Are you seeking an API to get indium rates? You should read this post.
Indium is a silvery, soft metal. The majority of it is used to create indium tin oxide, which is used in touch displays, flatscreen televisions, and solar panels. This is because it conducts electricity, has a strong connection with glass, and is translucent. It’s also found in transistors and microchips.
In the last time, this metal rose its price abruptly. The value was $1304 in August of 2021, and then, in September, it was $1798. So, if you want to invest in indium, you should have all this in mind to choose the best moment to buy and optimize your investments. But, you need a sophisticated tool to not waste time and money. For this objective, you need an API
What Is An API
A software application for getting information from the internet and delivering it to the person who requested it from another device is known as an Application Programming Interface (API). APIs are used for a variety of purposes all around the world, including by some of the world’s most well-known websites and social media platforms. It may be used for many things, but it’s most useful when you need exact information rapidly.
To utilize one, you’ll need to discover software that can accomplish it. There is a myriad of them on the internet, each of which may provide you with distinct facts. As a result, you must proceed with caution while making judgments to avoid wasting your time.
Metals-API, one of the most well-known and thorough APIs for precious metals pricing, may be used to get indium spot rates. Employing online tools, you can keep count of precious metal spot prices as well as real-time metal prices and quotations from across the globe.
To take advantage of it, you must first do the following:
- Your API key may be generated at www.metals-API.com.
- Look for the relevant money as well as the right metal (INDIUM).
- Before executing the API call, use these symbols to add metal and currency to the list. You may also choose a programming language and a price range.
- After that, all you have to do is hit the “run” button and you’re done! The API will be displayed to you on your device.
The finished output will look like this:
{
"success": true,
"timestamp": 1519296206,
"base": "INDIUM",
"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 a platform that gives real-time data on any precious metal in any currency. The data for the free plan is updated every hour and is accurate to two decimal places. You’ll get 50 API calls each month in this case. You will get more API calls and data per minute if you purchase an annual plan.
Every minute, our program pulls data from over 15 trustworthy sources. Financial data providers and banks are among them. As a result, your price will be incredibly precise. Among the precious metals covered by Metals-API are indium, silver, aluminum, platinum, and palladium.