Are you looking to make profits when transfering currency? Then an FX API is what you need!
Given its huge size, it’s no wonder that so many investors and businesses turn to the foreign exchange market to hedge against risk, make profits, and get a better understanding of what is happening in other markets around the world. That’s why the global economy is at the heart of the business world today; so it’s important to gain an understanding of how it works.
To do so, an FX can come in handy! Let’s take a look at how you can use a forex API to make profits when you transfer currency.
How can a FX API help you:
- With a forex API, anyone can easily convert one currency into another and access currency rates on demand. Because it is so easy to set up and use; a currency conversion API offers many advantages for individuals who want to transfer money internationally.
- A foreign exchange API, also, helps investors streamline their finances through simplicity and automation; and allows them to focus on other aspects of investing that require more attention.
- Using an FX API makes profits by allowing users to get the best deals when converting between world currencies. Without it, it can be difficult to see which options are the most cost effective. With an API, however, you can quickly and easily see what will help you make the most profit when transferring currency for any reason.
But since there are a lot of them on the Internet; which FX API should you choose? Luckily for you, we have the answer.
You should use Exchangr API
This foreign exchange API is a JSON-based tool that provides useful forex rates, as well as currency conversions. It’s FX system combines information from a number of reliable sources, including world banks. As a consequence, Exchangr is a trustworthy forex API that collects current and historical data on 172 world currencies; this includes cryptocurrencies too!
Anyone who needs to obtain forex rates or convert currencies can use this API. You’re in luck, especially if you are a newbie who doesn’t require a lot of complex features. Exchangr provides a free all-inclusive package. Without spending a cent, you’ll get:
- 250 API request each month
- Historical data
- Frecuent updates
- Coustumer support
- Access to Excahngr’s various endpoint’s
But, if this isn’t enough, you can upgrade to a paid subscription plan. It will provide you with sophisticated API access, features, and benefits. It’s also very affordable, starting at ten bucks a month!
Can I use Exchangr now?
Of course you can! And for free! Only follow these steps to obtain what you are looking for:
To begin, fill out the registration form right here. After that you’ll be given your own API key. You can access Exchangr’s endpoints with this combination of numbers, so keep it close to you! Then you have to decide the currencies you are most interested in to obtain whether conversion or rates. At the end, you will have to execute the API call. To do this, you can visit Exchangr’s Documentation page by clicking here. There you will get information regarding API calls, Exchangr’s structure, procedures, potential complications, and code references.
And that’s all you need to do, the rest is up to Exchangr’s magic. Within seconds it will deliver all the information you seaked. But, this API is not only precise and dependable; it is also safe! Your connection with Exchangr’s endpoints will be encrypted with 256-bit SSL. This makes it 100% secure on a bank-grade level!
So now you know, making profits with an FX API is possible if you use Exchangr! Start now!
Related post: Currency Strength: 3 Things You Didn’t Know About It
Also published on Medium.