Binance
REQ
USD
1 REQ =$0.1683Last updated:
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Best Request Network (REQ) Prices

About Request Network (REQ)

Request Network (REQ) is a digital asset with a focus on facilitating secure and efficient transactions. The asset's technology is designed to streamline payment processes and enable seamless interactions between parties. With a strong emphasis on transparency and reliability, Request Network aims to revolutionize the way financial transactions are conducted in various industries. The asset's key features include decentralized invoicing, auditing, and accounting, making it a valuable tool for businesses looking to optimize their financial operations. Request Network's technology leverages blockchain and smart contract technology to ensure trust and security in transactions, providing users with a reliable platform for conducting business seamlessly.

How does Request Network work?

Request Network (REQ) is a decentralized platform that enables peer-to-peer transactions without the need for intermediaries. Built on the Ethereum blockchain, REQ utilizes smart contracts to facilitate secure and transparent payments. Its consensus mechanism, known as the Proof of Work Request (PoWR) protocol, ensures the validity of transactions and prevents double-spending. Request Network offers unique features such as cross-currency payments, invoicing, and auditing capabilities, making it a versatile solution for businesses and individuals. Its decentralized nature and blockchain technology provide a level of trust and efficiency that traditional financial systems lack, allowing for seamless and cost-effective transactions across various industries. With its potential applications in e-commerce, accounting, and supply chain management, Request Network is poised to revolutionize the way we exchange value in the digital economy.

How to keep your Request Network (REQ) safe?

To keep your Request Network (REQ) safe, it is recommended to store your tokens in a hardware wallet such as Ledger for enhanced security. These wallets provide an extra layer of protection by keeping your private keys offline and out of reach from potential hackers. Additionally, using trusted platforms like Coinbase, Kraken, and Binance for trading and storing your REQ tokens can also help ensure the safety of your assets. These platforms have robust security measures in place to safeguard your funds and provide added peace of mind for investors. By utilizing these secure options, you can better protect your Request Network holdings from potential threats and vulnerabilities.

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Sentiment about Request Network (REQ)

Request Network (REQ) is currently priced at $0.16 USD, with a market cap of $164,796,374.92. Over the past 24 hours, the price has decreased by 5.36%, while the 7-day change shows a positive trend of 24.49%. The social sentiment analysis indicates a bullish outlook, with a sentiment_absolute score of 40.00% and a social_impact_score reflecting positive social activity.

The asset holds a market cap rank of 359, with an alt_rank of 823. Despite recent price fluctuations, the social signal remains strong, suggesting potential market resilience. The galaxy_score of 40 further supports this sentiment, indicating a positive correlation between technical indicators, social sentiment, and price trends. With a solid social impact score and a high percentage of bullish tweets, Request Network shows promise for continued market performance.

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Request Network Buying Guide

Frequently asked questions about Request Network (REQ)