APIFeatured

10 Quick Tips About An Exchange Rate API

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…
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Time Frame – What Is Time Frame?

What Is Time Frame? When practicing trading, you may have heard of the phrase “forex time frames,” but have you ever thought about the optimum time to trade on the foreign exchange?  Trading on the FX can be difficult, but determining the optimal time to trade…
API

Source Currency - What Is Source Currency?

What Is a Source Currency? A source currency or the base or primary currency is the currency denomination exchanged to obtain the currency of some other country or region. For instance, if you have some money saved up in U.S. dollars, $100, and you want to convert it into…
API

Real-Time Exchange API – What Is Real-Time Exchange?

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 currency. If we want to give them a wonderful user experience and boost their chances of buying our goods and returning to the site, we…
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Quotes – What Are Quotes?

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…
API

HTTPS Encryption – What Is HTTPS Encryption?

What Is HTTPS Encryption? Hypertext Transfer Protocol Secure (HTTP) is a protocol that encrypts communication between two computers, such as a browser and a web server. HTTP conveys data in a hypertext style between the server and the browser, while HTTPS transmits data in…
API

Manage Multiple Currencies with Exchange Rate API

API is used to receive and transmit files in a web or a mobile application. It makes the process of interaction between users and systems easier. An API executes the user’s answers to the system and the system’s answers to the user. An exchange rate API is a collection of databases that gathers information about international financial institutions and keeps track of various…
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Currencies - What are Currencies?

What do you mean by currencies? Currencies are a kind of payment that can buy and sell products and services.  It is usually in paper or coins, authorized by a government, and widely accepted as a means of payment at face value.  Currency plays a crucial function in the foreign exchange market and the realm of international finance by acting as a means of exchange in…
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