Today, millions of people around the world make instant exchange transactions for many reasons. With the digitalization of the era and the development of technology, people started to use foreign exchange trading applications. The applications support many more currencies than the currencies available in a traditional exchange office, allowing transactions to be made. One way to get the needed…
The number of investment instruments and investment types is increasing day by day. When evaluated from the perspective of investment, the most preferred method by most people from past to present is foreign exchange trading. People and businesses don’t just buy and…
The development of technology and the transition of the age to the digital age have increased the number of multinational countries. New job opportunities, new structures have begun to bring people together. As a result of this, it indirectly increased the conversion between…
CoinLayer is one of the market-leading real-time crypto exchange rates delivered with REST API. CoinLayer covers 25 exchanges and more than 385 coins with accurate data sources.
The Crypto data is gathered from some of the largest cryptocurrency exchanges. Thanks to a graceful fallback algorithm, availability, consistency, and reliability of crypto data returned by the coin layer API are at…
Currencies play an important role in international finance. They are used as the medium of exchange for different transactions. Therefore, people need to convert one currency to another currency. For example, an eCommerce website will need to publish its prices in different…
Currency is an integral part of all business operations. In order to make informed trade decisions, business owners operating in the international market need to be aware of rapidly changing currency rates. This is where an exchange rate API comes into play. Building a…
APIs have grown in popularity in recent years. This makes sense because they enable easy data flows and communication across different apps. They also improve user experience. In addition, APIs relieve developers from performing repetitive tasks and increase overall productivity by focusing their efforts where they are most needed. Finally, they employ automation to help companies provide value…
Target currencies are crucial in the realm of international trade, investments, and financial planning. They represent the specific currencies that individuals or businesses aspire to convert their base currency into, thereby facilitating various financial activities. The…
What Is Real-Time Exchange?
Products and services are increasingly being accessed and purchased via the Internet. Living in a global village, if we have an online store, many of our customers would most likely be from different countries and want to use a foreign…
What Are Currency Quotes?
In foreign exchange terms, a pair of currencies are quoted against each other. The base is the first listed currency in a currency pair, whereas the quote is the second listed currency, the benchmark.
Currency pairs are intended to be compared to determine how much of the quote currency we need to purchase one unit of the base currency. Therefore, a three-letter…
