So, if you have been looking for an easy way to use an API to get live crypto prices in Excel, keep reading. We’ll show you what an API is, how it can help you get live crypto prices in your spreadsheet and more. Let’s start!
An API for live crypto prices
You may be familiar with APIs that were introduced several years ago. These Application Programming Interfaces are used by developers to create software and applications. If you’re a developer, you may have used one of the different types of APIs, like an API for geolocation data or an API for hotel reservations.
But did you know that there is an API that can retrieve the current rates of hundreds of cryptocurrencies? The advantage of using this type of API is that it retrieves live data, so you always have the most up-to-date information when creating your next crypto project.
How does this type of API work? APIs communicate with other programs and services to retrieve specific information. Then, they send this information back to the program that requested it. This is possible because APIs follow standardized protocols that allow them to communicate with different types of systems and applications.
But before we continue talking about APIs, let’s quickly talk about cryptocurrencies.
Cryptocurrencies are digital assets that are used as currency in transactions. They are created through a process called “mining”, which requires computers to solve math problems in order to verify transactions on a blockchain. The first and most well-known cryptocurrency is Bitcoin; it was created in January 2009 by a person or group known as Satoshi Nakamoto.
Where can I find APIs for live crypto prices?
There are quite a few APIs available online, but not all of them provide live data or are easy to use. Our recommendation is the Current Prices API from Zyla Labs; it offers real-time pricing data for the top 100 cryptocurrencies by market capitalization, as well as bitcoin and Ethereum, which are the most popular and valuable cryptocurrencies on the
This API will retrieve the latest rates for the top 100 cryptocurrencies on the market.
To make use of it, you must first:
1- Go to Crypto Live Prices API and simply click on the button “Subscribe for free” to start using the API.
2- After signing up in Zyla API Hub, you’ll be given your personal API key. Using this one-of-a-kind combination of numbers and letters, you’ll be able to use, connect, and manage APIs!
3- Employ the different API endpoints depending on what you are looking for.
4- Once you meet your needed endpoint, make the API call by pressing the button “run” and see the results on your screen.