Where to Buy Request Network (REQ)

Request Network (REQ)

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How to Buy Request Network (REQ)

Say goodbye to those pesky third parties taking commission for each online payment you make. The team behind Request Network is looking to create a decentralized network that gives users a more secure, easy, and cheap way to make online payments all without the need to involve a third party.

All of the information on the Request network is kept in a decentralized ledger and is universal, meaning it can support all global transactions — regardless of currency, language or legislation. You can thank Request’s integrated trade law system for that.

So, it’s just another PayPal?

It’s a bit more than that. On top of being able to make online payments, Request Network offers:

  • The ability to create and share invoices on an immutable ledger
  • Accounting and auditing services
  • A firm and clear framework for the Internet Of Things to interact financially
  • The power to freely access budgets for agencies like city halls or NGOs

It’s time to part ways with those third parties and get you set up with the Request Network token. Let’s get started.

Create A Coinbase Account

Head on over to Coinbase and purchase some Bitcoin or Ethereum. If you’re having some issues, try buying the coins from Coinmama — the process will remain the same. If you already have some BTC or ETH laying around, then head on over to step 2.

Set Up A Binance Account

We’re not ready to buy the REQ quite yet. First, you will need to visit a cryptocurrency marketplace. There, you will be able to purchase other coins, like REQ, using your BTC or ETH. There are a couple of marketplaces available to purchase REQ, but for today’s tutorial, we will be using Binance. Create a Binance account and then move on to step 3.

Move your BTC or ETH to Binance

These next steps can be complicated, but it’s actually pretty simple. All we’re going to do is move our BTC or ETH from our Coinbase wallet to our Binance wallet. Think of it as taking money from one bank account and placing it in another. Here is how we’ll do that:

  • Select “Wallets” on Binance
  • Look for “BTC” or “ETH”
  • Select “Deposit”
  • Select and copy the address (what we call the address string)
  • Open up Coinbase again
  • Click on the “Accounts” tab on Coinbase
  • Identify the BTC or ETH wallet & select “Send”
  • Place the Binance wallet address into the Coinbase recipient address bar
  • Fill out the desired amount and then send them along!

It’s totally understandable if you’re still confused. Below are some screenshots to help illustrate the process using ETH as an example:

Purchase Request Network (REQ) on Binance

Alright, now we are ready to buy some REQ. Locate the “Markets” tab and find the BTC/REQ or ETH/REQ market. Here, you will have the ability to determine your price per coin, the number of coins you want to purchase, and then buy!

Below we have a screenshot that illustrates the components of the page:

Calculate & Save

Hooray, you’ve successfully purchased some REQ! You can keep them stored in your wallet — some people choose to do this — or you can head back to the marketplace. It’s up to you.

 

Anything else?

Nope, you’re done! Hopefully that wasn’t too bad. If you still have any questions, feel free to send them our way in the chat window to your right. We’re here to help.

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