Exchange Request

Request Network is a decentralized payment system built on the Ethereum blockchain allowing anyone to request or send money through secure gateways. Request removes the necessity of an intermediary in the crypto transactions, thus making them cheaper, faster, and more secure. 

When creating the payment request users define the exact amount and also where should the money go, but also can set the limits and conditions for the payment as well as convert it into an invoice. After customizing, the push-generated request can be sent anywhere and to anyone. The counterparty can pay the requestor invoice in just 1 click in a p2p manner. Payments can be made in Ethereum, BTC, DAI, USDC, etc. 

The network provides an app with a set of financial instruments to manage all the crypto transactions. 

Every detail of the request and transaction is recorded in the blockchain. Only the parties involved in the payment can access this data. Users are not required to reveal their personal or account information to anyone.  

Request Networks processes transactions through the Ethereum blockchain or IPFS to achieve a maximum level of security, privacy, and ownership for the users. Due to the absence of third-party organizations’ transaction commissions are low and only exist to cover the cost of transferring the change on the blockchain. To comply with the different regulation rules all over the world, Request integrates all the legislation. 

REQ is an ERC-20 deflationary Request Network utility token. It is needed to grant the performance and stability of the project. At the launch in 2017, the token had a supply of 1 billion and by now successfully decreased to 999,877,117. The token is available for exchange on the major platforms, including Coinbase, Binance, Crypto com, and even some decentralized exchanges.