REQ Crypto is one of the new currencies that’s been making a name for itself in the cryptocurrency market. And now, more and more people are wondering whether it’s worth investing in REQ Crypto. REQ is the native token of Request Network, a decentralized payment system where anyone can request a payment and receive money through secure means. So, if you like to learn more about this crypto, then read on to find out what you can expect.
What is REQ Crypto?
REQ is a decentralized open payment network for creating, storing and accessing invoices. With REQ, every invoice can be paid directly without the involvement of any intermediaries, resulting in reduced transaction costs. Furthermore, it is permissioned, meaning that the data remains accessible only to those who need it. REQ allows payment in digital currencies of many payment networks, including Ethereum, ERC20s, Polygon, Celo, Fantom, and Near.
REQ crypto is a deflationary ERC-20 token that powers Request Network's payment requests. This means that the supply of REQ decreases proportionally to the increasing adoption of the Request network. The token ensures the performance and stability of the Request Network.
REQ can pay for fees associated with a transaction on The Request Network. Additionally, REQ utility tokens are a means for token holders to participate in the governance and vote on decisions that are critical for the network's success. Furthermore, it's possible to stake REQ crypto tokens and earn interest on them.
What Is REQ Worth?
The price of REQ crypto is $0.527799 USD with a 24-hour trading volume of $136,726,092 USD. The token is down 8.01% in the last 24 hours. The current CoinMarketCap ranking is #155, with a live market cap of $527,733,816 USD. Furthermore, it has a circulating supply of 999,877,116 REQ coins and a max. supply of 999,983,984 REQ coins.
If you would like to buy Request, the top cryptocurrency exchanges for trading in Request stock are currently Binance, Mandala Exchange, OKEx, Huobi Global, and KuCoin. REQ works on the following wallets: Metamask, MyEtherWallet, Ledger, imToken, Trezor, Atomic Wallet, Jaxx Liberty and Trust Wallet.
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