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About REQ

Request (REQ) is a cryptocurrency launched in 2017. REQ has a current supply of 999.65M with 999.65M in circulation. The last known price of REQ is 0.095586913096 USD and is -0.002293702525 over the last 24 hours. It is currently trading on active market(s) with $1.99M traded over the last 24 hours. More information can be found at https://request.network/.

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REQ Price Statistics
REQ’s Price Today
24h Price Change
-$0.0022937025252.34%
24h Volume
$1.99M53.43%
24h Low / 24h High
$0.08102986 / $0.08294551
Volume / Market Cap
0.020819969261
Market Dominance
0.00%
Market Rank
#381
REQ Market Cap
Market Cap
$95.55M
Fully Diluted Market Cap
$95.55M
REQ Price History
7d Low / 7d High
$0.07956679 / $0.08663497
All-Time High
$1.18Jan 06, 2018
All-Time Low
$0.00465107Mar 13, 2020
REQ Supply
Circulating Supply
999.65M
Total Supply
999.65M
Max Supply
0
Updated Jul 08, 2024 1:12 pm
image
REQ
Request
$0.095586913096
$0.002293702525(-2.34%)
Mkt Cap $95.55M
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Frequently Asked Questions

  • What Is Request (REQ)?

    REQ is listed on Coinbase, Binance, crypto.com, Bancor and many other exchanges. The REQ token powers the Request Network open-source protocol via a few mechanisms: anti-spam; governance; staking; discounts; independency.

    The Request (REQ) utility token, launched in 2017, ensures the performance and stability of the Request Network. The Request Network itself is an Ethereum-based decentralized payment system where anyone can request a payment and receive money through secure means. It removes the requirement for third parties in order to provide a cheaper, more secure payment solution that works with all global currencies.

    When a user creates a request for payment, they define to which address the payment needs to be allocated and what the amount is. The user can also define the terms and conditions of the payment, upgrading a simple request into an invoice. Once this is completed, the user can share their request to be paid by their counterparty.

    Every step is documented and stored on the Request network, allowing everyone involved to easily keep track of all the invoices and payments for accounting purposes.

    Request is also integrated with legislation across the world to remain compliant with the trade laws of each individual country.

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  • Who Are the Founders of Request?

    Request Network is a decentralized protocol. Anyone can contribute to the protocol's development and submit pull requests on Github. The founders of Request are Christophe Lassuyt and Etienne Tatur.

    Christophe Lassuyt is currently the main community manager at Request. He is a Ycombinator Alumni, and has been an entrepreneur in the crypto and web3 industries for +8 years.

    Etienne Tatur is the chief technical officer of Request. Prior to this, he also participated in Ycombinator Winter 2017, and has been creating projects in the web3 industry since 2014.

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  • What Makes Request Unique?

    The payments on Request are performed by simply sending an invoice through the blockchain; the counterparty can then detect the request and pay it with one click in a peer-to-peer manner. The fact that the payments are push-generated instead of pull-generated is one of Request’s key advantages. There is no need for users to share their account information. The use of blockchain technology also eliminates the need for third-party processors, resulting in a reduction in transaction costs.

    Additionally, apps building stuff people want on top of Request Network open-source protocol provide a key benefit to their users. Indeed, users can interact with a suite of financial tools which work with each other. It's the opposite of the capitalistic and siloed web2 industry because here, apps work with each other. For example, a company originates an invoice from an app. A 2nd app receives the payment request, allowing it to be paid. Then the invoice can draw on instant financing on a third DeFi app

    The Request Network leverages decentralized blockchains such as Ethereum and IPFS for an increased level of security, privacy and data ownership for the end-user. The platform does have transaction fees, which is a cost that is required to broadcast a change to the blockchain network. The transaction fees are used to incentivize miners to reach consensus on the state of the network.

    REQ can be stored on wallets such as Metamask, Argent, MyEtherWallet, Ledger, imToken, Trezor, Atomic Wallet, Jaxx Liberty and Trust Wallet.

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  • How Many Request (REQ) Coins Are There in Circulation?

    REQ is an ERC-20 token that can be spent to use the Request Network.

    The REQ tokens’ initial supply was 1,000,000,000. So far, the supply successfully decreased proportionally to the adoption down to 999,877,117.

    The REQ tokens are available to exchange on open markets through mainstream cryptocurrency exchanges. Decentralized alternatives also support REQ, allowing you to seamlessly exchange REQ directly from your own wallet. Always verify that the REQ address is this one: 0x8f8221afbb33998d8584a2b05749ba73c37a938a. On Polygon, its address is 0xb25e20de2f2ebb4cffd4d16a55c7b395e8a94762.

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  • How Is the Request Network Secured?

    REQ is an ERC-20 token based on the Ethereum platform. The requests made with REQ are stored on an immutable digital ledger. This ledger also serves as proof for all auditing purposes.

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  • Where Can You Buy Request (REQ)?

    Request (REQ) can be bought and sold on multiple exchanges, including: Binance, Coinbase, KuCoin and more.

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  • What is the all-time high price of Request (REQ)?

    The all-time high of REQ was 1.18 USD on 2018-01-06, from which the coin is now down 91.89941414440678%. The all-time high price of Request (REQ) is 1.18. The current price of REQ is down 91.89941414440678% from its all-time high.

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  • How much Request (REQ) is there in circulation?

    As of , there is currently 999.65M REQ in circulation. REQ has a maximum supply of 0.

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  • What is the market cap of Request (REQ)?

    The current market cap of REQ is 95.55M. It is calculated by multiplying the current supply of REQ by its real-time market price of 0.095586913096.

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  • What is the all-time low price of Request (REQ)?

    The all-time low of REQ was 0.00465107 , from which the coin is now up 1955.1596319986584%. The all-time low price of Request (REQ) is 0.00465107. The current price of REQ is up 1955.1596319986584% from its all-time low.

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  • Is Request (REQ) a good investment?

    Request (REQ) has a market capitalization of $95.55M and is ranked #381 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Request (REQ) price trends and patterns to find the best time to purchase REQ.

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