The Request (REQ) utility token, introduced in 2017, assures the performance and stability of the Request Network. The Request Network is an Ethereum-based decentralized payment system in which anyone may request and receive money in a secure manner.
The current Request price is $0.257244 USD, and the 24-hour trading volume is $43,859,775 USD. Our REQ to USD pricing is updated in real-time. In the last 24 hours, requests have decreased by 0.70 percent. With a live market cap of $257,213,972 USD, the current CoinMarketCap ranking is #190. There are 999,881,816 REQ coins in circulation, with a potential allocation of 999,983,984 REQ coins.
About Request REQ
The request is interwoven with regulations from around the world to ensure compliance with the trade rules of each unique jurisdiction. Every step is logged and saved on the Request network, allowing everyone involved to conveniently keep track of all invoices and payments for accounting purposes.
When a user files a payment request, they specify which address the payment should be sent to and how much it should cost. The user can additionally specify the payment's terms and conditions, converting a simple request into an invoice. After that, the user can share their payment request with their counterparty.
What is Request REQ?
The Request Network uses decentralized blockchains like Ethereum and IPFS to give users more security, privacy, and control over their data. There are transaction fees on the platform, which are a cost associated with broadcasting a change to the blockchain network. Transaction fees are intended to encourage miners to establish a consensus on the network's state. The implementation of blockchain technology also eliminates the need for third-party processors, resulting in lower transaction costs.
The Request Network uses autonomous blockchain technology including Ethereum and IPFS to give consumers more security, privacy, and ownership over personal data.
Who Are the Founders of Request REQ?
Christophe Lassuyt and Etienne Tatur are the creators of Request. Request's chief financial officer is now Christophe Lassuyt. Prior to this employment, he co-founded MONEYTIS. The request's head of research is the reputable Etienne Tatur. He co-founded MONEYTIS and worked as a lead developer at QOBUZ.
What Makes Request REQ Unique?
One of the Request's significant benefits is that transactions are generated automatically rather than manually. Users are not required to submit their account details. REQ may be kept in wallets like Metamask, MyEtherWallet, Ledger, imToken, Trezor, Atomic Wallet, Jaxx Liberty, and Trust Wallet. In addition to that, a portion of the REQ charge is burnt at a rate dictated by current supply and currency exchange rates.
Where Can You Buy Request REQ?
In order to buy or sell the REQ on different exchanges one can head straight towards the exchanges named below; Binance, Huobi Global, Uniswap (V2), and lastly Bitfinex.
Frequently Asked Questions About Celer Network CELR
How Many Request REQ Coins Are In Circulation Currently?
As of February 2021, the floating quantity of Request (REQ) is 999,912,165 REQ, with a maximum supply of 999,983,984 units.
What Security Measures Does the Request REQ Take?
REQ is an Ethereum platform-based ERC-20 token. REQ's requests are recorded in an immutable digital ledger. This ledger also acts as proof in the event of conducting digital audits.
On What Factors Does The Price Of The Request REQ Depend?
Exchange inflows and outflows, paramount and technical differences, the news cycle, and the overall economic climate are all interlinked variables that impact REQ’s price and market cap.
Conclusion
After the complete increment of up to 100% in just a matter of a certain transitional month, cryptocurrencies have suffered an intense depreciation due to their vulnerable market nature. Therefore, it's wide enough to quote that Request REQ tokens have been upgraded to a new all-time high translation volume of almost $0.257 U.S Dollars per token. The request has upgraded its level to fulfill the very necessary request of its subscribers as a sincere service provider.
Request REQ Official Website –https://request.network/
Request REQ Medium –https://twitter.com/requestnetwork
Request REQ Twitter –https://reddit.com/r/RequestNetwork