Would you like to obtain the rates of this important metal for the future? If your answer is yes, we highly recommend reading this article. Here you will find a free API, which you can use for your purposes. This is the best metals API.
Nickel is a chemical element with atomic number 28, atomic mass 58.71 and symbol Ni; It is a metal of the group of transition elements, silvery white, shiny, hard, malleable, ductile, resistant to oxidation and with magnetic properties. In the environment, it is commonly found combined with oxygen and sulfur. In its pure form, the metal can take on a brilliant luster and is resistant to tarnishing. It is currently used in more than 300,000 products for the consumer, industrial, military, transportation, aerospace, marine and for architectural applications.
Most of the nickel is used to make stainless and high-temperature resistant steel. They are then used to make pots and pans, dishwashers, building structures, food processing equipment, and medicinal equipment. On the other hand, it is also used to form alloys or mixtures of metals to make coins, jewelry, armor plates, and parts such as valves and heat exchangers. Nickel compounds are used for nickel plating, to make magnets, to make batteries, to color ceramics, and as substances known as catalysts to increase the rate of chemical reactions.
Unfortunately, the nickel industry is not at its best. The problem is that the supply of nickel decreased considerably, due to the war in Ukraine, since Russia is one of the largest suppliers of nickel in the world. For example, in March the price of nickel on the London Metal Exchange (LME) soared 250% before falling again. For this reason, it is very important to have a tool that serves as an alarm for this type of occasion. And if this tool is free, much better! Luckily, we have what you are looking for! Its name is Metals-API and it is the best precious metals API.
Use Metals-API
This service, as its name explains, is an API (Application Programming Interfaces) and its objective is to allow the exchange of information between two independent software components. It was designed so that investors, traders and anyone else interested in seeing the prices of metals such as gold, silver, or nickel, can do so easily and quickly. With its characteristics, you will be able to choose the right moment to invest in this metal.
Don’t worry what country you’re from, Metals-API works with more than 170 currencies from all over the world.
How much does it cost?
If you made it to the end of the article, you probably think you’ll have to pay to use it. Fortunately, Metals-API is free, that is, you can use it without paying anything at all. But it is also true that there are paid plans, which will offer you greater benefits, such as more “API calls” and 60-second updates. We recommend you enter the website and analyze which is the best option for you.
You can contact customer service via virtual chat, if there is something you don’t understand. Always online from 9 am to 6 pm (GMT+1).
Also published on Medium.