Request current price (REQ)

$0.989

71.99%
Trading Volume (24h)
$499,378,364.96

Market/Exchange

Exchange
Currency Pair
Price
Trading Volume (24h)
Mandala Exchange
Mandala Exchange
REQ/USDT
Coinbase Exchange
Coinbase Exchange
REQ/USD
BKEX
BKEX
REQ/USDT
Bitvavo
Bitvavo
REQ/EUR
Coinbase Exchange
Coinbase Exchange
REQ/USDT
Coinbase Exchange
Coinbase Exchange
REQ/EUR

REQ Price Prediction and Price Movement

REQ has been up 306.93 percent over the past three months, together with its relatively large market capitalization, it is likely that REQ may continue its upward movement and we may see some decent growth out of it. However traders are still advised to do thorough research before putting money into this coin as fundamentals do serve a pretty big part in a coin's price actions in the long run.

Please note that this analysis is purely base on REQ's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.

Request Price Chart

About Request

What Is Request (REQ)?

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.

Who Are the Founders of Request?

The founders of Request are Christophe Lassuyt and Etienne Tatur.

Christophe Lassuyt is currently the chief financial officer at Request. Before this position, he co-founded MONEYTIS.

Etienne Tatur is the chief technical officer of Request. Prior to this, he also co-founded MONEYTIS and worked as a lead developer at QOBUZ, a music streaming service.

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.

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, 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.

A portion of the REQ fee is burned at a rate that is determined by the current supply and the exchange rate with other currencies.

Request’s (REQ) circulating supply is at 999,912,165 REQ as of February 2021 and the maximum supply is 999,983,984 tokens.

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.

Where Can You Buy Request (REQ)?

Request (REQ) can be bought and sold on multiple exchanges, including:

  • Binance
  • Huobi Global
  • Uniswap (V2)
  • Bitfinex

If this is your first time purchasing a cryptocurrency, check out our Bitcoin buying guide.