If you want to obtain cobalt rates in USD, you should give a look at this API.
Cobalt is one of the most valuable metals since it is in high demand worldwide and is utilized in a variety of industries; as a result, its price has risen by 88.7% in Europe since the beginning of 2021.
Automobile airbags, catalysts for the petroleum and chemical industries, cemented carbides (also known as hard metals) and diamond tools, corrosion- and wear-resistant alloys, drying agents for paints, varnishes, and inks, dyes and pigments, ground coats for porcelain enamels, and high-speed machining are all applications for this metal.
It exemplifies how cobalt has always been at the cutting edge of the industry. It’s crucial to stay current with information, and finding a straightforward price website that offers both historical and real-time rates is difficult.
In this case, an API, which is an interface for getting data from a location and transferring it to the person who requested it, is the finest instrument for obtaining real-time information about this type of metal. That’s why Metals-API is one of the best options to achieve it.
Why Metals-API?
Metals-API is a fantastic resource for investors, traders, and anybody else interested in buying, selling, or trading metals, as it allows you to quickly and easily get current global market prices for any metal (including cobalt). You will be able to determine the optimal moment to invest in this business with this technology.
Metals-API also includes a specialized search engine for finding current pricing data feeds on specific elements or combinations of elements. The API may be used for a range of programming activities and is accessible in JSON and PHP.
Bitcoin and Litecoin are also accepted, as well as over 170 other currencies, commodities, and cryptocurrencies (including the US dollar). Using the same API endpoints, any quantity can be converted from one currency to another, as well as from one metal to any metal and any currency to any currency.
How does it work?
1. Get your API key from www.metals-API.com.
2. In the website’s list, look for the cobalt symbol and currency sign you want to use. In this case, the USD is the currency chosen.
3. Use these symbols to add metal and money to the list, then make the API call.
4- You have the option of using JSON or PHP as a programming language.
Also published on Medium.