finest ways to get there.
Why Metals-API?
Metals-API is a fantastic resource for investors, traders, and anybody else interested in buying, selling, or trading metals, as it allows you to quickly and easily get current global market prices for any metal (including cobalt). You will be able to determine the optimal moment to invest in this business with this technology.
Metals-API also includes a specialized search engine for finding current pricing data feeds on specific elements or combinations of elements. The API may be used for a range of programming activities and is accessible in JSON and PHP.
Bitcoin and Litecoin are also accepted, as well as over 170 other currencies, commodities, and cryptocurrencies (including the US dollar). Using the same API endpoints, any quantity can be converted from one currency to another, as well as from one metal to any metal and any currency to any currency.
How to use it?
1. Go to www.metals-API.com and get your API key.
2. Look for the cobalt symbol and currency sign you wish to use in the website’s list. The USD is the chosen currency in this scenario.
3. Add metal and money to the list with these symbols, then make the API call.
4- As a programming language, you can choose between JSON and PHP.
Also published on Medium.