Are you trying to find a strategy to receive live LME lead prices? Then make use of an API!
Lead is one of the most important metals on the planet. This metal is used in the batteries and shields that surround particle accelerators. Lead is a good metal for producing bullets because of its physical properties.
In the future, demand for this metal is likely to rise. According to a study, the amount of lead in the environment will increase by 5.5 percent to 12.39 million tonnes. As a result, stay current with the market and don’t miss out on the opportunity to profit by determining which option is best for you.
The finest technology for staying up to date on metal pricing is an Application Programming Interface (API). You can get data from a variety of sources using this API, including the London Metal Market (LME), the world’s largest exchange for industrial metals.
What is an API?
APIs are a set of rules that define how computers, apps, and machines interact. The API acts as a middleman between any two computers that need to communicate in order to complete a task.
An API serves as a conduit between you and the service provider, allowing you to submit and receive requests. APIs have become an important part of the Internet. Even if it’s a personal software, you’ll almost probably need one to run it or take advantage of some of its features.
Finding a software, application, or website that gives data in real-time is tough nowadays. As a result, we recommend using Metals-API to retrieve LME Lead real-time pricing as the most thorough option.
Why Metals-API?
The most complete tool for investors, traders, and anyone else interested in buying, selling, or trading metals since it allows you to find current global market prices for any metal fast and conveniently (including lead and gold). Besides, Metals-API gets data from over 15 reliable data sources per minute. Among them are banks and financial data providers. As a result, your cost will be quite precise.
Metals-API has a dedicated search-engine for discovering up-to-date price data feeds on certain elements or combinations of elements. The API, which is available in JSON and PHP, can be used for a variety of programming tasks.
How does it work?
Follow these steps to obtain live rates:
- Get your API key from www.metals-API.com.
- In the website’s list, look for the lead symbol and currency sign you want to use.
- Use these symbols to add metal and money to the list, then make the API call.
- You can also choose between JSON and PHP as a programming language.
Also published on Medium.