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The-Compiler avatar The-Compiler commented on August 23, 2024 3

If you open an account for the new exchangerate.host, note that you will get spam to the email address you give them. And I don't just mean the 3 onboarding mails ("50% off"), but also:

  • Spam from APILayer itself ("What’s the Difference Between IP Geolocation and GPS-Based Location Services", "Sticky vs. Rotating Sessions Proxy: What Is the Best for Web Scraping")
  • Spam from third parties (!). To an email address I exclusively used for the new exchangerate.host page, I got an invitation for the Swiss Delphi Programmers Meetup (!?!), sent from Embarcadero Technologies, which just happens to have their address at the same place as Idera Inc. / APILayer.

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rusq avatar rusq commented on August 23, 2024 1

For those searching for alternatives: https://github.com/fawazahmed0/currency-api

  • you will still have to rewrite your intergration.

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emanuellopess avatar emanuellopess commented on August 23, 2024 1

For anyone needing a API with a standard response I recommend this one. Below is a example of return:

URL: GET https://v6.exchangerate-api.com/v6/YOUR-API-KEY/latest/USD

{
	"result": "success",
	"documentation": "https://www.exchangerate-api.com/docs",
	"terms_of_use": "https://www.exchangerate-api.com/terms",
	"time_last_update_unix": 1585267200,
	"time_last_update_utc": "Fri, 27 Mar 2020 00:00:00 +0000",
	"time_next_update_unix": 1585353700,
	"time_next_update_utc": "Sat, 28 Mar 2020 00:00:00 +0000",
	"base_code": "USD",
	"conversion_rates": {
		"USD": 1,
		"AUD": 1.4817,
		"BGN": 1.7741,
		"CAD": 1.3168,
		"CHF": 0.9774,
		"CNY": 6.9454,
		"EGP": 15.7361,
		"EUR": 0.9013,
		"GBP": 0.7679,
		"...": 7.8536,
		"...": 1.3127,
		"...": 7.4722, etc. etc.
	}
}

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CheckSanity avatar CheckSanity commented on August 23, 2024 1

I am currently working on similar to the exchagerate.host API. The data taken from different free sources and central banks and provided as it is. All API completely free and without request limits, at least for now..
The project in the active development, so would appreciate for testing and giving feedback.
Thanks!

Official website
Repository

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Powerstone-gh avatar Powerstone-gh commented on August 23, 2024

Thanks for the update, it's true!

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Rory-Reid avatar Rory-Reid commented on August 23, 2024

Thanks for that info, have added it to the key takeaways

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sal0max avatar sal0max commented on August 23, 2024

I am currently working on similar to the exchagerate.host API. The data taken from different free sources and central banks and provided as it is. All API completely free and without request limits, at least for now.. The project in the active development, so would appreciate for testing and giving feedback. Thanks!

What do you mean by "at least for now.."?

It is be total understandable if you need to make money with the API in the long term. But this issue is the best example why you should communicate your plans straight ahead. It's not a good move, to bait people with a free API, only to pull the trigger at some point.

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CheckSanity avatar CheckSanity commented on August 23, 2024

I am currently working on similar to the exchagerate.host API. The data taken from different free sources and central banks and provided as it is. All API completely free and without request limits, at least for now.. The project in the active development, so would appreciate for testing and giving feedback. Thanks!

What do you mean by "at least for now.."?

It is be total understandable if you need to make money with the API in the long term. But this issue is the best example why you should communicate your plans straight ahead. It's not a good move, to bait people with a free API, only to pull the trigger at some point.

I totally agree, this will be a rat move.

The problem here is that I really don't have any plans. I am a single developer working and hosting this API and its infrastructure. The more people use the API, the greater the load will be and at some point I will not be able to support the project for free.

Right now, I don't have any plans to add monetization for the API and hope that monetization from the mobile app will cover all the stuff.

In any case, I will always inform about the future of the project via GIthub/website.
As far as this is a free service, anything can happen at any time and no one can give any guarantees

Thanks for the question and I hope I was able to answer it

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