Request (REQ)
Rank #390
Market snapshot
- Price
- $0.052311
- Market cap
- $41.7M
- 24h volume
- $1.1M
- Circulating supply
- 796,694,830.6391
- Total supply
- 999,416,740.9347
- Max supply
- N/A
What is Request?
Request is a protocol that aims to facilitate blockchain-based payments through a unified and decentralized infrastructure. It allows businesses and developers to implement payment solutions without the complexities often associated with blockchain technology. This protocol is designed to enhance cross-chain interactions and enable scalable payment solutions.
Key information
- Symbol
- REQ
- CMC rank
- #390
- Network / platforms
Ethereum, Polygon
- Categories
- N/A
- Date added
- Oct 20, 2017
Contract address
Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.
Ethereum
0x8f8221afbb33998d8584a2b05749ba73c37a938aPolygon
0xb25e20de2f2ebb4cffd4d16a55c7b395e8a94762
Key characteristics
Request is an open-source protocol that does not custody funds, which means it operates without jurisdictional restrictions. The fee structure is transparent, and users can set a preferred settlement destination for payments. The protocol automatically routes payments to the designated chain and stablecoin, ensuring that payers can only complete transactions for the exact amount requested. The Request API, Dashboard, and Secure Payment Page are additional services built on this protocol.
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is Request (REQ)?
- Request (REQ) is a cryptocurrency protocol designed for decentralized payment solutions, operating on the Ethereum and Polygon networks.
- What are the technical characteristics of Request?
- Request is an open-source protocol that does not custody funds, ensuring no jurisdictional restrictions and a transparent fee structure.
- What are the risks associated with transferring Request?
- Digital asset prices can be volatile. Users should verify contract addresses and networks before transferring assets and understand the risks of self-custody.
- How can I verify the acquisition of Request?
- Verify the asset name, network, and contract details before transferring. Ensure the destination address is correct and review custody methods.
- Where can I find official resources for Request?
- Official resources for Request can be found on their website at https://request.network/ and their GitHub repository at https://github.com/RequestNetwork/.
