Do you want to start investing in ethanol? Did you know that it is the most ecological fuel option? Read this article and learn how to use an API that will help you do it!
Ethanol is a chemical substance derived from sugar fermentation that may be used as a fuel, either alone or in combination with gasoline in various amounts, and its usage has mostly been expanded to replace the use of petroleum derivatives. Ethanol is generally considered to be better for the environment than gasoline. Cars that run on ethanol generate less CO2 and have the same or lower levels of hydrocarbon and nitrogen oxide emissions.
One of the largest producers of Biofuel in the world is Russia. This country is the largest exporter of many products for the European Union, but, due to the current invasion that Russia is carrying out on Ukraine, fuel production could be interrupted as an economic sanction measure by the rest of the world.
Therefore, many experts are looking for a solution to this conflict. First, looking for fuel alternatives before winter arrives on the European continent, and then, an economic alternative in which to invest. To this end, the option of ethanol began to be used as the cleanest and cheapest fuel on the market. This fuel produces less combustion than the rest.
In turn, the introduction of cryptocurrencies in the economy is becoming stronger. So much so that the vast majority of companies have the option of investing in one of them, such as Bitcoin, Binance or Ethereum. But these digital currencies, although free and of decentralized use, are very volatile currencies that vary constantly. Therefore, we recommend the use of Commodities-API.
What Is Commodities?
Commodities-API is a free and open website that uses an API to get real-time data on up to 170 different items like sugar, coffee, wheat, crude oil or ethanol on the market in various currencies.
It´s also super easy to use. Just follow the instructions:
- Log into their website.
- Create an API-key
- Select the currency and commodity (ETHANOL) of your desire.
It Is Safe?
To protect your connection, the Commodities-API website employs bank-grade 256-bit SSL encryption. Commodities-API is used by thousands of developers, small family businesses, and huge corporations on a daily basis. Because of its dependable data sources and years of expertise, this API is the most secure site for commodity pricing.
Is It Accurate?
The Commodities-API allows you to access data in whatever currency you choose, with an accuracy of 2 decimal points and over 170 distinct choices. You can also get 60-second data updates and conduct 100.000 API requests every month.
Where Does The Information Come From?
Commodities-API gets its data from fifteen highly reputable sources that submit data every minute, such as banks and financial markets.
For more details, check their website.