What is REQUEST(REQ)?

Basic information about REQ

Coin name:

Request

Coin symbol:

Coin introduction:

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. 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.

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Current Price:

$0.101323More coin details

All-time high:

$1.059

All-time low:

$0.004547

REQ Supply Info and Tokenomics

Circulating supply:

744M

Total supply:

999M

Max supply:

1,000M

Market cap:

$75.413M

Fully diluted valuation:

$101.323M

What is the outlook and future value of REQ?

The current market cap of REQ is $75.413M, ranked 543 in the market, showing that the market already recognizes the value of REQ. When a bull market arrives, the market cap of REQ may continue to grow.

Moreover, if REQ can play a greater role in real-world applications—such as if the Monero developers can fully empower REQ and establish partnerships with more business partners to expand its user base—then the long-term value of REQ will be further enhanced.

What is the price of REQ in 2026?

According to the historical price performance prediction model of REQ, the price of REQ is expected to reach $0.106389 at 2026.

Note: As with any crypto investment, investors should closely monitor ’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get REQ?

Purchasing REQ with cash is not the only way to obtain REQ. If you have enough time, you can get REQ for free.

Learn how to get Hot rewards for free with REQ.

Earn free REQ by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get REQ airdrops for free.

All crypto airdrops and rewards can be exchanged for REQ through LBank spot trading.

Buy REQ starting from $1

What is REQ used for and how to use it?

The use cases for REQ may grow with the development of the crypto market and project progress. Currently, you can use REQ to:

Arbitrage trading of REQ

REQ is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many REQ trading pairs to suit your needs.

Earn yield with REQ

You can also lend out REQ or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your REQ gains.

Send or pay with REQ

If you want to pay someone with REQ, you can easily and quickly send REQ to them using their receiving address.

You can also visit the official website of Request to learn more use cases of REQ, such as whether the Request project supports community/eco apps or buying physical or virtual goods with REQ.