Request REQ

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 price analysis

At the time of writing, Request (REQ) trades at $0.066751, with a 24-hour trading volume of $1.46M and a total market capitalization of $49.72M. The asset is currently ranked #501 among all tracked cryptocurrencies by market cap.

Over the last 24 hours, the REQ price has rose +2.07%. On the seven-day chart, Request has retraced +1.22%, showing mixed signals across the short and medium term. Short-term price swings are often amplified by liquidity conditions, news flow, and derivatives positioning, so traders should confirm signals across multiple indicators before acting.

Request's all-time high of $1.06 was set on January 6, 2018. The current market price is +93.70% below that historical peak. Distance from the all-time high is a common reference point when evaluating long-term recoveries and identifying macro support or resistance levels.

How to buy Request

Buying Request (REQ) is straightforward once you know which exchange to use and which trading pair offers the best liquidity. The steps below describe the typical flow used by most investors today.

1. Choose a reputable exchange. Pick a platform that lists REQ with deep liquidity, transparent fees, and strong security practices. Our top-rated exchanges guide compares the leading venues side-by-side.
2. Create and verify your account.Complete the exchange's KYC process — most platforms require a government-issued ID and a short identity check. Verification is usually a one-time step that takes just a few minutes.