Would you like to find reliable Forex data? On the internet, there are many sources but not all are reliable. But if you use this forex rates API, all the information you receive will be trustworthy! To know more information, in this post we hope to solve your doubts!
The foreign exchange market, also known as Forex (Foreign Exchange) is a global and decentralized market where currencies are traded. Each of these currencies has a conversion rate, called the exchange rate. However, it is not easy, especially for those who want to learn Forex trading quickly and have unrealistic expectations. It is very important to know that Forex trading is not a quick way to get rich. However, it consists of exciting activities, in which with perseverance, training and practice you will be able to achieve your goals.
The Forex is one of the most liquid markets, where the daily volume of transactions is 5 trillion dollars a day. It is mainly used to facilitate operations and investments between countries. The Forex market is open 24 hours a day except for weekends, opening in Sydney on Monday mornings and closing in New York on Friday afternoons. One of the greatest achievements of the digital age is the virtualization of money. If printed money made it possible to transfer credit between people through a simple note, information technology or the Internet made this process as simple as pressing a button or touching a screen.
All of this helped make forex trading more and more popular and used. But Forex trading would not be the same without the digital tools available on the internet. APIs are the most chosen by thousands of investors to find out reliable prices. We think Get Exchangr is the most reliable API for you to find out prices.
Use Get Exchangr to obtain reliable Forex rates
Get Exchangr has a simple and straightforward task, to provide you with accurate and reliable prices on Forex trading. On the internet, it is possible to find many sources but none is as reliable as this platform. What Get Exchangr does is collect information from banks and financial centers, which ensures that the information is 100% reliable. Also, thanks to these sources, you will be able to see the prices of 172 world currencies! 172 is a very large number. You will not only see the prices of currencies such as the US Dollar or Euro but also currencies from the rest of the countries of the world, India, China, Indonesia, Bangladesh, Canada, Australia, etc.
Another detail that you should know is that Get Exchangr delivers the prices in JSON format. This programming language is one of the simplest and easiest to use, as well as allowing easy integration and compatibility with any application. Thus, you could integrate this API into your finance website!
On the other hand, many people prefer to use this API for their online sales platform. There are companies that sell products to other countries and therefore must offer prices in foreign currency. Therefore, Get Exchangr fulfills a vital role for the business, since it will automatically convert the prices to that foreign currency, taking into account the current price of the day. For more information, within the Get Exchangr website, you will find more information about this Forex Rates API.
Also published on Medium.