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What is API? Why is it used?

The majority of those who use internet applications do not realize what is happening in the background when they do anything with mobile or desktop applications. Modern applications generally transfer the commands given through the application or website to software running in the background via API (Application Programming Interface) in order to make transactions more secure and faster. The API is used by many applications or services that make our daily work easier.

The API used by the application or website also provides users with the opportunity to make transactions or receive data through the software prepared by the user, without entering the website or mobile application. In addition to news, market data, weather conditions and similar publicly accessible content, the API, which is used for personalized transactions that require a user name and password, offers users the advantage of speed, flexibility and automation. You can perform the operations that you can reach with a few clicks on the interface of the website or mobile application, in a much shorter time with a single command with the API using the application you wrote.

In Internet applications, software running in the background to fulfill users' requests waits for users to send a request or command with an agent. After receiving the request through the API, it processes the data and transmits the output of the result of the query. The API user can format the output from the incoming API as desired in his own programming language. You can write the data coming with the API to your own database in the background, or you can show it on your website or mobile application in the format you want.

For example, when you want to search for a flight ticket, you select from which city or airport you want to land in which city or airport, on which date you want to make this flight, and even your return route and return date, and press the search button. When you do this on an airline company's website, only the options for that airline's flights will appear on your screen. However, when you perform the same search on a website that sells tickets for more than one airline, your search query is connected to more than one airline's system via API, obtaining flight information suitable for your search and listing the flights of more than one airline. In this way, you can reach more options in a shorter time.

The Application Programming Interface (API) also provides additional layers of security. You can verify using the API key without sharing your user name and password, which allows you to control your account, with your software. In this way, data sharing between the platform you are trading is limited and it is possible to access only the data you need.

When you enter a website, you may see menus or advertisement images that you have never used, but when you do the same through the API, you will only get the data you need in plain text.

API usage is very common in the cryptocurrency world. Cryptocurrency trading platforms, mobile wallets and price provider services offer their users the opportunity to transact on various data and platforms with API.

In order to use @Hafizebot, which is integrated with Binance futures, you can create an API on Binance and start your transactions over Telegram with the /applyforapi command. After the transactions, you can autotrade with the element signals sent by @hafizebot, which is produced with artificial intelligence.


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