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View ChartRequest is a decentralized network built on Ethereum that enables secure and transparent invoicing, accounting, and payments between businesses and individuals.
Request is a decentralized application (dApp) protocol designed to revolutionise how invoices and payments are handled by leveraging blockchain technology for trust and automation.
| Item | Details |
|---|---|
| Name (Ticker) | Request (REQ) |
| Alternative Names | Request Network |
| Consensus Mechanism | Ethereum Proof-of-Stake (PoS) |
| Smart Contracts | Yes (EVM-Compatible). Primary contract: 0x8f8221afbb33998d8584a2b05749ba73c37a938a |
| Category | DeFi, Payments, Invoicing |
| Hash Algorithm | Keccak-256 |
| Block Reward | N/A (ERC-20 token on Ethereum) |
| Max Supply | -- (No hard cap; deflationary model) |
| TPS | Dependent on the Ethereum network |
| Scaling Solution | Ethereum Layer 1; compatible with Layer 2 solutions |
| Blockchain | Ethereum |
The Request Network was founded by Christophe Lassuyt and Etienne Tatur. The project emerged from a successful initial coin offering (ICO) in late 2017. The core team, backed by Request Foundation, consists of developers and entrepreneurs focused on building decentralized financial infrastructure. Their vision was to create a universal protocol for payment requests that could integrate seamlessly into existing business workflows, replacing traditional systems like PayPal or bank transfers with a more efficient, transparent, and global blockchain-based alternative.
The Request Network functions as a layer on top of Ethereum. Users can create a "Request" – essentially a smart contract-based invoice that specifies payment terms between a payer and a payee.
Request's primary innovation is applying blockchain's trustless and transparent nature to the mundane but critical world of invoicing and B2B payments.
The REQ token is the utility and governance fuel for the Request Network ecosystem.
The Request ecosystem focuses on integration and partnership to drive adoption.
REQ is not a mineable cryptocurrency. It is an ERC-20 utility token issued on the Ethereum blockchain. All REQ tokens were created during its genesis event and initial distribution. New tokens are not generated through mining. The only supply change mechanism is the deflationary burn, which permanently removes tokens from circulation.
As an ERC-20 token, REQ should be stored in secure Ethereum-compatible wallets.
REQ is a cryptocurrency listed on several exchanges. For higher liquidity and a secure trading experience, it is recommended to use a major platform like BTCC.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for REQ are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
Request (REQ) is not a proof-of-stake blockchain and does not rely on staking to secure a network. It is the utility token of Request Network, an open-source payment protocol built primarily on Ethereum and connected to chains such as Base, Polygon, Arbitrum, Optimism, Tron and BNB Chain. Security comes from those underlying networks, while REQ supports the protocol's governance and long-term economic model.
Supply mechanics matter for price. The total supply is ∞, with a circulating supply of 796.69M. Because there is no staking lock-up, tokens stay liquid and tradable, so demand is driven mainly by real payment volume, adoption and governance participation rather than by yield farming. When usage of Request Network grows, organic demand for REQ can rise; when activity slows, supply on exchanges can weigh on price. Traders can monitor REQ/USDT perpetual contracts on BTCC to react to these shifts.
Request Network upgrades focus on making crypto payments practical at global scale. Its core feature is cross-chain stablecoin payments: with a single integration, businesses can access 95% of global stablecoin supply across Ethereum, Base, Polygon, Arbitrum, Optimism, Tron and BNB Chain. Payers use the assets they already hold, while recipients receive the token and settlement chain they prefer, and the non-custodial design means funds never transit through the protocol.
These features reduce friction such as bridging, swaps and gas management, and enable gasless payment experiences and batch payouts. As more merchants and payment providers integrate, cumulative volume (already over $2 billion since 2017) can grow, strengthening demand for Request (REQ) within its governance and economic model. Gas fees are paid on the underlying chains rather than to REQ itself, so lower-cost chains and L2s improve the user experience and can indirectly support REQ's value by driving adoption. On BTCC, traders can express this outlook via REQ/USDT perpetual contracts.
A spot ETF would be a regulated fund holding the underlying asset, letting traditional investors gain exposure through standard brokerage accounts without managing wallets or private keys. For a mid-cap token like Request (REQ), no such product is confirmed, so institutional access currently comes through exchanges, custody solutions and direct over-the-counter purchases rather than an ETF wrapper.
If institutional adoption increases, the typical effects are higher liquidity, deeper order books and greater legitimacy, which can raise the price floor and reduce volatility over time. Sustained inflows would also tighten available supply on exchanges. However, REQ remains a smaller-cap asset with a market cap of A$65.030203M, so institutional flows could move price sharply in either direction. Investors should track real adoption metrics, such as payment volume and integrations, rather than speculation, and can hedge or trade the trend on BTCC's REQ/USDT perpetual contracts.
Request (REQ) and Bitcoin (BTC) serve very different roles. BTC is a decentralized store of value and settlement network, while REQ is the utility token of Request Network, a payment protocol focused on cross-chain stablecoin payments and payouts. The table below summarises the key differences.
| Dimension | Request (REQ) | Bitcoin (BTC) |
|---|---|---|
| Core Positioning | Payment protocol utility token | Digital store of value |
| Supply Model | Fixed total supply, no mining | Capped 21M, halving issuance |
| Consensus | Runs on Ethereum and other chains | Proof of Work |
| Main Use Cases | Cross-chain stablecoin payments, payouts, governance | Settlement, value storage, collateral |
For investors, BTC is typically a lower-volatility macro asset, while REQ is a smaller-cap, adoption-driven token with a market cap of A$65.030203M. Both can be traded on BTCC.
On BTCC, you can attach stop-loss (SL) and take-profit (TP) orders to any REQ/USDT perpetual contract position. The goal is to cap downside and lock in gains automatically.
Always size positions so a single stop-out does not damage your account, and avoid placing stops too close to current price, where normal volatility can trigger them prematurely. BTCC supports SL/TP and trailing stop tools directly on the REQ/USDT trading page.
The current price of Request (REQ) is A$0.080038, with a market cap of A$65.030203M and 24h trading volume of A$2.141071M. The circulating supply is 796.69M (max supply ∞).
These figures update in real time, so short-term moves can be sharp, especially for a mid-cap token. For the most accurate live data, open the REQ/USDT perpetual contract page on BTCC, where you can view the live order book, recent trades, funding rate and open interest. Monitoring volume alongside price helps confirm whether a move is backed by real participation or is simply thin-market noise.
Request (REQ) price movements come from three main layers:
Since more than $2 billion has already moved through Request Network technology since 2017, adoption metrics are a useful long-term signal. Traders can act on these drivers through REQ/USDT perpetual contracts on BTCC.
The all-time high of Request (REQ) is A$1.685585, reached on 2018-01-06 06:55; the all-time low is A$0.006621, recorded on 2020-03-13 02:30.
Comparing the current price with these extremes helps frame where REQ sits in its market cycle. A token far below its ATH may still carry heavy overhead resistance, while a price well above its ATL shows long-term recovery. For a full view, open the REQ/USDT chart on BTCC and inspect the complete cycle, including volume and key support and resistance zones, before planning any trade.
Reading Request (REQ) candlesticks starts with the basics:
Combine these signals on the REQ/USDT chart on BTCC, and always confirm with a stop-loss before entering a trade.
You can profit from falling Request (REQ) prices without holding spot tokens by shorting REQ/USDT perpetual contracts on BTCC. The mechanics are simple: open a short position at a higher price, then close it (buy back) at a lower price to lock in the price difference as profit.
This gives traders a two-way opportunity, so bear markets and pullbacks are tradable, not just rallies. Shorting also lets you hedge a spot holding during downturns. Key risk controls include setting a stop-loss above key resistance, using modest leverage, and watching funding rates, which can cost or pay depending on market positioning. Always confirm the trend and volume before entering, and keep position size within your risk tolerance.
Yes. BTCC offers flexible leverage on REQ/USDT perpetual contracts, up to 50x, subject to platform risk rules and position limits. Leverage lets you control a larger position with less capital, which can amplify returns when the market moves in your favour.
However, leverage magnifies both gains and losses, and high leverage can trigger liquidation quickly during volatile moves. Beginners should start at 2x to 10x and always use a strict stop-loss. As experience grows, leverage can be adjusted gradually. Before trading, review the margin mode, maintenance margin and liquidation price on the REQ/USDT page, and never risk more than you can afford to lose.
After registering on BTCC, you can switch to Demo Trading mode and receive virtual funds, such as 100,000 USDT, to practise without risking real capital. The demo environment uses real Request (REQ) market data, so the experience closely mirrors live conditions.
In demo mode you can practise adjusting leverage, placing market and limit orders, and setting take-profit and stop-loss levels on REQ/USDT perpetual contracts. This is a safe way to test strategies, learn how funding rates and liquidation prices work, and build discipline before going live. Once comfortable, you can move to real trading with the same interface and tools.
Follow these four steps to buy and trade Request (REQ) on BTCC:
Start with small size and modest leverage while you learn how the market behaves. Review the live order book, funding rate and open interest before each trade, and always use risk controls. BTCC also offers a demo account with virtual funds if you want to practise the full flow first.
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