What is the total supply of Request (REQ) coins?

With its fixed supply of 999,999,999 REQ coins, Request Network ensures sufficient liquidity for seamless payment transactions within its decentralized ecosystem.

Dec 24, 2024 at 08:39 pm

Key Points:

Request Network (REQ) is an open, decentralized payment network for businesses and individuals.
REQ tokens are used to facilitate payments and access Request services.
The total supply of REQ coins is 999,999,999.
REQ is available on a range of cryptocurrency exchanges, including Binance, KuCoin, and Huobi.

Total Supply of Request (REQ) Coins

The total supply of REQ coins is 999,999,999. This supply is fixed and cannot be changed. Of this supply, approximately 461 million REQ tokens are currently in circulation. The remaining REQ tokens are held in reserve by the Request Network team.

Distribution of REQ Coins

The REQ token distribution is as follows:

60% - Public sale
20% - Request Network team
10% - Early investors
10% - Advisors and contributors

Use Cases for REQ Tokens

REQ tokens are used for a variety of purposes within the Request Network ecosystem, including:

Payment of invoices: REQ tokens can be used to pay invoices for goods and services.
Access to Request services: REQ tokens can be used to access premium Request services, such as dispute resolution and payment tracking.
Staking: REQ tokens can be staked to earn rewards and support the Request Network.

Where to Buy REQ Tokens

REQ tokens are available for purchase on a range of cryptocurrency exchanges, including:

Binance
KuCoin
Huobi
Uniswap
Kyber Network

FAQs

Q: What is the current price of REQ tokens?
A: Currently, the price of one REQ token is $0.14.

Q: Why is the total supply of REQ coins so high?
A: The total supply of REQ coins is high to ensure that there is enough liquidity for the network to operate smoothly.

Q: How do I buy REQ tokens?
A: REQ tokens can be purchased on a range of cryptocurrency exchanges, such as Binance, KuCoin, and Huobi.

Q: What are the benefits of holding REQ tokens?
A: Holding REQ tokens provides a number of benefits, including the ability to pay invoices, access Request services, and stake REQ tokens to earn rewards.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Please consult a qualified financial advisor before making any investment decisions.

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